Corporate governance is the convergence of economics and relationships that determine a companys direction and performance. Its purpose is to optimize resources to promote accountability and efficiency within the corporate structure. Most companies’ corporate governance is set by their boards of directors, which establish and promote policies for the management and employees of the corporation. […]
As an employer, you might find yourself faced with the reality of thinking about hiring a physically disabled person. You think, if I could hire someone with the same skills, but without handicap, why should I pick the disabled person? I will give you six good reasons to do so, in no particular order. Financially […]
Lack of project focus is often an issue because people feel obligated to their functional responsibilities before their project responsibilities. The difference in priorities of one unit can affect other units as well. That is, if engineering feels obligated to their functional responsibilities before their project duties, and other units are waiting on engineering before […]
The price mechanism plays a vital role in determining what to produce and for whom to produce. It indicates to suppliers the goods that consumers are willing to pay higher for and essentially, those are the goods that are produced and for those who are willing to be the equilibrium price. How to produce is […]
In this project we are given the role of marketing consultant for Harley Davidson and we are asked to launch and introduce Harley Davidson products in the UK market by identifying 2 market segments. We will use different marketing techniques to market, position and launch the products. Segmentation process will be used to create subgroups […]
IKEA is the worlds largest home-furnishing retailer. It was founded in 1943 by Ingvar Kamprad in Sweden. “In terms of scope, IKEA is designed for the total home environment, in order to offer furnishings and fittings for every part of the home, both in- and out of doors.” With the vision: “To create a better […]
Cambodia after declaring independence was pitifully seen as a fragile country, which required much attention due to the fact that there was no sign of improvement or country development under 90 years of French colony, but illiteracy. To develop this small and nearly-destroyed country, King Norodom Sihanouk found out that its economy must be the […]
Wal-Mart was launched in 1962 by retailer Sam Walton, who then owned a small franchised variety store. The company was based on a simple vision; pass on the savings from buying in bulk on to the customer and earn profits through volume. This was in sharp contrast to other retailers, who did not change their […]
The Indian organized retail industry is the fastest growing in the world. To keep pace with the rapid expansion, companies are forced to leverage technology to bring in operational efficiency. With the government of India allowing 100% FDI in the cash and carry segment and mulling 100% in consumer retail, major retail companies have started […]
The scenario shows how students have the lack of cultural appreciation of others. The school and teachers need to create a program which ensures that students understand the difference in cultures and how people need to work and live in harmony. It is important that school take initiative and educate students about different cultures and […]