Bakery start up

The clients are very important to a business. They are the ones bringing in all your income so it is only right that they are taken into consideration. A good relationship with your client should always come first. My clients will be able to share the same interest and love I have with baking. High … Read more

What are the various forms of organizational structures? How do they help successful organizations?

Formal organisational structure clearly spells out the job to be performed by each individual, the authority, responsibility assigned to every individual, the superior- subordinate relationship and the designation of every individual in the organisation. This structure is created intentionally by the managers for achievement of organisational goal. Formal organisational structures are categorised as: Line organisational … Read more

Diversity and inclusion

What is Diversity? All people are the same because biologically we are all part of the same sort. But also every human is unique. Diversity means all the ways we differ and that each individual is unique. This includes visible differences such as age, race, ethnicity, gender, ethnicity and physical appearance, as well as underlying … Read more

Political risk

Multi National Economies are confronted with the political risk at home country as well as host country. In host countries, political risk associated with risky action by the ruling government and politically related institution and others like non-government extremist/green activities group. At the same time political risk that directly connected with an investment like sanctions … Read more

Company strategy notes

Marketing Mix Component Questions the functional tactics should address Product/Service Which service image do we need to project? – A modern and innovative company – A customer-oriented organisation Price Are we competing on price? – Reduced cost will help being more competitive What is our pricing policy? – We shall opt for a price penetration … Read more

Organisational Structures and Cultures

Organisational Structures An organisational structure is the typical arrangement of lines of command or authority, communications, rights and duties of an organisation. The organisational structure will determine how roles, duties and responsibilities are assigned and how information flows between the different levels of management. The structure of a company will typically depend on the company’s … Read more

YUKOS Oil Company

1. Overview of YUKOS Oil Company and its shareholders. What was YUKOS? YUKOS Oil Company ‘ was the largest privately owned (by shareholders via offshore holding company ‘Group MENATEP Company’ registered in Gibraltar) oil company, the fourth largest oil company in the world that produced a million barrels of oil per day (2% of global … Read more

Sustainability at BMW Group

Sustainability has a powerful influence on the automotive industry; therefore also on the worlds number one producer of premium vehicles. BMW takes sustainability to a higher level. As quoted by Dr.-Ing. E. H. Norbert Reithofer: ‘We take a Holistic approach by implementing sustainability along the entire value chain’. BMW implements sustainability as a definition of … Read more

Software for the company

SOFTWARE DEVELOPMENT COMPANY Today is the Era of technology and to be successful in your business and fulfil its specific requirement you need software that accomplishes all your business goals. SOFTWARE can be called as instructions given to a computer that allow a computer processor to do a specific task.’ We can also notify it … Read more

Corporate social responsibility and sustainability

Usually CSR and sustainability use to signify the same thing but conceptually there are slight difference as CSR focus on triple bottom lines i.e. economic, social and environmental responsibility while sustainability emphasis to societal and environmental development. The purpose of establishing CSR into core business strategies is to bring stability for in long run and … Read more

Walmart Retailers Inc

1.0 Introduction Walmart Retailers Inc. is an American public cohesiveness that runs a chain of substantial price department store along with warehouses. According to Pereira (2004), the Founder Sam Walton created Walmart in 1962 and he proclaimed that the three strategy objects which will define his business are, respect for the individual, service to clients … Read more

Hammond Aerospace

After the death of Hammond, the former CEO who was known as the backbone of a successful American International Aerospace company, Hammond Aerospace named Cheryl Tobin as the new replacement for its previous CEO. Entering her first day as the CEO, she is aware of the rumor that has been circulating outside, about the company … Read more

Impact of Psychological Contract on Job Satisfaction in Banking Sector

ABSTRACT The purpose of this study is to examine the relationship between the psychological contract and job satisfaction. Companies that invest more efforts in achieving higher level psychological contract between their employees, employer and organization have more satisfied employees in the organization. The research design is descriptive in nature. A convenient sampling has been used … Read more

Encouraging diversity of thought in an organisation

Executive Summary Diversity in the recent past has primarily focused on fairness for populations that have been legally protected. Now however organizations have the opportunity to harness a better, more powerful and a more refined approach to a different kind of diversity which is the ‘diversity of thought’. With recent advances in neurological research it … Read more

Motivation in the workplace

Organization is a substance comprising of number of individuals cooperating to accomplish a normal goal. Organization upper forces are accused of obligation regarding watching patterns of the association which is transcendently on the mentality of distinct laborers inside the association. The demeanor and reaction of specialists towards the association’s objective to a great extent focus … Read more