Category: Business

Table of Contents Summary Introduction Transaction Cost Theory Demand for management consulting services Conclusion Reference List Summary Management consulting is very important, especially in today’s business environment characterized by economic uncertainties. This report is based on transaction cost theory which provides a rationale for management consulting. This document discusses the demands made on people working…

Table of Contents Introduction 360-degree Feedback Concept 360-degree feedback model 360 degree feedback: Pros and Cons Conclusion References Introduction 360-degree feedback is an assessment evaluation tool that is focused on employee job performance from a multisource perspective. It is also referred as a multisource assessment or a multi-rater feedback since it relies on information from…

Globalization, industrialization and technological advancements have led to a status quo where organizations are constantly being forced to forging alliances with individuals from different nations around the globe in order to tap into the best talents for the various jobs irrespective of their age, race and sex. As such, the importance of creating ideal working…

Businesses are entities that are likely to undergo changes in the course of operation. It is important to note that businesses go through phases and each phase has got its special requirements. For instance when business is starting there is need to ensure that the legal documents are put in place, there is sufficient capital…

The reality that human asset is the most vital element in success of organizations cannot be overemphasized. As businesses embrace the dynamics of globalization, human asset has become the only factor that differentiates an organization from its competitors. Moreover, the level of human asset strength in an organization will be the key determinant between losing…

Table of Contents Consolidation Rush Staying the Course Wrong Technology Bets Synergy Mirage Pseudo Adjacencies Faulty Financial Engineering Conclusion Works Cited Paul Carrol and Chunka Mui asserted that there are seven ways to fail. Although there are several ways to fail, the authors clarified the root cause of the error as choosing the wrong strategy…

Table of Contents External Environment An Assessment of HNA Group Competitive Environment The Strategy of the Firm HNA Group’s Competitive Advantages over its Main Competitors The Core Competencies of the Firm Main Alternatives for HNA Group and their Pros and Cons As a new airline company with high development in the China civil aviation, Hainan…

Table of Contents Categories of customer involvement Service design and customer involvement Innovation and customer involvement Examples of companies Conclusion Recommendation Reference List In the 21st century organizations are mainly concerned with how to improve their market position. The main objective is to cope with the competitiveness characterizing the business environment. As a result, firm’s…

Introduction: Warren Buffett Begins It is weird to think that there were the times when the name of Warren Buffet did not ring any bell. In the modern business world where the slightest change can possibly reinvent the whole world’s perception of what management and leadership is, such incredible instances of success as Warren Buffett’s…

In order for any business to maintain a sustainable competitive advantage, there is always the need for the management to address existing market demand as established through surveys among potential customers. Through this approach, most chain management and operations managers lay emphasis on producing products that satisfy the needs of customers beyond their expectations; by…