Enterprise Risk Management – ERM

Risk taking is a characteristic piece of any enterprise establishment, yet isn’t regularly expressed in the definition of business choices. The term Risk has often been connected with unwanted events, and risk management has been characterized as investigating and limiting the likelihood and effect of undesirable events. This is just a single analysis of the … Read more

Quality inspection and assurance

In today’s rapidly changing and yet more competitive international market quality has become something that more and more businesses are focused on. The reasons are very clear. In this market your strategy can either be to go about the price route (i.e. competing on price) or justifying the extra price by providing better quality product … Read more

Advancements in Procurement Practices and Supply-Chain Management…

Advancements in Procurement Practices and Supply-Chain Management in the Construction Industry Table of Figures FIGURE 1 – CONSTRUCTION GLOBAL LABOR-PRODUCTIVITY GROWTH 5 FIGURE 2 – POTENTIAL GLOBAL PRODUCTIVITY IMPROVEMENT FROM IMPLEMENTATION OF BEST PRACTICES 6 FIGURE 3 – ROOT CAUSES FOR LOW CONSTRUCTION PRODUCTIVITY 8 FIGURE 4 – BIM DIMENSIONS 19 ? I. Abstract The … Read more

Get out of my space – business idea

Executive Summary Get Out Of My Space (GOOMS) was founded by four friends in 2014, and has had a focus on defying what people thought possible of us. In the summer of 2018 GOOMS’ producing a show, ‘Umbra’, in collaboration with Theatre with Teeth, that will once again go above and beyond people’s expectations. In … Read more

Tuffstuff structure, PEST & SWOT, business report

PART 1: Organization Structure The structure of the business will determine the way the business will be managed. The organizational structure stipulates who owns the business; and how profits are to be distributed and which bosses manages what department. It can also help on how information is communicated from the top to those on the … Read more

Importance of company budgets, reasons for budgeting & alternative budgeting systems

Budget is intended to control the general finance of companies in regard to the fiscal year, but can be arranged into quarterly, monthly and yearly etc., which is intended to coincide with company’s annual report, but it can also be extended to a shorter or longer period depending on company’s need or requirement. Budgeting is … Read more

The Importance of Writing, Speaking and Listening In International Business Communication

The purpose of communication is achieved only when the receiver receives the message sent by the sender fully and clearly (Ghanekar, 2007). It is observed that expressing our wants, feelings, thoughts and opinions through interpersonal communication consists only half part of the process, whereas listening and understanding others constitute the rest of the communication process. … Read more

Benefits and rewards for employees

BENEFITS AND REWARDS For organization’s success, compensation package such as pay, benefits, working hours and holidays, and rewards and incentives should be provided to workers which complied with the relevant employment laws (Aminuddin, 2009, p. 101). One compensation package must combine with four elements by the employer to employee for their performance as total rewards … Read more

Communication, collaboration and coordination for achieving success

There are a variety of factors which are an essential part of a smoothly running business organisation. Three factors in particular, communication, collaboration and coordination are important in achieving success within an organisation and will be the main focus throughout. Communication can be defined as ‘the exchange of an information, thought and emotion between individuals … Read more

SWOT analysis of Pizza hut

Opportunities in SWOT analysis of Pizza hut The best opportunity for pizza hut is further expansion of the food range. I personally am waiting for a mcspicy type pizza being served in Pizza hut. This will give customers the spicy variety that they want. The same strategy has worked wonders for McDonald’s. Another opportunity is … Read more

Will videoconferencing make business travel extinct?

2.0 Introduction In today’s world, technology has evolved in many ways that are beneficial for businesses. One technology that has been developed is videoconferencing. Videoconferencing can be defined as a conference between two or more participants by using the computer network to transmit audio and visual data. (Beal, n.d.) The participants would be able to … Read more

Planning and allocating work

Introduction: – I currently work as part of a Shift team in the Data Centre Environment; this is structured as follows • Our team consists of an Area General Manager. • Below Him is the Contract Manager. • This then branches off to 4 teams of two engineers, one is a Shift Manager (Me) and … Read more

METHODS OF BUSINESS RESEARCH

GAP ANALYSIS During children’s programs, food advertisements are shown with visuals containing violent behavior, disrespect of values and showing that children can steal as it is a fun thing to do. Such behavior which is promoted on television through advertisements and commercials are enforcing the same behavior among young and middle age kids. (Brewster, 2009) … Read more

The Relationship Among Enactment, Organizing, and Sensemaking

‘The basic idea of sensemaking is that reality is an ongoing accomplishment that emerges from efforts to create order, and make retrospective sense of what occurs’ (Weick, 1995). The concept of sensemaking is related to the philosophical stream of social-constructionism. This movement views the construction of reality rather as an outcome of social interaction than … Read more