Business Issues Essays (Examples)
Study Document
Volkswagen Emissions Fraud
...Business issues Decisions Influenced by Bias
Volkswagen produced vehicles that were equipped with emissions controls that were designed to shut off once the cars had passed regulatory tests. As s result, not only did the cars pollute more in real life than in those tests, but the company benefitted from these tests financially, because they showed that diesel engines were less polluting than gasoline ones. The result was misleading the public, making the company eligible for subsidies that gave it competitive benefit, and misleading the public, as many people may have chosen to buy a Volkswagen in part based on the emissions performance of the vehicles (Parloff, 2018).
Biases at Play
There were a few different biases at play in the Volkswagen case that can be unpacked. The first of these is the bias towards the optimal motivations of executive action. The company’s senior executive at the time, Martin Winterkorn, was aware……
References
References
Ganti, A. (2019) Rationcal choice theory. Investopedia. Retrieved January 18, 2020 from https://www.investopedia.com/terms/r/rational-choice-theory.asp
Palmiter, A. (no date). Corporate governance as moral psychology. In possession of the author.
Parloff, R. (2018) How VW paid $25 billion for dieselgate – and got off easy. Business Ethics. Retrieved January 18, 2020 from https://business-ethics.com/2018/02/08/1638-how-vw-paid-25-billion-for-dieselgate-and-got-off-easy/
Smith, A. (2018) Volkswagen ex-CEO charged with fraud in diesel emissions scandal. CNN. Retrieved January 18, 2020 from https://money.cnn.com/2018/05/03/news/companies/winterkorn-vw-diesel-scandal/index.html
Study Document
The Disney And Pixar Merger Deal
...Business issues Disney and Pixar
The acquisition of Pixar by Disney in 2006 is an example of vertical merger, which is best described as a merger that occurs between two firms that work at separate and distinct stages of the production process. By merging operations, the two firms become one and their oversight of the production process is made that much more complete. Prior to the merger, Pixar produced films and Disney released them, marketed them, and so on. After the merger, the entire process would be overseen by Disney with Pixar leaders still playing a fundamental role in the creative development phases of production (Jain, 2013). As Debruge (2016) notes, however, the merger was more of a bailout for Disney, whose animated studio had floundered ever since Pixar’s hit Toy Story took animation and audiences in a whole new direction. Disney thus wanted to keep the firms separate while retaining ownership……
References
References
Debruge, P. (2016). Disney’s Pixar Acquisition: Bob Iger’s Bold Move That Reanimated a Studio. Retrieved from https://variety.com/2016/film/features/disney-pixar-acquisition-bob-iger-john-lasseter-1201923719/
Jain, P. (2013). The Disney-Pixar merger. Retrieved from https://qrius.com/disney-pixar-merger/
Study Document
Stakeholder Dedication Approval And Participation
...Business issues Question A
Stakeholder dedication, approval and participation in the overall change process proves crucial to change management initiative success. To this end, stakeholders ought to be adequately informed about change goals and intent, in addition to being accorded a chance to share individual ideas during change initiative implementation. Studies reveal that an open, consultative approach to change implementation leads to better overall outcomes (Chirenje, Giliba & Musamba, 2013).
Studies reveal that without having an effective communication strategy in place, the whole process of change can end up being a disaster. Both a total lack of communication and over-communicating are detrimental, potentially derailing the entire change endeavor. Without ample organization-wide communication or reciprocal conversation, the change attempt might end up not fulfilling its aims. A communication strategy that is straightforwardly and efficiently devised helps build awareness as well as acquire personnel support all through the course of the initiative. The continuum……
References
References
Callahan, K., Olshfski, D., & Schwella, E. (2005). Global public management: Cases and comments. Thousand Oaks, CA: Sage Publications Inc.
Chirenje, L. I., Giliba, R. A., & Musamba, E. B. (2013). Local communities’ participation in decision-making processes through planning and budgeting in African countries. Chinese Journal of Population Resources and Environment, 11(1), 10-16.
Eskerod, P., & Jepsen, A. L. (2016). Project stakeholder management. Routledge.
Fleming, Q. W., & Koppelman, J. M. (2016). Earned value project management. Project Management Institute.
Study Document
C Suite Executive Leadership And Ethics
… important intrinsic changes that lead to normative ethical behavior.
Speaking with leaders like Linden also showcase the diversity of opinions and approaches to business ethics. Not all leaders will believe that character ethics can be integrated into a large company. Many leaders believe that market forces and … a company. Linden straddles the extremes of consequentialism and deontology, showing that hard lined stances are just as problematic in the world of business as moral relativism. Through this interview, I also learned the importance of humor—an unexpected takeaway. Linden kept reminding me that people make mistakes ……
References
References
Bailey, C. & Shantz, A. (2018). Creating an ethically strong organization. MIT Sloan Management Review. http://ilp.mit.edu/media/news_articles/smr/2018/60101.pdf
Crossan, M., Mazutis, D. & Seijts, G. (2013). In search of virtue. Journal of Business Ethics 113(4): 567-581.
Hatcher, T. (2008). The value of values in the C-suite. In Sims, R.R. & Quatro, S.A. (Eds.) Executive Ethics. Charlotte: IAP, pp. 97-122.
Hoekstra, E., Bell, A. & Peterson, S.R. (2008). Humility in Leadership: Abandoning the Pursuit of Unattainable Perfection. In S.A. Quatro & R. R. Sims (Eds.), Executive Ethics: Ethical Dilemmas and Challenges for the C-Suite. Greenwich, CT: Information Age Publishing, pp. 79-96.
MacDougall, A.E., Bagdarasov, Z. & Buckley, M.R. (2008). Applying a primary risk management model to the C-suite. In Sims, R.R. & Quatro, S.A. (Eds.) Executive Ethics. Second Edition. Charlotte: IAP, pp. 211-234.
Martin, R. (2011). The CEO\\\\'s ethical dilemma in the era of earnings management. Strategy & Leadership 39(6): 43-47.
Schwartz, M.S. (2013). Developing and sustaining an ethical corporate culture: The core elements. Business Horizons 56(1): 39-50.
Study Document
Contracting Out Versus Contracting In
… the final product may be in greater doubt because of the lack of direct supervision of its construction. Also, there may be ethical issues regarding the persons who engaged in the contracting work receiving a fair wage, since so much of contract work is used as a ……
References
References
Fine, J. (2012). Six reasons why government contracting can negatively impact quality jobs and why it matters for everyone. In the Public Interest. Retrieved from: http://www.inthepublicinterest.org/wp-content/uploads/Janice-Fine_Jobs-Backgrounder- Brief-final.pdf
Study Document
Retention In The National Guard
… also monitor the quality and performance of each branch of the Armed Forces and to recommend remedial measures in case it notes any issues.
Retention is a rate. Specifically, it is the rate at which soldiers voluntarily opt to continue serving the country as military personnel at ……
Study Document
Fero Beauty
… competitive analysis, online and direct marketing plan, and social responsibility/cause-related marketing plan.
Pricing and Distribution Strategy
Pricing alludes to the practice of a business setting the price for retailing its products and services. Distribution channels encompass the course and path through which products move from production to … recent times, Facebook has grown from simply being a website where friends connect and share information and pictures online, to a platform for business to market themselves via interrelation with consumers and also self-advertising and self-promoting (Palma, 2016). Fero Beauty will capitalize its official business page on the platform to advance its brand identity. This will be through sharing pictures, videos, and links associated with the product items … to cast a wider net on reaching its target audience (Al-Hadban et al., 2014).
Social Responsibility Plan
A social responsibility plan elucidates the business’ approach of taking into consideration the different stakeholders,……
References
References
Al-Hadban, N., Hadeel, A. G., Al-Hassoun, T., & Hamdi, R. (2014). The Effectiveness of Facebook as a Marketing Tool (Saudi Arabia case study). International Journal of Management & Information Technology, 10(2), 1815-1827.
Andrews, J. C., & Shimp, T. A. (2017). Advertising, promotion, and other aspects of integrated marketing communications. Nelson Education.
Deepa, S., & Chitramani, P. (2015). CSR in retailing industry-a case of three retail stores. International Journal of Business and Administration Research Review, 3(9), 128.
Gould, M. (n.d). Pricing Strategies. Research Starters: Academic Topic Overviews.
Khan, S. (2018). Instagram as a marketing tool for luxury brand. International Journal of Management, Business, and Research, 8(2), 126.
Kotler, P., Armstrong, G., Ang, S. H., Leong, S. M., Tan, C. T., & Yau, O. (2009). Principles of marketing: A global perspective. Prentice-Hall.
Palma, A. P. (2016). Effectiveness of Facebook as a free marketing tool. University of Mindanao International Multidisciplinary Research Journal, 1(2), 21-26.
Smith, P. R., & Taylor, J. (2004). Marketing communications: an integrated approach. Kogan Page Publishers.
Study Document
Best Buy Purchasing And Supply Management
… and services as well as offering a wide array of other consumer products throughout its North America and Mexican markets in two main business segments: (1) domestic and (2) international (Company profile, 2019). Besides these retail outlets, Best Buy also offers and products through its Web sites … is equally clear that the company must implement and sustain purchasing and supply management strategies that contribute to its competitive advantage and these issues are discussed further below.
How does Best Buy's purchasing and supply management strategies contribute to their competitive advantage?
On the one hand, Best … policy, which, for more than two decades, has fostered and underwritten the expansion of big-box retailers while systematically undermining the survival of independent business” (p. 35). In fact, nearly half of all of the states in the U.S. have some type of tax relief or loophole provisions … locate new retail outlets in……
References
References
Chan, R. (2011, June 29). Best Buy. Marketing, 20.
Corporate responsibility and sustainability. (2019). Best Buy Co., Inc. Retrieved from https://corporate.bestbuy.com/sustainability/ .
Best Buy supply chain. (2019). Best Buy Co., Inc. Retrieved from https://www.bestbuy. com/site/help-topics/ca-transparency-act/pcmcat263000050003.c?id=pcmcat 263000050003.
Company profile. (2019). Yahoo! Finance. Retrieved from https://finance.yahoo.com/quote/ BBY/profile?p=BBY.
Mitchell, S. (2009, September-October). The big box swindle: The true cost of the mega-retailers. Multinational Monitor, 27(5), 34-39.
Ong, T. (2018, May 1). Best Buy is closing all 250 of its mobile stores in the U.S. The Verge. Retrieved from https://www.theverge.com/2018/3/1/17066232/best-buy-close-all-mobile-stores-may-us .
Thomas, L. (2019, August 28). Best Buy revs up supply chain ahead of the holiday season. CNBC. Retrieved from https://www.cnbc.com/2019/08/28/best-buy-revs-up-supply-chain-ahead-of-the-holiday-season.html .
Wack, K. (2017, June 29). Credit card issuers face peril from rise in store closures: American Banker, 182(124), 37-39.
Study Document
TikTok Platform And Application Walkthrough
… efficiently because each set of the user affects the satisfaction of the other. In considering the TikTok’s platformization, the following perspectives are considered: business studies, software/platform studies, political economy, and cultural studies (Nieborg, David, and Anne Helmond 4276). In terms of the business perspective, TikTok generated about $179.6 million in 2019 alone. Even though the revenue generation model is not adequately concluded, TikTok mostly generates its ……
References
Works-Cited List
Nieborg, David B., and Thomas Poell. "The platformization of cultural production: Theorizing the contingent cultural commodity." New Media & Society, vol. 20, no. 11, 2018, pp. 4275-4292.
Nieborg, David B., and Anne Helmond. "The political economy of Facebook’s platformization in the mobile ecosystem: Facebook Messenger as a platform instance." Media, Culture & Society, vol. 41, no. 2, 2018, pp. 196-218.
Plantin, Jean-Christophe, et al. "Infrastructure studies meet platform studies in the age of Google and Facebook." New Media & Society, vol. 20, no. 1, 2016, pp. 293-310.
Poell, Thomas and David Nieborg and José van Dijck. "Platformisation". Internet Policy Review 8.4 (2019). Web. 7 Mar. 2020.
Tiwana, Amrit. "The Value Proposition of Platforms." Platform Ecosystems, 2014, pp. 61-69.
Study Document
Evolving Public Interpretation Of Gentrification
… rack of bike-share bikes pop up near a busy corner? That's gentrification.
– Pete Saunders, 2017
Gentrification is one of the most controversial issues in American cities today. But as the epigraph above clearly indicates, it also remains one of the least understood. Few agree on how … This reluctance, of course, will only heightened when the term gentrification is used without operationalizing what it actually means to the residents and business owners of a given neighborhood. Longtime residents and business owners have a vested interest in their communities, so any perceived threat to their individual interests will naturally be met with fierce resistance.
… developers higher levels of density in return for funding more affordable housing units in their projects; establish a loan fund to help small business owners buy their buildings (NCRC, 2019).
Nevertheless, the negative connotations of the definitions of gentrification have made this type of……
References
Bibliography
Anderson, Elijah. 1990. Streetwise. Chicago: Univ. of Chicago Press.
Betancur, John J. “Gentrification in Latin America: Overview and Critical Analysis.” Urban Studies Research 37-41.
Berrey, Ellen C. 2005. Divided over diversity. City & Community 4 (2): 143-70
Black’s Law Dictionary. 1990. St. Paul, MN: West Publishing Co.
Bostic, Raphael W., and Richard W. Martin. 2003. Black home-owners as a gentrifying force? Urban Studies 40 (12): 2427-49.
Brown-Saracino, Japonica. 2004. Social preservationists and the quest for authentic community. City & Community 3 (2): 135-56.
Brummet, Quentin, and Davin Reed. “The Effects of Gentrification on the Well-Being and Opportunity of Original Resident Adults and Children.” Working Paper (Federal Reserve Bank of Philadelphia), 2019.
Capps, Kriston. “The Hidden Winners in Neighborhood Gentrification.” CityLab, July 22, 2019.
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