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Business
The key characteristic of an adaptive organization is its ability to synchronize the supply and demand of its goods and services while keeping up with the constant changes of its environment....
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Business
Continuous change and improvement has become the norm in today's workforce. Therefore, an organization's management team must be able to accommodate and adapt to any changes that come on a daily...
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Business
Women and men tend to make purchasing decisions differently due to their social and cognitive variations. Statistics show that women experience joy and happiness while shopping, often viewing it as...
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Business
Gender is one the most significant factor that affect consumer purchasing behavior. Women and men think differently about different products because they utilize products differently from one...
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Business
According to the Federal Reserve website, "Monetary policy in the United States comprises the Federal Reserve's actions and communications to promote maximum employment, stable prices, and...
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Business
India and Pakistan were partitioned in 1947 after the withdrawal of the British from the subcontinent. Since then, the relationship between these two nations has been a fraught one. The population...
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Business
To assist you in answering this question, let's take a look at what being committed to social responsibility means to a company. A company's commitment to social responsibility can be described as...
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Business
Practicing ethical behavior in the workplace promotes strong teams and builds morale, which increases workplace productivity and performance. The following explains how managers can encourage...
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Business
As globalization has shifted the traditional manufacturing and product chains, so have management theory. Theory X and Theory Y were some of a spate of employee motivation and management theories...
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Business
The answer to the question of whether primary markets would exist without the existence of secondary markets depends on which investments and which asset class are under discussion. Secondary...
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Business
Greenwashing is a term that refers to the use of deceptive advertising to make a company appear to be environmentally friendly when it is clearly not. It is based on the term whitewashing, which...
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Business
Molly has different funding options to secure the lease by paying the first month's rent and security deposit. She can access money from external sources through the use of either debt or equity...
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Business
In this example, the average time a whisky bottle will spend on the shelf of a bar is quite simple. We need only multiply the total number of bottles (12) by the average rate of consumption (2...
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Business
When comparing and contrasting these three brokers, E*TRADE, Charles Swab, and Merrill Lynch, one of the first significant differences we notice is that the youngest firm, E*TRADE, was created as...
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Business
The Big Five personality traits are extraversion, neuroticism, agreeableness, openness, and conscientiousness. There are clearly good reasons why employers would be interested in these traits,...
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Business
The potential for return from bonds is typically lower than from stocks because bonds have a lower risk associated with them. Bonds are typically issued by stable entities, such as governments and...
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Business
A publicly traded company divides its ownership into shares that are traded on the public stock market. Typically, a publicly traded company began as a private company. In order to raise capital...
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Business
Investment banks and commercial banks serve different purposes within the sphere of banking. An investment bank typically works with corporations. It plays many roles, which include organizing an...
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Business
Standard costs are the expenses a company incurs to make the product that it sells. In other words, standard costs are the direct costs involved in the manufacturing process. If the company...
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Business
In a business context, a global mindset is the ability to see yourself as a citizen of the world. In doing so, you will view all information, environments, traditions and cultures as equally...
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Business
No single formula works for all businesses. Some businesses may thrive in a local market, but others may want to scale up globally. Obviously, a global business has potentially far larger sales...
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Business
Effective management, teams, and teamwork depend on workplace culture and practices that make it possible to work effectively. The first element of effective teamwork is good communication. Leaders...
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Business
A multinational corporation is simply a company that has assets in more than one country. There are many reasons why a corporation might do this. Some use resources or have manufacturing operations...
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Business
The Rule of 72 is a method to ascertain the length of time it will take for an investment to double when it is subject to compounding interest. Compound interest is calculated on the basis of the...
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Business
It certainly seems that expanding Tim Horton's to Hong King would be advantageous for the company. Tim Hortons is in the process of rapid expansion outside of North America. It appears as if the...
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Business
Your question goes right to the heart of ethical dilemmas faced by employees of publicly traded companies. Many large, publicly traded companies offer employees an opportunity to own stock in their...
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Business
Generally speaking, companies will weigh the cost and assess the sustainability of different sources of capital. Rather than issuing new equity, firms, in general, are buying back trillions of...
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Business
There are at least three reasons why Glengarry Glen Ross is so frequently watched in business classes. The first is that it is an extremely well-written, well-acted and compelling film with an...
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Business
The idea that there is no such thing as a free lunch is an illustration of a couple of the basic ideas of economics -- that of scarcity, and that of opportunity cost. The idea of scarcity says that...
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Business
Here are some pros of globalization: It encourages free trade, thus making goods and services more widely available at a lower price. Consumers benefit from this as they are saving money on items...
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Business
The Federal Reserve System describes its roles in the following way: Conduct the nation's monetary policy; Provide and maintain an effective payments system; and Supervise and regulate banking...
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Business
Usually, this statement would be true. Marginal cost refers to the cost of producing the next unit of output. By contrast, variable costs are all the variable costs associated with all the output...
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Business
If large corporations and conglomerates are essential to the survival of a nation, then small businesses are essential to the communities in which they operate. Without the small business...
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Business
Inflation, in simplest terms, is the rise in the prices of commodities and services. More importantly, inflation means that money loses its value, that is we are able to buy less with the same...
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Business
A marketing channel is made up of people and institutions that move the product from manufacturers to consumers. The functions of a marketing channel are as follows: Source of Information: The...
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Business
The question of short versus long term results is very important in business, and in fact, emphasis on quarterly earnings may well have contributed to the current economic downturn. Much of the...
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Business
The Sears, Roebuck and Co.’s innovative approach to retail paved the way for its ascent to the pinnacle of corporate success. Using mail order allowed Sears to percolate from its Chicago...
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Business
According to almost all sources, there are four, not six, components of utility marketing. They are: The time utility component The place utility component The possession utility component The...
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Business
That’s a very interesting question. In order to answer it, I would suggest looking at the overall expenses a new business has to factor in. For example, when first starting off as a new business, a...
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Business
The culture that takes root in an organization can be the result of a deliberate decision by an owner or management to create a specific culture, or it can arise naturally and incrementally as a...
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Business
Commercial banks play a very important role in economic development. It is the very rare that an individual has the cash needed to start a business from the bottom up, and it is very rare for...
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Business
Social scientists talk about two aspects to people's choice to move from a rural area to an urban area. These aspects are the "push" factors and the "pull" factors. "Push" factors are those that...
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Business
Three of the largest businesses in California during the 1920s were the film, agricultural, and oil industries. The film industry was fast becoming a major sector. Hollywood in Los Angeles,...
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Business
There is no sure way to keep up with new technology, because innovation covers all industries. First, you need to decide the kind of technology you want to keep up with. Be as specific as possible:...
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Business
Alternation ranking is a performance appraisal method that is commonly used by employers. Using this method, a rater (usually a manager) selects the best- and worst-performing employees based on a...
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Business
There might be at issue here a definitional problem involving the student’s question and common definitions and understandings of the roles of what are called “operations managers.” What follows...
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Business
In completing this assignment, you should probably start by explaining what activity-based costing (ABC) is. ABC is a way of allocating costs such as overhead, wages, rent, utilities, and the use...
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Business
Workforce diversity is a good thing. The question is how to achieve it, and to what ends. If we believe a company has a moral obligation to help society move towards gender and racial justice, we...
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Business
One of the most significant legal cases in which the Ford Motor Company was involved was in 1919: Dodge v. Ford Motor Company. The case was heard by the Michigan Supreme Court, which ruled in favor...
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Business
On many levels, power is extremely important in terms of providing direction and assisting in the management process. When examining it from the top down elements, power and authority can help to...