Product Review Essays (Examples)
Study Document
Best Buy Purchasing And Supply Management
… founded in 1966, Best Buy Co., Inc. (hereinafter alternatively “the company” or “Best Buy”) is a leading retailer in electronics and other consumer product that competes throughout North America and Mexico today. As of early 2019, Best Buy operated nearly 1,200 large format as well as 51 … as other major retailers, including most especially e-commerce operators such as Amazon (Wack, 2017). The purpose of this paper is to provide a review of the relevant literature to develop an informed and timely discussion and explanation concerning Best Buy’s new competitive environment and an analysis concerning … concerning this major retailer in the conclusion.
Discuss and explain Best Buy's New competitive environment
Best Buy competes as a retailer of technology product and services as well as offering a wide array of other consumer product throughout its North America and Mexican markets in two main business segments: (1) domestic and (2)……
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
EV Market Business Opportunity Analysis Report
… will transform the entire industry just as the first car transformed the horse and buggy industry. This idea aims to be disruptive. The product will be called EVX and the design is for a collapsible, light-weight, portable EV with a detachable battery, small enough to fit in … than twice the rate of established companies.” Enterpreneurs bring creative ideas and solutions to static or stagnant markets, inspiring consumers to try new product (Baron & Tang, 2011). However, there are mitigating factors: indeed, individual traits of the entrepreneur, “such as risk tolerance, entrepreneurial alertness, education and … 2019), competitors will be priced out of the market by the EVX and its patented design will prohibit them from producing a comparable product.
USP and Value Proposition
The USP is the EVX’s low cost, low price, removable battery and collapsible shell design. This differentiates it from ……
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
Enterprise Risk Management In Wells Fargo During The Pandemic
… corporations have filed for bankruptcy. All of this impacts the banking sector and Wells Fargo specifically because of its role in managing loan product, using interest rates to attract savers, and offering investment advice. “No single risk associated with the COVID-19 pandemic crisis can be managed in … manage risk. It is not just a matter of the shipping department looking at suppliers or the accounting department looking at the audit review board. It is a matter of the various departments working together to discuss their plans and to assist the organizational leaders in identifying ……
References
References
Beasley, M. (2020). How to Leverage ERM Principles to Better Respond to COVID-19-Related Risks. ERM Professional Insights.
Derysh, I. (2020). Watchdog questions why Wells Fargo reported giving only one large PPP loan to a Black-owned business. Retrieved from https://www.salon.com/2020/07/22/watchdog-questions-why-wells-fargo-reported-giving-only-one-large-ppp-loan-to-a-black-owned-business/
English, C. (2020). Wells Fargo Forced to Cut Its Dividend After Fed Stress Test. Here’s What Other Banks Did. Retrieved from https://www.barrons.com/articles/wells-fargo-forced-to-cut-its-dividend-after-fed-stress-test-51593467664
Hall, J. (2007). Internal Auditing and ERM: Fitting in and Adding Value. Retrieved from https://global.theiia.org/about/about-the-iia/Public Documents/Sawyer_Award_2007.pdf
Kaplan, R. & Mikes, A. (2012). Managing risks: A new framework. Harvard Business Review, 3.
Lewis, M. (2010). The Big Short. NY: W. W. Norton.
Lundqvist, S. (2014). Abandoning Silos for Integration: Implementing Enterprise Risk Management and Risk Governance. Lund University.
Morgenson, G. (2020). More Wells Fargo customers say the bank decided to pause their mortgage payments without asking. Retrieved from https://www.nbcnews.com/business/personal-finance/more-wells-fargo-customers-say-bank-decided-pause-their-mortgage-n1234610
Study Document
Health Care Institutional Organization And Management
...Product review Health Care Institutional Organization and Management
Question 1: Critical Thinking and Blooms Taxonomy Revised
1. What are the pros and cons of this approach to learning about healthcare?
Bloom’s Taxonomy revised comprises of the following six dimensions as illustrated below:
There are advantages to Revised Bloom’s Taxonomy as an approach to learning about health care. One of the benefits is that it is purposed to enable the educators to ascertain the logical and knowledgeable level at which the individual learners are capable of working. There is also the advantage that it assists the learners to scrutinize further to ask questions that are exceedingly challenging in addition to forming instructions that are purposed at enhancing critical thinking as they endeavor to reach the three highest levels of analysis, synthesis, and evaluation as the learners get prepared to attain such levels. Bloom’s taxonomy is a significantly potent tool that can be effortlessly……
References
References
Booker, M. J. (2007). A roof without walls: Benjamin Bloom’s taxonomy and the misdirection of American education. Academic Questions, 20(4), 347-355.
Jensen, M. C., & Heckling, W. H. (1995). Specific and general knowledge and organizational structure. Journal of applied corporate finance, 8(2), 4-18.
Katzenbach, J. R., & Smith, D. K. (2003). The Wisdom of Teams (lst ed.). New York: First Harper Business.
McGrath, R. G. (2013). The end of competitive advantage: How to keep your strategy moving as fast as your business. Harvard Business Review Press.
Taylor, N., Clay-Williams, R., Hogden, E., Braithwaite, J., & Groene, O. (2015). High performing hospitals: a qualitative systematic review of associated factors and practical strategies for improvement. BMC health services research, 15(1), 244.
Verenna, A. M. A., Noble, K. A., Pearson, H. E., & Miller, S. M. (2018). Role of comprehension on performance at higher levels of Bloom\\\\\\'s taxonomy: Findings from assessments of healthcare professional students. Anatomical sciences education, 11(5), 433-444.
Zelman, W. N., Pink, G. H., & Matthias, C. B. (2003). Use of the balanced scorecard in health care. Journal of health care finance, 29(4), 1-16
Source Link: https://www.researchgate.net/figure/Organizational-Chart-of-Leadership-at-the-Mayo-Clinic-the-parent-organization-changed_fig2_234069825
Study Document
Childrens Amusement Park
… the target customer. Third is the positioning strategy that the firm will adopt based on its approach to differentiation and low-cost services and product. Fourth will be the marketing mix that the company will use to reach consumers. Fifth will be the financial and budgetary concerns. And … one time visit pay will also be available for guests passing through. Membership fees and the sale of low cost food and beverage product will be the main revenue streams for the business and all budgeting for staff, maintenance crew, cleaning crew, and management will come from ……
References
References
Andzulis, J. M., Panagopoulos, N. G., & Rapp, A. (2012). A review of social media and implications for the sales process. Journal of Personal Selling & Sales Management, 32(3), 305-316.
Appelbaum, S. H., Habashy, S., Malo, J. L., & Shafiq, H. (2012). Back to the future: revisiting Kotter's 1996 change model. Journal of Management Development, 31(8), 764-782.
Chyi, H. I. (2005). Willingness to pay for online news: An empirical study on the viability of the subscription model. Journal of Media Economics, 18(2), 131-142.
Douglas, E. (2019). Houston economy to grow bigger, slower than other Texas cities: analysis. Retrieved from https://www.houstonchronicle.com/business/economy/article/Houston-economy-to-grow-bigger-slower-than-other 13903941.php#targetText=The%20Austin%20metro%20area%2C%20which,pace%2C%20according%20to%20the%20projections.
Frederick, S., Novemsky, N., Wang, J., Dhar, R., & Nowlis, S. (2009). Opportunity cost neglect. Journal of Consumer Research, 36(4), 553-561.
Lin, C. F. (2002). Segmenting customer brand preference: demographic or psychographic. Journal of Product & Brand Management, 11(4), 249-268.
Mangold, W. G., & Faulds, D. J. (2009). Social media: The new hybrid element of the promotion mix. Business horizons, 52(4), 357-365.
Teece, D. J. (2010). Business models, business strategy and innovation. Long range planning, 43(2-3), 172-194.
Study Document
Quality Improvement Plan
… with the services received and they will be unwilling to go elsewhere for the same services. Customer loyalty will also lead to positive review of the business from the customers. This will, in turn, lead to new customers willing to give the business a try, which increases … competitive prices to the company.
Conclusion
The service department needs to reduce the customer complaints it receives to ensure that the service or product being delivered meets the customer needs and requirements. The current focus of the department on customer assumptions can be attributed to these customer ……
References
References
Brown, C. (2019). Why and how to employ the SIPOC model. Journal of business continuity & emergency planning, 12(3), 198-210.
Carvalho, M. S., Magalhaes, D. S., Varela, M. L., Sa, J. O., & Gonçalves, I. (2016). Definition of a collaborative working model to the logistics area using design for Six Sigma. International Journal of Quality & Reliability Management, 33(4), 465-475.
Shojaie, A. A., Raissi, S., & Dogahe, R. A. (2016). Impact analysis of TQM\\\\\\'s hard aspects on sigma level in electronics and telecommunication production process. International Journal of Productivity and Quality Management, 18(4), 425-439.
Study Document
Rosacea Skin Condition
...Product review Rosacea
Outline
· Introduction
· Signs and symptoms
· Impact of the disease on healthy body functions, and relates to symptoms
· Risk factors and preventive steps
· Maintenance of quality of life
· Diagnostic and therapeutic tools
· Expected outcomes and prognosis
· Current research into prevention, treatment or even cure
· Possible areas of research into prevention, treatment or cure
· Conclusion
Introduction
Rosacea is a skin condition that affects white people in most cases. However, it may also affect any type of skin for people aged 40 to 60 years old. The skin condition is observed more commonly in women than in men. However, when it occurs in men, it is more severe. The condition is chronic and may continue for pronged periods in any person. The severity of people fluctuates. The condition commonly affects the chin, forehead, and nose. It usually manifests by a reddening nose……
References
References
Biggers, A. (Reviewer) (2020). Can Rosacea Be Cured? New Treatments and Research. Healthline. Retrieved from https://www.healthline.com/health/rosacea/research-cure-update
Gallo, R. L., Granstein, R. D., Kang, S., Mannis, M., Steinhoff, M., Tan, J., & Thiboutot, D. (2018). Standard classification and pathophysiology of rosacea: The 2017 update by the National Rosacea Society Expert Committee. Journal of the American Academy of Dermatology, 78(1), 148-155.
Iyengar, S., Williamson, P. R., Schmitt, J., Johannsen, L., Maher, I. A., Sobanko, J. F., ... & Alam, M. (2016). Development of a core outcome set for clinical trials in rosacea: study protocol for a systematic review of the literature and identification of a core outcome set using a Delphi survey. Trials, 17(1), 429.
Oge, L. K., Muncie Jr, H. L., & Phillips-Savoy, A. R. (2015). Rosacea: diagnosis and treatment. American family physician, 92(3), 187-196.
Steinhoff, M., Schauber, J., & Leyden, J. J. (2013). New insights into rosacea pathophysiology: a review of recent findings. Journal of the American Academy of Dermatology, 69(6), S15-S26.
Van Zuuren, E. J. (2017). Rosacea. New England Journal of Medicine, 377(18), 1754-1764.
Van Zuuren, E. J., Fedorowicz, Z., Carter, B., van der Linden, M. M., & Charland, L. (2015). Interventions for rosacea. Cochrane Database of Systematic Reviews, (4).
Walsh, R. K., Endicott, A. A., & Shinkai, K. (2018). Diagnosis and treatment of rosacea fulminans: a comprehensive review. American journal of clinical dermatology, 19(1), 79-86.
Study Document
Recruitment Of Talented Employees
… the very best people do the majority of the work at most organizations, thus hiring and keeping the right people can result in product gains as well as cost savings due to retention. Keller & Meaney (2017) estimate that high performers are 400% more product than average ones.
In other words, the majority of the work at many organizations is often done only by a small handful of … critical, such as in the fields of healthcare, technology, and creative occupations—in these spheres, workers are estimated as being as much as 800% product. Knowledge-based workers drive the innovation and advancement of the organization forward by offering new ideas that are springboards for new product that can be potentially revolutionary and give a first-mover advantage to the organization.
Hiring initiatives need to be specific, targeted, and offer a … need to be specific, targeted, and offer a genuine value proposition—not……
References
References
Bajic, E. (2013). The 6 steps for retaining good employees. Forbes. Retrieved from:
https://www.forbes.com/sites/elenabajic/2013/07/15/the-6-steps-for-retaining-good- employees/#63a92aa5721f
Fallon, N. (2016). 6 steps for learning how to recruit the best talent. Business News Daily.
Retrieved from: https://www.businessnewsdaily.com/6252-tips-for-recruiters.html
Keller, S. & Meaney, (2017). Attracting and retaining the right talent. McKinsey. Retrieved
from: https://www.mckinsey.com/business-functions/organization/our-insights/attracting - and-retaining-the-right-talent
Williams, D. & Scott, M. (2012). Five ways to retain employees forever. Harvard Business
Review Retrieved from: https://hbr.org/2012/11/five-ways-to-retain-employees
Study Document
Starbucks Corporation Operational Sustainability
… retailers strive to compete. The Starbucks Corporation has been able to leverage its consumer’s buying power to offer a more affordable and better product than its competitors while doing so at large volumes globally that have allowed it to benefit from economies of scale. To ensure sustainability … that have allowed it to benefit from economies of scale. To ensure sustainability as the average consumer goes digital and embraces various technological product, the corporation has partnered with Apple to offer coupons that can be redeemed using iPhones. The company is positioning itself to reap from … The company is positioning itself to reap from the benefits of cross-selling and co-branding that are increasingly becoming popular as Smartphone technology advances…[break]…more product coffee farming and supply chain solutions. Starbucks has established Farmer Support Centers in various communities to offer financial support to its suppliers. Such … financial support to its suppliers.……
References
References
Bruhn-Hansen, S. (2012). Corporate Social Responsibility–A case study of Starbucks’ CSR: communication through its corporate website. Unpublished master’s thesis, Illinois State University. Retrieved from http://pure. au. dk/portal/files/45282206/ba_thesis. pdf.
Harnrungchalotorn, S., & Phayonlerd, Y. (2016). Starbucks with Corporate Social Responsibility (CSR):“How Starbucks succeeds in a business world with CSR” (Doctoral dissertation, Master Thesis. Faculty Board of Economic Sciences, Communication and IT Business Administration).
Juneja, P. (2018). PESTLE Analysis of Starbucks. Retrieved November 21, 2019, from https://www.managementstudyguide.com/swot-analysis-of-unilever.htm .
Khalamayzer, A. (2017, November 16). How Starbucks brewed a stronger sustainability bond. Retrieved November 21, 2019, from https://www.greenbiz.com/article/how-starbucks-brewed-stronger-sustainability-bond .
Steven Li. (2019, July 5). Is Starbucks actually serious about environmental sustainability? Retrieved November 21, 2019, from https://therising.co/2019/07/05/is-starbucks-actually-serious-about-environmental-sustainability/ .
Sustainalytics. (2019). Second-Party Opinion Starbucks Sustainability Bond. Sustainalytics Second-Party Opinion Review.
Study Document
Governments Procurement Methods In Integrated Public Service
… the government, the private sector, and the general public is securing services and, or goods. The model focuses on the delivery of services, product, and infrastructure to the public. The areas under focus transcend a broad span, including water treatment, transportation, health, education, energy, environment, among others. … education, energy, environment, among others. It is a common belief that PPP is a great approach to handle the provision of services and product to the public. The procurement strategy is known as the Public-Private Partnership. As the name suggests, the program is meant to encourage the ……
References
Bibliography
Duff, V. (2020). What is organizational integration? Retrieved from https://smallbusiness.chron.com/organizational-integration-82053.html
Friedman, S. (2016). Successful public/private partnerships from principles to practices. Washington, DC: Urban Land Institute.
Ma, L., Li, J., Jin, R., &Ke, Y. (2019). A holistic review of public-private partnership literature published between 2008 and 2018. Advances in Civil Engineering. Retrieved from http://downloads.hindawi.com/journals/ace/2019/7094653.pdf
PrivacySense. (2016). Public sector. Retrieved from http://www.privacysense.net/terms/public-sector/
Reddy, C. (2016). Staff training: Importance, benefits, advantages, and disadvantages. Retrieved from https://content.wisestep.com/staff-training-importance-benefits-advantages-disadvantages/
Sekhri, N., Feachem, R., & Ni, A. (2011). Public-private integrated partnerships demonstrate the potential to improve health care access, quality, and efficiency. Health Affairs, 30(8).
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