Merger & Acquisition: Business Strategy

Business strategy What is MSTR’s business strategy? Identify how the MSTR’s mission and objectives will be achieved to become a cost leader after acquiring Unisys. How the profitability will be achieved? How cost will be reduced and revenues increased? How synergy will be achieved? Microstrategy Inc. is a business intelligence...

Etihad Airways’ Financial Ratio Analysis in 2014

Abstract The report covers liquidity ratios for Etihad Airways for the fiscal period 2014. Traditional ratios, such as current ratio and quick ratio, show that Etihad can meet its short-term financial commitments when they are due. Conversely, cash flow liquidity ratio shows that the company can only pay off about...

Home Depot and Lowe’s Firms’ Financial Analysis

Introduction The U.S. home products industry has two major competitors including The Home Depot Inc. (Home Depot) and Lowe’s Companies Inc. (Lowe’s). The latest annual reports of both companies are consulted and reviewed for the current analysis report. The financial year-end of Lowe’s Companies Inc. was January 29, 2016 (“Lowe’s...

Cost-Volume-Profit Characteristics and Accounting

Financial Reporting and Management Accounting Information Financial reporting (FR) that is expressed with the help of financial statements provides crucial information on a company’s performance, and other data that is of consequence for a company’s performance and, therefore, stakeholders are expressed with the help of management accounting (MA) (Weißenberger &...

CIPD Profession Map for Human Resource Management

CIPD Professional Map is a well-known comprehensive tool the purpose of which is to create a view of how HR departments should identify their functions and values. Though its structure seems to be complicated for those, who look at it for the first time, actually, not many efforts are required...

Personal Finance and Investment Portfolio

Introduction The financial planning process enables an individual or a family to plan for earning with an aim of converting finances to wealth. The process follows six basic steps these are, establishing and identifying a relationship with the client, gathering client data including goals, analyzing and evaluating the financial status...

Carroll’s The Pyramid of Corporate Social Responsibility

Introduction The review seeks to analyze the article by Carroll titled, “The Pyramid of Corporate Social Responsibility: Toward the Moral Management of Organizational Stakeholders” in order to gain more insight on corporate social responsibility (CSR). The article details the various factors that a company should consider as its CSR. There...

Internal Control Systems and Audit Risk Model

The Limitations of Internal Control Systems Bojangles is mistaken since control risk can only be minimised in an entity but not entirely eliminated. Control risk is a component of the audit risk model. A misstatement may occur in the financial statements of an entity due to the inability of the...

Making an Ethical Decision in the Workplace

Introduction It is necessary to mention that the importance of ethical decisions in organizations has been increasing over the years, and it is an aspect that is valued by many companies. This paper will include the analysis of decisions that may be made regarding a particular ethical dilemma that occurred...

Supporting the HR Function Retention Within the Organisation

Ways HR Activities Support the Organization and Enable It to Meet Its Goals and Business Objectives Human resource activities play a very critical role in supporting this organization to achieve its goals and objectives. The first area of support that this firm gets from the HR department is the implementation...

Direct Foreign Investment in Chile

Abstract Chile is one of the most vibrant economies in the South American region that has managed to attract the highest number of direct foreign investments since the turn of the century. The country is famed for its strong economic policies and free trade policies that entice multinational corporations from...

Economic v. Transaction Exposure

Comparing and contrasting transaction exposure and economic exposure By definition, transaction exposure covers all the risks associated with changes in the exchange rates over the current investments. In essence, it measures the actual change in the future cash flows brought by uncertainty and changes in the market exchange rates under...

Stock Markets in the US and South Korea

It is known that one of the most crucial components of economic activity flow and community spirit is the cost of stocks. Emerging stock markets contribute greatly to the development of the economy itself. It is stated that, on the global scale, it is the stock market that determinates the...

Impact of Currency Depreciation

A major factor that causes the depreciation of currencies of some Latin American countries to depreciate against the U.S. dollar Depreciation of currency refers to the fall in the currency exchange rate between foreign and domestic currency. Such a decline in domestic currency causes significant changes in the balance of...

Leadership Theories and the Management of Working Relationships

Transactional leadership Transactional leadership focuses on the interactions between the followers and leaders. The interactions enable leaders to complete their tasks, achieve their performance goals, incentivize their followers, maintain good organizational running, influence the behavior of their workers, and/or enhance organizational efficiency. It also enables followers to curtail workplace anxiety,...

Current Ethical Issues in Managerial Accounting

Introduction Accounting managers and their juniors make resolutions, which influence the daily operations and long-term productivity of their firms (Kimmel & Weygandt, 2011). As such, accounting personnel ought to be vigilant, unbiased, and abide by the ethical procedures when appraising financial records. The profession depends on approximations and judgment calls....

Key Components of an Effective Delivery of HR Services

Internal Users of HR Services There are several users of HR services within an organizational setting. The first users are the managers. They rely on HR services to ensure that they have a team of highly competent employees who can deliver quality work on their assignments. The needs of the...

Investigating and Dealing With Stress at Work

Statement of Problem The psychological well-being of employees is in the workplace is crucial if stress is to be avoided and performance improved (Vainio, 2015). According to Hiriyappa (2013), stress is inevitable in the workplace, and the effects of stress are mostly negative. Mild stress can have a positive outcome...

Important External Environmental Factor in the Industry

Introduction The Home Depot is a home retailer, and changes in the economy influence its performance. Therefore, the most important external environmental factor is the economy, which presents a positive impact when it is growing. The value of the U.S. dollar against other currencies also affects the purchasing power of...

Ethical Issues Facing PharmaCare

Introduction Ethics in business acts as a baseline through which enterprises operate, and they define the right course of action to take when dealing with a certain situation. One of the ethical issues that present in most businesses is false advertisements, which is meant to mislead customers (Donohue, Cevasco, &...

Corporate Social Responsibility

Introduction Corporate social responsibility has become an integral part of marketing for many corporate bodies around the world. Many firms currently have clearly defined corporate social responsibility programmes that they observe on an annual basis. Multinational corporations such as Coca Cola, General Motors, and Toyota have budgets in excess of...

Business: Concepts of Continuous Improvement

Maintaining competitiveness in the world of business is very difficult. Organizations must be ready to ensure that they respond to changes in their respective sectors in a timely and effective manner through gradual and continuous changes. The concept of continuous improvement provides an important guideline through which organizations can implement...

Inventory Management: KLM Construction Company

Executive Summary The current procurement functions at KLM Construction Company are inefficient and costly. Identification of these weaknesses offers the management an opportunity to productivity levels of this department. It is proposed that the firm should technology-based system to help it monitor its transit goods more efficiently. The new system...

Sexual Harassment in the Workplace

The Issue John and Mark had expressed their interests in Jane, who was an assistant supervisor at their company. Jane had however started to invite both Mark and John out separately on several occasions to talk about the company’s stores. During these periods, Mark claimed that Jane had made some...

Etisalat Group: Corporate Social Responsibility

Introduction The company chosen for this Corporate Social Responsibility (CSR) report is Etisalat Group. According to the company, it is one of “the world’s leading telecom groups in emerging markets with a market cap of 87.7 billion AED (23.8 billion USD)” (Etisalat, 2015). Its net profits and revenues have exceeded...

Study of Small Firm Effect and Market Efficiency

Introduction Efficient market hypothesis The theory of efficient market hypothesis holds that all relevant information about the ‘true’ value of an asset that can be found in the market is reflected in its market price. This implies that there is no room for arbitrage in the market. Past research studies...

Risk and Quality Management Assessment Summary

Overview of the organization FastMed is an urgent care facility that provides direct services to patients with injuries or other less severe conditions that do not require an emergency department (ED). The facility operates several walk-in clinics in North Carolina. They provide services for non-threatening illnesses and injuries without an...

Private Equity as Source of Risk Capital for Small Business

Private equity and the categories businesses that can be attractive to private-equity firms Private equity is a term that is used to refer to the long and medium-term finance that is provided to unquoted company that has a potentially high growth rate in exchange for an equity stake in the...

Non-profit Organizations: Their Impact on Society

Introduction Organizations play a critical role in modern society as they promote economic growth and subsequently benefit the entire human community. While many forms of organizations exist, most research on economics focuses on the role that for profit organizations play and their effects on a nation’s economic outcomes. However, the...

Hierarchy of Influence: Consumers Behavior

Introduction While evaluating consumer behaviors, there are such attributes as selecting, buying, securing, disposing, satisfying a need, and accommodating an item. Primarily, Mallalieu (2006) defines consumer behavior as a study of people, groups, or organizations while targeting to identify, purchase, and order an item in a bid to meet a...

Business Ethics Principles in the Hilton Hotels

Introduction In light of the company’s rules and regulations, every employee is hereby required to adhere and obey the set guidelines that define the company’s way of operation. It is the decision of the board of directors and the company to adapt the following business conducts and ethics. Promote sincere...

A-Energy Company Management

Introduction A-Energy Company has stipulated very detailed policies that help to protect its data and information. These policies have outlined the company’s expectations regarding the caution that the employees should take. In addition, they have shown the punishments that can befall the employees when they break the abiding regulations. However,...

Managing Global Managers: Developing a Global Mindset

Abstract One of the challenges that global organizations face when they venture into international markets is developing a workforce with a global mindset. Global managers should have suitable skills, knowledge, and competencies to guide their organizations through the process of integrating a global mindset into the corporate culture. Multinational companies...

Tax Difference Between Florida and Virginia

Tax Difference between Florida and Virginia Individual Income Tax Corporate Income Tax Sales Tax Property tax per capita Florida 0% 5.5% 6% $1,368 Virginia 5.75% 6% 5.3% $1,377 Overall Rank Corporate Tax Rank Individual Income Tax Rank Sales Tax Rank Unemployment Insurance Tax Rank Property Tax Rank Florida 5 13...

Hedging Strategy: Options and Future Marketing

Hedging is an investment position taken by an investor to counterweigh potential losses, which another investment is likely to cause. A number of financial instruments such as swaps, options, future contracts, forward contracts, insurance, and stocks can construct it. It is the process of decreasing risks using derivatives. It is...

Taxes in State of Texas and State of New York

The U.S. states have freedom to determine their tax systems and levy down taxes on their citizens in their own way. These taxes may include income tax, sales tax and property tax. It means that people living in different states of the United States have to pay differing amount as...

How Do CFOs Make Capital Budgeting and Capital Structure Decisions?

Introduction Capital budgeting is a broad subject that involves several procedures. Before making any commitment to invest or committing financial allocations to a project, there are several factors that must be put into consideration. This essay seeks to identify some of the popular decision-making processes that are used by CFOs...

PharmaCARE: Ethics and Corporate Responsibility

Social corporate responsibility (CRS) refers to the obligations that companies have not only to serve their own interests but also the interests of society. CRS encompasses one of the strategies that may aid in achieving PharmaCARE’s dream of becoming environmentally responsible through green initiatives, packaging changes, and recycling of any...

The Saudi British Bank

Introduction The purpose of this research paper is to discuss the history of the Saudi British Bank (SABB), scope of the bank’s activities and services, ownership, Islamic financial solutions of SABB. However, this paper will scrutinize financial performance of SABB though ratio analysis and financial data analysis including balance sheet,...

Capital Structure: Concepts and Theories

Overview of early capital structure literature Traditional studies on capital structure investigated securities individually or separately, but the new approach analyses the various securities and the whole capital structure as one theory of contingent with securities having each own price. In other words, the securities are combined, and debt and...

Implementing the Strategic Plan of Roswell Health Center

Introduction For many years, Roswell Health Center has participated in service delivery enjoying success and facing challenges in equal measure. The major factor that has contributed to the inability of the health center to maximize on the market is the failure of its management to adopt strategic plan. Strategic planning...

Potential Issues in Ratio Analysis

Weaknesses of ratio analysis Ratio analysis is an essential technique used for carrying out financial analysis. The technique has several drawbacks. First, the operations of several companies cut across several industries. For such companies, it may not be possible to come up with ratios for these numerous divisions. Such companies...

India and WTO and Its Effects on U.S. International Agribusiness

Introduction Since the Doha negotiations of the World Trade Organization (WTO) at Qatar in 1999, there has been a deadlock between developed and developing countries over agricultural trade subsidies. One of the major developing nations that have been leading the opposition against high trade subsidies on agricultural products in developing...

Macroeconomic Evaluation of the United Kingdom

Introduction The paper is based on a macro-economic evaluation of the United Kingdom. The UK is known for its diversity and versatility in respect to the economy. A macroeconomy is defined as the relationship between income earned and the investment of a country. Aspects like tourism, fishing, trade, education, agriculture,...

Prices of Stocks: Technical and Fundamental Analysis

Introduction The two major approaches used to predict the prices of stocks or currencies include fundamental analysis and technical analysis (Malkiel 119). Fundamental analysis focuses on different aspects of a stock’s performance, such political environment, company performance, inflation, and economic forces. On the other hand, technical analysis focuses on a...

Macroeconomic Study on the Economy of India

Introduction This study has aimed to analyse the macroeconomic variables of India from 1980 to 2012 that covers the Indian economic trend before, during and after both the Asian and global financial crisis; by analysing the factors like GDP, unemployment, inflation, interest rates and trade flows this paper would provide...

Financial Risk Management of Project

Introduction Projects are often designed to accomplish specific objectives. However, the achievement of these objects is not without various obstacles. These obstacles interfere with the project at different stages hence making the success of the project uncertain. A risk can be defined as a possible harmful outcome, which often comes...

Risk Management Plan: Importance of Risk Management

Risk Management Plan About Risk Management In order to understand the importance of risk management, the report will provide an overview of risk management principles. This report will look into the responsibilities of a project manager and the development of a risk management plan that will mitigate the impact of...

U.S Corporate and Foreign Financial Statements: Differences

Abstract It is a requirement that all public listed corporations are to prepare financial statements for their stakeholders as well as the public. These financial statements are to be prepared in accordance to the accounting standards required by the country of origin of the corporation. This paper will analyse the...

From Value at Risk to Black Swan

Introduction The question that nearly all investors who have invested or are contemplating investing in risky assets ask at some point in time is, “how much can they lose on a particular investment?” Value at Risk (VAR) attempts to provide a reasonable answer to this question (Tarantino & Cernauskas, 2010,...

Unethical Accounting Practices

Various situations might lead to unethical practices in the field of accounting. While some people may suppose that unethical practices are intentional and deliberate, others contend that unethical accounting practices are systemic and stem from organizational structure (Mandal, 2010). As such, unethical practices in the field of accounting are complex...

Financial Analysis C.E.O, Riordan Manufacturing, Inc.

In relation to the 2010/2011 fiscal years, it has come to my notice that the company’s general performance trend is slowly declining. In lieu of these findings, I have conducted a detailed analysis to try and elaborate our company’s financial position as at the end of the 2011 financial year....

Three Important Leadership Qualities

Robert Katz identified three main leadership skills every leader needs to possess. He reveals technical, human and conceptual skills are vital to any leader that wants to achieve positive outcomes at work. These skills enable leaders satisfy expectations of all stakeholders in firms they work for. This paper will discuss...

Samsung Electronics Employees Management Process

Introduction Samsung Electronics is a UK based electronics firm with business operations on the global market. The company operates in a cross – cultural business environment, which require excellent management processes. It has continued to manage its day-to-day operations to generate products that have inclusively helpful influence on society. The...

Discussion About the Roles and Functions of Managers

Introduction Management of a healthcare facility is very important due to associated outcomes. The kind of healthcare management in place determines the quality of care and financial performance. In the contemporary world, where society, science and patients’ needs are rapidly evolving, each manager in the hospital setting should have a...

Sage Simply Accounting v. Office Small Business Accounting

Introduction Computer systems have had tremendous influences in the modern world. These technologies have been utilized in many areas including the field of accounting where many computerized financial accounting systems have been developed over the last decade. Accounting software programs automate the bookkeeping process, therefore, assisting businesses in their accounting...

Importance of Leader and Followership Theories

Introduction In healthcare settings, leadership is vital for the success of any health organization (Atchison, 2003: Dye, 2010). Leadership inspires followers to work collectively to achieve specific goals within an organization. Leadership is an organizational practice that not only influences the followers (employees) but also the leaders in a manner...

How Corporate Governance Affects Financial Reporting

Introduction This paper reviews existing literature on how corporate governance has affected financial reporting. After a number of financial reporting scandals in some of the major firms in the world in the early 2000s, the US Congress and the securities exchange ordered that boards and audit team of firms must...

Social Media in Businesses

Social media refers to the applications and software that use the internet allowing people to interact, share personal information, photos and even real time thoughts. Over the past, social media has been used by people globally to communicate and share their life experiences (Tracy & Michael, 2012). Today social media...

A Business Has Moral Responsibilities to All Stakeholders

Introduction A business organization has more to do other than just making profits. There must be people involved for the organization to make profits. These people are the company’s stakeholders. They include workers, owners of the company, the management, consumers, and the general society. There are two theories that are...

Super Bakery, Inc.: Activity Based Costing

Management of Super Bakery, Inc. used two main aspects of strategy that made the company’s operations successful and efficient. Firstly, from the perspective of sales, Super Bakery’s consumer focus was a key part of the prosperous business. By being a supplier to large institutional consumers, such as schools, the company...

Decision-Making with Managerial Accounting

Introduction Managerial accounting offers managers with quantitative and qualitative data that they need to understand operational and financial performances of their organizations. It differs from financial accounting that serves external purposes for creditors. Managerial accounting serves internal purposes for managers who wish to assess financial performances of their companies and...

Analysis of Financial Statements for Avon Product Inc.

Profitability ratios Profitability ratios give an indication of the earning capacity of an entity. The ratios measure the effectiveness of a company in meeting the profit objectives both in the long run and short run. The ratios show how well a company employs its resources to generate returns (Collier, 2012)....

Urner International: Project Supply Chain and Logistics Management

Introduction Any successful production and service organization integrates a department that is principally dedicated to conducting supply chain management in its operations. Such a department is designed to take charge in “oversights of material, information, and finances as they move in a process from the supplier through the manufacturer, the...

Brand Awareness and Brand Associations

Introduction This essay discusses brand awareness and brand associations. Its purpose is to create an appreciation of these two concepts in brand development and management. The essay begins by defining what a brand is and why an organization needs to have one. It then proceeds to discuss branding defining what...

The Apple Company Business Analysis

Executive Summary The purpose of this report is to analyse the financial accounting of Apple, organisational structure, key resources, accounting and managerial information system of this company, competitive position, social and ethical responsibilities, budgeting, investments and so on. In addition, chapter 3 of this paper focuses on a financial statement...

A Project Introduction Plan on an Internet-Based Company

Business organizations are established to maximize profits. However, there are several business organizations in the globe, which has led to intense competition. Competition has increased in the global economy due to the nature of external business factors, which influence the operations of companies, but they do not have direct influence...

Change Management Introduction and Perspectives

Introduction The world is changing, and with it come several changes in the organizational setting. According to Ferrell (2011, p. 75), change is one of the factors that cannot be avoided within the organization. It defines an organization and society at large. As Gerber (2008, p. 32) puts it, change...

The Distinction between Leadership and Management

Introduction It is very difficult to distinguish between the meaning of leadership and management. However, scholars globally have maintained that management and leadership are very different (Denehy, 2008). The two terms have been used interchangeably in many occasions to mean the same thing. Nonetheless, leadership is mostly associated with ethics...

Current Overview of the Primary Healthcare System

Introduction The primary health care system in New Zealand has undergone massive transformation over the years as the country struggles to offer a universal health care to all the New Zealanders irrespective of their social status. Rapoport, Jacobs, and Jonsson (2008, p. 78) define primary health care as “The professional...

Accrual and Cash Basis of Accounting

Before recording transactions, a business must decide whether its books of accounts will be based on an accrual basis or a cash basis. Accrual accounting is defined as the method of accounting in which expenses are recorded in accounting books when they are incurred and income is reported when it...

International Accounting: The Sarbanes-Oxley Act

Abstract This essay is about the Sarbanes-Oxley Act of 2002 that was enacted for the purpose of addressing the fraudulent behaviour of business executives who engaged in falsification of company records for selfish gains. The Act’s eleven elements are discussed herein discussed. Finally, the corporate issues that the Sarbanes-Oxley Act...

Next Plc’s Balanced Scorecard

Introduction The current report designs and develops a balanced scorecard for Next Plc. Next Plc is a designer, manufacturer, and distributor of clothing, home furniture, and other accessories (Next PLC 2014). The bulk of this firm’s operations are based in the UK and Ireland. The company operates more than 500...

Customer Attitude towards Islamic Banks in Bahrain

Executive Summary The aim of the current report was to investigate customers’ willingness toward Islamic banks and their level of awareness of the products and services offered by Islamic banks in Bahrain. For the purpose of this report, 50 questionnaires were distributed to different customers from one Islamic bank and...

Strategic Management: Industry Environment

The dominant economic feature in the industry is that it is experiencing a recession. This has discouraged more luxury brands from setting up because the market’s growth rate is lower and is likely to remain so in the next three years. Many firms in the industry focus on business, family...

Burberry Group Plc – Iconic British Luxury Brand

Executive Summary The Burberry Group PLC is a multinational company based in the UK that was founded in 1856. The company is a renowned fashion house dealing with products such as sunglasses, fragrances, cosmetics, fashion apparel, and cloth distribution. Over the years, the company has spread its business activities across...

Company Analysis and Valuation

This paper seeks to evaluate emgs using ratio analysis. This will be used to assess whether the company is fit to go public. The major ratio categories to be used in this analysis include profitability ratios, liquidity ratios, and gearing ratios will be used in this evaluation. Ratios only make...

IT Strategy and Strategic Planning Process

Introduction We are living in an information technology age and every organization is looking for ways to leverage the proliferation of IT systems to gain an edge over its peers. As information technology continues to grow rapidly, organizations are faced with challenges of initiating, implementing and monitoring all IT systems...

Balance Sheets and Decision Making in Accounting

The Importance of Balance Sheets in Decision Making Balance sheets are a core aspect of financial analysis with respect to the performance of a given company. According to Mintz and Morris (2010), a balance sheet is beneficial to a company in terms of the planning and evaluation required for growth....

Banking Regulations – Benefits and Importance of Regulation

Introduction In most countries, the government appoints a regulatory authority and grants it the mandate to monitor and control the operations of commercial banks in a country. Banking regulation has evolved significantly. For instance, in the 1970s the regulation focused on controlling both the borrowing and lending rates and structures...

BBA Aviation Plc: Financial Analysis

Introduction BBA Aviation plc is based in London. The company was started in 1879 to provide belting works in Scotland (BBA Aviation, 2013). Today, it is listed on the London Stock Exchange under the FTSE 250 Index. BBA Aviation plc (BBA) has focused on “flight support services and aviation aftermarket...

National Commercial Bank’s Analysis and Forecast

Introduction This paper looks at the Saudi Arabian economic system from the perspective of a bank in a view to establish the developmental opportunities and challenges. The Saudi Arabian economy is quite well structured compared to other higher middle income country economies. However it is one of the least diversified....

Coca Cola and PepsiCo: Financial Statements

There are several strategies used to compare the performance of different companies operating on the global market. For example, the financial performance of the companies may be reviewed to determine their rate of success. In addition, the marketing strategies adopted by the organization, together with the market share controlled, may...

AT&T Company Inc.: Measurement of Corporate Performance

In corporate finance, determining financial ratios is one of the most important and effective techniques for measuring the performance of an organization. It is difficult to measure how a company has been performing over a given financial time without involving financial ratios. In accounting, financial ratios express the relationship between...

Apple Inc.: Financial Statements

Apple Inc. is a multinational corporation that manufactures and markets mobile and media communication devices, music players and computers all over the world. The company greatly values innovation, and to show this, it has a loyalty program that rewards employees’ creativity. The multinational company is a dealer of a range...

PepsiCo, Inc.: Financial Analysis

Introduction PepsiCo is a public limited company that was formed in 1955 as a merger of Frito-Lay, Inc. and Pepsi-Cola Company. The company is based in the United States and it trades on the New York Stock Exchange. Further, it has a presence in over two hundred countries across the...

Concord Bookshop: Implementing Organizational Change

Introduction Organizational change is a transformation process that results in the adoption of new management structures in an organization. Organizations that undergo a transformation process may have success stories; however, some organizations have reported to experience a total failure following the adoption of the transformations. The Concord Bookshop is one...

Leadership and Management Concepts

Discussion Leadership and management concepts enable individuals in formal or informal organizations to influence people to get tasks done. As a leader, a nurse has his or her priority to get tasks performed. To be able to exercise leadership, nurses must; understand their objectives and have established plans to achieve...

The Oil Industry and the Saudi Stock Market

Saudi Stock Market Saudi Stock Market is the biggest stock market in the Gulf region. It has a present market capitalization of about $325 billion and comprises a diversified group of industries, many of which are centred on the well-built domestic economy. Some of the industries in the Saudi stock...

International Marketing Strategy

Introduction Research data from 2006 to 2013 from the Walden (2013) study reveals a new trend in the global marketplace over the past few years wherein consumer spending has significantly decreased within the markets of the U.S., U.K. and Western Europe (i.e. Spain, France, Italy, Germany, etc.) yet has significantly...

Retail Industries in Saudi Arabia

Asset allocation is a critical factor that determines growth of small businesses across the world due to the volatility in the competitive business environment. The allocation of assets determines the amount of investments of a country and its asset classes. Investors who have wealth for allocation can be individuals or...

Nokia Company: Strategic Planning

Strategic planning Organizations normally exist with a specific mandate which is anchored in its vision, mission and values and as such there must be clear steps set in achieving the desired objectives of the firm. It’s therefore important that organizations set out long term plans on how to achieve its...

Corporate Sustainability Reporting in Multinationals

Introduction The current global environment is very demanding, especially for organisations operating in the world market. The scenario is brought about by, among others, external pressures. Such issues as climate change, population growth, scarcity of resources, and the growth of the world economy impact how businesses operate. Entrepreneurs are prompted...

Successful Leadership for Organizational Success

Introduction The exertion of social influence or authority over a group in a given direction to achieve specified objectives constitutes leadership. Different leadership theories explain how leaders apply their skills in management. Numerous research papers have defined, analyzed, and explored several theories of leadership and their applications in daily life....

How Organizations Measure the Impact of Sustainability?

Introduction There is an increasing awareness in academia and business of the need for sustainable development to become a key part of supply chain management practices (Shukla, Deshmukh, & Kanda, 2010). Sustainability refers to an integration of social, environmental, and economic issues (Tsai & Hung, 2009). Adding the aspect of...

Tax Law and Accounting: A Case of GAAP

The primary focus of GAAP is financial accounting and reporting rather than tax accounting and reporting. There are different accounting methods for financial and tax accounting (i.e., the proverbial “two sets of books”) (Hopwood 58). The use of different accounting methods should be expected, given the contrasting objectives of financial...

Organization Structure: Review

Organization Structure and Communication Organization structure and communication is made up of system of network pathways which facilitates flow of messages within and outside an organization. Two distinct process exist i.e. internal and external communication. Internal Communication It is a communication which occurs between employees internally. For it to occur...

ABC Analysis: Activity Based Management

The evolution of the concept of Activity Based Costing (ABC) has materially changed the cost accounting and management systems. It has enabled the management to predict the cost behavior related to individual units of products, which in turn has made it possible for the management to get away with the...

Liquidity Ratios: Review

Liquidity ratios assess the company’s likelihood of meeting temporary obligation when they fall due, a firm is at risk if the liquidity risk is low and to reduce this risk a firm must strive to attain a ratio that is more than one for both current and quick ratio since...