Introduction Taylorism, also known as scientific management, is a management theory developed by Frederick Winslow Taylor in the early 20th century. This theory emphasized efficiency, standardization, and the systematic study of tasks to enhance productivity. Taylor's innovative approach revolutionized industrial practices by introducing methodical worker training and rigorous time management. The principles of Taylorism have permeated various sectors, significantly influencing...
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I chose to document because I find Google’s work environment very fascinating and it has one of the highest employee retention rate. It has won the award ‘Best Company to Work for’ by both Fortune magazine and the Great Place to Work Institute a total of 7 times. It also received this accolade in 2017. This is no accident; Google...
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Ebay made its debut in the late 90’s positioning itself to satisfy a consumer trend. Like many successful businesses, they focused heavily on the interests of their consumers. In the mid 90’s there was a stuffed animal called Beanie Babies, each had a cute name and biographical tags, telling you everything you needed to know about that inanimate stuffy. Up...
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The importance of having a disaster recovery plan in organizations cannot be overstated. Regardless of industry, when disaster takes place, it brings the day to day operations of an organization to a halt. A weak hurricane can cause devastation throughout a state by creating storm surges which will overflow river banks and sewage systems. These impacts can affect the delicate...
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First off, I love Apple products I think they found a good balance between design, performance, and size/weight, which are all important to me. I have a powerful gaming PC at home, so my dream computer would be a laptop over a desktop. I would like to be able to take it to classes and coffee shops where I do...
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Strength and growth come only through continuous effort and struggle – Napoleon Hill. Amazon being a giant eCommerce company has now become every internet businesses’ icon and inspiration. The company which was founded by Jeff Bezos in the year 1994, have gone through continuous innovation and multiple investments that led to the company’s success in today’s global setting. In the...
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Zara Zara could be a Spanish vesture and accessories complete and could be a extremely recognized complete of the Inditex cluster. Few vesture brands invariably update with the information of the most recent fashion and continue with it. they're of upper quality and nevertheless, affordable. Zara had ab initio started off as atiny low store in Espana and is currently...
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HUCAPADJ is a service business that offers haircuts for various reasons and occasions. It is a barbershop that has been active for the past 4 years and earns an estimated amount of Php 400,000.00 per month. The business intends to purchase or develop Customer Relationship Management (CRM) software and develop and implement a customer service training program. The customer service...
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The expansion of international trade and modern technology has assisted organizations around the world in the creation of large supply chains that have helped them compete with their rival companies across the world. In the business world, every detail can make a difference, and when innovation is brought into operation, it plays a crucial role in getting a competitive advantage...
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When it comes to earning the loyalty of repeat customers, strong branding is essential. The visual element of your brand identity plays a critical role in driving consumers to your door. This is not, however, where the power of branding stops. Branded items, including customized apparel, can go a long way in building a strong company culture amongst employees and...
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The capital structure has its impact on cost of capital which influence the earning of the firm, investment decision, value of the firm, operating efficiency, earning available to shareholder etc. the controversy is found in various theories formulated, the time period, the selection of the companies and sector companies on which studies had undertaken forms the research gap for the...
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If you’re a small or medium sized business struggling with cash flow problems you are absolutely not alone, but there are steps you can take immediately to take back control of your finances. No business, large or small, wants to have to worry about where their next dollar is coming from, especially if there are plenty of payments in the...
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McDonald’s Corporation is an America-based fast-food chain that was formed back in 1940 by Ray Kroc and now it’s a market leader. The business model is a fast-service restaurant with several franchises operating globally. They sell products such as cheeseburgers, Big-Mac, fish fillet burgers, wrap sandwiches, happy meals, salads, French fries, McNuggets, McFlurry, cold and hot beverages and many more....
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Globalization has many impacts in the world such as the advances of infrastructure, technologies and telecommunications. Those advances create a high competition among business industries. To compete within its market and customer, business industries must build a strong brand and creatively utilize various marketing tools. Marketing tool that is currently popular and effective can be identified as product placement that...
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Most of the cinema production cost are covered by product placement. In cinema, product placement has grown significantly over recent years. However, with so much money spent, there is very little known facts about the effectiveness of the practice in the cinema. Various research have been conducted in this topic. In one study, the communication effects of the product placement...
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Introduction Google, a subsidiary of Alphabet Inc., is a cornerstone of the modern digital landscape, renowned for its search engine, technological innovations, and extensive digital services. Founded in 1998 by Larry Page and Sergey Brin, Google has evolved from a simple search engine to a diversified technology giant operating in numerous domains, including hardware, software, and digital advertising. As of...
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Nowadays, a rising number of international leisure tourists seem to be willing to choose a destination with high environmental health quality. Also, the diversity and integrity of the destination’s natural, cultural resources, and environmental considerations are now as the more significant features of tourists’ destination-choosing process (Hudson and Hudson, 2010). On the same time, the growing global population and unsustainable...
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In this essay we’ll be deconstructing what a balance sheet is, and how to make and maintain your own. There are three essential components that need to be listed on a balance sheet: assets, liabilities, and owner’s equity. Assets refer to what your business owns and their financial worth. Conversely, liabilities are what your business owes and how much. Finally,...
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The newspaper has a long and storied history, with major advancements throughout human history. Mass media as a whole has developed gradually over time, but the newspaper was the first medium for spreading news and advertising to the public. While technologies like radio, television, and the Internet developed later in time, newspapers still exist and are widely read around the...
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In the second decade of the 21st century, with research and development carried out in every field and innovative and improved method or processes are being introduced along with the increase in knowledge and information in those fields. As a result of this increase in knowledge and information and processes, for a company, it is necessary to adapt to these...
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In the 20th and early 21st centuries, General motors' company, formerly knew as General Motors Corporation was a big auto maker of the world and historically had been the largest and successful. It built some of the famous and classic vehicle during his days of glory, vehicle which portrayed modesty and displayed class consumers who range from working class to...
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Even after the emergence of cross-border business world, the advent of ‘culture-free’ business practices has yet to be transpired that brings with itself the complexities are associated with distinct values and beliefs in spite of the growing interdependence among countries. Both India and China are the countries with great diversity with substantial regional, cultural and religious variations across the country....
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Technological development has had a strong impact on the way society communicates particularly with its growth in the last few years. From the invention of the telegraph and the telephone to the advent of the internet, technology has given people the tools to not only keep in touch with each other but also express their feelings and opinions to a...
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In today’s world financial assets are very valuable. A financial asset can be described as a liquid asset that gets its value from ownership claim. Examples of financial assets, according to James Chen, include: cash, stocks, bonds, mutual funds, and bank deposits (Chen). Imagine not having to work as hard but still being able to bring in a hefty annual...
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When companies compete in the economic market, there will always be threats of risk and uncertainty. Although the two phrases sound like they are similar, they are quite different. The difference between the two is the fact businesses are able to measure risk and control it. Risk is the chances of either gain or loss of something important. Uncertainty on...
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Meru Cabs introduced organized rental cab service in the Indian market in 2004. It soon became popular amongst consumers in urban or metropolitan areas. However, the real revolution came in 2010 with the introduction of app based cab aggregators. OLA was launched in 2011 and Uber followed in 2013. With technological advancements and door to door service becoming the industry...
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Johnson & Johnson is an American multinational corporation that was originally founded in 1886 by three brothers: Robert, James and Edward Johnson. Initially they only specialised the first antiseptic wound treatment, the company has since grown and become one of the largest and most well-known companies globally (jnj.com, 2019). Johnson and Johnson has over 250 different companies located in 60...
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Summary Business strategy of AT&T AT&T are industry leading provider of wireline voice communication services in U.S through subsidiaries, affiliates and operating companies. In addition to this they provide telephone, Internet, voice, IP services. They provide corporate sector clients with services like conferencing, managed network and wholesale communication. AT&T prime focus is to provide high quality innovative products that helps...
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Apple is undoubtedly one of the most prestigious companies in the world, but behind the great success they have had, hard work is hidden by its founders Steve Jobs and Steve Wozniak, since they were people with few resources and with a dream that which over time they could get little by little. The key to the ascent of this...
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Company Overview Nike manufactures athletic apparel and equipment. They produce tennis shoes, cleats, performance clothing, etc. Their main competitor, especially in North America, is Adidas. Some other competitors are Reebok, Under Armour, Oakley, and even Crocs. In Nike’s previous fiscal year which ran from May of 2018 to May of 2019, they brought in a total revenue of almost $36.5...
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