Business Environment Essays (Examples)
Study Document
Brazilian Market Entry Pricing Strategy
...Business environment Entering the Brazilian Market
Problem Statement
Peak must decide on a pricing strategy for entering the Brazilian market. It has narrowed its options down to three: penetration pricing, skim pricing and cost-plus pricing. This report will evaluate the company, the market and each of these three options in order to determine the best choice of pricing strategy when entering the Brazilian market.
Concept/Theory: SWOT Analysis
The SWOT analysis is a tool whereby the company analyzes its internal strengths and weaknesses, and its external threats and opportunities, in order to provide some context for the decision that it is facing. The strategy that the company chooses should in some way reflect either leveraging strengths to take advantage of opportunities or to shore up weaknesses in order to defend against threats. In this case, where the company is determining a strategy for entering a new market, it will probably take into account……
References
References
Chappelow, J. (2019) Monopolistic competition. Investopedia. Retrieved March 28, 2020 from https://www.investopedia.com/terms/m/monopolisticmarket.asp
CIA World Factbook. (2020) Brazil. Central Intelligence Agency. Retrieved March 28, 2020 from https://www.cia.gov/library/publications/the-world-factbook/geos/br.html
Decker, A. (2020) The ultimate guide to pricing strategies HubSpot. Retrieved March 28, 2020 from https://blog.hubspot.com/sales/pricing-strategy
Dourado, A., Canabrava, L, Spadano, L, Alvarenga, P., Salles, R., Advogados, F., Lourencao, M. & Trung, T. (2019) Doing business in Brazil: An overview. Thomson Reuters Practical Law. Retrieved March 28, 2020 from https://uk.practicallaw.thomsonreuters.com/0-503-8385?__lrTS=20180603124715781&transitionType=Default&contextData= (sc.Default)&firstPage=true&bhcp=1#co_anchor_a102539
Downey, L. (2019) Brazilian real. Investopedia. Retrieved March 28, 2020 from https://www.investopedia.com/terms/forex/a/brl-brazilian-real.asp
Furgison, L. (2019) SWOT analysis, step 5: developing actionable strategies. BPlans.com. Retrieved March 28, 2020 from https://articles.bplans.com/swot-analysis-challenge-day-5-turning-swot-analysis-actionable-strategies/
Kokemuller, N. (2020) Entry pricing strategy. Houston Chronicle. Retrieved March 28, 2020 from https://smallbusiness.chron.com/entry-pricing-strategy-61428.html
Riley, C. (2019) Jair Bolsinaro says Brazil is open for business. CNN Business. Retrieved March 28, 2020 from https://www.cnn.com/2019/01/22/business/bolsonaro-brazil-davos-foreign-investment/index.html
Study Document
Bolman Deals Human Resource Frame And Disney
… analyze an organization. The human resources frame places “emphasis on people’s needs”, including “giving employees power and opportunity to perform their jobs well” (business Balls, 2020). The human resources frame lends value to an organization in a few different, key ways. The first is that it allows … wishes to get into the entertainment field will naturally gravitate to Disney, giving it a competitive advantage over other companies in the same business.
Role of Human Resources
Most of Disney’s workers are in the United States, where the unemployment rate is very low at 3.6% (BLS, ……
References
References
BLS (2020). The employment situation – January 2020. Bureau of Labor Statistics. Retrieved March 2, 2020 from https://www.bls.gov/news.release/pdf/empsit.pdf
Bricker, J. (2020) Disney World investing millions on cast morale. Disney Tourist Blog Retrieved March 2, 2020 from https://www.disneytouristblog.com/disney-world-investing-millions-cast-morale/
Business Balls (2020) Four frame model – Bolman and Deal. Business Balls. Retrieved March 2, 2020 from https://www.businessballs.com/leadership-models/four-frame-model-bolman-and-deal/
Forbes (2018) World’s best employers. Forbes. Retrieved March 2, 2020 from https://www.forbes.com/companies/walt-disney/?list=world-best-employers/#394d24715730
Jones, B. (2018) How Disney empowers its employees to deliver exceptional customer service. Harvard Business Review. Retrieved March 2, 2020 from https://hbr.org/sponsored/2018/02/how-disney-empowers-its-employees-to-deliver-exceptional-customer-service
McLeod, S. (2011) Bolman & Deal frameworks. Big Think. Retrieved March 2, 2020 from https://bigthink.com/bolman-deal-frameworks
Sammer, J. (2019) 5 takeaways from Disney’s tuition benefits. SRHM.org. Retrieved March 2, 2020 from https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/5-takeaways-from-disney-tuition-benefits-approach.aspx
Walt Disney Company (2020) website, various pages. Retrieved March 2, 2020 from https://thewaltdisneycompany.com/forbes-ranks-disney-among-worlds-best-employers-for-2018/
Study Document
Healthcare Advocacy For The Elderly
… aid the elderly population, ethical concerns that should be considered as health advocate workers shift from a community setting to that of a business.
How Healthcare Advocates Can Aid the Population
Three ways in which healthcare advocates can aid in addressing and/or delivering vital healthcare practices to … closing the gaps in healthcare disparity between the elderly and the rest of society.
When the advocate shifts from the community to the business setting, the temptation is to be more concerned about the financial side of things—i.e., whether the organization is meeting its own financial needs, … ethics means that the advocate for the elderly has a duty to advocate for all their needs and not just focus on the business side of things.
Conclusion: Reflection
Healthcare advocacy for the elderly should focus on organizing the community, engaging with politics, and reaching out to … met. The advocate must focus……
References
References
Brojeni, S. A., Ilali, E. S., Taraghi, Z., & Mousavinasab, N. (2019). Lifestyle and its related factors in elderly. Journal of Nursing and Midwifery Sciences, 6(1), 32.
Community Health Advocates. (2015). Helping New Yorkers get, keep, and use health coverage. Retrieved from: http://www.cssny.org/programs/entry/community-health-advocates
Davoodvand, S., Abbaszadeh, A., & Ahmadi, F. (2016). Patient advocacy from the clinical nurses' viewpoint: A qualitative study. Journal of Medical Ethics & History of Medicine, 9(5), 1-8.
Maryland, M. A., & Gonzalez, R. I. (2012). Patient advocacy in the community and legislative arena. Online Journal of Issues in Nursing, 17(1), 2.
Stainton, H. (2016). Horizon to fund new NJ healthcare advocacy organization. News, Issues, andIinsight for New Jersey. Retrieved from: http://www.njspotlight.com/stories/16/11/21/horizon-to-fund-new-nj-healthcare-advocacy-organization/
Yamada, T., Chen, C. C., Murata, C., Hirai, H., Ojima, T., & Kondo, K. (2015). Access disparity and health inequality of the elderly: unmet needs and delayed healthcare. International journal of environmental research and public health, 12(2), 1745-1772.
Study Document
Cross Training Staff For COVID 19
… developed health and safety protocols to help curb the spread of the virus. The disease has caused significant disruptions in clinical and non-clinical environment including business settings. Societies across the world can no longer afford to keep their everyday activities on hold given the devastating impact of the virus. … carrying out daily life activities in normal life has become critical. One of the measures that could help achieve this, particularly in the business environment, is cross-training a multi-disciplinary clinical staff to work in COVID-19 environment.
Cross-training is essential in promoting the development of skills that would help cater for the needs of critically ill patients. Through such training, ……
References
References
Agrawal, S., Smet, A.D., Lacroix, S. & Reich, A. (2020, March 7). To Emerge Stronger from the COVID-19 Crisis, Companies Should Start Reskilling Their Workforces Now. Retrieved June 28, 2020, from https://www.mckinsey.com/business-functions/organization/our-insights/to-emerge-stronger-from-the-covid-19-crisis-companies-should-start-reskilling-their-workforces-now#
Kshirsagar, A., Mansour, T., McNally, L. & Metakis, M. (2020, March). Adapting Workplace Learning in the Time of Coronavirus. Retrieved June 28, 2020, from https://www.mckinsey.com/~/media/McKinsey/Business%20Functions/McKinsey%20Accelerate/Our%20Insights/Adapting%20workplace%20learning%20in%20the%20time%20of%20coronavirus/Adapting-workplace-learning-in-the-time-of-coronavirus-vF.ashx
Lawson, J.T. (2020, May 7). COVID-19 FAQs: Cross-training Nurses, Nonclinical Workers. Retrieved June 28, 2020, from https://news.sanfordhealth.org/coronavirus-disease-2019-covid-19/upskilling-reassigning-nonclinical-workers/
Study Document
Field Of Organizational Leadership
… management approach through which leaders help establish strategic goals and objectives while motivating employees toward the achievement of these goals/objectives. In the modern business environment, organizational leadership is critical toward achieving the desired success given increased competitiveness. Modern organizations face intense competition from their rivals because of rapid … organizations face intense competition from their rivals because of rapid technological advancements and increased globalization. These advancements have brought new ways of doing business, which has in turn generated new demands on organizational leaders. Therefore, organizational leaders need to establish strategic approaches that enhance competitiveness, success or … these desired goals and objectives requires incorporating measures that motivate followers to take necessary actions toward their achievement. In today’s competitive society and business environment, motivating followers is key to enhance their commitment toward achievement of the common goals/objectives. While organizational leadership seem an easy process, it is ……
References
References
Chirimbu, S. (2014). Challenges of Leadership in Modern Organizations: Knowledge, Vision, Values. Annals of Spiru Haret University Economic Series, 14, 39-48.
Emory University. (2020). About Us. Retrieved from Emory University website: http://www.emory.edu/home/about/index.html
Environmental Health and Safety Office. (2019). Organizational Chart. Retrieved from Emory University website: http://www.ehso.emory.edu/about/org-chart.html
Finley, M. (2016). Chaplain’s Leadership May Come in Unconventional Forms. Retrieved April 21, 2020, from https://www.nacc.org/vision/2016-jul-aug/chaplains-leadership-may-come-in-unconventional-forms/
Rennaker, M. (n.d.). PhD in Organizational Leadership. Retrieved from Indiana Wesleyan University website: https://www.indwes.edu/adult-graduate/programs/phd-organizational-leadership/
Wadhwa, S. & Parimoo, D. (2013). Leadership and its Challenges in the Globalizing World. Journal of Management Sciences and Technology, 1(1), 30-37.
Study Document
HR Strategy And Practice
… management. On the contrary, specific HR strategies focus on what the organization sets to do in relation to its HRM policies and practices. business organizations are increasingly establishing specific HR strategies to enhance their competitive advantage and performance. Specific HR strategies differ from general strategies as they … IRM’s HR strategy, which reflects the general aspirations and intentions of the company. The HR strategy reflects four key areas of its overall business strategy: business value, innovation, global integration, and on-demand infrastructure. The goals of IBM’s HR Strategy include to lead transformation, anticipate and build skills, and grow … HR strategy based on a matching or contingency approach promotes vertical integration and horizontal integration. Vertical integration focuses on promoting the alignment between business strategy and HR strategy. On the other hand, horizontal integration ensures HR goals are linked to individual HR policy areas.
Specific HR Strategy
… profitability rather than……
References
References
Boon, C., Eckardt, R., Lepak, D.P. & Boselie, P. (2017, October 5). Integrating Strategic Human Capital and Strategic Human Resource Management. The International Journal of Human Resource Management, 29(1), 34-67.
Boon, C., Hartog, D.N.D. & Lepak, D.P. (2019, January 14). A Systematic Review of Human Resource Management Systems and Their Measurement. Journal of Management, 45(6), 2498-2537.
Richard, O.C. & Johnson, N.B. (2001, March). Strategic Human Resource Management Effectiveness and Firm Performance. The International Journal of Human Resource Management, 12(2), 299-310.
Seyyedjavadin, S.R. & Zadeh, M.H. (2009, June). HR Strategy and Its Aligning with Organizational Strategy and Human Capabilities. Iranian Journal of Management Studies, 2(2), 5-29.
Wright, P.M. (2008). Human Resource Strategy – Adapting to the Age of Globalization. Retrieved July 25, 2020, from https://www.shrm.org/hr-today/trends-and-forecasting/special-reports-and-expert-views/Documents/HR-Strategy-Globalization.pdf
Study Document
McDonalds Quality And Improving Operations
… the leading fast-food restaurant across the globe. Since inception the company has experienced tremendous growth and profitability due to its adoption of sound business philosophies and practices. McDonalds has become a symbol of globalization given its successful expansion to various parts of the globe. The other factor … (2019), McDonalds’ philosophy statement on quality is to provide high-quality food and excellent customer service to all customers in a clean and welcoming environment at great value. The company’s philosophy on quality is based on the principle of QSCV, which also acts as customer service philosophy. Quality, … stores and utilize customers’ needs and demands as the premise for product development initiatives.
McDonalds ensure that this philosophy is incorporated into its business activities through including it in customer service efforts. McDonalds philosophy on quality is the core of customer service standards and business activities carried out in the company. In this……
References
References
Crom, S. (n.d.). Managing for Continuous and Breakthrough Improvement. Retrieved June 13, 2019, from https://www.isixsigma.com/implementation/basics/managing-continuous-and-breakthrough-improvement/
Hill, A. & Hill, T. (2011). Essential operations management. New York, NY: Macmillan International Higher Education.
Hu, W. & Xie, Y. (2013, April 28). Comparative Study of McDonald’s and Kentucky Fried Chicken (KFC) Development in China. Retrieved June 13, 2019, from https://pdfs.semanticscholar.org/ab1d/769d45deb5a0e03d147a04cb27fff30e6ae6.pdf
Ka-Sing, L. (2019, May). Guiding Principles a Recipe for Success. South China Morning Post. Retrieved June 13, 2019, from https://www.scmp.com/article/1006977/guiding-principles-recipe-success
Keller, C.R. (2017, September 1). How McDonald’s Became the Leader in the Fast Food Industry. Retrieved June 13, 2019, from https://profitworks.ca/hidden-blog/541-how-mcdonald-s-became-a-leader-in-fast-food-industry.html
Mulholland, B. (2018, April 6). What Continuous Improvement Is (and How to Use It). Retrieved June 13, 2019, from https://www.process.st/continuous-improvement/
Nanyang Consultancy. (2016, January). McDonalds – Charting McDonalds Way Forward. Retrieved June 13, 2019, from https://mbacasecomp.com/wp-content/uploads/2016/01/Nanyang_Mcdonalds_Final2.pdf
Team, T. (2015, October 8). Why is it Important for McDonald’s to Focus on Quality? Forbes. Retrieved June 13, 2019, from https://www.forbes.com/sites/greatspeculations/2015/10/08/why-is-it-important-for-mcdonalds-to-focus-on-quality/#1da4aebe2488
Study Document
Digital Era And Taxation
… is relevant when examined from the technological perspective because of two main reasons. First, taxation policy should promote fairness. Both traditional and digital business should bear the same tax burden. It will be unfair for citizens and traditional business to bear a heavier tax burden simply because large volumes of digital profits are not taxed. Second, there is a need for sustainable … to emerge, and revenue bases will shrink.
Research Problem
Taxation Issues in the Digital Era
Sand- Zantman (2018) highlighted four features of digital business that makes taxation of digital profits difficult. First, it is not easy to track digital activities that generate profits. Digital companies sell their … of the levy may be paid by domestic customers.
Overall, the research literature on taxation in the digital era describes features of digital business that makes taxing of digital profits difficult as well as possible……
References
References
Committee of Experts on International Cooperation in Tax Matters. (2019). Tax Issues related to the Digitalization of the Economy: Report (E/C.18/2019/CRP.12). https://www.un.org/esa/ffd/wp-content/uploads/2019/04/18STM_CRP12-Work-on-taxation-issues-digitalization.pdf
Katz, R. (2015). THE IMPACT OF TAXATION ON THE DIGITAL ECONOMY. https://www.itu.int/en/ITU-D/Conferences/GSR/Documents/GSR2015/Discussion_papers_and_Presentations/GSR16_Discussion-Paper_Taxation_Latest_web.pdf
Pemerathna, A. (2016). Economic impact of digital taxation: A case on information communication technology industry Sri Lanka. SSRN Electronic Journal. https://doi.org/10.2139/ssrn.2910328
Sand-Zantman, W. (2018). Taxation in the Digital Economy. https://www.orange.com/fr/content/download/47110/1371114/version/1/file/Rapport%20TAXATION-VF-Mai2018.pdf
Sestakova, M. (2018, February). Tax Challenges of the Digital Economy [Paper presentation]. Management Challenges in the 21st Century, Bratislava, Slovakia.
Study Document
Change Management At Nike
… management is about managing people and their reactions to change (Cameron & Green, 2015). However, the need for change is typically related to business issues and not necessarily to people. Thus for a company such as Nike to manage change internally it has to be able to … to people. Thus for a company such as Nike to manage change internally it has to be able to cross that divide between business and people to make sure every stakeholder is on board with the change and that people are respected for their thoughts and feelings.
……
References
Bibliography and References
Balaji, S., & Murugaiyan, M. S. (2012). Waterfall vs. V-Model vs. Agile: A comparative study on SDLC. International Journal of Information Technology and Business Management, 2(1), 26-30.
Boehm, B. (2002). Get ready for agile methods, with care. Computer, (1), 64-69.
Boehm, B. (2007). A survey of agile development methodologies. Laurie Williams, 45, 119.
Fernandez, D. J., & Fernandez, J. D. (2008). Agile project management—agilism versus traditional approaches. Journal of Computer Information Systems, 49(2), 10-17.
Freberg, K., Graham, K., McGaughey, K., & Freberg, L. A. (2011). Who are the social media influencers? A study of public perceptions of personality. Public Relations Review, 37(1), 90-92.
Cameron, E. and Green, M. (2015), Making Sense of Change Management: A complete Guide to the Models, Tools and Techniques of Organizational Change. Kogan Page: London
Kotter, J. P. (2012). Leading Change. Harvard Business Review Press.
TMZ. (2018). Kaep Deal Adds Up... WE GOT NIKE'S CUSTOMER BREAKDOWN. Retrieved from https://www.tmz.com/2018/09/06/colin-kaepernick-nike-contract-urban-consumers-market-research/
Study Document
Global Issues And Diversity
Introduction
Diversity is a common topic in business today, for a few different reasons. First, most workforces these days are diverse places, but even when they are not, people work with … are not, people work with other offices in other countries, with suppliers around the world, and with customers wherever they are found. If business fifty years ago was largely a regional affair, it is fully global today, and that demands an entirely new skill set around understanding … today, and that demands an entirely new skill set around understanding diversity and global issues, and working within those contexts to deliver exceptional business results.
Diversity
There are a few different ways to understand diversity. The first is to take sort of a “census” approach, breaking people … from countries that have high levels of diversity of their own.
It is important to recognize diversity based on such demographic characteristics……
References
References
Dyllick, T. & Muff, K. (2015) Clarifying the meaning of sustainable business: Introducing a typology from business-as-usual to true business sustainability. Organization & Environment. Vol. 2015, 1-19.
Lozano, J. & Escrich, T. (2017) Cultural diversity in business: A critical reflection on the ideology of tolerance. Journal of Business Ethics. Vol. 142 (4) 679-696.
Maj, J. (2015) Diversity management’s stakeholders and stakeholders management. Proceedings of the 9th International Management Conference. Retrieved February 19, 2019 from https://www.researchgate.net/profile/Jolanta_Maj/publication/282848702_Diversity_management\\\\'s_stakeholders_and_stakeholders_management/links/561e400f08ae50795afd9360/Diversity-managements-stakeholders-and-stakeholders-management.pdf
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