Business Essays

The Internet is an integral part of our lives. With it, we communicate; gather news, network with friends and colleagues, and share information and resources. Today, we see many businesses – large and small – using websites as a platform to sell a product or provide a service. However, we …

1. The four decision areas in operations management are: A) Planning, technology, inventory, controlB) Process, quality, capacity, inventory C) Process, quality, technology, capacityD) None of these 2. Capacity decisions: A) Include forecasting and schedulingB) Include inventory control C) Require management of personnel D) None of these 3. Inventory decisions and …

At certain times a company that produces a tangible product may have to decide if that company can continue operations and profit or if it has reached the shutdown point. Shutting down is different than going out of business; the company is simply temporarily stopping production because it would cost …

There are a variety of ways to approach the management of HR in a business. The business textbooks like to describe two broad approaches to HRM which are explained further below: •“Hard” HR •“Soft” HR However, it is important to remember that, in reality, these two approaches are somewhat academic …

Question 1. What is Coca-Cola’s staffing policy for managerial position:ethnocentric,polycentric or geocentric ? Dose this policy makes sense ? Ans: I think Cocal-cola’s staffing follows a polycentric for managerial positions as they have to do that because they “Think Globally and act locally”. I say that because their policy is …

In this rapidly growing dynamic environment, organisations are fighting a constant battle to remain competitive; in such, the usage of teams has grown to be a criterion for organisational success. Organisations create teams for various reasons. Teams give a sense of responsibility and empowerment to members who are performing the …

The organisational structure used in a company is intended to form relationships, motivate, increase productivity, co ordinate and provide direction between employees. According to the business dictionary (2013), an organisational structure is the hierarchical arrangement of lines of authority, communications, rights, and duties of an organisation. It determines how roles, …

Hi-Lo Food Stores was first incorporated in 1954. However, it was not until 1984 that the chain of stores was acquired by Grace Kennedy Limited. Hi-Lo Food Stores is operating as a division of the GK Foods and Services Limited a wholly owned subsidiary of Grace Kennedy Limited. Hi-Lo has …

1.In what ways are the trait and behavior approaches to leadership similar? How does Fiedler’s contingency model differ from both? Even though these two approaches to leadership are very different in many ways, we have found that they are in fact very similar as well. We notice that the trait …

The nature of the products and services provided in the restaurant industry are based on customer satisfaction with the food and services that each location provides. Providing a selection of delicious and well-presented food made with quality ingredients that are simple and good tasting is exactly what the customer wants. …