"Business / Corporations / E-commerce" Essays

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Business Term Paper

Term Paper  |  1 pages (336 words)
Style: MLA  |  Bibliography Sources: 3



The objective of this work is to answer the questions of: (1) What is the value of competitive analysis to the small business owner?; (2) What sorts of thing should the business owner know about their competition; and (3) What analytical methods can be used to become informed of this information?


The advantages and benefits of conducting a competitive analysis by the small business owner include the number one benefit of knowing what the edge that the business has over its competition in the marketplace. This analysis allows the business owner to know the target market which is key for business success. The business owner is also to identify and analyze the competitors of the business in terms of the strengths and weaknesses of their products and services as compared to the small business product and services offerings. This type of analysis will identify the strengths and weaknesses of the business and of its competition.

II. WHAT SHOULD BE…… [read more]

Jinjian Business Strategy Jinjian Garment Factory Term Paper

Term Paper  |  3 pages (870 words)
Bibliography Sources: 0


Jinjian Business Strategy

Jinjian Garment Factory Business Strategy

The Jinjian Garment Factory's many challenges are made even more challenging due to the lack of clarity in human resources policies and practices, myopic and short-sighted approach to managing inbound production demand including a lack of production scheduling which includes a lack of forecasting, a lack of business process management (BPM) workflow best practices, and lastly, a lack of consistent quality management processes and practices. In short, the entire factory needs to be re-vamped both from a process standpoint across each of its functions; there is no synchronization across accounting and finance for example to production to accurately forecast and control the cost per garment produced. There isn't a standard costing model defined to measure cost variances against; there is no centralized enterprise resource planning (ERP) series of processes or automation included in factory. In short, this is factory of 250 employees working with processes that individual craftsmen would use to accomplish the same result. As a result of all these problems and lack of coordination between each of the factories' functional areas, confusion reigns and morale is very poor as a result. Clearly the owner and managing director, Mr. Lou Baijin, is in for many more sleepless nights and $15,000 air shipment bills (and the potential of lost customers) if the fundamental aspects of the factories do not change soon.

Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis

In assessing the Jinjian Garment Factory and defining its strengths, weaknesses, opportunities, and threats, the following key insights are defined:


Production efficiencies evident in the ability to meet large, complex orders from U.S.-based customers. Despite the relatively high cost of labor the Jinjian Garment Factory is capable of accepting and fulfilling large orders.

Strong customer relationships with American retailers as evidenced by the large order being completed as the case study begins and the factory working overtime to complete an order.

Ability to attract and retain skilled workers during one of the busiest months of the year is a strength that Jinjian Garment Factory has been able to grow over time by cooperating with and bargaining successful with workers on wages.

Expert-level knowledge of the processes including in CMT including the 15 procedures necessary for creating a dress.

Strong expertise in production workflow, despite needing to have this more automated as a series of processes.

Ability to meet many small orders illustrates that the CMT process and 15 procedures to produce a dress are well-understood throughout the company.


There is a complete lack of demand planning in the factory, even to the worksheet level, much less to…… [read more]

Internet Technology (It): Next Five Years Term Paper

Term Paper  |  15 pages (4,429 words)
Bibliography Sources: 10


Wal MartIT

The company chosen on which to conduct a mini case study for this paper is WalMart, and in particular the paper will attempt to concentrate on a number of issues that WalMart recently faced in regards to Information Technology and Systems, and how, if technology had been correctly implemented and used, could have likely saved Wal-Mart a lot… [read more]

Ratio Analysis of Different Companies Within the Same Industry Term Paper

Term Paper  |  10 pages (2,999 words)
Bibliography Sources: 1+


Ratio Analysis of Different Companies Within the Same Industry

The aim of this report is to make a comparison between 10 important companies, from different fields of activities. The comparison tool would represent various financial-accounting ratios that would best highlight in quantitative terms the specific characteristics and performance of the company.

This comparison based on financial and accounting ratios is… [read more]

Report of a Business Ethics Case Study

Case Study  |  4 pages (1,228 words)
Style: Harvard  |  Bibliography Sources: 4


Coca Cola is the most famous and strongest brand name in the world. The Coke was initially invented for medicinal use in the late-19th century. Coke after moving from the hands of different businessmen reached its cult status uner the marjeting and business startegies of Asa Griggs Candler who purchased Coca-Cola and developed its unique contoured bottle. Coca cola had a clear and strong position in the consumer's mind but over the years it has somewhat diluted as the company had to face ethical issues. "After decades of growth, Coca Cola has stagnated - much to the annoyance of investors, who have watched the shares tumble from almost $70 to about $40 in the past five years" (Sterlicchi 2005).

Ethical Shortcomings

The case of Coca Cola reminds us of the significance of business ethics. Ethical lapses can seriously affect corporate operations and reputations. The incident like Burger King Market test, channel stuffing etc. would not have happened had management been active in implementing ethics at all levels of management. The lapses were also on part of management in terms of slow rsponse to a public issue. The incidents show the signs of expediency and importance of short-term gains over long-term profits. Ideally there should be a code of ethics in place to deal with the possible issues and it should be the part of the company's mission, vision, goals and reason for being. In the event of drastic issues like contamination or racial discrimination management has to adhere to stringent corporate policies & practices that are ethicaly sound. If management does not give importance to ethics then situation like Coke's develops. The problem Mostly management gives importance to all the operational, branding, marketing and technical issues because they all translate into bottom line profits. What management fails to realize that issues of ethics, corporate responsibility etc. directly or indirectly becomes part of the organizational cultutre and cultutre eventually determines the mannerism in which emoploees work and contribute to its short as well as long-term standing in the eyes of consumers as well as the corporate world. The problem of basic ethics with the management has created such torubles for Coca Cola and its reputation and standing. The management should have become proactive when one incident took place but lack of aaction and consideration for the concept of 'quick response' plague the company resulting in more issues related to ethics.

Further Degeneration

The scandals surrounding companies like Enron etc. have highlighted the issue of ethics in business. The repercussions of unethical business or personal conduct became known to all and sundry. Coke's expansion worldwide has resulted in its vast growth. The management of such a large network becomes a matter of concern. The company currently does not set common corporate goals and it allows the management of each region to sets it own goals. The brand name of Coke has been developed with a lot of efforts and the company has sustained its position at the top for decades. The problem… [read more]

Business Buying Decision Process Term Paper

Term Paper  |  4 pages (1,643 words)
Style: APA  |  Bibliography Sources: 4


Business Buying Decision Process

The business buying decision can be an extremely important one in the ultimate buying process, and this process involves several steps. It must be remembered that the business market as such is made up of organizations that, in some way or another, may be involved in the manufacture, distribution, or offering support services for the product… [read more]

Business Models and Planning Term Paper

Term Paper  |  5 pages (1,680 words)
Style: Chicago  |  Bibliography Sources: 1+


Business Models and Planning

Analysis of the Google Business Model

What is unique and highly differentiated about Google's business model as a business is that it costs nothing for it customers to use, is continually being improved for those users, and builds revenues based on advertising, value-added services for businesses, and increasingly a concentration on how to create learning and… [read more]

Starbucks Corporation Competing in a Global Market Term Paper

Term Paper  |  14 pages (3,967 words)
Style: APA  |  Bibliography Sources: 4


Starbuck's Case Study

Briefly describe the history and evolution of Starbucks.

Seattle entrepreneurs Jerry Baldwin, Zev Siegl, Gordon Bowker founded Starbucks in 1971, locating their coffee importing business in Seattle's Pike Place market. The founders were content to grow the coffee importer to five stores in the metro Seattle area, and were gradually becoming known in the coffee industry, and… [read more]

Multinational Corporations and Ender Developed Term Paper

Term Paper  |  8 pages (2,290 words)
Style: APA  |  Bibliography Sources: 15


Political Science

International Relations

Definitions of Beneficial and Detrimental

Investing in North Korea by South Korean Companies

Case Where the Company Alone Benefited

Case Where both the Country and the Company Benefited

Measurement of Benefits -- Political Considerations

Corporations and Ethical Practices

Egregious Failures, Notable Successes

This paper covers three investments in underdeveloped countries with varying experiences on the part… [read more]

Ethics Contribute to Employee Commitment? Essay

Essay  |  4 pages (1,223 words)
Bibliography Sources: 0


¶ … ethics contribute to employee commitment?

Despite the vastly broad range of answers that would fit in accordance to the context of such a question, and as related through Business Ethics, there are two direct subtopics that may prove to accurately cover what is assumed to be sought in the question being asked.

First, ethics in terms of a business's operatives and performance as an employer contribute to employee commitment in a number of ways. Foremost, the relation of respect that a business provides for its employees is undoubtedly the solidifying factor that ensures employee commitment. This is in essence, the idealistic model of a give-and-take relation - provide respect (through operatives) and receive respect (through commitment). Second, ethics in terms of an employee's own standard by which they measure up to an ethical level are specifically defined in contributing to commitment according to what these standards match in the area of sustaining responsibility and a true degree of loyalty. Obviously, if an individual (employee) has a level of ethics that parallel the expectations of an employer, then par for the commitment will be reached through the contribution of these ethical measures. To sum up an answer to such a broad question with a broad answer; ethics contribute to employee commitment in various ways, depending on where the ideals of ethics are being attributed.

2. Why is reputation so important and what can companies such as Wal-Mart do to improve their reputation?

Reputation represents the single most effective manner of marketing and non-visual advertising - word-or-mouth. For lack of a better analogy; when you strip an entity of everything that comprises its self-deployed and self-asserted image, you have nothing left but its character. Character is what delineates reputation. In terms of a consumer-based company, such as Wal-Mart, the reputation can play a leading role in what dictates the consumers' decision making. When these reputations are on a limb, there is much a company can do to restore the 'faith', especially if the financial availabilities are present - which they are with Wal-Mart. Starting some of the Union-mirrored organizing within the employee infrastructure has already proven to be a positive affirmation among Wal-Mart employees. Community outreach programs also help to restore consumer opinions, which ultimately contribute to the development of the employee mainframe.

3. List three business problems, situations, or opportunities that you believe are ethical issues. Explain why.

Unrecognized holidays have begun to cause problems for employers with employees of a foreign culture, immigrant status or simply of uncommon faith. This is an ethical issue as it blatantly contradicts the intended ethical fibers that make up what we call our constitutional rights. The issue of employers providing a healthcare plan that covers the partners of homosexual employees is a very touchy subject with an ethical basis because you have some sects that claim these benefits are solely and strictly for spouses. Agreeing or disagreeing with either side of this dilemma is absolutely arbitrary as anyone could agree that this… [read more]

Coke's CEO Doug Daft Has to Clean Up the Big Spill Term Paper

Term Paper  |  1 pages (335 words)
Bibliography Sources: 0


Coke's CEO Doug Daft Has to Clean Up the Big Spill"

Penny-wise but pound foolish would be the most apt characterization of Coca-Cola's supply chain management strategy until recently. For an international company like Coca-Cola, maintaining good relationships with key components of its supply chain all over the globe, like its regionally-based bottlers, is essential. However, because the last CEO stressed that showing a return on an investment below the cost of capital added financial liquidity to the company, Coke 'squeezed' its bottlers of virtually every penny it could extract from the bottler's bottom lines. This yielded short-term gains for Coke on its balance sheet and showed an impressive profit for the corporation's shareholders. But these polices that ensured that only one of the ten anchor bottlers around the globe earned a return above the cost of capital. This meant it was difficult for the bottlers to meet the new demands Coke made upon the bottlers, when Coke was seeking to expand in crucial emerging markets in…… [read more]

Blackboard, Inc. Marketing Plan Term Paper

Term Paper  |  18 pages (4,520 words)
Bibliography Sources: 3


Blackboard Inc. marketing plan

Blackboard Inc. is a software company focused on delivering high quality products that satisfy a wide array of customers. Their products and services mainly target students, teachers and universities and are aimed to facilitate the e-learning process. Aside from online learning, the Blackboard products are also used for online purchases and other e-commerce operations. However, the… [read more]

Corporate Characteristic Proposal Term Paper

Term Paper  |  2 pages (570 words)
Style: APA  |  Bibliography Sources: 1


Corporate Characteristics Proposal

Characteristics of a Corporation

The most unique aspect of a corporation, under U.S. law, is that a corporation is considered an individual, separate legal entity, a fictional 'person,' unlike a single or joint proprietorship or a Limited Liability Company (LLC). The advantage to incorporating a business is that the owners of the corporation are not liable for the corporation's debt. The disadvantage of incorporation is that a corporation pays income taxes, which means that if the founders of the corporation rely upon the corporation as their main source of income, they may be taxed 'twice,' as individuals and as the corporation. Also, the founders lose a certain amount of control over the corporation's activities, unless they own most of the stock, or trade the stock on a private exchange.

The owners of a corporation may be few or many, but all hold stock in the company. The owners are called shareholders or stockholders, and vote for the Board of Directors, which is usually made up of professional managers. The shareholders also receive dividends or profits "when authorized by the Board of Directors" and they "have first right of refusal when additional shares are issued, thereby allowing the stockholder to maintain the same ownership percentage of the company before and after the new shares are issued" ("Accounting Principles II: Characteristics of a Corporation," 2007, Cliffnotes).

As well as limited liability (shareholders are not responsible for debts) a corporation has unlimited life under the law (hence the Ford Company has outlasted the lifespan of Henry Ford). A corporation can issue stock privately, on privately-traded exchanges, as well as on public ones, and can be a for-profit or not-for-profit entity.

Types of stocks

The two…… [read more]

Business Competitive Intelligence Term Paper

Term Paper  |  3 pages (875 words)
Style: Harvard  |  Bibliography Sources: 15


Business Competitive Intelligence


REF: Design, set up and implementation of the Competitive Intelligence System

As our company is becoming more global and will be likely to extend its area of activity in Sub-Saharian Africa, it will become more and more faced with the current global competition. In its attempt to successfully handle it, obtaining a competitive advantage is a key approach and information plays an essential role in this process. This will in fact refer both to the competitors on the markets the organization will aim to penetrate and to the actual specificities of those markets and their characteristics, as well as those of the consumers.

Critical intelligence fields to be included

The critical intelligence fields that will need to be included in the Competitive Intelligence System can be divided into two main categories: competitors and customers. The challenge will be not only to analyze the competitors and customers and to provide relevant informational feedback that will lead to a well - thought final decision, but also to anticipate consumer trends and competitor movements as they will be likely to evolve over the next period of time.

1) Competitors. The competitors are the companies that already operated on the Sub-Saharan African market, but also those who the organization believes might be likely to enter some time in the near future. The latter will also affect the market equilibrium and will likely determine the way that our own organization is likely to price its product and services and attract new consumers. This can be regarded as quantitative information as to the numbers of firms operating, their revenues and size etc.

On the other hand, it is also important to obtain qualitative information about these organizations. This type of information will present the current position on the market for these companies, the way this is likely to change in the future and how these companies might react under different market constraints. This type of information will be useful for our own organizational decisions, taken by referring to other competitors as well.

2) Customers. The customer intelligence is in close relation with the market conditions and the customer behavior, which is often determined by local characteristics. The unit will (a) reflect on current tendency in the consumers base, (b) anticipate potential future trends and - analyze any potential movements of the customers towards other competitors.

Design and implementation

There are two type of board methodologies that will be used: on site and off site methodologies. The off site methodologies will involve people in the country of origin and will rely on…… [read more]

Global Business Management Term Paper

Term Paper  |  1 pages (401 words)
Bibliography Sources: 0


Global Business Management

The study of international business is fine if you are going to work in a large multinational enterprise, but it has no relevance for individuals who are going to work in small firms.

A consumer, surfing the Internet, points and clicks with the mouse to purchase a warm wool sweater as a Christmas gift. That consumer discovered the extra-special sweater, not on a major retailer's website like the Gap or Macy's, but from a small, Scottish firm specializing in hand-woven sweaters that maintains its own website. Anyone can use the website, regardless of where they live in the world, so long as they have access to a computer. This hypothetical example demonstrates the fact that international commerce is not something that can be ignored, even by the smallest of businesses. The Internet holds a host of opportunities regardless of the size of a firm. Even a small proprietor with a decent website developer can use the Internet to add considerable revenue to his or her bottom line.

At very least, a small business owner must be aware of competitors' commercial offerings online even if the competitors hail from far away. The business owner must understand how his…… [read more]

Amazon.com Case Analysis the Intent Term Paper

Term Paper  |  9 pages (2,610 words)
Style: Harvard  |  Bibliography Sources: 20


Amazon.com Case Analysis

The intent of this analysis of Amazon.com is to first evaluate and critique the company's business models' evolution from 1999 to 2003, in addition to how the business model has responded during that period of time to increasing globalization pressures as well. Amazon.com's maturation from an online bookstore to a business model that encompasses both products and… [read more]

No Need Term Paper

Term Paper  |  4 pages (1,165 words)
Style: MLA  |  Bibliography Sources: 3


Business - International

Oceania: Government Orders Fish Company to Shut Down

The Pacific Magazine, Tuesday, October 16, 2007

The Palau Government and the Palau Marine Industries Corp. tuna fishing company had previously sealed an agreement of good faith. The agreement presupposed that the company faithfully follow the rulings of the government and if so, they would be able to carry on their activities; if they failed to follow the rules, the government had the right to close down the business. The tuna fishing company was exporting a monthly average of $1-3 million worth of fish, but they had debts towards the state in the form of tax in the amount of $5.8 million. Based on the unconformity with the good faith agreement, Ricardo Basouch, the Chief of the Division of Revenue and Taxation for the Republic of Palau summoned the PMIC to cease their operations by this Friday. Otherwise, they would be civilly and criminally charged.

Influence on International Management

The decision made by the Palau government is one with international applications as it teaches leaders to step up and defend the agreements signed in front of all parties involved in a business. When the government and the Ministry of Finances decided to close down the PMIC, they revealed the true importance of the rights and obligations of a contract. It impacts the way an agreement is perceived by both parties involved.

As such, within the context of international management, the leaders are shown their authority to implement the measures previously agreed upon. It shows that leaders have the real ability to exercise their functions and their rights in a case when their subordinates or partners do not follow the established rules.

To the second party of an international business, the decision made by the Palau government reveals the actual implications of a signed contract and the consequences it can generate if the terms of the understanding are not followed. Since the PMCI was closed due to tax debts and other broken rules of the good faith agreement, any other companies can be closed if they do not respect the contractual provisions.

As such, the government's decision to shut down the Palau Marine Industries Corp. impacts the international management in the meaning that it highlights the seriousness of an agreement and the consequences that might derive from breaking it. In other words, it supports leaders to exercise their given rights against their partners and it obliges the latter to follow the rules previously established.

2. South America: New South American Bank Planned

BBC News, Tuesday, 9 October 2007

Article Review

Venezuela's President Hugo Chavez initiated the idea of creating a new world bank in South America. The concept was accepted by a total of seven countries - Argentina, Brazil, Bolivia, Ecuador, Paraguay, Uruguay and of course Venezuela - and the new bank will be opened in 2008. The thought of creating a new development bank in South America is based on Chavez's ideal to increase their independence from the United… [read more]

Ethical Theory and Business Term Paper

Term Paper  |  5 pages (1,689 words)
Style: Chicago  |  Bibliography Sources: 4


Social Responsibility

Two prehistoric men (corporate executives) go hunting for their families (corporate stockholders). It is cold, and animals are scarce. The men are competing for the little food that remains to keep their wives and children alive. One man spies a lone animal that will just about be enough for the quantity needed (profit, positive gain). He does not… [read more]

Strategic Plan for a Hypothetical New Business Term Paper

Term Paper  |  17 pages (4,637 words)
Bibliography Sources: 1+


Strategic Plan for a Hypothetical New Business

Gekko Consulting and Recruiting will be opening its new recruitment agency in the center of Lauderdale Lakes, Florida , on one of the most important avenues in the town, the State Road 7. Its location will allow it to be in the close proximity of all the local large businesses, thus providing a… [read more]

AES Corporation Term Paper

Term Paper  |  3 pages (920 words)
Bibliography Sources: 2



The corporate culture at AES is one of its most important and enduring aspects. Indeed, it is this culture that helped the company move through its restructuring process. Before the restructuring process, the company was headed by a thinly populated headquarters, with a workforce that was used to work independently, and hence could demonstrate little in terms of accountability.

Nevertheless, the corporate culture is seen as extremely important in the company. Corporate culture extends both to customers and employees themselves. One of its core values is "fun." Employees and customers alike are to enjoy the experience of their association with the company. While having fun, the mission of the company is not only to make a profit, but also to improve life for those in poor communities in providing them with safe, clean, and reliable electricity.

Even after the restructuring process, the importance of the organizational culture has not changed, although certain aspects have been addressed in order to improve the value of the company. The main change in this case was a greater sense of discipline and accountability for employees. This however does not include the value of fun from the company. Other values that remain is the core culture of winning, and the drive to succeed by outperforming other companies.

The change towards more discipline and accountability was necessary because of the rapid growth and decentralized structure of the company. The increase of employee numbers from a couple of thousand to hundreds of thousands made it difficult, especially for the small number of head office employees, to effectively manage everybody. The new system is not to detract from the fun, but rather to add to the culture of winning. While restructuring was no "fun," the ultimate effect contributes to a greater sense of responsibility and winning, which does ultimately translate to fun.

2) the organizational structure at AES, before the restructuring process, was based upon a loose, entrepreneurial management style. This structure worked well in concomitance with the company's growth strategy during the 1990s: an aggressive strategy that focused on buying and building as many as possible power plants in South American and Europe. The result was $33 billion in assets, 28 countries, and five continents. The sheer size of the company, along with its rapid growth, created a problem at the core level.

The main problem was that the structure was highly decentralized, and the problem occurred in terms of decision making. Decisions involving billions of dollars were allowed on the ground in a variety of countries, including Argentina, Brazil and England. The decisions related to new projects, and therefore also often involved new employees and young managers. The problem is that the decision makers were often not sufficiently trained or experienced, and did not…… [read more]

Starbucks Coffee Term Paper

Term Paper  |  10 pages (2,713 words)
Style: APA  |  Bibliography Sources: 3


Globalization and International Business

The cultures in the age of globalization now cross each others path. Globalization has brought the cultures together where they take influence from each other. Yet some common element that is the like for American brands such as Starbucks, Pizza Hut, and Subway etc. dominates the taste buds of many a nations. American brands are at… [read more]

Customer Service in Business High Quality Term Paper

Term Paper  |  2 pages (653 words)
Bibliography Sources: 1+


Customer Service in Business high quality of the customer service is vital for the successful outcome of a business. Poor customer service generates unsatisfied customers that will terminate their contracts with the company, therefore considerably reducing the organization's revenues.

Undoubtedly, all organizations should place great emphasis on the quality of their customer service, but I believe that this is most important in sales businesses. A customer that purchases a product or service needs to be satisfied at three moments: prior to the purchase, during the purchase and after the purchase.

The philosophy that the customer is always right sits at the basis of high quality customer service and promotes the idea that organizations should always resolve the request of their clients, putting their needs first. However, I believe that the customer is not always right, and sometimes the team of professionals within the organization is more likely to make wiser decisions than the customer.

For instance, take the case of a team of developers and their client, a library administrator, who desires a new computer application, but he wants it to be done in C++. However, if the developers feel that JAVA would be a more appropriate and efficient choice, they should present this possibility to the client. Another example could be that of a man walking into a real estate agency, stating that he's got a wife, 4 children, a dog and 80.000$ and he wishes to purchase a 3 bedroom flat in the center of the city. Knowing this, the agency could present him with the opportunity of buying a house right outside the city, with more bedrooms and a yard just perfect for the children and the dog.

I believe that nowadays all organizations have acknowledged the importance of impeccable customer service and are conducting their businesses in this direction. However, due to numerous reasons, the result is not always a satisfied customer. And when I say numerous reasons, I refer to insufficient…… [read more]

Procter and Gamble Organization 2005 and Beyond Term Paper

Term Paper  |  5 pages (1,533 words)
Bibliography Sources: 1+


P&G: Organization 2005 and Beyond Procter & Gamble SWOT Analysis

1,349 Words (1,500 Max)

The intent of paper is to complete a SWOT analysis of Procter & Gamble as the corporation was fundamentally re-organized under the Organization 2005 initiative. As P&G was faltering significantly through this time period in both sales and new product introduction processes, Organization 2005 focused on… [read more]

Business Research the Issues of Data Term Paper

Term Paper  |  4 pages (1,875 words)
Style: MLA  |  Bibliography Sources: 2


¶ … Business Research

The Issues of Data in Business Research

The use of primary research methods to gain insights into consumer trust of online e-tailers, the ethical decision making styles and implications on career strategies of it professionals, and the implications of organizational climate on minimizing the turnover of it professionals are only a small sampling of the many… [read more]

Business Letter Dear Mentor Term Paper

Term Paper  |  2 pages (611 words)
Bibliography Sources: 2


Business Letter

Dear mentor

Thank you for all the support you have given me so far in attaining the final purpose, that of starting my own distance learning organization. As you already know, I will be meeting with a CEO and other high ranking officers of a company that invests in distance learning start-ups and I hope to be able to obtain a loan for my distance learning company. I have prepared my presentation, but I will like to take you a bit through it, just so as to ensure that I have been able to cover the most important points that need to be presented.

As I have previously mentioned, I will be meeting with the CEO, the CFO and the Budget Supervisory. Within the organizational scheme, the budget supervisory is important because he creates the first budget draft for the year and approves any budgetary changes with the CFO. He responds directly to the CFO who, in turn, responds to the CEO. From what I have heard, they generally have meetings at an officer level twice a week, on Monday and on Friday. On Monday they define the objectives and priorities for the week and on Friday they have a complete evaluation. I have placed my meeting on Thursday so that it can make their Friday meeting. The CEO is around 50 years old and know as a professional who has been CEO for a couple of other important companies. He doesn't really have a nose for start-ups and he prefers solid, already established companies. This is why I aim to have a presentation that will show him how viable my project is and why it can be so profitable.

Given my audience and the scope of my presentation, my main objective is to drive the presentation towards its financial profitability. However, in…… [read more]

Probability Is Used in Business. Probability Theory Term Paper

Term Paper  |  3 pages (773 words)
Bibliography Sources: 0


¶ … probability is used in business.

Probability theory can be used in various business applications which include calculation of risks; evaluation of long time financial gains or loses on the bases of processed data series. In many respects business applications of probability theory are limited to evaluation of "probabilities of possible profits and profit amounts." Probability theory is a powerful tool used for setting interest rates for evaluation of insurance programs, etc. When a specialist makes an insurance plan he has to calculate the cost of life insurance which is based on a reasonable expectation of a number of deaths from the total number of policy holders, evaluation of this probability is very important for further cost policies and possible revenue forecasts. The same calculations are done in different spheres of economy where the possibility of high risks is included, for example for stock market.

Probability analysis is also used in business decision making, when there is uncertainty in situation which requires analysis of data for making a serious decision. In many respects stock market analysis is done on the probability research; modeling of business processes is made on the base of probability processes and is often used for evaluation of efficiency of continuous services (conveyor production; car washing services, fast foods, or other services which assume presence of a line of customers).

Probability applications in business help to understand market behavior, season fluctuations of prices and economic risks.

2. Conduct a literature and internet search and in a paper of between 200 and 300 words, describe the relative usefulness of probability distributions on business today. In your discussion, explain how such statistical devices can aid the businessman in making sound business decisions.

The use of probability and statistics methods in different areas of business is very important. These numerical methods of data analysis can give the most detailed characteristics of data series, outlining the most problematic sides of businesses. Probability distributions describe all values of which random variable can take and the probability associated with each value. Such functions can be used for the analysis of a number of business processes: customer distribution in sales of specific products, season distribution of sales, daily distribution of client load on restaurant, supermarket or services center. Even though that distribution of random economic values can have different…… [read more]

Syringe in My Pepsi Can! The Crisis Case Study

Case Study  |  5 pages (2,051 words)
Style: APA  |  Bibliography Sources: 1


¶ … syringe in my Pepsi Can!

The crisis that PepsiCo had to handle in 1993 was a very difficult one because it implied both reality and perception as communication consultant Steven Fink stated. Thus, on the one hand, the U.S. corporation received a blow in its image as a health and safety promoter because of the various and dangerous… [read more]

Business Managing Profitable Customer Relationships One Concept Term Paper

Term Paper  |  1 pages (327 words)
Bibliography Sources: 0



Managing Profitable Customer Relationships

One concept I think I will be able to use quite effectively is managing profitable customer relationships. I believe many businesses today seem to forget about what really keeps them in business - the consumer, and it shows in attitude, customer service, and many other areas of business. Customer value and customer satisfaction are key areas for a business to excel at, and I hope to take some of those concepts into my professional life.

It is also vital to understand what the consumer wants and needs, and I have learned how to evaluate consumers and their needs, which I think is a fundamental tool for marketing. People seem to forget that even the best customer service will not bring people back to your business if you don't have the products and services they want or need. Combining good products with excellent customer service is one way to ensure customer satisfaction and customer return, so those tools will…… [read more]

Global Business the Companies Term Paper

Term Paper  |  1 pages (326 words)
Style: MLA  |  Bibliography Sources: 2


Global Business

The companies will need to have a careful employee selection process that will provide the individual best suited for the job. In this sense, a test and interview will check variables such as capability to work in a multicultural environment, adaptability to different cultures, capacity to learn new languages (a specific linguistic test can be useful in this case) etc.

In order to prepare the future expatriates in Japan for the business and social life their, seminars and courses, either with Japanese individuals or other foreigners who have successfully moved and integrated in the Japanese way of life, will be useful. In these courses, learning the business etiquette is essential. For example, the future employee in Japan will need to know what to do when exchanging a business card (spend a couple of moments reading the information on it), how to greet (different levels of bows etc.), how to relate to a Japanese business partner etc. Even more practical things, such…… [read more]

Business Policy Analysis Case Study

Case Study  |  10 pages (2,837 words)
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Business Policy Case Study Analysis

Key events Matsu*****a

The first key event for Matsu*****a was its breakthrough in the Japanese market in the early 1960s with a broad product line and 25,000 shopping points.

One other key event around the same period was the trade liberalization that translated into the company's first internationalization attempts. This process was particularly hard for… [read more]

Hostile Take Over the Modern Business Nightmare Term Paper

Term Paper  |  24 pages (6,689 words)
Bibliography Sources: 1+


Hostile Takeover -- the modern business nightmare

Globalization means many fundamental changes to business practices around the world. Culture plays a significant role in defining standard business practices in a particular area of the world. As the world becomes more integrated, many businesses find themselves exposed to practices that are foreign to their culture. One of these business practices that… [read more]

Initial Public Offerings Term Paper

Term Paper  |  4 pages (1,447 words)
Style: Chicago  |  Bibliography Sources: 4


¶ … Public Offerings

Morningstar's & Google's model of raising capital through online auctions- should it be followed by a Corporation?

Morningstar's announcement of taking the online auction route to raise capital in its Initial Public Offering - IPO didn't raise any eyebrows since Morningstar has a long record as being vigilant for the individual investor. Under a normal IPO… [read more]

Lenovo and HP Websites Comparing Two Business Term Paper

Term Paper  |  9 pages (2,881 words)
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¶ … Lenovo and HP Websites

Comparing Two Business Websites

The intent of this document is to review the e-business models, channel utilities and conflicts, security strategies, payment processes and initiatives to instill trust in the Hewlett-Packard and Lenovo websites. Each of these websites sort a product customization strategy that includes build-to-order of laptops, personal computers and servers, in addition… [read more]

Cross-Cultural Communications Cross-Cultural Business Negotiations: A Chapter Term Paper

Term Paper  |  6 pages (1,779 words)
Bibliography Sources: 1


Cross-Cultural Communications

Cross-Cultural Business Negotiations: A Chapter-by-Chapter Review

Cross-Cultural Business Negotiations

In chapter's one and two, the authors Hendon, Hendon & Herbig (1999) provide an overview of what they refer to as the "art" of negotiations, suggesting negotiations are the essence of communications and have been carried out since the time of early Romans. Negotiation as an art form is… [read more]

Information Technology to Transform a Company Term Paper

Term Paper  |  6 pages (2,228 words)
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Information Technology to Transform a Company

Transform Company

Before going into the factors that are holding back Teltron from growth, it is worthwhile to have a brief introduction in the realm of Telecom Expense Management --TEM on which this Case Study is based. Spiraling growth in telecom services, features, and vendors along with the deregulation in the telecom industry have… [read more]

Philosophy (Modernism) in the Age Term Paper

Term Paper  |  2 pages (561 words)
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Philosophy (Modernism)

In the age of modernism, which occurred after the Second World War, there occurred an increase in migration among people who were the direct casualties of war, particularly nations in Eastern Europe. This mass migration created sub-cultures in the American society, and acculturation happened among immigrants. Ultimately, this mass migration phenomenon led to the development of a multicultural society in the West, making the United States 'possesses' a special mandate over nations who have sought rehabilitation aid (military and financial aid) from the country. As a result of this mass migration, U.S. became superpower after World War II, giving it the political, financial and even military mandate to provide aid to countries experiencing the effects of World War II, as well as the Cold War. Thus, through the Modernist Project, America helped create and establish the United Nations, World Bank and International Monetary Fund (IMF). In effect, the mass migration in America allowed it to be a superpower and promote the American propaganda that is the Modernist Project.

As a response to the increased development in technologies during the age of modernism, the proliferation of film as an art form developed to become a medium of expression because of the increased clamor for the experience called "persistence of vision." This experience was developed out of the potential that photography held for its audience, wherein the public realized the potential for real events to be recorded at a continuous pace with the help of film and photography. As a result of increased development in technology, and the growth of mass media and popular culture, photography became a continuous art, and later developed as a mass medium, after the emergence…… [read more]

IBM International Business Machines Term Paper

Term Paper  |  10 pages (2,542 words)
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International Business Machines

International Business Machines Corporation (IBM) is one of the largest and well-known enterprises worldwide. The company's success is based on its tradition, innovation capabilities, and high quality products and services. Ever since IBM's establishment in 1911, the company led the way in the technological area, as well as in the strategic area. IBM became one of… [read more]

Business Law Discuss the Doctrine of Promissory Term Paper

Term Paper  |  3 pages (1,088 words)
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Business Law

Discuss the doctrine of promissory estopple and how it might apply in a business setting. Provide an example.

Promissory estoppel is the doctrine by which a technically non-contractual promise may be made legally enforceable to avoid an injustice, because one party has relied on the promise of the other party in a way that would make it unfair for the courts not to enforce the original agreement. For example, "promissory estoppel is used to enforce charitable gift pledges where the charity relies on them" (Wick, 2007). Technically, in a contract something of value must be exchanged, but if a business promises to make a charitable donation to an organization and then reneges upon the problem in a way that will cause undue harm to the charity, the doctrine might be enforced.

The person who has been harmed must have "reasonably relied on the promise and will suffer a loss if the promise is broken" ("Estopple," 2007. Nolo.com). "For example, Forrest tells Antonio to go ahead and buy a boat without a motor, because he will sell Antonio an old boat motor at a very reasonable price. If Antonio relies on Forrest's promise and buys the motorless boat, Forrest cannot then deny his promise to sell Antonio the motor at the agreed-upon price" ("Estopple," 2007, Nolo.com). Another example might be a contractor who promises to install new gutters on a home. The homeowner purchases the new gutters, but the handyman never comes back, having found more lucrative jobs. The handyman point out nothing of value was exchanged, as he never requested payment for his services, but the homeowner has still suffered hardship, namely the cost of the now-useless gutters he cannot install, as the result of the handyman reneging on the non-contractual agreement.


Discuss how Title VII has impacted employment practices and what managers and organization must do to prevent liability.

Title VII prohibits employment discrimination based upon a person's race, color, religion, sex and national origin. This means, that when seeking a person to fill a new position, a prospective candidate's membership in any of these identity categories cannot be a consideration in hiring, unless it is contingent for the job. An example of an exception might be the need of an acting company to hire a female to play a female role. To avoid liability it is best that employers word their advertisements carefully, so that they do not seem to exclude persons based upon their unalterable personal qualities, or include personal factors unnecessary for the job. It is also wise for employers to specify that they are EEOC (Equal Employment Opportunity Commission) employers. Finally, if an organization seems to have a disproportionately low number of disadvantaged groups, given its location and industry, this may arouse a legal red flag.

Title VII also affects promotional opportunities within an organization. Again, if disadvantaged groups seem to be relegated to the lower levels of the organizational hierarchy; this may suggest a pattern of discrimination. Also, to be in… [read more]

China Cultural Review Term Paper

Term Paper  |  4 pages (1,888 words)
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CHINA-Cultural Review

Touching upon the delicate issue of cultural discrepancies, Geert Hofstede (2003) has stated:" Culture is more often a source of conflict than of synergy. Cultural differences are a nuisance at best and often a disaster." In order to emphasize the gap among cultures, the Dutch researcher has identified five cultural dimensions: power distance index (PDI), individualism (IDV), masculinity… [read more]

Corporate Veil Businesses That Are Incorporated Typically Term Paper

Term Paper  |  1 pages (320 words)
Bibliography Sources: 2


Corporate Veil

Businesses that are incorporated typically shield principals of the corporation from being held personally responsibility for the debts and liabilities of the corporation. However, under special circumstances, those to whom the corporation is liable will attempt to "pierce the corporate veil," the legal term used to describe an action to have the corporation set aside for purposes of the litigation such that personal liability attaches, and personal assets can be reached (Larson, 2004). The facts and circumstances that may result in a piercing of the corporate view depend upon state law (Lawson, 2004), but generally the plaintiff has to prove that the corporation was set up to either perpetrate a fraud, or show that the incorporation was merely a formality and that the corporation never held proper shareholder meetings to distribute profits as dividends (Piercing the corporate veil).

Factors courts take into consideration to determine if a corporation is legitimate may include (Piercing the corporate veil):

Grossly undercapitalization…… [read more]