What is leadership? Many people believe that leadership is simply being able to get individuals to work towards a common goal but leadership is more complex than that. Leadership can be defined in many ways. One definition of leadership is that it is how an individual utilizes influence over other people by inspiring, motivating and directing their activities to help...
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Murphy, S., indicated in his work that “the risk management is comparable to that of the immune system”. Considering that is not a thing or a part of something, but it is co-existing with each other like that of an organ or a part of it. Connecting into a larger organ or organization that must be able to go beyond...
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Introduction In the past decade, Pakistan has increasingly turned to China for financial assistance, primarily through the China-Pakistan Economic Corridor (CPEC). This partnership has facilitated infrastructural development across Pakistan, promising economic rejuvenation. However, it has also sparked a debate regarding the sustainability of Pakistan's burgeoning debt to China. Current estimates suggest that a significant portion of Pakistan's external debt is...
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Research suggest that educators implement techniques like coaching and mentoring to help their students achieve higher levels of efficacy, which link with superior academic performance (Jain, Chaudhary, & Jain, 2016). Moreover, Dimotakis, Mitchell, and Maurer (2017) argued that assessment and feedback are important for the development of self-efficacy, but cautioned that assessment centers often require investing resources that may be...
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Water Pollution Encylopedia Britinnica defines “Water pollution is the release of substances into subsurface groundwater or into lakes, streams, rivers, estuaries, and oceans to the point where the substances interfere with beneficial use of the water or with the natural functioning of ecosystems. In addition to the release of substances, such as chemicals or microorganisms, water pollution may also include...
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Fast fashion is a term used to describe inexpensive clothing produced rapidly in response to new trends. With exponentially increasing demand by consumer-driven production of cheap clothing, such prices are kept low through outsourcing manufacturing in low-income countries. Unsustainable garments are produced in a complicated process that requires an inordinate amount of resources. Due to the poor quality of mass-produced...
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Hurricane Barry took place July 11th-19th, 2019 primarily in Marsh Island, Louisiana and in Intracoastal City, Louisiana. These cities lie near a Latitude of 29.3 North and Longitude of 91.9 West (AccuWeather 2019). Although Hurricane Barry is mostly known for its large impact on the central coast of Louisiana, other states such as Alabama, Arkansas, Florida, and Mississippi, also suffered...
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Offline and online retailing will soon become completely integrated into one. This will mean that one will not be able to do without the other. In the fast-moving world, Alibaba Group has been able to emerge as the biggest e-commerce company in the world. They made the shift to data company due to the integration of online and offline retailing....
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All over the world, companies have to face new challenges, opportunities and risks because of globalization, intense competition, new technology improvement and market structures changes. As financial institutions before, non-financial corporations have just realized that risk management is becoming essential and be part of the good financial health of firms. Non-financial corporations core business involves the production of goods and...
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This essay will explain the concept of fast fashion and its detrimental impact on economic and social wellbeing; focusing on its role in clean water and sanitation, as outlined under SDG 6 of the UN international conference of 2008. The term fast fashion is one that has, “an approach to design, creation and marketing of clothing that emphasizes making fashion...
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This chapter forms our bases of our study which is on the impact of foreign direct investment on economic growth in Kenya. Literature that relates to the study is viewed to identify the gaps in the knowledge. Theoretical and empirical literature is viewed through assessment of the various theories on foreign direct investment on the economic growth in Kenya. Besides,...
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Monte Carlo simulation is a method used to estimate risk involved in the occurrence of an event. Ideally one will be presented with several alternatives to perform certain task, and by the use of Monte Carlo simulation informed decision can be made choosing the correct or the most convenient course of actions. The mechanism of Monte Carl simulation is a...
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Introduction Organizational behavior is majorly a study of the way people act in their workplace. Public administrators and managers usually learn organizational behavior to help them understand employee motivation from different perspectives, such as engaging the staff members, managing bosses, and working with the public behind the scenes. Many theories of motivation have been formulated by theorists to create mechanisms...
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It should already be a red flag that there is a well-known term in the fashion/consumer industry called “fast fashion”. Similar to the concepts found in the fast food industry (and literally McDonald’s), fast fashion is there to keep up with the demand of American consumers and their ever changing tastes. As for efficiency, defined as “the minimization of time...
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Have you ever been through something so traumatizing and devastating that it gave you nightmares? One of my worst experiences was of hurricane Katrina. Everything was unexpected from the time we were informed, during the storm, and even the aftermath. One thing I can say is that it was one unforgettable experience. One beautiful morning I was sitting in the...
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The definition of leadership is an ever-evolving theory. This report aims to critically discuss Vicere and Fulmer’s (1997) suggestion that ‘it is a new world for strategic leadership development’ and identify whether this statement remains true in the current business world through the lens of the national health service (NHS). In order to understand where leadership is heading, it is...
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The Greek Debt Crisis was caused by both internal and external factors. The heavy government spending such as the workers being entitled to an additional month’s pay in December to help with the holiday expenses, lead to dramatic increase in borrowing requirements and high levels of accumulated public debt. Due to low productivity, gradually reducing competition and increase tax evasion,...
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Measuring the capital at risk in the portfolio investment under the extreme scenario plays a vital role to enable the traders to foreseen the potential maximum capital loss at a particular time frame. The Value-at-Risk (VaR) is extensively adopted by the numerous financial institutions, investors and creditors as a risk assessment method to measure the maximum capital loss to an...
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Introduction Opportunity cost is a fundamental concept in economics that plays a critical role in business decision-making. It refers to the benefits a person, investor, or business misses out on when choosing one alternative over another. This concept is pivotal in ensuring that limited resources—like time, money, and labor—are allocated efficiently to maximize potential returns. In business, opportunity cost is...
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Preparing for the worst is essential to running a successful food business. Before anyone can open the doors to a new business, it is imperative to reduce the likelihood of a serious accident or a liability lawsuit by conducting a restaurant risk analysis. A comprehensive risk management plan can reduce the likelihood of these risks because every business endeavor comes...
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Organization which need to develop a L&D strategy, requires to get involved with a range of organization’s stakeholders to ensure the strategy is aligned with organizational objectives and priorities. When it comes to management and leadership development strategies, Organizations have a variety of choices to make which range from formal to the informal, and from those that are organization-directed to...
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Leadership is something that many aspire to, but few achieve in full measure. It has been defined as being a combination of charisma, integrity, determination, flexibility, resourcefulness, creativity, self-confidence, a sense of responsibility, the ability to communicate, and consistency. George Washington had all these qualities, and it is therefore somewhat ironic that although he was truly a great leader, he...
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Clean, fresh water is a valuable natural resource that ensures the survivability of the nation. Despite having 6% of the world’s water resources, Indonesia’s management and environmental policies have not only been raising concerns but also pushed the country to the brink of water crisis (“Indonesia’s water and sanitation crisis”). In their 2019 study, Rahim and Soeprobowati aimed at finding...
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The downstream oil and gas industry has faced an extremely difficult challenge over the past few years from 2015 to 2017. How were companies in this industry going to survive while the average selling price for a barrel of oil was twenty dollars, and the business models for many oilfield companies had been built on selling barrels of oil at...
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Introduction In the contemporary landscape of organizational development and strategic planning, the intersection of generation games and risk management has emerged as a fascinating area of study. Generation games, often portrayed through interactive simulations and strategic planning exercises, play a pivotal role in understanding the dynamics of decision-making across different age cohorts. These games serve as a microcosm of real-world...
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Every day we are faced with the obstacle of making choices that range from what delicious recipe to make to what career path would be the best for my future. Each choice that we make has an opportunity cost and either takes an economic toll on us or reaps a reward. Our lives are constantly influenced by economic trends such...
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This is a question that inevitably arises in the mind of anyone who studies, even on a casual basis, the founding of our nation. Washington lived and worked with brilliant philosophers, thinkers, writers, orators and organizers, such as Franklin, Mason, John and Sam Adams, Jefferson, Patrick Henry, Hamilton, Madison, Dickinson, the Randolphs and the Lees, almost all of whom were...
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Burger King’s communication objective is to increase the company’s sales by targeting the super fan customers who happens to be young men. These activities are also geared towards ensuring shareholders’ satisfaction, in addition to increasing the company’s share value. To achieve these communication objectives, the organization has put in place plans to communicate and promote products to its target customers....
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Introduction Strategic Human Resource Management (SHRM) has evolved as a significant dimension in the landscape of organizational management, emphasizing the alignment of human resource policies and practices with the strategic goals of organizations. The central tenet of SHRM is to foster a proactive and integrated approach in leveraging human capital to gain a competitive edge. However, this strategic alignment is...
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The idea of Economics is present everywhere in our society. Through our lives, the things around us directly relate to our economy. Music is one of the many areas that play a large role in our lives. For me, the song “Opportunity Cost” by G-Eazy is solely about economics and the way that we need to learn how to balance...
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