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Competitive Advantage and International Business Essay

Essay  |  6 pages (2,209 words)
Bibliography Sources: 9

SAMPLE TEXT:

A good example of the clusers is the movie industry in Hollywood, the automotive industry in Detroit and biotechnology in Boston. This means that the company needs to find the right geographical area to invest in order to benefit. There are many reasons why these clusters arise such as availability of resources such as minerals, soil, port facilities, favorable weather,… [read more]


Mcdonald's Corporation Business Analysis SWOT

SWOT  |  6 pages (1,828 words)
Bibliography Sources: 4

SAMPLE TEXT:

Thus, in 2007 McDonald's changed to coffee supplies that have certification from Rainforest Alliance as a way of supporting environment principles. McDonald's has also gotten Repak membership, and it is presently a leading company in waste management. The company has vehicles that patrol and collect litter in areas it operates.

The company also operates its business in an ethical manner. The company believes that sound ethical practices create good business. Accordingly, the company carries out its business in fairness, honesty and integrity, and upholds high standards. This has allowed the company to attract and keep competent employees.

McDonald's tries to assist the local community by getting involved in corporate social responsibility. To this end, the company has a strong principle of giving back to the community; this goal has always set McDonald's apart from its prime competitors. The company has kept that principle to date and it has several charities that the company contributes to including the Ronald McDonald's children home (McDonald website, 2012).

Conclusion

Market analysis in important in improving and ensuring the success of a company, in this market analysis, we have used SWOT analysis to analysis the performance of McDonald's. Accordingly, we have established that McDonald's has continued to succeed because of its strong financial base, good and high quality products and its expansive distribution channels, good location, and good customer orientation are some of the strong points of the company. However, McDonald's faces challenges in ensuring that all its outlets offer similar high quality services. Government policies in various countries continue to pose as a threat in McDonalds's globalization efforts. Nevertheless, McDonald's has continued to do well in its business and it is a good company in which to invest in, because its future remains bright.

References

Anthony C. (1998): SWOT Analysis; An explanation of the S.W.O.T. Analysis process; New

York; Macmillan Press

Grant, R.M. (2005): Contemporary Strategy Analysis; Blackwell Publishing Ltd., Oxford (U.K.)

Hoover's (2012). McDonald's.…… [read more]


International Business the Nokia Corporations Term Paper

Term Paper  |  5 pages (1,504 words)
Bibliography Sources: 10

SAMPLE TEXT:

International Business

The Nokia Corporations is one of the largest and most successful enterprises globally, and an undisputable leader of the mobile telephone industry sector. The Finnish company was established in 1865 and has, since then, created its success by basing its operations on development, innovation and global presence. Also, an important component in the success of the firm has… [read more]


Business Plan for Organic Fertilizer Business Plan

Business Plan  |  8 pages (3,068 words)
Bibliography Sources: 8

SAMPLE TEXT:

Business Plan for Organic Fertilizer

Business Plan for an Organic Fertilizer Company

A company in this day and age should be environmentally aware and take steps to protect the planet. One of the best ways to do this is to engage in local business practices that follow organic principles. At the same time, the business needs to make a profit… [read more]


Sustainable Business Development Research Paper

Research Paper  |  4 pages (1,162 words)
Bibliography Sources: 4

SAMPLE TEXT:

Sustainable Business Development

In the last years, the business world has developed in a manner that triggered a shift in the business philosophy of many companies. The shift was reflected in a nuanced approach on the main objective of any corporation (maximizing profits) towards maximizing profits with a keen outlook on the effect of the company activity on society, on the community, on the environment etc. This meant that the company became an entity much closer linked and submersed in the environment (social, human or natural) that it was part of than before, where all actions of the company would be judged and evaluated against a strict set of conditions and whose behavior would reflect in the overall activity and profits.

This paper aims to examine the presence of sustainable business societal philosophies and practices in the organization, while looking at the different factors that played a role in shifting philosophies within organizations from the distinct, isolated profit-making perspective and towards a more concerned approach towards the environment (human or natural) in which the company developed its business. The paper would also aim to examine how stakeholders began to evaluate the performance of the company not only based on the economic or financial performance of the firm, but also on its societal dimension of sustainable business.

Against this background, there are several internal and external factors that are worth analyzing and that had the most important impact on the mentioned shift. An important external factor was the consumers, who became much more aware and interested on the nature of the products or services they were using. This meant that, upon a purchase, the consumer would be interested to learn more about where the product was made and under what conditions. The way the product was made, including the conditions the workers worked in or the impact on the environment. Price was no longer the most important element in the purchasing decision making process. Consumers understood that, eventually, a negative impact on the human or natural environment would negatively impact them as well, in the end.

Another important external factor that played a role in businesses changing their philosophy and approach and shifting towards sustainable development was the regulations and regulatory frameworks that governments began to introduce. Again, this was done because of a significant wave of pressure from consumers and from the society. From a moment onwards, there was a distinct set of sustainable norms that companies needed to abide by in order to function properly and lawfully. This external factor played a tremendous role in reforming the companies' philosophy, including because these entities could not simply adopt regulations and practices without changing the mentality and philosophy according to which they functioned.

Looking at the social dimension of sustainable business development, there are several elements worth mentioning. First, of all the different dimensions of sustainability, this is the most difficult to capture, mainly because of its qualitative nature and the lack of a set of criteria that would determine what… [read more]


Computer Information System Business Proposal

Business Proposal  |  4 pages (1,160 words)
Bibliography Sources: 6

SAMPLE TEXT:

¶ … global economy or internationalization has changed the use of information systems by businesses.

There are many ways the global economy and internationalization has changed the use of information systems. The most significant continues to be in the development and extending of supply chains globally, throughout both manufacturing and services industries (Mihm, 56, 57). International business and internationalization has made supply chain performance critical from not only an accuracy perspective but one of making the most of time and efficiency as well. A second major way that the global economy and internationalization is changing the way information systems are used is in creating global manufacturing networks (Monroy, Arto, 314). Aerospace manufacturers rely on these global manufacturing networks to gain access to the highly specialized parts and supplies they need to produce aircraft and spacecraft. A third aspect of how the global economy is changing the use information systems in businesses is the reliance on cloud computing. Yahoo Mail, Salesforce.com and other online applications delivered over the cloud computing are revolutionizing businesses globally today.

2. Briefly describe the currently most reliable technique that is used to correctly structure a database, i.e. organize its tables and data fields and relationships.

Of the many techniques available for correctly structuring a database, the Structured Query Language (SQL) technologies and techniques are the most effective, and most scalable across various operating systems. SQL also supports comparable query commands across many different software company's implementations as well. The oracle SQL format is comparable to IBM for example, and the core concepts are easily transferred across each of these vendors' products. SQL-based databases are also the basis of many of the e-commerce sites that are used globally including Amazon.com, BestBuy.com and many of the airlines websites.

3. If your company were to engage in B2B ecommerce, what are the top three (3) benefits that you would gain and the top three (3) problems that you would expect to encounter in doing this?

The top three benefits of engaging in B2B e-commerce are many. The first is the ability to be more responsive and deliver greater levels of service to customers. The second benefit is the delivery of price and availability on major orders B2B customers have already placed, anytime the customer chooses to check status, 24 hours a day, seven days a week (Chong, Shafaghi, Woollaston, Lui, 310). The third major benefit is the ability to sell more add-on products and services by integrating a guided selling or product configuration system onto a B2B e-commerce website to guide customers to ancillary and related products. The three major problems of selling on a B2B e-commerce website include channel conflict with other reseller and channel partners (Standifer, Wall Jr., 67), the costs of the enterprise systems to support e-commerce transactions online, often including order capture and transaction engines. A third problem is the costs associated with running a B2B e-commerce website over time, as they often have product catalogs, pricing applications, and ordering applications that need to be… [read more]


Brick and Mortar to Ecommerce Business Plan Business Plan

Business Plan  |  2 pages (685 words)
Style: APA  |  Bibliography Sources: 2

SAMPLE TEXT:

Ecommerce Business Plan

Mary's Gourmet Baskets online store will offer the same gourmet gift and picnic baskets as her brick-and-mortar business where success has hinged on serving upscale consumers who are will to pay more for trendy, high quality merchandise and first-rate customer service. Likewise, Mary will charge the same prices for her online goods as she does in her stores. She expects to generate at least one million dollars in annual sales as this is the average revenue from operating a mail order business for gift baskets (Fullbright). Profits for mail order and brick-and-mortar stores are typically 22% of sales (Fullbright, but Mary anticipates even higher margins because of the reduced overhead that comes from online operations.

Although the ubiquity of the Web facilitates word-wide reach, Mary will initially focus on the U.S. market due to high overseas shipping costs as well as cultural and legal differences in local international markets. She will charge customers for shipping and expects the high price points of overseas shipping will deter these customers. The two wealthiest groups of consumers 'Affluent' and 'High Worth' who Mary will target on her Web site have grown in number by an almost quarter across the U.S. since the year 2000 and now total more than 44.9 million consumers (Innovation in gourmet and specialty food and drinks: Market evolution and NPD in super-premium and healthy products, 2006), providing Mary's business with ample market opportunity. Online buying is particularly attractive to these wealthy consumers who seek the convenience of shopping when and where they want.

Mary understands that her market is highly competitive and that there are literally hundreds of gourmet gift basket sellers online (Cox). Still, Mary believes that she can differentiate her business by offering only the highest quality products and outstanding customer service. For instance, she will allow her customers to assemble their own custom baskets and will offer gift cards appropriate for specific holidays or occasions. Further, unlike many competitive sites, she will facilitate the customer's ability to track the status of their order and will…… [read more]


Building an Ecommerce Business Term Paper

Term Paper  |  10 pages (3,920 words)
Bibliography Sources: 1+

SAMPLE TEXT:

Building an E-Commerce Business

It is important that all vehicle owners get wheels that are liked by them, at the lowest possible and within the fastest possible period. It is not enough that wheels function well as probably most wheels in the market now present do, but it is important that buyers check out how the wheels will look on… [read more]


International Business: Nike Corporation Term Paper

Term Paper  |  6 pages (1,571 words)
Bibliography Sources: 1+

SAMPLE TEXT:

VIII. Competitors:

Nike Corporations Top Competitors are LaCrosse Footwear, Inc., Brown Shoe Company, Inc. And Candie's, Inc.

IX. Future Outlook:

Nike Corporation has reported a record in future sales for the company for the first quarter of 2005.

Recommendations:

It is vital that Nike Corporation continue to make progress in reference to working conditions in the third-world country manufacturing plants as well as adjusting the labor costs to a range that is "fair" for the individuals employed by the Corporation. Nike shoes are traditional and are still the number one athletic shoe which, barring any disastrous public relations or business decisions on the part of Nike Corporation will likely be number one in the industry for some time to come.

Bibliography:

Nike Reports First Quarter Earnings Per Share up 23%; Worldwide futures orders increase 9.9% (2005) Jan Press Release for Immediate Release [Online] available at:: //www.nike.com/nikebiz/invest/pdf/q105.pdf

Catherine Colbert (2005) Nike Inc. Hoovers [Online] available at: http://www.hoovers.com/nike/--ID__14254 -- /free-co-factsheet.xhtml

Kasky V. Nike: Just the Facts (2004) Reclaim Democracy Website [Online]

available at: http://reclaimdemocracy.org/nike/kasky _nike_justfacts.html

2004 Nike Corporation Annual Report (2004) available [Online] at: http://www.nike.com/nikebiz/invest/reports/ar_04/NIKE_2004_Annual_Report.pdf

2005 First Quarter Earning: Nike Reports First Quarter Earnings Per share up 23% Worldwide Future Orders Increase 9.9% http://www. nike.com/nikebiz/invest / reports/ar_04/NIKE_2 004_Annual_Report.pdf

Kasky v. Nike: Just the Facts (2004) Reclaim Democracy available [Online] at: http://reclaimdemocracy.org/nike/kasky_nike_justfacts.html

Reports by the Fair Labor Association (2004) available [Online] at: http://www.nike.com/nikebiz/nikebiz.jhtml?page=29& item=flareports

Nike Corporation Website [Online] available at: http://www.nichols.edu/faculty/jowilliams/Student%20work/Nike%20Corporation.htm

2004 Nike Corporation Annual Report (2004) available [Online] at: http://www.nike.com/nikebiz/invest/reports/ar_04/NIKE_2004_Annual_Report.pdf

2005 First Quarter Earning: Nike Reports First Quarter Earnings Per share up 23% Worldwide Future Orders Increase 9.9%…… [read more]


International Business Machines Corporation Term Paper

Term Paper  |  5 pages (2,023 words)
Bibliography Sources: 1+

SAMPLE TEXT:

It is their responsibility to instill IBM's pride, motivation and clear perception and to inculcate a strong sense of responsibility in the entire workforce. IBM offers group life insurance (1934), survivor benefits (1935) and paid vacations (1936) to its employees and officers.

Moreover, the Executive Compensation and Management Resources Committee is also governed by the board of directors and cannot decide on any matter independently without the consent of the board. (Report on Executive Compensation)

Part III: Financial Status of International Business Machines Corporation

According to the IBM Archives, the top management at the International Business Machines Corporation held stockholder's meetings in the year 2002 in the states of Louisville, Kentucky on Tuesday, April 30. In these meetings, the board of directors approved a total of seven- percent augmentation "of regular quarterly cash dividends" (IBM News). According to the JPMorgan Fleming American Investment Trust plc, the following percentage holdings of IBM rate as one of the largest holdings among giants like Pfizer, Microsoft, Citigroup, General Electric, AIG and Verizon.

On 28 February 2003, it had 2.10% of the total holdings

On 31 Jan 2003, it had 2% of the total holdings

On 31 December 2002, it enjoyed 1.9% of the total holdings

On 31 Oct 2002, it had 1.9% of the total holdings

On 31 August 2002, it had 1.80% of the total holdings

On 31 July 2002, IBM had 1.70% of the total holdings

Thus the holdings of IBM kept decreasing until March 31, 2002 when the reports showed its holdings to be 2% of the total holdings in the United States industry. Hence from the above figures, it is evident that though there was marked reduction in the company's holdings, the year 2003 is expected to reap more benefits for the corporation. However, the holdings of IBM as recorded on 31 October 2001 were 2.30%, much higher than to date. Moreover, the revenue data from the 2002-year-end from continuing operations reveals the following valuable information pertaining to the financial status of IBM:

81.2 billion Net income

$5.3 billion Total assets

$96.5 billion Number of employees

315,889 Stockholders of record" (IBM News)

Conclusion

Hence from the above discussion, it is evident that IBM along with other names like Microsoft and Pfizer is basically responsible for the entire process of automation in all kinds of offices and at all levels as is suggested by Jupitermedia Corporation. Analyzing the financial status as well as the contribution of its founders, executives and officers and considering the corporate history of IBM, it is evident that this corporation still has a long way to go and has a bright future.

Works Cited

International Business Machines Corporation (IBM). Issued by IBM in 1969-1973. Retrieved from IBM Archives (Business Magazine) and Scripophily. com Old Stock Certificate Superstore- The Gift of History.

Black E. "IBM and the holocaust: The Strategic Alliance between Nazi Germany and America's most powerful corporation." Crown Publishers, February 12, 2001, ISBN: 0609607995.

Hirsh M. Dark Questions for IBM., Newsweek, 02-19-2001, pp. 38.

IBM… [read more]


United Airlines Term Paper

Term Paper  |  7 pages (2,508 words)
Bibliography Sources: 10

SAMPLE TEXT:

¶ … information technology help a company in competing with its rivals. It focuses on United Airlines and discusses its performance in the field of competition. The paper also discusses Porter's model of five forces according to the situation of the company and the industry. The paper also emphasizes on various systems and their applicability on the company. In the… [read more]


Featuring an Analysis Research Paper

Research Paper  |  13 pages (3,772 words)
Bibliography Sources: 1+

SAMPLE TEXT:

In addition, a large proportion of the firm's products come from coffee, and other beverages. This suggests that with the rising prices of coffee bean, the company takes advantage and increases the consumer products. In so doing, the competitors have realized this weakness. For instance, McDonald and Dunkin Donuts, who are the main competitors, have used this weakness to their… [read more]


Online Business Expansion Plan: Hot Research Paper

Research Paper  |  14 pages (5,114 words)
Style: APA  |  Bibliography Sources: 14

SAMPLE TEXT:

If customers cannot be properly reached, or if the message that gets to them is not clear or appropriate for the target audience, the company may find that it is not getting orders and bringing in new customers (Allison & Kaye, 2005). It may not actually understand why this is taking place, which is a serious concern when it comes… [read more]


E-Commerce How Do Business-Oriented Networks Questionnaire

Questionnaire  |  2 pages (746 words)
Bibliography Sources: 2

SAMPLE TEXT:

Experience management team is likely to avoid errors that could otherwise cripple the operations of the business organization much further (Doughty, 2001).

3. In Chapter 10 read the Opening Case on pages 514-515 and answer the following questions:

a) What sort of micropayment system should it use in order to run this business profitably?

Closed-loop systems/account-based systems or product. Under such a system, consumers of online products are expected to open an account with the online-based company that facilitates exchange of products and services between the consumer and the business organization. Some effective plans allow the consumer to make purchases to a given total before cumulative deduction is done. On the other hand, other effective plans operate on the prepaid basis. Such options are viable to such a business (Bidgoli, 2002).

b) What types of business and legal issues would it encounter in this business?

The business may not make economic sense in the end as some consumers may decide to share or redistribute the products acquired to others. This may be done freely or at a lower cost. For example, a single consumer may access a whole book or part of the book and redistribute it to others in the iTunes or e-books (Bidgoli, 2002). It is like that infringement of patent rights and the number of infringement lawsuits are may rise.

c) Besides the book and music business, describe some other online business where micropayments are or would be critical to success.

Micropayments are equally critical for the success of businesses dealing with the sale of online games and software. The penetration of ICT and more so internet-enabled devices has seen the demand of software skyrocketing. The challenging that has faced developers of software application is on how to sell their products to consumers located at diverse location across the globe. However, with the advent of online micropayment systems such as PayPal, which allow transactions of less than $12 to take place, the challenges are being eradicated.

References

Bidgoli, H. (2002). Electronic Commerce: Principles and Practice. New York: Academic Press.

Doughty, K. (2001). Business Continuity Planning: Protecting Your Organization's Life. Sydney: Auerbach Publishers.

Wang, K., & George, K.L. (2006). Knowledge Enterprise: Intelligent…… [read more]


Business-Level and Corporate-Level Strategies: Nestle Research Paper

Research Paper  |  6 pages (1,913 words)
Bibliography Sources: 4

SAMPLE TEXT:

In order to maintain its market share and customer base, Nestle has to consider all these competitive environmental forces while designing and implementing its strategies. On the whole, Nestle is more competitive in its differentiation strategy while Unilever has achieved cost leadership in most of its product categories.

Performance in the Slow-Cycle and Fast Cycle Markets

Nestle and Unilever are equally competitive firms in the foods, beverages, and personal care products manufacturing industry. They possess strong financial position, brand loyalty, and large customer base which can help them survive and compete in all types of market conditions. The cost leadership strategy of Unilever can give it a competitive advantage in both slow cycle and fast cycle markets (Paley, 2006). On the other hand, the differentiation strategy of Nestle cannot give useful results in the slow cycle market situation. Reason being, consumers tend to expend less amount on their favorite products when there are tight market conditions or slow competitive efforts by the key industry participants (Kotler, Brown, Burton, Deans, & Armstrong, 2010).

Unilever can take advantage from its highly efficient manufacturing capabilities in order to maintain its low cost leadership whereas Nestle can survive if it succeeds in persuading its potential consumers to prefer its products which are unique, innovative, and of the best quality. The fast paced environment can pose some additional threats to both these manufacturers by requiring them to react faster and more cautiously to the rapidly changing consumer demands, industry patterns, supply and demand conditions, and strategic investments by other industry participants (Gitman & McDaniel, 2009).

References

Blythe, J., & Megicks, P. (2010). Marketing Planning: Strategy, Environment and Context, 3rd Edition. U.K: Prentice Hall

Ellwood, I. (2002). The essential brand book: over 100 techniques to increase brand value. 2nd Edition. London: Kogan Page

Gitman, L.J. & McDaniel, C.D. (2009). The Future of Business: the Essentials, 4th Edition. Mason, OH: South-Western Cengage Learning

Hill, C.W., & Jones, G.R. (2012). Strategic Management Theory, 10th Edition. Mason, OH: South-Western, Cengage Learning

Hitt, M.A., Ireland, R.D., & Hoskisson, R.E. (2013). Strategic Management: Competitiveness & Globalization - Concepts, 10th Edition. Mason, OH: South-Western Cengage Learning

Kotler, P., Brown, L., Burton, S., Deans, K., & Armstrong, G. (2010). Marketing, 8th Edition. U.S.: Prentice-Hall

Nestle, (2012). About Us. Retrieved on May 26th, 2013, from

Nestle, (2012). Creating Shared Value. Retrieved on May 26th, 2013, from

Nestle, (2012). Compliance. Retrieved on May 26th, 2013, from

Paley, N.…… [read more]


Multinational Corporation Expansion Wal-Mart Essay

Essay  |  6 pages (2,537 words)
Bibliography Sources: 3

SAMPLE TEXT:

The flexible monetary system will make the new Wal-Mart store to be opened in Australia to do well, because the value of money will be determined by the market forces. In this case, there will be few incidences where individuals or powerful businesses determined the value of the Australian dollar vs. The American dollar. This form of monetary exchange system… [read more]


Business and Society Social Performance KG Term Paper

Term Paper  |  4 pages (1,467 words)
Bibliography Sources: 4

SAMPLE TEXT:

Business and Society: Social Performance

Primary stakeholders refer to a group or people that engage in economic transactions, with a business firm as it carries out its daily business activities of providing the society with goods or services. These primary stakeholders engage in a unique relationship with the firm, or a two-way exchange. These people comprise the customers, employees, suppliers,… [read more]


Business Plan for an Imaginary Software Company Business Plan

Business Plan  |  16 pages (5,030 words)
Bibliography Sources: 16

SAMPLE TEXT:

¶ … business plan for an imaginary software company, Techno soft which aims to enter South Asian market as a part of its international business expansion strategy. The paper is divided into different sections. The first section presents an ample introduction to the company; its location, products, mission, vision, and strategy, the source of competitive advantage, and the nature of… [read more]


Environmental Issues, Business Ethics Research Paper

Research Paper  |  10 pages (2,756 words)
Style: APA  |  Bibliography Sources: 5

SAMPLE TEXT:

In addition, Lebanon lacks analogous regulatory elements that uphold ethics programs. Companies in the region focus on their initiatives that contribute towards the long-term sustainability of the company.

Corporate integrity and ethics can also fall on this focus, but they hardly focused on it. The type of business here aims in moneymaking. The initiatives include good governance within the company… [read more]


Business America Is a Nation Term Paper

Term Paper  |  5 pages (1,350 words)
Bibliography Sources: 4

SAMPLE TEXT:

In relation to American business culture, the hierarchical chain of command surpasses individual relationships (Ball, Et al. 132- 146).

Furthermore, individual competence, professionalism, and responsibility for personal performance are significant in American business culture. For this reason, subordinate seek help from managers incase of complex cases. These are concepts that also contribute to extremely work ethic often faced in America. As opposed to some Asian countries, America is reluctant in supporting the development of personal relationships within business culture. In America, the general goal of business is to preserve a quality deal, thus, developing company relationships are of significant value. Americans are very clear in making distinctions between the workmates and friends in their daily life. In America, business meetings remain formal and minimum time is for nurturing social relationships (Law 145- 9).

Greetings / handshake

It is customary in America that meetings starts and ends with a concise and firm handshake. In addition, business people should maintain direct eye contact during the greetings or handshake in order to portray an aspect of sincerity, interest and confidence. In addition, the exchange of business cards is a normal affair in America and this does not require any rules or rituals in the course of the exchange. Business cards in American business environment are a resource for future information. This process of exchange takes place mostly during introductions or at the end of business deals (Ball, Et al. 132- 146).

In the process of making business negotiations, it is imperative to note that the main agenda of most business discussions is entering into a contractual agreement. Negotiations serve as moments of solving business problems based on shared benefits and individual strengths. For that reason, emphasis should focus on the financial position and power. Further, those conducting business in U.S. should also understand the significance of the set business rules and guidelines (Ball, Et al. 132- 146)

Finally, Hofstede dimensions play a significant role for most of the American businesses. The first dimensions that business persons should embrace is the Distance Power Index (DPI) dimension. This is relative to individual equality between groups of other persons. The second dimension covers the aspects of Individualism (IDV). Indication of high scores portrays a powerful sense of individual independence and accountability. The next Hofstede's cultural dimension is the Masculinity (MAS). This dimension covers two significant aspects. One of the aspects is gender sensitivity. According to this dimension, the values of women remain similar in all areas. Women are capable of conducting business like men and they should have equal opportunity (Ball, Et al. 132- 146).

On the other hand, this dimension demonstrated that the values of men vary. This is because men are assertive and portray competitive qualities. In this case, the dimension that constitutes the world averages is 50. This average is similar to Canada's world average. This clearly indicates that there exists comparative balance between female male qualities in this country. China reports 66, Australia (61), and USA (62). The fourth and dimension is… [read more]


Advise for Business Structure Essay

Essay  |  6 pages (1,613 words)
Style: Harvard  |  Bibliography Sources: 7

SAMPLE TEXT:

Business Structure

John and Fred are thinking about going into business together. To facilitate this, they need to first figure out how they would like to organize the business. The business is going to be related to their mutual hobby of picture framing. They plan to open a small shop in Surry Hills, where they can handle the retail side… [read more]


Export Business Plan: Moldovan Cellular Business Plan

Business Plan  |  15 pages (4,891 words)
Bibliography Sources: 5

SAMPLE TEXT:

As regards the cellular phone industry, conditions in Moldova seem to be promising: Because Moldova is a small country, telecommunications companies manage to achieve good coverage in both wired and wireless communications infrastructure. Landline is available in most settlements, but mobile phone usage is preferred and has grown exponentially particularly in recent years. Prices are high and technology is somewhat… [read more]


Harvard Business Case Analysis Essay

Essay  |  6 pages (1,962 words)
Bibliography Sources: 6

SAMPLE TEXT:

Appex Case Analysis

Summary of Significant Problems and Issues

Appex Corporation has experienced hyper growth as a result of favorable market dynamics in the management information systems and intercarrier network services industry for cellular telephone companies. The company founder and CEO, Brain Boyle, who was primarily a technologist, was not prepared or trained for the many leadership and organizational challenges… [read more]


Zara Marketing and E-Commerce Research Paper

Research Paper  |  5 pages (1,783 words)
Bibliography Sources: 5

SAMPLE TEXT:

Virtual stores can be visited unlimited number of times and items can be received either at home or a nearest store within 2-5 days. According to Lopez and Fan "Zara's vertical integration of design, just-in-time manufacturing, delivery and sales; flexible structure; low inventory rule; quick response policy and advanced information technology enable a quick response to customer's changing demands" (Lopez and Fan, 2009, p.281). Consumers can customize their products online and place an order which can receive by them in a very short period. Zara's new e-commerce growth strategy is perfect not only for the new markets but also for its loyal customers who know the brand, its quality and the comfortable fit that Zara has provided them for years.

References

Deatsch, K. (2012). "Zara will add home goods to its U.S. e-retail ensemble." Internet Retailer, Portal to E-Commerce Intelligence. Published Sept 28, 2012. Retrieved Dec 05, 2012.

http://www.internetretailer.com/2012/09/28/zara-will-add-home-goods-its-us-e-retail-ensemble

Dishman, L. (2011). "H&M and Zara Duke It Out for U.S. Online Sales While Urban Outfitters Moves on Face book." Forbes. Published Aug 31, 2011. Retrieved Dec 05, 2012.

http://www.forbes.com/sites/lydiadishman/2011/08/31/hm-and-zara-duke-it-out-for-u-s-online-sales-while-urban-outfitters-moves-on-facebook/

Jing Daily. (2012). "Zara Jumps On China's E-Commerce Bandwagon." The Business of Luxury and Culture in China. Published Sept 4, 2012. Retrieved Dec 05, 2012.

http://www.jingdaily.com/zara-jumps-on-mainland-china-e-commerce-bandwagon/20571/

Kenna, A. (2011). Zara Plays Catch-Up with Online Shoppers. Bloomberg Business-week Magazine. Published August 25, 2011. Retrieved Dec 05, 2012.

http://www.businessweek.com/magazine/zara-plays-catchup-with-online-shoppers-08252011.html

Lopez, C and Fan, Y. (2009). Internationalization of the Spanish Fashion Brand Zara. Journal of Fashion Marketing and Management. Brunel Business School, 13:2, 279-296.

Murphy, R. (2008), "Expansion Boosts Inditex Net," Women's Wear Daily, April 1

Zhenxiang, W and Lijie,…… [read more]


Impact of Big Data on Business Strategy Term Paper

Term Paper  |  20 pages (5,673 words)
Bibliography Sources: 18

SAMPLE TEXT:

¶ … Big Data on Business Strategy

Business Strategies

The competitive nature of today's business environment is driving companies to use technology driven business strategies (Berman & Hagan, 2006, p.28). Big Data and technology are undoubtedly impacting on business strategy progression. The research indicates that Big Data offers real-time application, which allows businesses to move information to analytics tools from… [read more]


Legal Structure of Business Case Study

Case Study  |  4 pages (1,397 words)
Bibliography Sources: 0

SAMPLE TEXT:

A franchisee who gets involved with McDonalds as a corporation still has risk. Corporations are not licenses to get away with anything and simply walk away free and clear when things go bad. For example, it generally costs between $500,000 and $750,000 to invest in and be awarded a franchise. McDonalds will not franchise to people (or corporations) that have no capital. If something goes wrong, the corporation (and thus the people or persons owning and operating it) could easily lose that money. If the corporation has other assets, they could also be taken and sold to pay off debt or satisfy the judgment of a lawsuit. However, the advantage that franchisees have when they open a franchise as a corporation is this: the liability is generally limited to the corporation. That means that personal assets like cars and homes are generally not able to be taken. The law is complicated and there may be some exceptions to this rule, but overall there is no real concern that a franchisee who owns his or her franchise as a corporation can be held personally liable if there is a problem with the franchise itself. Corporations do not protect their owners 100%, but they are often believed to be safer. Of course, they also cost more to operate.

The cost of incorporation can be quite high. Depending on the nature of the business, the legal requirements in a particular state, and other issues, thousands of dollars can be spent setting up a corporation. Then there is the matter of profit. With a sole proprietorship, the profit is all going to go to the person who owns the franchise. A partnership will see the profit split between partners. In a corporation, there may be many people who have to get paid. Running a corporation, especially if it is a larger one and/or experiencing growth, is a full-time job. It takes more than just a couple of people, and each one of those people has to get paid for what they do. That seriously cuts down on the profits that the franchisee will receive, but he or she might feel as though that is a fair trade-off for the protection afforded to him or her by the more complicated corporate structure.

In the end, all McDonalds franchisees, and franchisees of any other company have to decide what is best for them. If they have many assets they want to protect, and they do not want the liability risk of operating a business where things could go wrong on a serious and expensive level, then they should consider incorporating. The lower amount of profit they will receive is generally mitigated quite nicely by the fact that their personal assets are not at risk if there is a lawsuit against the franchise. Anyone considering opening up a McDonalds franchise would be wise to consult with a lawyer and discuss his or her options thoroughly. That way, the best and most logical decision for that person can… [read more]


Business as an Ethical Calling Term Paper

Term Paper  |  4 pages (1,383 words)
Bibliography Sources: 4

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One of the greatest sticking points for many companies is that of the ethics of employing workers in developing nations for low wages. Using lower-wage workers enables the company to sell products at a lower price point, making them more accessible to a wider range of American consumers. But critics contend that it is unfair for large, wealthy corporations to pay workers a pittance, while they make products for the first world which they could ill-afford to buy themselves. Large companies also do not necessarily invest in the infrastructure of the developing world nations out of which they operate. However, others believe that such labor can help workers. An example of a beneficial arrangement is the college sports apparel company Knights Apparel, which opened up an 'experimental' factory in the Dominican Republic which pays workers a living wage. "Paying the 120 workers the 'living wage' -- or $500 a month -- means the factory's cost will be $4.80 a T-shirt, 80 cents or 20% more than if it paid minimum wage. Knights will absorb a lower-than-usual profit margin, selling the shirts for $8 wholesale, with most retailers marking them up to $18" (Conor 2010). However, because Knights Apparel is a privately-held company, it does not have to answer to shareholders.

Ethical conduct can have an important role in 'branding' a company in a manner that can be salutary for the company's long-term future. Competing on the low-price model alone is not the only way to build a brand name. A good example of this is Whole Foods, a company which sells organic produce with no artificial ingredients. Although Whole Foods is priced at a higher price point than general supermarkets, it has still proven to be extremely popular. Whole Foods advertises that it is an ethical business, as well as offers ethical food. According to Whole Foods: "Our Whole Planet Foundation fights poverty through micro-lending in communities around the world that supply Whole Foods Market stores with products. We underwrite the administrative costs so every dollar donated goes directly to those who need it most" ("Community giving," Whole Foods, 2012). Its 'branding' of ethics is essential to its success -- else why would people pay more to shop at Whole Foods? Of course, the problem is that when Whole Foods has been criticized for its moral behavior, it looses more brand credibility than Wal-Mart or another organization that advertises itself primarily upon its price point.

The mission statement of Whole Foods and companies with a similar vision underlines the idea that the 'ethical' behavior of a firm must take into consideration the need to be profitable, but also the fact that the firm operates out of a community context, on which it is dependent. It is also dependent upon the good will of the community and must earn the community's trust. As well as being legally compliant, firms must honor their existence within a community of diverse stakeholders. "Normative ethical stakeholder theory articulates the view that a business firm ought… [read more]


Corporation Definition a Business Entity Essay

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Corporation Definition

A business entity can take the form of one of several legal organizations, each with its own advantages and disadvantages. The four basic business entities include sole proprietorships, partnerships, limited liability companies, and corporations. Furthermore, these companies can be divided into non-profit and for-profit organizations depending on the goals of the company. Corporations are unique in the way that they are structured and the power that the entity possesses, as opposed to other organizations.

A sole proprietorship is run by a self-employed individual "who operates a trade or business where all the tax consequences fall to that proprietor, including liabilities, debts, profits, and losses" (RMS Accounting, 2001). A partnership requires that two or more people enter into a contractual agreement as to how the business is to be run and how profits and losses will be shared. While a partnership is a separate entity for tax purposes, the partnership does not pay taxes as it is "a form of a conduit where income, losses, credits, and certain deductions are passed along to the partners' tax situation instead" (RMS Accounting, 2001). Like a sole proprietorship, partners in this organization do not have liability protection. A limited liability company (LLC) combines features found in a partnership with those found in a corporation. In order for an organization to qualify as an LLC, it must incorporate at least two of the main components of a corporation such as continuity, centralized management, and/or transferability of ownership.

A corporation can be defined as a "separate, legal entity formed through a state charter using articles of incorporation" (RMS Accounting, 2001). A corporation is authorized to perform all the basic business activities that an individual can perform "such as filing and paying taxes, signing contracts, and making loans" (RMS Accounting, 2001). Furthermore, a corporation is often formed through the issuance of stocks or securities, which help to generate revenue for the corporation. While a corporation can exist indefinitely and does not need to be dissolved after a management or ownership change, as a partnership could, it can be held liable for its actions and be prosecuted and punished if it…… [read more]


E-Commerce and Organizational Learning Research Paper

Research Paper  |  4 pages (1,184 words)
Bibliography Sources: 8

SAMPLE TEXT:

eCommerce and Organizational Learning

Improving the Performance of an Online University Using e-Commerce

Making the most of e-commerce platforms and technologies in the context of an online university needs to include strategies for increasing operational performance across the courses offered to helping students attain the educational goals they are enrolled to achieve. From the strategic aspects of integrating e-commerce platforms into each departments' information systems, to the support for the many suppliers an online university relies on an e-commerce platform just have the ability to support a wide variation in business models and processes. The value of e-commerce platforms and technologies is in unifying diverse business models and making them more centered on and responsive to customers' needs (Chung-Shing, 2001). The greater the integration and cohesive experience delivered by an e-commerce system the greater the level of trust customers have in the services promised and products sold (Beatty, Reay, Dick, Miller, 2011). For an online university, all of these factors are critical to its success, from the back-office integration to the student experience online, and the inclusion of services to support both students and faculty. The intent of this analysis is to define strategies for improving both individual and organizational learning by using e-commerce. The ability to tailor individualized learning programs to students, a technique called scaffolding, is enabled with the latest generation of e-commerce technologies (Najjar, 2008). Combining e-commerce and e-learning shows significant potential in this area as well.

Accelerating Online University Performance with e-Commerce

At the center of what makes any university successful is the ability to transparently and quickly share both explicit and tacit knowledge throughout the organization. As the university's core business model is providing students with the most efficient means possible to get to their educational goals, the underlying e-commerce systems must integrate the diverse back-office and customer-facing systems so real-time analytics and data can be quickly shared. One of the most powerful aspects of having a unified, enterprise-wide e-commerce platform supporting a services business is the ability to make every interaction with a customer (and student) count, contributing to greater growth (Goldberg, Sifonis, 1998). Creating a highly efficient enterprise begins by integrating legacy, 3rd party, financial, operational, customer and student-facing systems around a common set of objectives and metrics (Barsauskas, Sarapovas, Cvilikas, 2008). For the online university to excel at e-commerce there needs to be a common set of metrics and key performance indicators (KPIs) that the entire organization is galvanized around and believes in. These metrics and KPIs, reporting on dashboards internally, will explain hwo well the university is doing in orchestrating the many functional areas of the business model. This is the core foundation of any successful e-commerce business model, despite what many believe based on what they see on the veneer or surface. It is the real-time integration of these diverse systems and processes that leads to greater cost reductions, higher levels of efficiencies and greater customer satisfaction as a result (Kumar, Petersen, 2006). For the university to succeed with its… [read more]


Mcdonald's Corporation How Recent Economic Trends Essay

Essay  |  8 pages (2,505 words)
Bibliography Sources: 4

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McDonald's Corporation

How recent economic trends are influencing the business

The recent global financial crisis that hit America the hardest affected almost all industries and sectors, including the fast food industry. However, looking at the financial performance of McDonald's the company only suffered slight decrease of revenue in 2007, but recovered the following year and has continued to show a… [read more]


E-Commerce and Organizational Learning Research Paper

Research Paper  |  4 pages (1,199 words)
Bibliography Sources: 10

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eCommerce and Organizational Learning

Discuss how utilizing Information Technology in e-commerce could improve both individual and organizational learning.

The accumulation of knowedlge and insight within the context of any online strategy is beneficial to the long-term learning of an enterprise. The breadth and depth of learning that is achievable from the accumulated experiences of initiating, maintaining and continually improving e-commerce strategies is significant both from a financial and operational standpoint (Abrahams, Singh, 2010). Individual and organizational learning is enhanced and strengthened by the accumulated investment of time and resources to improve transaction workflows, increase the level of pricing accuracy, and fine-tune catalog management and merchandising innovation (Fomin, King, Lyytinen, McGann, 2005).

Learning benefits from a personal standpoint accrue rapidly for those involved in the daily management of these initiatives internally, as e-commerce platforms often require an intensive level of cognitive, financial, marketing and Web-based knowledge to succeed. These four areas are where individuals involved in e-commerce discover their innate strengths over time and master specific aspects of e-commerce strategy and system execution. Individual learning is also accelerated from the standpoint of defining which specific strategies generate the highest and lowest levels of trust with potential and existing customers as well (Ratnasingam, 2005). All of these factors contribute to the learning experiences of individuals, and are accelerated and clarified by the role of information technologies used in e-commerce. Over time, organizations move rapidly down the experience curve of their specific e-commerce strategies and gain a core competency in them. Organizational learning is more long-term in scope as the intelligence, insight and knowledge needs to permeate the culture and processes of an organization to make a significant impact on institutional and corporate learning in aggregate (Ratnasingam, 2005).

A secondary aspect of this learning process is the development of core competency and expertise in specific process areas as well. An effective e-commerce strategy is actually comprised of a series of highly complex, integrated and often it-constrained business processes that must work together for the online strategies to function correctly. The need for process-based expertise at the individual level and corporate-wide is also a very strong catalyst of organizational learning. The integration of Enterprise Resource Planning (ERP) systems into e-commerce processes and strategies is critical to their success, and presents many opportunities for individual and corporate learning due to the critical and complex nature of these systems (Tsai, Hung, 2008). Individual and organizational learning is therefore achieved by the continual need to translate lessons learned in using these systems to the actual functioning of the e-commerce sites themselves (Gunasekaran, McGaughey, McNeil, 2004). Translating lessons learned into knowledge a company can use also forces a level of discipline and focus on both individuals and organizations to ensure learning is translated into competitive advantage through knowledge transfer at the enterprise system level (Tsai, Hung, 2008).

Describe how e-commerce could help in creating and operating a team learning environment.

The use of e-commerce today including the insights and intelligence gained from integrating systems, processes and extending these… [read more]


Security Overview Businesses Today Research Paper

Research Paper  |  13 pages (3,366 words)
Style: Turabian  |  Bibliography Sources: 5

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Security Overview

Businesses today are faced with a range of security challenges unlike any of those that their predecessors have ever faced. Among these different challenges are the physical protection of the building and the protection of data and intellectual property. This may sound like a relatively easy mission; however, each of these two types of security has a number… [read more]


International Business Essay

Essay  |  3 pages (904 words)
Bibliography Sources: 1+

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International business is a term that is used to describe issues that relating to a firm's operations with interests in many countries. Such firms are referred to as multinational corporations. The main important area of concern in the international business arena is cultural considerations. These include dissimilarity in living standards, law and legal systems, climate, language barriers and many others (Czinkota & Ronkainen, 2010, 1-2). All of these issues need to be understood for an multinational in order to have success in a venture overseas. However, the increased competitiveness is worth the risk and the trouble of diversification by operating overseas.

Many companies and get into international business because of the existence of the competitive environment. This competitive environment compels companies to move on further rather than in staying at the same size by focusing simply quality. Another reason is the fear of loosing the customers.

If a company does not show sustainable growth then competitors will move ahead and the chances of loosing of customers will increase (ibid., 3-4). Other general reasons include the following: political changes like economic changes and those in the regulation of work and safety that include cost of production. If there shows an increase in the cost of production at home, the company has to look for places where the cost of production is reasonable for them.

Four major objectives compel a company to go for international business, including enlarging sales, to successfully acquire resources, diversification of the sources of the company's sales and to look out for diversification of supplies (ibid., 5-6). Since the 1980s, global competition has become very important for the world and its economic development. Companies that are multinational are involved processes taking place in the international business environment.

The business world has nearly always relied heavily upon contractual agreements for the conduct of business. But what happens when one takes away the physical contractual and everything is agreed upon through the spoken word? Business ethics is an old discipline and can be applied successfully to the everyday international business world. International business is similar to national business in many ways. However, there are also significant differences that on must take into account for the achievement of successful international strategies (ibid., 58-60).

The main problem in international business is to overcome the differences in national cultures that manifest themselves so often. One finds that international business operates in many countries with widely different cultures. In this way, the formal parameters of starting new business overseas can be implemented when it is used in different cultural environments. This then leads to different results.

However, international companies can face serious challenges. These include issues and solutions about what products or services should be attractive…… [read more]


Growth Sustainable Business Plan Organizational Business Plan

Business Plan  |  7 pages (2,555 words)
Bibliography Sources: 6

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Thus, Systemic Software Technology sometimes experience shortage of IT staff who possess the required skill for the development of software. To address this shortcoming, the organization is always on the look out for the highly skilled IT professionals. Moreover, the organization always provides in-house training for employee to ensure that they serve organizational needs.

5: Resources Required for the Plan… [read more]


E-Commerce, Efficiency Research Paper

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Bibliography Sources: 10

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For the purpose of marketing the segment starts from people of 15 years of age and above. Since these people belong to the income group that have a high purchasing power, a large number of this people from this segment are smart phone users. iPhone and Android are especially gaining popularity among youngsters. This provides immense scope for Brokerage house… [read more]


Sustainable Business Development Wal-Mart Research Paper

Research Paper  |  4 pages (1,061 words)
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Sustainable Business Development

Wal-Mart is one of the leading corporations at the global level and the ultimate leader of the American retailing industry. The strong position of the company within the national industry is further more attested nowadays, as the economy poses immense risks for the companies. In this setting nevertheless, Wal-Mart continues to thrive and to register increasing revenues and profits (Website of the Wal-Mart Stores, 2012).

The success of Wal-Mart can be attributed to two specific elements:

The ability to attract consumers through the offering of the lowest possible price, and the creation of scale economies and competitive advantages that help it operate in an efficient manner to minimize costs and maximize results.

In other words, the business approach implemented by Wal-Mart was one based on operational efficiency and cost reduction to a minimum. This approach allowed them to provide customers with the lowest possible price, attracting as such millions of price sensitive consumers in America, but also across other global regions as well.

Still, the business model implemented by Wal-Mart has widely been criticized. In other words, stakeholders from both within as well as outside the firm have pin pointed to numerous shortages of collaborating with Wal-Mart. These are best centralized in Robert Greenwald's 2005 documentary Wal-Mart: the high cost of low price. In it, the following issues are forwarded:

Wal-Mart cut personnel costs to a minimum by offering its employees minimum wages and not providing them with adjacent benefits, including adequate health care

Wal-Mart asked its employees to put in long hours and did not pay them for the extra effort. One employee recollects that she would often be asked to complete hour long tasks, ten minutes before her shift was over. Since the task had been assigned during her shift, she would not be paid for the additional time spent in the firm.

The Wal-Mart employees have also argued that they felt discriminated against, especially when competing for managerial positions. The company has the good habit of promoting its own employees into middle management functions, but they seem to prefer white males rather than any other category.

Customers have often complained that the quality of the products, as well as the services at Wal-Mart is decreased. The low quality of the services could be pegged to the low levels of satisfaction on the part of the staff members, and the low quality of the products could be pegged to the fact that the company strives to import products from the most cost effective regions and to save on transportation as well. The quality of the products tends to decrease throughout these transportation and long storage processes.

Local farmers often point out that their fresh produce are being lost as a result of natural decay as Wal-Mart imports its fresh produce, allowing the local crops to rot and subsequently causing impressive financial losses to the farmers

Customers and employees alike have complained that Wal-Mart filled its stores with cameras and security agents to prevent any thefts,… [read more]


Government and Business Research Paper

Research Paper  |  5 pages (1,636 words)
Bibliography Sources: 5

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Despite many governmental and quasi-governmental levels of consumer protection, consumers still face a wide variety of risks. What are your recommendations, on a governmental and quasi-governmental level, for reducing these risks?

To reduce the underlying amounts of risk facing consumers, the government needs to introduce policies that will provide added protections. While at the same time, they must ensure that any kind of laws do not interfere with the ability of firms to deliver the final product or service to the markets. One possible approach that can be used to address these issues is to create a basic policy that will protect the interests of the general public. Then, you can have businesses figure out how they could cost effectively implement these kinds of provisions, as part of their business model (in a cost effect manner) (Plumber, 2011).

If this kind of strategy could be used, it will reduce the total amounts of tension that corporations will have about new regulations. The reason why, is because they are figuring out to follow these provisions without hurting their bottom line numbers. This will allow them to increase productivity and profit margins. When this is occurring, the basic guidelines will create workable standard that everyone will follow. On the quasi and governmental levels, this will help to improve the overall amounts of regulation. As this approach, is reducing any kind of animosity about possible changes. Instead, it is focused on having everyone work together to solve the larger issues. This will prevent efforts in the future to limit these regulations, as there is this will not interfere with a firm's earnings (Plumber, 2011).

References

Dodd Frank. (2011). FT. Retrieved from: http://lexicon.ft.com/Term?term=Dodd_Frank-Act

Ranked Sectors. (2011). Open Secrets. Retrieved from: http://www.opensecrets.org/lobby/top.php?indexType=c

Bonnick, K.. (2010). Why to Big to Fail. Staten Island, NY: Althorse.

Miroff, B. (2009). The Democratic Debate. Boston, MA: Cengage.

Plumber, B. (2011). Should We Regulate Less. Washington Post. Retrieved from:

http://www.washingtonpost.com/blogs/ezra-klein/post/should-we-regulate-less-during-recessions-its-not-

so-simple/2011/10/28/gIQA4YeSPM_blog.html… [read more]


Dream Business Business Plan

Business Plan  |  6 pages (1,740 words)
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Please find a print-out at the end of this work.

Filing Office: The LLC Operating Agreement needs to be filed with the following LLC Filing Office: Department of State, Division of Corporations, State Records and Uniform Commercial Code, 41 State Street, Albany, NY 12231, Tel [HIDDEN] Filing Fees: The filing fee is $200. The Department of State's Division of Corporations accepts MasterCard and Visa for the payment of fees. Complete and sign the Credit Card Authorization Form and submit it to the Division of Corporations with your Articles of Organization. The Credit Card Authorization Form is available from the Department of State's website at http://dos.state.ny.us/corp/creditcard.html or by calling (518) [HIDDEN]

Expedited Processing: For an additional, non-refundable fee, as indicated, the Division of Corporations will ensure that a document is processed within the following time frames: (1) within 2 hours for an additional fee of $150; (2) the same day for an additional fee of $75; and (3) within 24 hours for an additional fee of $25. The additional, non-refundable fee for expedited processing must be paid by a separate check or money order or indicated in the appropriate space on the Credit Card Authorization Form.

Publication of Limited Liability Companies (LLCs): According to New York Limited Liability Company Law, limited liability companies that are formed or authorized to do business in New York must publish a "notice of… [read more]


Outsourcing Business and Society in the Twenty-First Term Paper

Term Paper  |  6 pages (1,574 words)
Bibliography Sources: 10

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Outsourcing

Business and Society in the Twenty-First Century: A Brief History and Analysis of Outsourcing

One of the largest and most controversial trends in the business world today is the increasing reliance on outsourcing for a variety of business need, from data entry to customer service. Increasingly efficient and reliable telecommunications technologies and other technological and geopolitical forces have made… [read more]


Small Business Management Challenges Essay

Essay  |  50 pages (16,727 words)
Bibliography Sources: 50

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B & B. Custom Woodworks, Inc. has been in operation since March of 2007 in the Chesapeake, Virginia area. It began as a sole proprietor business that specializes in custom woodwork, and personalized service business. In 2009, the business incorporated and now operates as an " S" Corporation in the State of Virginia. The focus of the business is to… [read more]


GMC Corporation Opportunities to Improve International Business in Dubai UAE Research Paper

Research Paper  |  5 pages (1,749 words)
Bibliography Sources: 6

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GMC Corporation

Over the several years, Dubai has quickly become a developing luxury car market with rapid growth. Part of the reason for this is because the country is known as a desert oasis that is attracting large amounts of tourism and foreign direct investment capital. This has caused the total number of foreigners to increase dramatically. Where, they are… [read more]


Corporations and Big Business Thesis

Thesis  |  1 pages (321 words)
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¶ … Emergence of the Corporation in America

The United States is a world center for commerce and capital development, owing to an expansive and entrenched corporate culture. But as the article by C.W. Carey denotes, this identity was all but nonexistent at the turn of the 19th century. In an article entitled Corporations and Big Business, Carey details the inflection point when the events of history converged to create the economic orientation after which much of the world's economy is now modeled.

Using the railroad industry as a point of reference -- primarily because it was really the first industry to necessitate corporate structure in the U.S. -- the article describes an intercession of legal and technological changes which dictated the emergence of the corporation. First and foremost, the United States government had begun to recognize the commercial importance of easing trade and enterprise limitations between states. As the Carey text tells, the streamlining of the process by which…… [read more]


E-Commerce Plan Nintendo's Global Leadership Thesis

Thesis  |  10 pages (2,844 words)
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e-Commerce Plan

Nintendo's global leadership in the development, marketing, promotion, sales and service of their best-selling gaming modules, gaming software and interactive games has also created exceptional growth for third party games, development kits and accessories. The intent of this e-commerce venture plan is to create an e-commerce business that offers Nintendo gaming modules, gaming software and interactive games both… [read more]


Computers and the Internet E-Commerce Proposal Business Proposal

Business Proposal  |  7 pages (3,039 words)
Style: Harvard  |  Bibliography Sources: 8

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Computers and the Internet

Internet e-Commerce Proposal

The intent of this e-commerce proposal for PZE Puzzles is to first compare the e-commerce strategies of their three dominant competitors in the U.K. including Accolade Publishing, Clarity Media, and Puzzler. A competitive analysis of their three most competitive processes as they relate to their e-commerce strategies online are analyzed, followed by a… [read more]


Ford Motors Corp -- Business Proposal Change Research Proposal

Research Proposal  |  10 pages (2,714 words)
Bibliography Sources: 10

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Ford Motors Corp -- Business Proposal

Change affects all features of the every day life and probably most of these changes are due to globalization -- one of the buzzwords of the twenty-first century. Basically meaning a transfer of cultural, technological, political and economic values from one country to another, the forces of globalization have resulted in more choices for… [read more]


Business Proposal in Ghana Business Proposal

Business Proposal  |  20 pages (5,365 words)
Bibliography Sources: 1+

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Business Proposal in Ghana

Giam's Clothing:

Business Proposal in Ghana

Company Description

Giam's Clothing is an apparel manufacturer which produces clothing articles for the American middle class. The company was founded in 1990 by current chief executive officer John Whitehouse. The middle size company has little over one hundred employees and an annual turnover of 1.5 billion dollars. The firm… [read more]


Ecommerce the Online Business Idea Term Paper

Term Paper  |  2 pages (413 words)
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ECommerce

The online business idea that I would like to pursue is a resume writing and career consulting business. With the increase importance in resume writing, the decrease ability of people to write good business writing, and the intense job market, there is a high demand for this type of business. This fact can be seen by the numerous companies currently offering such services. With the use of an Internet-based business, much of the work can be done with little to no "face contact" and the business can be opened twenty-four hours, thus attracting an international clientele.

The way the business would work is that a customer would log onto the user-friendly site and choose a specified product. Based on their selection, they would be required to enter relevant information and upload existing resumes, etc. The customer would then enter their payment information. Their order will then be placed with a professional resume writer, who would then use the provided information and contact the customer, if needed, to draft a satisfactory resume and supporting document.

The costs of setting up such a business are minimal beyond the web hosting and design and the payment of writers, who will be independent contractors. The greatest ongoing expense will…… [read more]


E-Business to Customer E-Commerce Term Paper

Term Paper  |  4 pages (1,555 words)
Bibliography Sources: 1+

SAMPLE TEXT:

E-Business

Business to Customer E-Commerce, or B. 2 C. As it is commonly known, is when companies sell products or services to the customer, over the Internet. Amazon.com, the online bookseller that launched its operations in 1995, and rapidly established itself as one of the most important retailers of books on the World Wide Web, and it is one of… [read more]


UPS Corporation Business Analysis Term Paper

Term Paper  |  4 pages (1,837 words)
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UPS Corporation Business Analysis

The business that UPS or United Parcel Service is in is a matter of being able to satisfy customers, and remaining ahead of competition. It was FedEx who first introduced a wireless network application in order to keep track of the document as well as parcel shipments, but this forced UPS to come out with a… [read more]


E-Commerce Communications Electronic Term Paper

Term Paper  |  20 pages (6,773 words)
Bibliography Sources: 1+

SAMPLE TEXT:

Types of internet-based EDI: Internet e-mail can be used in place of value added network to support the transfer of data in EDI. Alternatively, companies can create extranet systems through which trading partners can exchange information in web form, whose fields correspond to the fields in EDI messages. The third option is for companies to make use of the services… [read more]


Internal and External Environments for Amazon Term Paper

Term Paper  |  8 pages (2,553 words)
Bibliography Sources: 5

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These would be aimed at countering threats of new entrants and reducing the intensity of rivals. Using any of these moves would allow the company to expand its operations and market presence. The possibility of entering into new industries or creating competition barrier is increased with such ventures.

Threats and opportunities

New entrants, competitors, lawsuits, tax legislation, and online security… [read more]


Ecommerce Essay

Essay  |  2 pages (496 words)
Bibliography Sources: 2

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Over the past 12 years, the Internet has changed the way we buy and sell goods and services and by definition, e-commerce means the buying or selling of goods and services over the Internet; according to the Pew Internet & American Life Project, 66% of the adults online have purchased something over the Internet and this figure is increasingly growing (Roos, 2007). Ecommerce has become so ubiquitous that many of us do not know or cannot remember what it was like to purchase things like airline tickets without access to the internet.

The two companies that worked to transform ecommerce in the mid-1990s were definitely Amazon and eBay. Amazon was successful because it was price competitive and offered an enormous selection. Furthermore users can connect with other users to read reviews and find helpful information to make purchases. eBay served a different niche that allowed individuals to sell their own items as well as users to purchase from other individuals. This revolutionized the market and created a new market for resale opportunities as well as home-based businesses. Individuals had the opportunity to compete with other mainstream sites and this was a popular alternative to direct ecommerce options.

Works Cited

Mills, I. (2014, June 3). 5 Social Media Marketing Tips for Your Ecommerce Website. Retrieved from The Huffington Post: http://www.huffingtonpost.com/ian-mills/5-social-media-marketing-_b_5416086.html

Roos, D. (2007, November 26). The History of Ecommerce. Retrieved from How Stuff Works: http://money.howstuffworks.com/history-e-commerce.htm… [read more]


Valve Corp Term Paper

Term Paper  |  3 pages (876 words)
Bibliography Sources: 0

SAMPLE TEXT:

The other core process is market development. This is a source of competitive advantage because having an installed base of customers -- and a large number of concurrent users -- is critical to success. The more people are using Valve, the more people will be attracted to Valve, especially in the case of MMORPGs. It is entirely possible that only one or two companies will be able to exist in this space in the long run, given that revenue is needed to invest in technology, and technological leadership is a key success factor. Thus, building out the market supports everything else the company does. There are tremendous opportunities overseas, but there are also major competitive threats. Valve might be established as the leader in North America, but a company that establishes a similar position in the massive Asian market could easily challenge Valve for global dominance.

3. The two alternatives have been laid out: Market expansion or product expansion. One involves getting more customers; the other involves getting more out of existing customers. Market expansion requires significant investment in infrastructure and human resources, the other more investment in technology and games. In terms of benefits, there is a bigger upside ceiling to market expansion. Moreover, market expansion cuts off potential threats down the road, making it harder for new companies to enter the market. Product expansion might increase revenue in the short run, and come with a lower cost, but it does not have the same long-run upside because there is only so much additional revenue to be squeezed out of the existing customer base.

4. Market expansion is the recommended course of action for Valve. The company is in the market leadership position, but might face significant competition from new entrants in Asia if it does not establish itself in that market. Moreover, this option has the bigger upside. Valve probably has healthy finances to pursue this market, and still has the IPO hammer if it really needs to raise capital to go big internationally. So for Valve, the market expansion option is the best one in terms of building out the company in the long run, establishing a strong global competitive position, and putting the company on a long-run growth trajectory. Product expansion is more of a low-risk short-run growth strategy, but since the company is already the market leader, a slow option is definitely not as positive going forward. Market expansion is precisely what Valve needs to growth revenues at double digits for several more years and get itself into the big leagues of gaming…… [read more]


Global Business Environment AT&ampT Inc Research Paper

Research Paper  |  6 pages (1,952 words)
Bibliography Sources: 4

SAMPLE TEXT:

This strategy enables the company to realize the diversity of the world's businesses within its cultural traditions and social customs hence embraces these challenges with diverse approaches. In order to embrace technological challenges, AT&T grows its branches different parts of the world, and strives to understand the diverse technological advancements within the countries it serves (Victor, 2009). This understanding aids the company in establishing a healthy and fruitful competition within the telecommunications industry. To further manage both technological advancements and environmental issues, AT&T set various agencies to help it understand the diverse world economies, governments and political climates, as well as the socio-cultural characteristics of the countries it serves through its diversified branches (Sonny, 1981).A related technological strategy is also brought to light when the AT&T Mobility Company pronounced it aims to shore up its wireless range capacity capacities and utilize it in high-speed long-term evolution network. This was proved after striking deals in order to procure a batch of an advanced wireless service alongside 700 MHz license from Oregon's Bend-Broadband.

AT&T's lobbying and political contributions have earned the business much efforts in winning the right to profit through the provision of broadband internet access within the entire U.S. (Sonny, 1981). According to the 2010 reports from the Center of Responsive Politics, AT&T Inc. was the second largest donor to the U.S. political campaigns, and also served as the American to corporate donor. Similarly, during the period 1998 to 2010 (Victor, 2009), AT&T expanded approximately $135 million on lobbying within the United States. Moreover, AT&T Inc. has a commitment to make the world the best place via a corporate social responsibility, and it has been recognized worldwide for its corporate citizenship. Through its standing efforts towards the global corporate citizenship, AT&T ranked in the annual list as the best company on corporate citizenship. This strategy aids the company in creating ability for the provision of inspiring programs, and the engagement of a high number of employees helps in its sustainability commitment that reaches across the entire globe.

References

Jefferson, D. (2011). The U.S. Securities and Exchange Commission: L-3 Commissions

holdings Inc. American Economic Technologies, 21(3), 43-54.

Leyden, J.L. (2009). The Verizon Communications Inc.: Brief profile and code of conduct.

International Business Journal, 23(9), 105-117.

Sonny, K. (1981).The largest company on earth: A profile of the AT&T holdings. New York,

NY: Winston.

Victor, G. (2009). AT&T and its headquarters: From San Antonio to Dallas. The Dallas

Economic Journal, 4(3), 27-35.… [read more]


Array of Reasons Why Corporations Essay

Essay  |  3 pages (1,152 words)
Bibliography Sources: 3

SAMPLE TEXT:

d.). Moreover, it enables a business to focus on employee development initiatives such as training and would be a crucial employee-retaining strategy (Preis, n.d.). Thirdly, enterprise architecture significantly enhances the development of business support standards (Preis, n.d.).

A corporation's enterprise architecture is developed through a six-stage process which is overseen by an enterprise architect. First, an assessment is done to determine the state of IT at present and how technology has been deployed across the various organizational segments (Preis, n.d.). Once this has been established, initiatives that are currently ongoing and those that are being planned for are examined, and the future state, based on these is documented (Preis, n.d.). This is then compared against the organization's desired state, and the 'gap' between what is documented (Preis, n.d.). This gap represents "the difference between where the IT organization is heading and where it would like to be" (Preis, n.d.). A transition plan, in the form of suitable projects and initiatives, is then formulated to bridge the gap and drive the organization towards the desired state (Preis, n.d.).

Enterprise architecture comes in handy in the shift from the Google App suite of online messaging to the Productivity Online Standard Suite. Architects realized that it was possible to combine SharePoint Online's collaboration, search, and file-sharing capabilities with Microsoft Exchange Online for enterprise level messaging. This basis was used to improve Google Apps (Microsoft, 2014).

Question Five

The cost of software is the total cost incurred in the development, installation and maintenance of software (Cascella, 2002). It begins at the planning phase of the Software Development Life Cycle (SDLC) with the identification of the types and quantities of resources needed to finance testing activities, training sessions, hardware and software, and infrastructure (Cascella, 2002).

Apart from the cost of software, a number of factors have to be taken into account when making software choices for an organization. These include;

i) The scope of business - the expected expansion and growth; software that fits perfectly today may not be as effective one year from now (Cascella, 2002).

ii) The modules included - determine, for software that fits the organization's scope, the models that are covered in the base price, and those that entail additional costs (Cascella, 2002).

iii) Portability and access -- any software installed on a network server would be effective if an organization has a single location, and does not expect any location changes in future. However, if this is not the case, internet-based software would be a better option (Cascella, 2002).

iv) The knowledge required -- do-it-all software, regardless of its power, would be useless if the organization's workers are not able to use it. The employees' education level should be compared against prospective software's technical levels, when making software choices (Cascella, 2002).

References

ASCO. (2009). Strategic Planning: Why it Makes a Difference and How to Do it. Journal of Oncology Practice, 5(3), 139-143.

Bakos, J.Y. & Treacy, M.E. (1986). Information Technology and Corporate Strategy. MIS Quarterly, 10(2), pp 107-119.

Cascella, V.… [read more]


Particular Types of Businesses Case Study

Case Study  |  3 pages (856 words)
Bibliography Sources: 3

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How should Federated respond to customers who are strictly focused on price? In your view, what are the points of difference that Federated should illuminate in the customer value proposition?

Strictly focusing on price seems like a good idea until something actually happens and then the need for more comprehensive insurance becomes apparent. Statistically demonstrating the risk of specific industry-specific liabilities which might occur can be a persuasive tool to encourage businesses to more significantly invest in insurance. An injured worker, a major theft, or the illness of the business owner are examples of events which can potentially bankrupt a small business which lacks adequate insurance. A small business may think that because it has fewer financial resources it should try to 'get away' with insuring itself less. But because it has less ability to absorb the costs of a loss (unlike a large corporation), it is in fact small businesses that cannot afford to be under-insured.

Moreover, unlike a large corporation, the owner of a small business may be legally liable for the losses generated by the business. Sole proprietors and joint owners stand to lose their personal assets in the case of a damaging lawsuit. Also if a sole proprietor becomes ill and the business suffers, there is no other person to step in and to assume his duties. Additionally, if the sole proprietor has poor health insurance his personal difficulties can become the business' difficulties as the money may have to be diverted from the business for personal expenses ("Sole proprietorships," Nolo). Either way, under-insuring (for example, purchasing health insurance with a very high deductible or under-insuring regarding casualty insurance) can swiftly bankrupt a small enterprise. All it takes is one serious illness or one frivolous lawsuit about a faulty product and the company could be crippled.

Furthermore, as a company which provides a wide range of insurance services, Federated already provides a certain cost value simply via 'bundling.' "Purchasing separate policies from different insurers can result in higher total premiums. A BOP combines typical coverage options into a standard package, and is offered at a premium that is less than if each type of coverage was purchased separately" ("Buying insurance," SBA). This can make the purchase of more comprehensive insurance packages far more affordable.

References

"Buying insurance." SBA. [12 Feb 2014]

http://www.sba.gov/content/buying-insurance

"Sole proprietorships." Nolo. [12 Feb 2014]

http://www.nolo.com/legal-encyclopedia/sole-proprietorship-basics-29694.html

"What is property casualty insurance?" All State. [12 Feb 2014]

http://www.allstate.com/tools-and-resources/home-insurance/property-casualty-insurance.aspx… [read more]


International Business Economics the Resource Term Paper

Term Paper  |  8 pages (2,803 words)
Bibliography Sources: 25

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International Business Economics

The Resource-Based View (RBV) theory suggests that a firm must protect its resources which are valuable, rare, inimitable, and non-substitutable in order to transform its short-term competitive advantage into a sustainable competitive advantage. A typical firm possesses four types of resources which play their individual roles in its operational and financial performance. In addition to its day-to-day… [read more]


Adidas Business Plan Business Plan

Business Plan  |  12 pages (3,316 words)
Bibliography Sources: 0

SAMPLE TEXT:

The project team has been developed, and each activity is established. The schedule, duration, and budget of each activity are established.

Work Breakdown Structure

Market study -- 2 weeks

Project team creation -- 1 week

Project team discussions -- 1 week

Production capacity, raw materials necessary -- 3 days

Financial analysis -- 5 days

Production process -- 3 weeks

Marketing… [read more]


Staples Digital Advertising Project Marketing Plan

Marketing Plan  |  8 pages (2,658 words)
Bibliography Sources: 8

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Thus, the key goals of applying the digital campaign include, growing sales. The online market is broad and capitalizing on sales from online purchases, which is the emerging trend in business, will foster the company in growing the sales. Secondly, the digital campaign facilitates speaking. Staples will get close to the customer through establishing dialogue with them. Digital channels are… [read more]


E-Commerce Term Paper

Term Paper  |  6 pages (1,796 words)
Bibliography Sources: 4

SAMPLE TEXT:

There are major gaps internationally with respect to where Apple sells and what it sells, so these gaps can be addressed with stronger e-commerce technology, especially for those markets that are not earmarked for an Apple store.

In conclusion, e-commerce has been highly successful for Apple. The company has utilized two models, depending on the product in question, and its execution of these models has by and large been successful. Apple entered the music industry and became a major player very quickly through its e-commerce strategy, and Apple has been able to be one of the world's largest clicks-and-mortar players by developing a strong e-commerce strategy for its consumer electronics products. The strategy also succeeds because Apple has been able to progress beyond simply selling computers to a holistic approach that features customer relationship management software and the ability to meet the needs of customers for whom visiting a bricks-and-mortar store would be difficult. By using e-commerce to reach new markets and new consumers, Apple has successfully used e-commerce to enhance its existing business, adding billions of dollars in revenue while cannibalizing little.

References:

Ito, T., Ochi, H. & Shintani, T. (2002) A group buy protocol on coalition formation for agent-mediated e-commerce. International Journal of Computer & Information Science. Web. Retrieved from http://web.mit.edu/~takayuki/www/papers/itota-ijcis2002.pdf

Laudon, K. & Traver, C. (2007). E-commerce: business, technology, society. Pearson Education. Web. Chapter 9. Retrieved from http://www.cpe.ku.ac.th/~mcs/courses/2008_01/214571/slides/Laudon_Traver_E-commerce4E_Chapter09.pdf

Webb, K. (2002). Managing channels of distribution in the age of electronic commerce. Industrial Marketing Management. Vol. 31 (2002) 95-102.

Zhu, K. & Kramer, K. (2002). E-commerce metrics for net-enhanced organizations: Assessing the value of e-commerce to firm performance in the manufacturing sector. Information Systems Research. Vol. 13 (3) 275-295.… [read more]


Business Plan for Online Retailer Business Plan

Business Plan  |  4 pages (1,160 words)
Bibliography Sources: 5

SAMPLE TEXT:

Business Plan for Internet Site Selling Women's Clothes

Business Plan for Online Retailer

Any firm willing to initiate its business operations at the online platform needs to conduct a full-fledged analysis of its internal and external environment. Similarly, it has to develop a comprehensive business plan to enter the market in an effective and competitive way. A business plan consists of an analysis and description of the venture, identification of the target market, statement of financial needs (estimation of the preliminary expenditures), marketing plan (including the marketing mix strategies), production planning, organizational planning, assessment of internal capabilities, weaknesses, opportunities, and potential risks (in the light of SWOT analysis), financial forecasting, and activity timeline. A well-designed business plan helps a company's Management in evaluating and implementing its new venture in an effective and efficient fashion.

Description of the Venture

This plan is for the creation and selling of a specific line of women's clothing, i.e. casual and dress T-shirts. The store will be called as "Casual-Tees" and the targeted market consists of women, aged 18 to 40 years.

Tee-shirts were chosen for various reasons, including:

They are growing as a fashion trend.

They come in easy to fit sizes.

They are a "known" item since they are worn worldwide.

They can bear a substantial markup.

They are inexpensive to ship.

The "Casual-Tees" store will cater to women with attitude. This concept was inspired in part by a recent report concerning Europe and the Internet, which said in part "Europe's youngest and brightest are bringing the Wild West business mentality east, creating thousands of new Internet companies that cover every dot.com concept under the sun. Yes, it has taken Europe a few years to really embrace the Net" (Dogar, Sacirbey, Theil. Johnson & Thomas, 1999, 48).

"Casual-Tees" will feature several lines of Tee-shirts from "mottos and slogans" that sell for $20 to $25 all the way to luxury silk Tees that sell for $300 and up. The reason for choosing to put this business on the Internet is found in an article by Frook and Karpinski (1999) who point out that "Business on the Internet reached $43 billion in 1998, growing to $109 billion by the end of this year and a whopping $1.3 trillion by 2003" (Frook & Karpinski, 1999, 14).

2. Statement of Financial Needs

The following startup expense items have been determined:

Table 1: "Casual-Tees" Start Up Expenses

Sr. No.

Particulars

Estimated Expenditures

1

Domain Name Registration

2

ISP Contract

FF 16,000 (One year)

3

Website development

FF 80,000

4

Business licenses/legal

FF 8,000

5

E-Commerce Setup

FF 8,000

6

Inventory

FF 80,000

7

Marketing

FF 80,000

8

Promotion

FF 40,000

Total

FF 312,280

It would be smart to add a 20% contingency to this startup amount bringing the total to FF 344,280. The amount of capital on hand to start the business is FF 88,000, resulting in a financial need of FF 288,000.

3. Marketing Plan for Casual-Tees

Marketing on the Internet is essential for success and yet… [read more]


International Business South Korea Essay

Essay  |  4 pages (1,332 words)
Bibliography Sources: 4

SAMPLE TEXT:

2. Price:

U.S companies will face a big challenge while designing the pricing strategies for their products. The local companies in South Korea offer products at very competitive prices due to readily available raw material, low labor, energy, and overhead costs, and favorable governmental behavior. On the other hand, U.S. is one of the most expensive markets for business organizations. However, the South Korean customers have the same perception for price-quality relationship as the U.S. customers. Therefore, U.S. companies will be able to charge a high price if they sell their products under well-recognized brand name, use top quality raw material in manufacturing, and provide efficient delivery to the final customers (Wild, Han, & Wild, 2011).

3. Promotion:

Companies in the U.S. use all the major marketing mediums for the promotion of their products. These mediums include; electronic media, print media, social media networking, and bill boards, trade shows, etc. On the other hand, the most widely used marketing medium in South Korea is newspapers and magazines (Central Intelligence Agency, 2013). The trend for holding seminars, trade shows, cultural events, etc. is grater in South Korea as compared to U.S. Keeping in view these facts, it can be said that U.S. companies that wish to expand to South Korean market will need to focus on print advertisements and promotions.

4. Place:

The network of local partners, suppliers, distributors, and business development firms is spread throughout the United States. In contrast, local and international businesses in the South Korean market find these strategic business partners and supply chain members in the major cities and town only. Therefore, they face difficulties in delivering their products to the potential customers in small towns and villages. The weather conditions and overall climate in South Korea remains quite favorable for all types of businesses throughout the year. However, the seaports and trade routes are not as developed as they are in the United States (Lee & Trim, 2008).

Part C: Ethical Issues

Transparency to the Stakeholders:

It is quite difficult for the investors to assess the performance and growth of foreign businesses that operate in their local country. Therefore, it is an ethical responsibility of these foreign businesses to present a fair and transparent picture of their business affairs, practices, and financial performance to their investors and key stakeholders. Transparency is becoming one of the major ethical issues in the business world due to the increase in frauds, misrepresentations, and deceptions by unknown firms. Therefore, it is vital for the U.S. companies to keep in view these ethical norms while entering into the South Korean market (Wild, Han, & Wild, 2011).

Ethical Marketing Practices:

Ethics are also found in marketing and promotional activities. In order to avoid criticism and legal actions against them, U.S. companies will need to design their advertisements and promotional campaigns which do not harm the social, cultural, or religious values of the South Korean customers (Hill, 2013). For example, they must not use ingredients in their products which are forbidden in… [read more]


Business Plan for a Company Business Plan

Business Plan  |  12 pages (3,240 words)
Bibliography Sources: 5

SAMPLE TEXT:

Business Plan

IDC Interiors aims to open a small business venture with the aim to attract clients as much as this venture can of both types of customers (residential or commercial) by offering unique, comprehensive, environment-friendly and comfortable, interior design services for them.

The aim will be to completely satisfy the target market which includes the residential and commercial residents… [read more]


Consumer Protection Term Paper

Term Paper  |  4 pages (1,316 words)
Bibliography Sources: 1

SAMPLE TEXT:

These aspects, much like those mentioned above, can be very costly. Companies therefore, must account for these costs in the overall pricing of their products. Unfortunately, these cost increases are often transferred to consumers in the form of higher product prices.

Assume that U.S. retailers do have legal liability for defective products. What steps could U.S. retailers and manufacturers take, when using products imported from China that would minimize their liability exposure?

To begin, U.S. retailers must have closer relationships with both vendors and suppliers within their supply chain. Vender and supplier relationships are integral to the overall quality and functional expectations of a product. Particularly for items imported from China, strict standards must be in place to effectively screen incoming products. For instance, retailers could test product regarding prespecific standards. If these standards are not met the item will be rejected, subject to a pending revision. If a supplier has multiple products that fail to meet these standards, the supplier is then eliminated from the chain altogether. Ample communication with consumers will also be needed on the part of retailers. Clear, concise, and comprehensive information regarding potential threats of the product are essential. Warning labels, information on handling the product, and information on the correct use of the product all help reduce the potential liability of a corporation (Alan, 1990).

An item that has been recently recalled by the CPSC is that of Trident Diving Equipment. In this instance, the item has the propensity to cause drowning in those who use it. Trident has received one report of the hose leaking. No injuries have been reported due to the use of this product however. If the product has not been recalled, the manufacturer would have been liable for the drowning death of those who use the product. According to tort law, a duty of care is a legal obligation which is imposed on an individual requiring that they adhere to a standard of reasonable care while performing any acts that could foreseeably harm others. In many instances, consumers must be able to prove an act of negligence. In the instance of the Scuba diving air hose, the manufacturer should have done considerable research in order to maintain the air within the hose. When diving into water, consumers have a reasonable expectation to assume that the hose would not leak. Providing consumers with a leaky hose that could potentially result in unsuspecting deaths could be deemed as negligence. The claimant must be able to show a duty of care imposed by law which the defendant has breached. According to research reports, the actual causation of the leak was due to falter materials within the hose itself. Again, this could potentially be negligence on the part of the manufacturer. In this instance, the materials used would less expensive and lower quality as oppose to those of other manufactures. The lower quality material and craftsmanship resulted in a faulty product that could cause death to users through drowning. Naturally, the manufacturer could… [read more]


Australian Corporations Law Director's Duties Case Study

Case Study  |  4 pages (1,137 words)
Bibliography Sources: 4

SAMPLE TEXT:

AUS Corp Law

HP Case Qs

Assuming the facts of this case as presented are true and that there was no deception on the part of any party mentioned in the case, the breach in this case is limited to one individual and one specific decision/action (or inaction). Of Hampton Park Ltd.'s four directors, only William appears to be in a position that would normally be expected to have relevant and up-to-date information regarding the company's financial position and decisions (Gail is mentioned but not described, so it can be assumed that her role is as limited as Jack and Susan's), and while this does not in and of itself limit the liability and the responsibility of the non-managing board members it does, in the given set of circumstances, limit their liability and thus the consequences of any breach and even makes the existence of a breach of duty questionable. Even William, as will be shown, could make a plausible case that he did not breach in his own duty and an even stronger case that liability for any breach in regards to the actions described in the case does not attach. Instead, the breach and any resultant liability fall solely on the shoulders of non-director but chief financial officer George, who failed to remain informed regarding changes to dividend calculation and who failed to inform the board of relevant information in a timely manner.

Though board directors are tasked with the responsibility of making inquiries with relevant officers and employees and taking steps in ensuring the accuracy and rectitude of the information and actions taken, they are also explicitly freed from liability by their right to rely on others.

This includes, "an employee whom the director believes on reasonable grounds to be reliable and competent in relation to the matters concerned."

HP chief financial officer George is unquestionably an employee that matches this description; again assuming all representations made by individuals in the case were made in good faith and were honest/accurate, then George is an experienced financial officer who is quite competent in determining appropriate courses of action and to unquestionably had access to reliable information in regards to the decision(s) under question in this case. His assurance that the paid dividends were reasonably established under profit reportable under the Australian Corporations Act Section 254t had no reasonable reason to be doubted even if the company's financial situation as a whole was deteriorating. The only instance of any wrongdoing and potential breach, in fact, appears to be George's failure to inform the board of changes to the accounting/financial constraints and requirements for the payment of dividends. Again, assuming that the dividends would have been legally payable under the original Australian Corporations Act of 2001, as is indicated by the facts of the case as given, the board would have no reason to question George's information or assessment of the company's dividend-paying capabilities. George's failure to remain informed rests squarely with him.

Section 254t of the Australian Corporations Act… [read more]


Global Business Current Business Events and Their Essay

Essay  |  7 pages (2,292 words)
Bibliography Sources: 12

SAMPLE TEXT:

Global Business

Current Business Events and Their Implications on Australian Business

Two recent events and their analysis have implications on Australian government and businesses operating here and internationally. The first is the continual struggles to get an IBM payroll and financial management system to operate correctly as part of Queensland Health's payroll system. In the article Contract Signed Before Payroll… [read more]


Google Groupon the World Essay

Essay  |  4 pages (1,297 words)
Style: APA  |  Bibliography Sources: 5

SAMPLE TEXT:

" Eventually the people at Google did come back in late 2012 where the deal is currently stalled.

In mid-December 2012 the financial world began to see the effects of this near-deal and the ramifications that were presented by this movement. Lachapelle (2012) explained what happened during this time. She argued that "Instead of selling to Google for $6 billion in 2010, Chicago-based Groupon chose to go public last year. While the shares surged 23% on Dec. 7 amid speculation Google might still be interested, a bid isn't likely given Groupon's slowdown and because Google may find it cheaper to invest more resources in its own coupon business."

The mere rumor of this merger sent the market into an interesting period. The implications of this merger on stock prices began to show what this potential move might mean. Lachapelle (2012) claimed that "After initially winning a market capitalization exceeding Google's offer, Groupon's stock has lost 79% since its debut amid accounting missteps, more competition and growth that failed to meet expectations. The shares fell to a price-sales ratio of 0.7 on Nov. 13, a record low, according to data compiled by Bloomberg." Wilson (2012) also added that "Groupon currently has significant cash amounting to $1.2 billion on its balance sheet coupled with almost $820 million merchant payables and accrued expenses. This leaves net cash of ~$400 million for Google if it acquires Groupon. Also, we need to factor in the benefit of $600 million in form of accumulated tax losses for Google once the transaction in complete."

Recommendations

Mergers and acquisitions rarely work out in all stakeholders' benefit. In this case there seems to be no real winner in this deal. The net present value of Google, the difference between the present value of cash inflows and the present value of cash outflows would not see any positive change in this case. Groupon, on the other hand is a company in dispair and is reeling since this failed merger attempt. The NPV of Groupon continues to fall, making the merger that more unlikely.

Coontz (2004) shed light on the economic impact of mergers and acquisitions on acquiring firm shareholder wealth. His review of this subject suggested that this deal would not have worked out for either sides' stockholders. He claimed in his study that "I find that, on average, merger or acquisitions, in the 15 firm sample, do not, on average, improve shareholder wealth of the acquiring firm; rather, it actually decreases it. This is important be-

cause the function of a company is to make money and transfer the profits to the stakeholders and risk takers of the corporations, the shareholders. If the goal is to maximize shareholder wealth, why would a corporation want to merge or acquire another firm if data suggests that it actually worsens shareholder wealth? " (p.69).

There is too much risk today for Google today to complete this deal and I would recommend for Google to avoid it. Groupon, as a surviving company and… [read more]


Entrepreneur Description of the Business Research Paper

Research Paper  |  6 pages (1,591 words)
Bibliography Sources: 1+

SAMPLE TEXT:

It will be important to be in communication with officials in case the regulatory environment changes. As a result, the company should be able to perform well in inspections and avoid legal actions that could destroy the company.

There is also the tax code to consider. With flow-through profits, the taxation will be handled on the principle's person return. However, to ensure full compliance with accounting regulations, the company will pay a retainer to an accounting profession who can ensure that the statements and tax documents are prepared in full compliance with the law. The principle will also be familiar with the applicable regulations to ensure that there is a minimal amount of problems.

The Sarbanes-Oxley Act applies to publicly-traded companies (Sarbanes-Oxley Act, Sec. 408). In fact, some companies sought to go private to avoid the liability that the CEO and CFO face under SOX. For this business, Sarbanes-Oxley is not particularly relevant.

For the most part, any decision that the business makes should be guided by strategy. There are few decisions that would emphasize strategy at the expense of legality. However, having an understanding of the legal and regulatory environments will ensure that any regulatory red flags are raised prior to the decision being implemented.

Works Cited:

IRS.gov. (2012). Limited liability company (LLC). IRS.gov. Retrieved March 17, 2013 from http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Limited-Liability-Company-%28LLC%29

Johnson, S. (2007). What if IFRS replaced GAAP? CFO Magazine Retrieved March 17, 2013 from http://www.cfo.com/article.cfm/9634508/c_3395216

Sarbanes-Oxley Act of 2002. Retrieved March 17, 2013 from http://fl1.findlaw.com/news.findlaw.com/cnn/docs/gwbush/sarbanesoxley072302.pdf

Zanzig, J. & Flesher, D. (2005). GAAP requirements for nonpublic companies. CPA Journal. Retrieved March 17, 2013 from http://www.nysscpa.org/cpajournal/2006/506/essentials/p40.htm… [read more]


Business Plan for a Software Business Plan

Business Plan  |  10 pages (2,626 words)
Bibliography Sources: 1+

SAMPLE TEXT:

3. Promotional Strategies:

Nerd Patrol is a purely service oriented company in the Information Technology industry. In addition to a large number of potential individual customers, the significant portion of Nerd Patrol's target market constitutes high profile businesses from almost every type of industry. Therefore, it will have to promote its services in all the major promotional and advertising mediums… [read more]


Business Plan for Freelancer Website Business Plan

Business Plan  |  25 pages (6,848 words)
Bibliography Sources: 25

SAMPLE TEXT:

Before starting up a freelancer website, the owners will have to conduct a full-fledged environmental scan of the freelance business industry in order to operate the website in an effective and profitable fashion (Allen, 2012). The major environmental forces that can affect the business operations and profitability of freelancer website include political and legal forces; economic forces; social and demographical… [read more]


IT Management Challenges Business Process Research Paper

Research Paper  |  10 pages (3,024 words)
Bibliography Sources: 5

SAMPLE TEXT:

Nevertheless, the value chain does not explain the number of service oriented businesses in operation. Businesses can develop additional concepts of value network and value shop in order to handle different businesses (Cunningham & Froschl, 2009).

Businesses must be aware of the value that networks rely on growth for attracting additional customers. When there is an increase in the numbers… [read more]


Business Plan Costs Preparing Documents Business Plan

Business Plan  |  5 pages (1,480 words)
Style: APA  |  Bibliography Sources: 5

SAMPLE TEXT:

To minimize the overhead costs so that our customers could take advantage of the savings.

2. To work according to the philosophy that our customers are always going to be our top priority.

3. To never be satisfied with the status quo

4. To make use of material that is of the highest quality.

5.

7. Vision Statement

It is… [read more]


Business Proposal Food Emporium Business Proposal

Business Proposal  |  4 pages (971 words)
Bibliography Sources: 0

SAMPLE TEXT:

For example, free training sessions can be conducted in schools about the benefits of eating healthy and at the same time this will help build awareness of the organization. Furthermore, children will be a key demographic as well as young parents and professionals.

Since the food services industry is so competitive and there are so many competitors it is unlikely that the company will be able to capture a large portion of the total market. The world foodservice industry is expected to reach almost $992 USD in 2014. As a result, this industry it doesn't require a large market share to be profitable. A small fraction of a percentage will be all that is necessary to make the model work. Furthermore, the market is already flooded with competitors so competition will be high however the Food Emporium will be competitive because it offers a fresh perspective on food preparations. If the business is able to capture one percent of market share within the first three years then it will be a tremendous success.

There are many barriers to entry that include items such as location, supply chain development, and marketing. The business model has already been developed in foreign markets and it has proven to work. However, there may also be some cultural barriers that the organization might encounter in Kuwait. Yet these barriers can be overcome by educating the consumer base through effective advertising. The model is so unique to the area that it should also receive a great deal of word-of-mouth advertising. The company must also be able to find a suitable location as well as develop a supply chain that can offer the freshest food and produce sources. Local vendors will be given preference in developing the supply chain.

The business plan estimates that it will require one and a half million dinars to fund the organization through its first three years of operations. This will include the entire construction as well as sufficient operating capital to cover expenses such as payroll. The total breakeven period on the initial capital investment is estimated to be roughly six years. Once the project is approved, there will be six months needed to develop the floor plan and select the contractors who will construct the various elements of the shop.

Year

1

2

3

4

5

6

Cash flows

-1500000

200000

300000

400000

500000

600000

Net

-1500000

-1300000

-1

-600000

-100000

500000

The vendors for the equipment and the kitchen areas will also be selected during this period. After construction is completed, it will require another three months to hire and train a staff that can service the customers in a knowledgeable and effective manner. Within a ten-year period the model could be expanded to other locations using a franchise model. However,…… [read more]


Business Plan of Searchyyy.com Business Plan

Business Plan  |  7 pages (2,289 words)
Bibliography Sources: 0

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Technology implementation

Chief Technology Officer will be hired as well and would be accountable for the IT support function and all technology related issues faced by the Company.

Intellectual property

Intellectual property (IP) is a legal theory which refers to recognizing of exclusive rights. The company will be properly registered with all legal bindings. A proper consultant will be hired… [read more]


Equipment Needed Market Analysis Situational Business Plan

Business Plan  |  11 pages (2,979 words)
Bibliography Sources: 5

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Promotion:

The following promotional measures would be adopted,

1) Brochures: Various promotional tools will be used for the product. The primary one in this regard would be the pamphlets. Pamphlets are a relatively economical form of promotion and they generate good word of mouth.

2) Facebook page: Facebook Advertising has grown in popularity and created quite a stir when it… [read more]


Business Plan for the Farmery Business Plan

Business Plan  |  15 pages (4,066 words)
Bibliography Sources: 15

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Business Plan

Product Description

Market Analysis

Demographics

Regulatory Environment

Competition

Marketing Plan

Market Penetration Strategy

Advertising Media

Management Plan

Company Organization

Company Philosophy

Personnel Policies

Training

Record Keeping

Manufacturing Plan

Financial Pro-Formas

Risk Analysis

The Farmery is a startup venture in Raleigh, NC. It combines a small greenhouse and mushroom production operation with a retail outlet. The company is focused… [read more]


Starbucks Downsizing USA Impacts Global Essay

Essay  |  3 pages (1,071 words)
Bibliography Sources: 6

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The governmental hurdles for instance have prevented the coffee company from opening stores in the Forbidden City (The Economist, 2007).

Upon entering China, Starbucks implemented the market expansion strategy, through which it sold its already existent products onto new markets. It conducted research and an important challenge was represented by the low levels of coffee consumption in China. Then, it entered the market through partnerships with local food and beverage companies (Yeh, 2006).

From a strategic standpoint, emphasis has been placed on issues such as:

The replacement of aggressive branding with the creation of a powerful store experience; the stores were as such placed in highly populated and visible areas (Wang, 2012)

The creation of a new product line, inspired by the local culture, from coffee beans grown in Yunnan (Haoting, 2009).

3. Impact of downsizing

The downsizing process commenced by Starbucks in the United States has yet to reveal its long-term impacts upon the company's stability in the domestic and the foreign markets. Still, at this level, it is expected for some negative effects to be felt in terms of the corporate expansionist effort into China. The more notable example in this sense is represented by the damaging of the organizational image, which would then result in less trust being felt by the Chinese stakeholders. For instance, the Chinese government could come to further restrict the company's operations in the country for fear of failure. Then, the employees could also fear the loss of their jobs, and their morale and performances would decrease.

4. Conclusions

Starbucks is one of the largest and most successful companies in the world and it has ensured this leading position through a combination of powerful management and business models adapted to meet customers' needs and wants. Today, Starbucks operates globally, with emphasis falling on expansion in China, due to the great potential of the Chinese customer base.

The expansion strategy in the country is impacted by the features of the local market place, such as ambiguous legislations or different customer behaviors. Still, the company is committed to increasing its stores to 1,500 by 2015. An impediment in this plan could nevertheless be represented by the downsizing process commenced in the United States, which could decrease the trust of the Chinese stakeholders.

References:

Fowler, G.A. (2003). Converting the masses: Starbucks in China. Global Policy Forum. http://www.globalpolicy.org/component/content/article/162/27615.html accessed on October 24, 2012

Haoting, L. (2009). Starbucks pushes China sales with local brew. China Daily. http://www.chinadaily.com.cn/business/2009-02/05/content_7447136.htm accessed on October 24, 2012

Yeh, A. (2006). Starbucks aims for new tier in China. Financial Times. http://www.ft.com/cms/s/0/fcad320e-9cd3-11da-8762-0000779e2340.html#axzz2ACFNt6rq accessed on October 24, 2012

Wang, H.H. (2012). Five things Starbucks did to get China right. Forbes. http://www.forbes.com/sites/helenwang/2012/08/10/five-things-starbucks-did-to-get-china-right / accessed on October 24, 2012

(2007). The Forbidden latte. The Economist. http://www.ft.com/cms/s/0/fcad320e-9cd3-11da-8762-0000779e2340.html#axzz2ACFNt6rq accessed on October 24, 2012

(2011). Starbucks celebrates its 500th store opening in mainland China. Business Wire. http://www.businesswire.com/news/home/20111025006612/en/Starbucks-Celebrates-500th-Store-Opening-Mainland-China accessed on October 24, 2012

Starbucks goes to China. ABRS. www.abrs.net/financial_web/Starbucks%20Goes%20to%20China.doc accessed on October 24, 2012… [read more]


Country E-Commerce Research Paper

Research Paper  |  2 pages (568 words)
Bibliography Sources: 3

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Country e-Commerce

The Indian e-Commerce Market for S3 (Ski, Surf, Skate)'s Products

The Indian e-Commerce market is projected to grow from $89B in 2009 to $122B in 2016, with the B2B e-commerce market comprising 34% of the total market at the end of the forecast period (Bandyopadhyay, 2011). Of the three areas of e-commerce including Business-to-Consumer (B2C), Business-to-Business (B2B) and Consumer -- to-Consumer (C2C), B2B continues to accelerate the fastest of the three based on the continued role of India as a global business process outsourcer. For S3 (Ski, Surf, Skate) Products the greater immediate value of e-commerce is in streamlining their value chain over the short-term and using in-country expertise to grow their customer base over the long-term.

Analysis of the Indian e-Commerce Market

The Indian e-commerce market has long had the constraint of a lack of infrastructure yet a high need for greater levels of cross-channel and cross-industry integration at the process level (Gupta, 2001). The challenges for S3 (Ski, Surf, Skate)'s Products is to find the right balance of B2C, C2C and B2B sites to ensure the success of their business in India. Clearly the market is growing quickly enough and has the profitability to support new ventures. The Indian governments' pro-business attitude continues to make e-commerce joint ventures and foreign direct investment (FDI) of all forms welcome in the nation (Bandyopadhyay, 2011).

The leading B2C websites include Myntra.com, Fashion&You, SherSingh and SnapDeal are among the largest websites in this category. There are over two thousands B2C websites in the country as well, many of them based on Indian-specific supply chains (Bandyopadhyay, 2011). S3 (Ski, Surf, Skate)'s Products needs to realize these B2C retailers are concentrating on creating a highly effective…… [read more]


Bill Gates: A Successful Business Term Paper

Term Paper  |  8 pages (2,507 words)
Style: APA  |  Bibliography Sources: 8

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This change strategy was the result of Bill Gates' vision which made him think beyond the industry patterns and introduce something very unique to the world of Information Technology. Thus, each and every computer program which Microsoft has introduced so far was either based on customers' current needs and requirements or an innovative idea which Bill Gates introduced to create… [read more]


Organization Behavior Business Model Development Research Paper

Research Paper  |  11 pages (4,070 words)
Style: Harvard  |  Bibliography Sources: 11

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National Aeronautics and Space Administration (NASA) has specifically designed the regulatory policies for businesses in this industry so that they meet the minimum criteria for operating in the industry and contribute towards the economy and overall Global aerospace industry.

Human Resource Planning:

The human resource needs for the company are also becoming more and more complex day by day. Whenever… [read more]

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