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The Offered Trip and Business EthicsBased on the provided case study, it could be stated that Marcus Samuel has been offered a trip on the part of Joanna Ria, the salesperson for IT Solutions Limited. The primary intention is to provide a thorough demonstration of the software package of the software package of the organisation in detail. However, the individual was offered to take his family in the trip as well and IT Solutions Limited woul...
Functional Structure and Its Advantages and Disadvantages 1. The functional structure is the most basic type of organizational structure These structures developed from the concept of high control framework, higher area of the manufacturing organization that turns towards higher efficiency level. The most common benefits of the functional organizational structure are the dependable level of departmental competence by the grouping of employe...
BackgroundInformation and communications technology or ICT could be referred to as the extension term form information technology, which majorly focuses on the role of different unified communication and overall integration of the telecommunication or telephone lines and wireless signals or computers (Dutta, Geiger and Lanvin 2015, p. 1). Large economic incentives are required for merging different telephone networks with the respective system...
Discussing Findings for Different Coffee Machine OptionsCoffee shops in recent years have been identified to be most popular since they offer a good environment for one to relax after a long stressing day from work. This has become a culture to most people who believe taking coffee relieves stress. One can also decide to dash into a coffee shop just to read a book or catch up with friends. For the coffee addicts, a coffee shop is always cons...
Trade theories that support the recent rise of China and IndiaTrade theories serve as metrics that are used in explaining a country’s trade pattern and their effect to the local and international economy of the country (Singh, 2019 p.688). The theory of Comparative advantage and the factor proportions theory are among the trade theories that explain the reason behind the increase in the rise of China and India in the international world....
The Four Types of Capitals Used in Business ModelsThe concept of capital can be interpreted in a number of ways. The particular distinction between the different types of capitals can only be drawn on the basis of the application of these capitals. Researchers have segregated the type of capital into four kinds, which are financial capital, physical capital, human capital, and social capital. These different types of capitals are the fundament...
Task 01a) Two possible applications of word embedding in business Word embedding is widely used in ‘Natural Language Processing (NLP)’, which is a sub-field of machine learning. One of the applications of word embedding can be found in analyzing the survey response. Word embedding solves a common business problem of not having enough tools and time to effectively and easily analyse the survey responses. Vector represen...
Change Management and Leadership in Business OrganizationsThe business organisations effectively focus on adopting the leadership and change management plan within the organisation, to ensure that the organisation’s strategic position within the industry is retained and further development can be done. The change at the organisation is being done as per the industry requirements and the changing customer preference within the industry. T...
Business IdeaThis paper provides a general discussion of transforming traditional business ventures into modern e-commerce business ventures by taking advantage of the current trend of e-commerce business. The paper discusses the business idea and why it is viable to be implemented as an e-commerce business. This is achieved by conducting an in depth SWOT analysis to get all aspects of the business that could lead to its success and the challe...
Major Issues Faced by the Tourism and Hospitality Industry Due to Natural Disasters and Changes in Climatic ConditionsThe report is prepared to analyse the different types of issues that may be faced within the tourism and hospitality industry in Australia. The report will discuss the major issues that can be faced by the tourism and hospitality industry due to national disasters and changes in climatic conditions. With the changes in climatic...
What is Workforce Planning?Workforce planning is defined as a gradual process of assembling the needs and priorities of an organizations in line to its workforce to meet service and production requirements as well as the legislative, regulatory and objectives as prioritized. It enables workforce strategies based on evidence. Avoiding disruption and unexpected costs Workforce planning helps a company in identifying and anticipating is...
Importance of therapeutic communication in healthcareCommunication in healthcare services is considered to be one of the important pillars for providing effective health care to the patient (Faizipour & Perreira, 2013). The communication among the nurses, doctors and other healthcare staff is vital to understand the logic behind planning, implementation, and evaluation of the intervention been given (Patrick, 2017). Communication is a root t...
Business Plan and Challenges The purpose of the following report is to review a business case study of Mormor Magda’s ice cream and their performance in Swedish ice cream industry (Fundedbyme.com, 2019). As their business journey was not smooth and full of difficulties, this report will discuss organisational issues and try to provide recommendations to mitigate existing and future challenges. Angela Hafstrom decides to start an ice cream...
Relationship Between Strategic Organizational Planning and Human Resource PlanningOverview The following report is based on the relationship between strategic organizational planning and Human Resource Planning. The relationship in between these two different variables have been shown by taking the example of Westpac which is the first Australian company as well as the first bank to be established in Australia. The company has a wide range ...
Company Profile and Product DescriptionThis research paper begins with a brief description of the company profile of Huawei with their corporate profile and descriptions of the products and their geographical coverage. This is followed by an in depth description of the retail offline business of Huawei, which is a recent business endeavour of the company. An analysis of the customer segment and market competition have been conducted in the rep...
Executive SummaryA business plan is the basic picture of an entrepreneurial venture which entrepreneurs prepare. A business plan shows that the nature of the business, the products the new entrepreneur would offer and the way it would create value for customers. The business plan then go on to give information about the external market in which the business operates. The preferred models used in this case are generally PESTLE (or its variant...
The Impact of Lean Thinking on Organizational PerformanceThe recession posed numerous challenges for the automobile industry globally. In 2008, new automobile registrations indicated a11.3% decline. On the other hand, used vehicles registered a fall in their overall sales by a margin of 3.3%. Hence, the cars sold on a second-hand basis were estimated to be 7.24million in total (Holweg, Davies &Podpolny, 2009). The implication is that the c...
Market IntelligenceHummingbird chocolates is an Ontario based chocolate company. It is one of the artisan chocolate makers in Canada. The company has taken over the chocolate world with modern approaches to old-fashioned techniques. The product category includes bars, confections and artisan chocolates. It also includes gift cards and gift boxes. The company has award winning chocolate which is made from ethically sourced cacao beans. The step...
Design Thinking in EntrepreneurshipIn the highly competitive business scenario, running own business has become the key trend in order to strengthen the financial competency and sty aide from the competition. There lies the significance of entrepreneurship, which can be regarded as the process of setting and running own business by taking own risk and advantages. This is the way of exploring new business related opportunities, prevailing in th...
Identifying Issues and Weak AreasAs I have been appointed as a business analyst to work for Rent to U, I have been asked by Bill Parker to apply proper ethics to the case study and ensure flourishing of business within the competitive business environment. The third step enables identification of various issues and needs to manage efficiency of business management. The issues and weak areas are identified, which can create various scopes and o...
The Importance of Intercultural Communication in BusinessThere are some basic things in business that people may take on a light note but they are very crucial. Business communication is very crucial because people can’t transact when people don’t literally understand each other (Kernbach, Eppler & Bresciani, 2015, pp. 170)). In business, people come from different cultures and as its well known, different cultures talk and c...
Background of the Industry or Market AnalysisThe assessment aims in analysing the industry, market and business environment, of the proposed plan, which can adequately help in improving the business plan proposed by the management. The analysis would eventually use secondary research to determine the loopholes in the current business plan, which can be changed for improving the projected profits of the company. In addition, the relevant justif...
Tasks included in the Business ReportThe business process development would be helpful for easing the alignment operations and integrating the management of the successive formation (Bider and Jalali 2016). The process management would be implied for successfully management of operations. The easing of the process management for crater lakes caravan and camping park would be helpful for ensuring the completion of the processes and analysing th...
The Impact of Information Technology in BusinessExtensive use of information technology is playing a major role in the improvement of the business in the different sector of the industry. There are many advantages of using the information technology in everyday’s business. However, it has been seen that there are some of the issues happened regarding the application of the information technology. One of the major issue regarding ...
Overview of Taj Hotel and Its Management SystemThe success of the organization depends on the business processes accompanied for managing the different units of the enterprise. The processes and procedures should be improved for resolving the issues and gaps which exists in the working culture of the business. The purpose of this paper is to analyse the processes of the organization through the development of As-Is model and To-be model. The e...
