Business essays

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Prudential Investigation at the Commonwealth Bank of Australia

5 Pages 2205 Words
The prudential inquiry into Commonwealth Bank of Australia which delivered its final report in April 2018 identified three types of problems, they are as follows. Governance The first type of problem mentioned in the report is governance. Governance can be defined as the way in which decisions are made. This means how the financial objectives, values and strategic priorities undertaken...

CSR Analysis of Volkswagen Car Company

1 Page 592 Words
CSR is the social responsibility a company talks on board during the expansion of their business. These responsibilities may include environmental protection, helping the surrounding community, or how the employees are being treated. Some companies reach certain size and start to disregard these responsibilities because of the way I can bring extra cost to their company. One of these companies...

The Affect of Power and Political Factors on Costco's Business

1 Page 665 Words
Costco Known as Costco Wholesale Corporation is one of the well-known retailers in the world that supplies more than a million quantities of goods in a discount amount meeting customers satisfaction (Lewis, 2009). Costco has it’s own organization polices with the main objective to bring our customers to the most affordable costs on quality brand-name (Lewis, 2009). With many areas...

Lego Brand Structure Overview and PESTLE Analysis

3 Pages 1137 Words
Lego is the world’s and most profitable and successful toymaker (Bhattarai, 2020). “Lego is a Danish company, best known for the production of Lego-brand toys which consist of interlocking plastic bricks” (Barakaat, 2019). Since it was founded in 1932 the brand has made innovative and ground-breaking designs to entertain children, and others worldwide. The iconic brand has a major influence...

Implication of Trends on Business Analysis

5 Pages 2065 Words
A business systems analyst (BSA) can be described as someone who undertakes business analysis tasks as stated in the BABOK Guide. A BSA is responsible for finding, extracting and interpreting information from a range of business sources including tools, procedures, documents and stakeholders. A BSA ensures that the requirements of the stakeholders are well elicited. This involves examining and articulating...

Cost Accounting as a Form of Management Accounting

1 Page 534 Words
Management accounting is an analytical system that produces outputs using inputs and processes that to be implemented by the system to achieve specific management objective and transfers inputs to outputs that meet the system objectives. Management accounting system has three broad objectives: 1) provides information on the cost of products, facilities and other management matters of concern; 2) special scheduling,...

Analysis of Toyota's Business Strategy

7 Pages 2974 Words
Toyota Motor Company was founded in 1937, in 1950 Toyota Motor Sales was created and finally they merged into Toyota Motor Corporation in 1982. The headquarters of the company are located in Toyota City, Nagoya of Aichi Prefecture and Tokyo, Japan. Later on, in 1984 General Motors (NUMMI—the New United Motor Manufacturing Inc.) made a joint venture with Toyota, which...

Analyzing Network Resilience in Manson's AT&T Review

2 Pages 887 Words
Introduction In the rapidly evolving landscape of telecommunications, network reliability stands paramount for both consumers and service providers. Charles Manson's article, "AT&T Outage and Network Reliability," delves into the critical issue of network outages and their implications on service reliability. This piece provides an insightful examination of the recent service disruptions experienced by AT&T, analyzing both the technical causes and...
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Analysis of the Connection Between the Baby Boom and the Stock Market

3 Pages 1408 Words
The impact of a changing demographic structure on the price of financial assets, especially stock prices has been the subject of extensive research and discussion for some time (Quayes & Jamal, 2014). Data gathered from the U.S Census estimated there were 65 million US born baby boomers accounting for more than 20% of the US population in 2014 (Colby &...

The Features of Radical Transparency in Australia

4 Pages 2010 Words
Radical transparency is a term used in various fields, including business, software design, politics, and governance, to refer to approaches that radically increase the openness in a specific process or data. It is also a method that utilizes vast networked information to reveal previously confidential information. In the 21st century, radical transparency has been incorporated into the public through the...
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Tesla's Leverage Dynamic Capabilities to Succeed

4 Pages 1691 Words
Professor David J. Teece explains that ‘dynamic capability’ is “the firm’s ability to integrate, build, and reconfigure internal and external competences to address rapidly changing environments”. The basic assumption of this framework is that core competencies should be used to modify short-term competitive positions that can be used to build long-term competitive advantage (David J. Teece). Ambidextrous organisations, such as...

Australian Business Expanding to Singapore: Opportunities & Limitations

5 Pages 2338 Words
Singapore is an island with a 5.6 million multicultural population and located at the southern tip of Malaysia. Singapore imports 90% on food consumption. This is because Singapore owns limited land available for agriculture and the people mostly depend on the external sources for agriculture products. Also, the export of agriculture products to Singapore helps for good opportunities for international...

Internal Control Strengths and Weaknesses

1 Page 510 Words
In this essay, I will review the main strengths and weaknesses of internal control. Internal Control Strengths There are five key strengths of internal control, which are described below. Only Accepting Orders Through Website Only accepting orders through a secure and trustworthy website, electronically, at the time of order placement addresses risks like details of customers getting hacked, sending items...

Johnson & Johnson Tylenol Crisis as a Superb Crisis Management Example

6 Pages 2848 Words
Introduction to Crisis Management and Johnson & Johnson's Reputation Crisis is an event that might result in unexpected and unstable situation such as traffic mishaps and earthquake. It often occurs unpredictable even without wrongdoing, and leads to business failure. It reported that almost all crisis lead to a great reputation damage (Dilenschneider, 2000). However, crisis could also be the seed...

The Role of Market Research in Strategic Marketing

2 Pages 798 Words
Introduction Market research serves as a cornerstone in the development of effective marketing strategies. By providing businesses with critical insights into consumer behavior, market dynamics, and competitive landscapes, it enables firms to align their offerings with market demands. The advent of digital technology has further enhanced the scope and precision of market research, allowing for real-time data collection and analysis....

Comparative Analysis of BMW and Chevrolet Car Companies

4 Pages 1980 Words
The following report features an in depth analysis and comparison of two major automotive giants being Chevrolet and BMW. This report aims to explore in depth the history, practices, management between the two companies, so that we can better understand how two vastly different companies dominate their field. BMW BMW is a German motor vehicle manufacturer that was officially found...

Overview Telstra's Pricing Strategy Decisions

1 Page 692 Words
Pricing strategy decision plays one of the most crucial roles for media transmission. Before rolling out an improvement on valuing they need to consider how and where they are going to situating the business. They have to contemplate obvious objective clients. Pricing strategy decision is also affected by market segmentation. Demographic segmentation, geographic, psychographic and behavioural segmentation plays a vital...

Advantages & Disadvantages of Ritzer's McDonaldization Dimensions

2 Pages 1096 Words
McDonaldization is a fast growing process being implemented in numerous businesses worldwide. With all business tactics there come pros and cons along with outcomes that were predicted or perhaps not foreseen. In this essay I plan to analyse the advantages and disadvantages to Ritzer's four dimensions of McDonaldization and respond to his ideas. To begin, I think we should discuss...

The Concept of Compensation in Labor Relations

1 Page 636 Words
Compensation covers everything an employer offers an employee in return for their work. Although the term is commonly associated with money, employee compensation also includes nonmonetary benefits, such as health insurance and a pension plan. Employee compensation often plays a significant role in different areas of the workplace and may affect everything from turnover rate to workers morale. Efficient compensation...

Uniqueness of the LEGO Marketing Strategy

2 Pages 681 Words
Toys are a fun and necessary part of each child's development. Totally different materials like wood, clay, paper, and plastic are wont to create toys. Several things are designed to function toys, one amongst the foremost well-liked toys is Lego and additionally popular toys of all time and could be a house name everywhere the world. Around 300 million people...

Effective Manager in a Diverse Workforce

2 Pages 1118 Words
To be an effective manager means addressing the benefits and challenges of diversity in the workplace. In this essay, diversity is intergenerational and is, therefore, an important aspect of managing a workplace effectively, to boost overall productivity. This essay will aim to understand the differences in which the way several generations approach work as well as using key research to...

Differentiated Pricing in Supermarket and Cinema Strategies

3 Pages 1343 Words
There are various marketing strategies utilised by businesses working toward creating profit and customer satisfaction. Deciding how much to charge for each of your products or service requires evaluating how much customers value what they are buying. One of the most important aspects of any business marketing strategy is pricing a product successfully. A pricing tactic is a strategy implemented...

Marketing and Management Analysis of Honda Motors

5 Pages 2441 Words
This report gives a concise marketing and the management analysis of Honda Motors that internationally positions sixth in car industry. The essential of this task is to think about and basically investigate the distinctive key system identifying with Honda Motors. Through the various aspects of market division, we have made an endeavor to perceive the objective clients. Stakeholders comprehended as...

Toyota's Marketing Mix Analysis

3 Pages 1147 Words
In 1937, Toyota Motor Corporation was found internationally. The Japanese origin, global firm, is world’s major automobile maker in bulk. Toyota was originally known as ‘Toyoda’. This name came from the founder’ s name and he was an automatic loon manufacturer. They sell around 7.5 million models in a year, all over the world. Toyota’s values and principles have shaped...

Honda's Revolutionary Approach to Innovation

3 Pages 1250 Words
Introduction Honda Motor Co., Ltd., a global leader in the automotive and power equipment industries, is renowned for its unique approach to innovation. The company's commitment to technological advancement and its ability to adapt to changing market dynamics have set it apart from competitors. Honda's innovations are not merely incremental improvements but often represent leaps in technology, reflecting its philosophy...

Costco's Key Competitive Strategies

2 Pages 893 Words
Primarily, Costco’s strategy is to create maximum market and sales volumes by selecting high quality, branded product with wide spreading merchandise in minimal revenue. As Costco is a wholesale store every items can only be purchased in bulk. For example, Advil comes only in 360-count bottle, which is very much larger than common sized found in supermarket or a drug...

Gucci: An Example of a Successful Diversity Management Policy

2 Pages 815 Words
One of the moderators of diversity effects on performance is the organizational strategy. Research reveals that racial diversity is linked to higher productivity in firms focused on growth and to lower productivity in organizations that are focused on downsizing (Jackson & Joshi 2004). According to Gucci’s chief Marco Bizzarri, the organisation is pursuing a growth strategy through engaging in risk...

Importance of Marginal & Derivatives Analysis for Business & Economy

4 Pages 1724 Words
In the early 1870s, three economists, William Stanley Jevons, Carl Meneger and Leon Walrus, made similar, though separate, observations in three different countries: England, Austria and Switzerland. They broke with classical economics in terms of the basic goods and services valuation principles. The classical economists based the value of a commodity on its cost of production, thus conferring on it...

Marketing Plan: Beard Wash Self Kit

2 Pages 956 Words
Dollar Shave Club is an American company based in Venice, California, which transports razors and additional personal grooming goods to consumers by mail. Dollar Shave Club was founded by Mark Levine and Michael Dubin. It offers three membership tactics, which can be upgraded or downgraded at any time.[It distributes razor blades on a regular basis and offers supplementary grooming goods...

Gold's Gym SWOT Analysis

2 Pages 955 Words
Gold’s Gym, originally started by Joe Gold, is an American chain of international co-ed fitness centers. He opened the first Gold's Gym, with homemade equipment, in August 1965, in Venice Beach, California, way before gyms existed. The gym got popular when it was in a documentary, ‘Pumping Iron’ (1977), and Arnold Schwarzenegger and Dave Draper used to train there. Each...

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