Business Problem Essays (Examples)
Study Document
How To Start A Business According To Christian Principles
Case Study: Starting and Naming a business
Starting, naming and managing a business can be difficult. One has to decide how to organize the business, what to name, and who to bring in to help maintain it. Addressing these challenges can be confusing if one is unsure of … However, with a little understanding in this department and a little guidance from Scripture, which provides the right perspective on how manage a business, one can approach the process with confidence. This paper will discuss the case of Shania and her plan for a Christian coffeehouse that … discuss the case of Shania and her plan for a Christian coffeehouse that she wants to name The Gathering Place.
Setting up the business
If Shania’s husband Marvin is interested in being an investor in the business, the best entity to organize under would be a limited partnership. A limited partnership allows there……
References
References
Kenton, W. (2019). Limited partner. Retrieved from https://www.investopedia.com/terms/l/limited-partner.asp
Murray, J. (2019a). How to file articles of organization. Retrieved from https://www.thebalancesmb.com/how-to-file-articles-of-organization-for-an-llc-397776
Murray, J. (2019b). Which business type is best? Retrieved from https://www.thebalancesmb.com/which-business-type-is-best-for-my-company-397542
Study Document
Using Social Media For Meal Prepping Business
Introduction
The implementation plan for the Meal Prepping business is to design the organizational structure: the company will necessarily have to be organized as a non-profit with 501(c)3 status to ensure that … status to ensure that big donors can write off donations, which is a major incentive for many who wish to support non-profits. The business will need to be self-sustainable, however, and cannot count on relying on federal dollars, as the government itself is already heavily in debt … dollars, as the government itself is already heavily in debt and future years are likely to see big cuts in federal spending. The business’s success will thus depend upon partnering with other local business to gain visibility, using crowdfunding (Zhou & Kuo, 2018) to gain seed money that will support early investment in the business’s development, and using social media in the same way Elon Musk at Tesla has……
References
References
Lunt, T., & Nicotra, E. (2018). Event Sponsorship and Fundraising: An Advanced Guide. Kogan Page Publishers.
Malhotra, C. K., & Malhotra, A. (2016). How CEOs can leverage twitter. MIT Sloan Management Review, 57(2), 73.
Stever, G. S., & Lawson, K. (2013). Twitter as a way for celebrities to communicate with fans: Implications for the study of parasocial interaction. North American journal of psychology, 15(2).
Yauney, R. H. (2018). Leadership Development: A Study of Elon Musk. Marriott Student Review, 2(2), 4.
Zhou, S., & Kuo, C. (2018). How Social Media are Changing Nonprofit Advocacy: Evidence from the Crowdfunding Platform in Taiwan. The China Nonprofit Review, 10(2), 349-370.
Study Document
Family Business Reliance Industries Ambani Family
… granted the telecoms, entertainment, financial and energy sections of the firm.
Criteria Used by Academics to Assess How to Manage Professionally a Family business
There are many differences between the family-owned firm and the professionally managed firm. The family will have a personal stake in the success … many differences between the family-owned firm and the professionally managed firm. The family will have a personal stake in the success of the business while professional managers will only have an interest that is “limited to the specifics of the employment contract” (Daily & Dollinger, 1991, p. … p. 3). The risk of losing the job is also nowhere near the risk of failure assumed by the family owner, since the business is not just the family owner’s livelihood but also reputation and sense of self-worth. Daily & Dollinger (1991) note that “organizational performance is … less capital, pay lower interest……
References
References
Burkart, M., Panunzi, F. and Shleifer, A., 2003. Family firms. The journal of finance, 58(5), pp.2167-2201.
Daily, C.M. and Dollinger, M.J., 1991. Family firms are different. Review of Business, 13(1-2), pp.3-6.
McConaughy, D.L., Matthews, C.H. and Fialko, A.S., 2001. Founding family controlled firms: Performance, risk, and value. Journal of small business management, 39(1), pp.31-49.
Ray, A., 2020. Reliance to pay twice. Retrieved from https://www.livemint.com/news/india/reliance-to-pay-twice-to-those-employees-who-earn-below-rs-30-000-11585033829993.html
Reliance Industries, Limited, 2019. Retrieved from https://www.ril.com/DownloadFiles/Subsidiaries%20and%20major%20Associates%20of%20RIL.pdf
RIL Annual Report, 2019. Retrieved from https://www.ril.com/getattachment/2b3a5223-b9a3-4bc1-b9b6-99f9b1e85a07/Financial%20performance%20for%20the%20year%20ended%2031%20Mar,%202019.aspx
Sraer, D. and Thesmar, D., 2007. Performance and behavior of family firms: Evidence from the French stock market. Journal of the european economic Association, 5(4), pp.709-751.
Study Document
Spa Innovative Business Idea
… watches the kids while mom gets the pampering she needs and deserves. No appointments, no wait times, just in and out and no problem.
This innovative idea will make money in communities where there are a lot of new families. It can be a subscription based model: ……
Study Document
Theory Practice Of Business Psychology In Johnson & Johnson Company
Theory and Practice of business Psychology
Table of Contents
1 Introduction 3
2 Motivators in the Workplace 3
2.1 Herzberg’s Two-Factor Theory of Workplace Motivation 3
2.2 Vroom’s ……
References
References
Asim, M., 2013. Impact of Motivation on Employee Performance with effect of training: Specific to Education Sector of Pakistan. International Journal of Scientific and Research Publications, 3(9), 1-9.
Heneman, H. G., & Schwab, D. P., 1972. Evaluation of research on expectancy theory predictions of employee performance. Psychological Bulletin, 78(1), 1.
Herzberg, F., 1987. One More Time: How Do You Motivate Employees? Harvard Business Review, 65, 5.
Herzberg, F., Mausner, B. & Snyderman, B. 1959. The motivation to work. New York. John Wiley.
Hilgert, R. L., Leonard, E. C., 2001. Supervision: Concepts and practices of management. New York: South-Western College Publication.
Johnson & Johnson., 2020. Wellness 360: 9 Innovative Johnson & Johnson Employee Benefits for Mind, Body, and Budget. Retrieved 25 February 2020 from https://www.jnj.com/health-and-wellness/innovative-employee-benefits-and-wellness-programs-from-johnson-johnson
Johnson & Johnson., 2020. Careers: Healthiest Finances. Retrieved 25 February 2020 from https://www.careers.jnj.com/employee-benefits/financial-benefits .
Johnson & Johnson. , 2018. 2018 Health for Humanity Report: Creating Unique Career Opportunities. Retrieved 25 February 2020 from https://healthforhumanityreport.jnj.com/our-people/creating-unique-career-opportunities
Study Document
EV Market Business Opportunity Analysis Report
… the rise of Tesla and its Model 3. However, while Tesla is basically a luxury EV manufacturer and most other automakers in the business are approaching the EV design with a tendency towards luxury over affordability, the idea behind this venture is to provide a cheap, high-quality … this innovative idea aims to do.
Role of Entrepreneurs and Entrepreneurship on Innovation
Entrepreneurs and entrepreneurship play big roles in the delivery of business innovation. As Weinberger (2016) notes “entrepreneurs are creating jobs at more than twice the rate of established companies.” Enterpreneurs bring creative ideas and … smart about how they approach the marketplace. Betting too much on one single innovation could put an entire firm at risk—which is the problem currently facing Tesla, as Elon Musk, the CEO of Tesla has admitted to “betting the company” on the Model 3 (Crum, 2018)—a big … would need. So far that……
References
References
Andwari, A.M., Pesiridis, A., Rajoo, S., Martinez-Botas, R. and Esfahanian, V., 2017. A review of Battery Electric Vehicle technology and readiness levels. Renewable and Sustainable Energy Reviews, 78, pp.414-430.
Angerer, M., Brem, A., Kraus, S. and Peter, A., 2017. Start-up funding via equity crowdfunding in Germany: A qualitative analysis of success factors. The Journal of Entrepreneurial Finance (JEF), 19(1), pp.1-34.
Baron, R.A. and Tang, J., 2011. The role of entrepreneurs in firm-level innovation: Joint effects of positive affect, creativity, and environmental dynamism. Journal of Business Venturing, 26(1), pp.49-60.
Car, 2019. Best EVs 2019. Retrieved from https://www.carmagazine.co.uk/electric/best-electric-cars-and-evs/
Crum, R. 2018. Elon Musk says Tesla nearly died during Model 3 production ramp. Retrieved from https://www.mercurynews.com/2018/11/26/elon-musk-says-tesla-nearly-died-during-model-3-production-ramp/
Ewing, J. 2017. What Needs to Happen Before Electric Cars Take Over the World. Retrieved from https://www.nytimes.com/2017/12/18/business/electric-car-adoption.html
Fuentelsaz, L., Maicas, J.P. and Montero, J., 2018. Entrepreneurs and innovation: The contingent role of institutional factors. International Small Business Journal, 36(6), pp.686-711.
Inman, P., 2019. Is a global recession imminent? Retrieved from https://www.theguardian.com/uk-news/2019/aug/25/is-a-global-recession-coming-here-are-seven-warning-signs
Study Document
Elite Business Solutions EBS Worldwide Inc Field Report
Elite business Solutions (EBS) Worldwide, Inc.
Introduction
Change management is a crucial part of any business because, given the ever-shifting economy and the relevant economic forces, a business must change to adapt to the prevailing market forces (Doppelt 2017). The process of change management can either be successful or a failure, … process of change management can either be successful or a failure, and its success or failure can significantly affect the continuation of the business. It is not always that failure of change management will translate to failure of the business, but it can significantly affect growth. This paper focuses on the Indian business environment by analyzing a Small and Medium Enterprise (SME) and an Entrepreneur who has experience of managing change. The analysis of the business will be done through Lewin's Change Management Model. Therefore, this paper analyses EBS Worldwide Inc., formerly known as EasyBuyMusic and the entrepreneur……
References
References
Doppelt, B., 2017. Leading change toward sustainability: A change-management guide for business, government, and civil society. Routledge.
EBS Worldwide Inc., 2009. Retrieved from http://www.ebsworldwide.biz/index.php
Financial Express, 2002. EasyBuyMusic renames itself, expands product range. Retrieved from https://www.financialexpress.com/archive/easybuymusic-renames-itself-expands-product-range/37717/
Rodrigues, M., 2012. Five entrepreneurs tell us how they reinvented themselves. India Today. Retrieved from https://www.indiatoday.in/magazine/supplement/story/20120813-business-entrepreneurs-stock-vinay-gupta-nikhil-velpanur-759294-2012-08-01
Shirey, M. R. (2013). Lewin\\\\\\\\\\\\'s theory of planned change as a strategic resource. JONA: The Journal of Nursing Administration, 43(2), 69-72.
Study Document
Trolley Problems And Self Driving Cars
The Limits of Deontology and Utilitarianism in the Trolley problem
Introduction
The trolley problem is an old moral quandary that essentially has no wrong or right answer. It is a kind of worst case scenario in which … ahead who have been stopped for some reason? Or is such a scenario even worth thinking about? The reality is that the trolley problem is more useful as a philosophical tool for identifying the differences between various ethical perspectives, such as utilitarianism and deontology (Carter). Outside of … and Smids point out, other than the legal ramifications of how an engineer programs a self-driving car, the morality of solving the trolley problem is too elusive to solve: obviously it is important to take ethical problem seriously, but “reasoning about probabilities, uncertainties and risk-management vs. intuitive judgments about what are stipulated to be known and fully certain facts” is … Leaving morality up……
References
Works Cited
Carter, Stacy M. \\\\\\\\\\\\"Overdiagnosis, ethics, and trolley problems: why factors other than outcomes matter—an essay by Stacy Carter.\\\\\\\\\\\\" Bmj 358 (2017): j3872.
Ewing, J. “German Court Says Tesla Self-Driving Claims Are Misleading.” New York Times, 2020. https://www.nytimes.com/2020/07/14/business/tesla-autopilot-germany.html
Himmelreich, Johannes. \\\\\\\\\\\\"Never mind the trolley: The ethics of autonomous vehicles in mundane situations.\\\\\\\\\\\\" Ethical Theory and Moral Practice 21.3 (2018): 669-684.
Marshall, Aarian. “What Can the Trolley Problem Teach Self-Driving Car Engineers?” Wired, 2010. https://www.wired.com/story/trolley-problem-teach-self-driving-car-engineers/
Nyholm, Sven. \\\\\\\\\\\\"The ethics of crashes with self?driving cars: A roadmap, I.\\\\\\\\\\\\" Philosophy Compass 13.7 (2018): e12507.
Nyholm, Sven, and Jilles Smids. \\\\\\\\\\\\"The ethics of accident-algorithms for self-driving cars: An applied trolley problem?.\\\\\\\\\\\\" Ethical theory and moral practice 19.5 (2016): 1275-1289.
Pojman, L. and J. Fieser. Ethics: Discovering Right and Wrong. Cengage, 2012.
Snow, Nancy E. \\\\\\\\\\\\"Neo-Aristotelian Virtue Ethics.\\\\\\\\\\\\" The Oxford Handbook of Virtue. Oxford University Press, 2018. 321.
Study Document
Nike S Colin Kaepernick Ad Campaign
...Business problem Nike
Executive Summary
Nike’s decision to tap into “woke culture” and turn the out of work former NFL quarter Colin Kaepernick into a brand ambassador has been a controversial one since the sportswear company launched its Colin ad campaign in 2018. This paper discusses the strategic issue underlying Nike’s controversial campaign and shows how it was intended to leverage “woke culture” and gain competitive advantage in an industry that had largely stayed quiet on socio-political issues. This paper provides an external analysis, internal analysis, and financial analysis before addressing the strategic issue. Alternatives are also discussed along with a recommendation and an implementation plan. Before beginning, background information on Nike is provided here below.
Company Vision/Mission
Nike’s Vision is to “to bring inspiration and innovation to every athlete in the world.” Its mission is to create “groundbreaking sport innovations, by making our products more sustainably, by building a creative and diverse global……
References
References
About Nike. (2020). Retrieved from https://about.nike.com/
Bartash, J. (2020). Apple’s Covid-19 warning. Retrieved from https://www.marketwatch.com/story/how-much-will-covid-19-hurt-the-us-economy-its-anyones-guess-right-now-2020-02-12
Delventhal, S. (2019). Nike facing challenging dynamics. Retrieved from https://www.investopedia.com/news/nike-facing-challenging-dynamics-goldman-sachs/
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.
Neikirk, T. (2019). Nike sales are again way up. Retrieved from https://hillreporter.com/nike-sales-are-again-way-up-following-conservative-boycott-40033
Nusser, S., Mahle, I., & Pätzmann, J. U. (2015). How Social Commerce Communication can support Brand Loyalty: An Analysis of Nike‘s Efforts in Facebook Community Management. Markenbrand, (4/2015), 48-57.
Oyedele, A. (2018). Nike surges. Retrieved from https://markets.businessinsider.com/news/stocks/nike-earnings-q4-2018-2018-6-1027328545
Storey, G. (2019). Nike and the importance of meaningful brand values. Retrieved from https://polpeo.com/nike-and-the-importance-of-meaningful-brand-values/
Study Document
Why Uber Refuses To Hire Drivers As Full Time Employees
problem at Uber
Introduction
Uber has 22,000 employees worldwide and approximately half of its employees work inside the US. The company has nearly 1 … employees work inside the US. The company has nearly 1 million drivers in the US and approximately 4 million worldwide (Sainato, 2019). The problem that Uber has is that it does not consider its drivers as actual employees even though this categorization has been challenged at the … recently revealed that Uber’s drivers will continue to be classified as contractors. Though the company has viewed this as a victory for its business model, there are plenty of problem that remain as a result of this continuation of what many drivers view as an inappropriate classification. This paper will address the issue … of this continuation of what many drivers view as an inappropriate classification. This paper will address the issue at the heart of this……
References
References
Bhuiyan, J. (2018). Uber’s sleek new product? Your safety. Retrieved from https://www.vox.com/2018/9/6/17824294/uber-safety-product-feature s
Bond, S. (2019). Uber Received Nearly 6,000 U.S. Sexual Assault Claims In Past 2 Years. Retrieved from https://www.npr.org/2019/12/05/785037245/uber-received-nearly-6-000-u-s-sexual-assault-claims-in-past-2-year s
Kaltner, J. (2018). Employment status of uber and lyft drivers: Unsettlingly settled. Hastings Women's LJ, 29, 29.
Malos, S., Lester, G. V., & Virick, M. (2018). Uber drivers and employment status in the gig economy: Should corporate social responsibility tip the scales?. Employee Responsibilities and Rights Journal, 30(4), 239-251.
North, A. (2019). It’s not just passengers being assaulted in Ubers. Drivers are at risk, too. Retrieved from https://www.vox.com/2019/12/7/20998646/uber-safety-report-sexual-assault-lyft-case s
Rapier, G. (2019). Uber scored a major victory when the US government ruled drivers aren't employees, but not everyone is happy. Retrieved from https://www.businessinsider.com/uber-drivers-disappointed-ruling-not-employees-2019-5
Reingold, J. (2013). Southwest’s Herb Kelleher: Still crazy after all these years. Retrieved from http://fortune.com/2013/01/14/southwests-herb-kelleher-still-crazy-after-all-these-years/
Rogers, B. (2016). Employment rights in the platform economy: Getting back to basics. Harv. L. & Pol'y Rev., 10, 479.
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