Category: Business

  • Controls: The Case of Sheraton Desert Inn, Las Vegas

    To remain competitive, organizations in dynamically shifting environments witnessed in the 21st century have realized the essence and importance of systematically setting performance standards with their planning objectives using a multiplicity of controls. Indeed, many have realized that the uniqueness of their controls plays a critical role in their sustained ability to compete favorably in…

  • Training Needs Assessment and Training Design and Development

    Table of Contents Description of Training Needs Assessment to the Organization Steps in Perform TNA Reference List Description of Training Needs Assessment to the Organization Training is a critical component of human resource planning and development in every organization. Working in the rapidly changing business environment that the current corporate climate has mutated into requires…

  • Best Buy Limited Financial Statements

    Introduction Financial Statements are useful in providing information to both internal and external users. This paper seeks to elaborate the uses of each of the major statements contained in the annual report. The company chosen for this analysis is Best Buy Limited. This company is listed in the New York Stock Exchange. Best Buy is…

  • Change from Individual to Team Work at the Workplace

    This week’s article analysis focuses on change from individual to team work at the workplace. Most organizations are in search of a strategy for viable teamwork. Internal competition is detrimental to the progress of an organization (Webber, 2000). Conflicts that arise during teamwork generate diversity of ideas (Maruca, 2001). This enables an organization to solve…

  • Effective Ways of Ensuring the Incorporation of Change

    For a business to remain competitive in the market, it needs to incorporate changes that increase the competitive edge it has in the market. To provide the change needed, the managers have the responsibility of ensuring that the implementation of the change is right. Therefore, the managers need to play various roles and responsibilities to…

  • Matrix Concept in Management

    Table of Contents Introduction Applicability of the Matrix Concept Teamwork Conclusion References Introduction The matrix structure is a management technique which diverts from the conventional manner of managing talent in the workplace. Often, the concept is applied throughout the organization, but there are cases where only part of the organization can be managed in this…

  • MRP: Riordan Electric Fans

    Table of Contents Introduction The MRP for the Manufacturing of the Riordan Electric Fans Reference Introduction Riordan has to utilize an effective MRP in order to develop and distribute quality electric fans. As observable in most other organizations, this concept is becoming increasingly applicable. Particularly, this is relevant for successful product development and initiation into…

  • Implementing Strategy and Managing Change

    Table of Contents Introduction Process of delivering change Monitoring impact and Risk management plan Recommendation Conclusion Reference List Introduction Any organization that operates in a real world is prone to changes, which may occur from time to time. Organizations must therefore be ready to tackle the changes, failure to which they may find it difficult…

  • Political Influence and Corporate Transparency in Indonesian Companies

    Sari and Anugerah (773) conducted a research to determine the effect of political influence and corporate transparency on firms’ performance in Indonesia’s listed companies. Sari and Anugerah gave various evidences from the listed companies in Indonesia. They selected a sample of seventy three large public firms in Indonesia and collected data for corperate transparency from…

  • Theory of Planned Behavior: Principles and Practices

    “Theory of Planned Behavior (TPB)” tries to elucidate the reasons why individuals perform certain actions (Ajzen 2005). This owes to the intent to carry out such actions, which depend on the person’s beliefs, as well as societal forces and alleged capabilities. Haven-Tang states that TPB echoes the simplicity or trouble that an individual attaches to…