Category: Relationship

  • Wal-Mart: The Challenge of Managing Relationships With Stakeholders

    Table of Contents Introduction Categories of Stakeholders Response to the Various Stakeholders Improving Ethical Culture and Responding more positively Conclusion Reference Introduction Stakeholders to an organization are the individuals who are affected by the decisions and the actions that the organization takes. Other entities such as the politicians affect many organizations and this makes such…

  • Conflict Resolution Strategies and Relationships

    Table of Contents The Reality of Conflict and Resolution Strategies Impact of Personality Traits on Conflict Management Styles Conclusion References Society is comprised of different personalities with different cultural, religious and moral standards. Every day, people have to interact at various levels in business and society Since individuals understand and perceive concepts differently, there are…

  • A Relationship Between Environmental Disclosure and Environmental Responsiveness

    Table of Contents Introduction Summary Critique Conclusion Reference List Introduction Critical review of journal articles entails the assessment of the articles’ validity, strengths, and weaknesses. The review facilitates in enlightening the readers through analysing, interpreting, and explaining the article. An effective critique is one that facilitates the reader to make a value judgment of the…

  • Learning Relationships with Consumers

    Setting up learning relationships with consumers is an integral part of customer relationship management. This entails finding out more about people’s needs, interests, and preferences, which enables a business to serve them better. It allows a company to customize its products and sales efforts to the characteristics of the target market. A chain of flower…

  • Building Working and Trusting Relationships Through Negotiations

    Novi was asked to advise his boss, the CEO of the five-year-old medical device start-up in the Boston area, regarding the oncoming negotiations with one of the possible investors. This Asian medical device company has an established distribution base in the Asian market. The company is conservative, and its boss is a proud older man,…

  • Financial and Strategic Planning Relationship

    Table of Contents Introduction Relationship between strategic planning and financial planning Conclusion References Introduction Corporate entities combine strategic planning and financial planning in order to survive in a dynamic and competitive business environment. The integration of the two types of planning allows corporate managers to prioritize projects based on the viability of resources and anticipated…

  • Importance of Agency Relationships

    Agency relationships are essential to the operation of most, if not all, businesses. According to Bagley (2019), they constitute the delegation of some power from a principal to an agent that represents them. The employer-employee relationship is a classic example of an agency relationship that is present in most companies. In the beginning, with no…

  • Key Aspects of Buyer and Supplier Relationship

    Table of Contents Abstract Introduction Mutual Trust Commitment Interdependence Strategy for managing the relationship Conclusion References Abstract Little has been said about what makes a long-term robust interaction between buyers and suppliers. However, it is vital to figure out the points that form this collaboration, as in case any problems occur, it would be easier…

  • Starbuck’s Services and Relationship Marketing

    Table of Contents Introduction Background Discussion Analysis Result Conclusion Reference Introduction Starbucks is the world’s leading coffee and coffeehouse chain having almost 11000 shops in the United States of America alone. The company owns 5118 stores in the United States, 362 in the United Kingdom, 30 in Saudi Arabia, 64 in South Korea, and 27…

  • Customer Relationship Management and Increasing Sales

    Table of Contents Discussion Sales Functions and Activities New Leads New Sales Opportunities Time Management Marketing Department Discussion Customer relationship management (CRM) is a model that sales executives (SEs) use to manage interactions with potential clients who can support a company’s aims. A business-to-business (B2B) framework guides marketers to embrace the power of data analysis…