Business Essays

The relationship between human resource management and personnel management has been arguing for many years. The strongest argument among all the advocates is whether human resource management is the same as personnel management only with another name or it is different concept. Some debates are as follow: Approval perspectiveCritical perspective …

Negotiation is a common human activity. Everybody negotiate in his or hers personal and professional lives and it is an important part of the competitive modern life. Negotiations can occur over dealing with people, business contracts, official matters, service, buying products and relationships. Also, in the tourism industry needs good …

Companies that do business in expanding industries must grow to survive. Continuing growth means increasing sales, and a chance to take advantage of the experience curve to reduce the per-unit cost of products sold, thereby increasing profits (Wheelen et al, 2000). A corporation can grow internally or it can grow …

During this period, Karl Benz formed the Benz Company and built his own three wheeled vehicle, called the Benz Motorwagen. He was granted a patent for it on January 29, 1886. This design is considered to be the the first, true commercial automobile. It was powered by a gasoline engine, …

According to Merriam-Webster’s dictionary empower is defined as “to give official authority or legal power to” therefore employee empowerment would be giving official authority and power to employees, or giving the employees responsibility for what they do. Employee empowerment, or just empowerment, has many positive and also many negative or …

Every company/organization has its own corporate mission and corporate vision. To achieve these they do required certain form of resources which can be in the form of land, capital, machinery, material and last but foremost the human capital means the human resource which leads to utilize the rest of the …

Introduction Marketing in the simplest description attempts to understand customers in terms of what they buy, when they buy, why they buy, how much they buy, where they buy it, and with what they buy. Internationally, this means understanding culture. How marketing efforts interact with culture determines the success or …

One of the key roles of being a manager or potential manager is solving problems and making decisions. Do you do it alone? Do you involve others? Do you let others make the decisions? “Decision making is the study of identifying and choosing alternatives based on the values and preferences …

Decentralization is a question facing top executive’s everyday. Companies are deciding whether or not it is a good idea to hand down authority to lower levels of the company or to remain centralized so top level managers have the only input in organizational operations. Not only companies but also countries …

Author Mark Twain described the latter half of the nineteenth century as the “Gilded Age,” meaning golden, because of the economic opportunities that America had to offer during these times. However, there were some people who sought success selfishly before attempting to revolutionize the economy. The men who took advantage …