The main focus of this case study is to deepen our knowledge regarding the implementation of strategic leadership and change management in a diverse company based in Indonesia, where diversity is still an issue. This case study will discuss the manager’s experience of the company’s strategic leadership process and his change management interpretation and how effective it has been for...
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Oriental carpets are works of art –unique and exquisite – worthy of collections. But when it comes to buying oriental rugs, most people shy away or hesitate. It’s difficult to judge its quality and they can never know whether they are being ripped off or their purchase is really worth it. There simply is not one single factor determining the...
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Leadership is described as being a person who has the ability to have people follow them. There are many characteristics for being a leader or holding a leadership role. In order to be a good leader one must be able to be trusted. They must also be a person who is a visionary and knows when to be & not...
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The meaning of sustainability differs drastically depending on which perspective you look at it from. It could mean lower carbon emissions, green and eco-friendly or it could mean a self-sufficient system, or even could be about creating a healthy environment that is based on ecological principles. Putting sustainability within the context of a Supply Chain Management (SCM) process, more accurately...
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An organisational structure is a system that outlines how certain activities are directed in order to achieve the goals of an organisation. These activities can include power, roles, and responsibilities. The organisational structure also determines how information flows between levels within the company. For example, in a centralised structure, decisions flow from the top down, while in a decentralised structure,...
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When making decisions in personal and professional lives, one must identify and compare opportunity costs. When comparing options, it is important to analyze every cost and other opportunities that one must give up. Choosing between taking an absence from work, moving out of town and pursuing a MBA degree full time or maintaining one’s current job while enrolled in a...
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WhatsApp and Telegram are two highly coveted and extremely popular cross-platform messaging apps that have been designed with the sole intention of facilitating quick and easy communication between its users, whilst promising to respect their privacy; a desirable and necessary trait in this day and age. Whilst WhatsApp and Telegram may at first appear similar, there are some important differences...
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Rewards and compensation play a vital role in motivating employees and improving performance in organization. A cautiously designed reward and compensation system can significantly increase the performance of employees resulting in organization's effectiveness and productivity. With the changing scene in the world of work today, a multifaceted reward and compensation system is required to meet the demands of the employees....
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Knowledge, in simple terms, knowledge is data that have been shaped into a form that is meaningful and useful to the intended persons. It can also be defined as information that is specific, relevant and actionable. Social Networks are dedicated websites and applications which enable people to communicate with each other through text messages, comments and using images. Facebook is...
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Business ethics means applying or implementing set of appropriate business policies even if difficult obstacle comes in between for example obstacles like without bridging government laws, refraining from corrupt practices and other illegal practices. Ethics plays an important role in individual judgment and decision which lead to downfall or profit in businesses. When thinking about ethics, it consists of all...
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Diversity may come from many perspectives, it can be as observable as gender, age, nationality, religion, or have more complex definitions like personalities and characters of individuals, different backgrounds and cultures, and distinct mindsets. Conventional speaking, diversity is good for boards and businesses. But when it comes to reality, very few boards would see significant changes and positive returns when...
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Observation is a proposed tracking, recording, review and evaluation of attitudes, acts, or events of people. Observational studies provide substantial insights that other methods of data collection do not. Observational approaches shed light on the actions of consumers and workers and can help address questions such as How do customers walk through supermarkets? How do they ingest goods and dispose...
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Service positioning is a unique identity of a service in competitive market. Positioning is concerned with the identification, development and communication of a differentiated advantage which makes the organization’s products and service perceived as superior and distinctive to those of its competitors in the mind of its target customers. Positioning a service is difficult as compared to products based on...
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Introduction Marketing mix are actions and tactics that a company uses for the purpose of promoting its brand or its product in the selected target market. The application of marketing mix adopted by various companies depends on the size of their business, the location, the advertising strategies chosen by them and a range of other factors It is called a...
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Introduction to Costco Wholesale Corporation In 1983, Costco Wholesale Corporation began its operations in Seattle, Washington. It is an industry that puts its focus on the operation of membership warehouses that sell high-quality merchandise at low costs to its members. Costco offers various merchandise that includes food, sundries, hardlines, softlines, and ancillaries. They also provide online services that are not...
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“Identifying and developing talent globally is the strength that makes leadership a competitive advantage for Scotiabank” - (Scotiabank, 2019). First and foremost, Scotiabank is extremely dedicated to helping develop leaders. Ultimately, strong leadership within any business is a competitive advantage that can help deliver positive results. Scotiabank has operations in over 50 countries, and these platforms help identify and develop...
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Ryanair’s has brought many great success throughout the past years by growing their profitability, returns for shareholders increased and increased strong financial performance due to their low cost strategy. However, with this low cost strategy they has been accused of concealing ancillary revenues and offering customer service only for fees. Based on the questionable practices that are discussed in the...
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Sony corporation was founded in 1946 by Masaru Ibuka and Akio Morita. Its first invention was rice cooker which had failed and led to G-TYPE recorder in 1950, it also introduced pocket transistor radio in 1957. A cathode-ray tube was launched on October 15, 1967 which helped them in video innovation. Its headquarters are located in Japan where large parts...
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Under the case, BBC, a Chemical manufacturing organization built up in 2004 with its registered office situated in Bangalore, managed by Agarwal and Mukesh. They had an open door present to create contracts with Indian Railways, which would empower it to extend its range to different enterprises accessible in the Indian market. Notwithstanding, it was assessed that they were successful...
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Improving economic efficiency and effectiveness is one of the priority goals of the leadership of any organization the implementation of which almost always affects the human resource management system. The main functions of management (planning, organization, implementation, motivation, coordination, control) are actually aimed at streamlining and regulating personnel activities, at increasing the efficiency of using human potential through certain methods...
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Gender diversity in the workplace has been a topic of conversation in the United States since the women’s liberation movement in the 1960s (Burkett, 2019). As time has gone on, the calls to action for equal opportunities in employment have intensified with the inclusion of laws protecting women from gender discrimination. There have been many proposed solutions to increase the...
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Knowledge is variable; the data can be identical, but the knowledge is always different. The past 25 years have seen knowledge management evolving, underpinning that knowledge is our most strategic asset and should be managed as it is “the most important guarantor of sustainable competitive advantage” (Easterby-Smith & Prieto, 2008). Knowledge and its management must evolve over time as one...
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Groupthink is a psychological state that occurs in a group of people. These people somehow desire to have order and a certain understanding in the group. Sometimes, this results in irrational or wrong making of decisions. This could even result in pathological disagreement in the group, mainly in decision-making. That is why it becomes a major factor in many poor...
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Scientific management is also widely recognised as Taylorism. Taylorism was used in industrial firm to solve the complex problem about increasing the labour productivity. Scientific management allows absolute uniformity to a greater extent within the labour’s working in an industry. this eventually enforced great deal of burden, responsibilities, duties to the managers which never took place in the past. Frederick...
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Old thumb rule is the process which was developed by trial and error methods which don’t have any scientific base. These methods don’t have any scientific base. Also these processes were not transferrable to any new worker. Taylor’s scientific and rational attitude challenged the conventional processes (Oberoi, p.3). Soldering of work was there because of no standard of work were...
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Nowadays competitive economy banking sectors has been facing forceful challenges in regarding both customer base and performance. Giving customer satisfaction is highly significant function of service industry in today’s economic environment. Service quality is the excellent strategy and also play a key role in service sector in general and banking sector in particular to satisfy the customer’s need. The main...
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Zara Zara could be a Spanish vesture and accessories complete and could be a extremely recognized complete of the Inditex cluster. Few vesture brands invariably update with the information of the most recent fashion and continue with it. they're of upper quality and nevertheless, affordable. Zara had ab initio started off as atiny low store in Espana and is currently...
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For the Mardi Gras parade, risk is in both the planning and execution stage. The most important risk involves cost and safety and the others listed below in Risk Breakdown Structure (RBS). These are additionally organized based on likelihood of their event to realize the seriousness related with the in all probability event. Risk Mitigation Plan Technical All sound, lighting,...
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The capital structure has its impact on cost of capital which influence the earning of the firm, investment decision, value of the firm, operating efficiency, earning available to shareholder etc. the controversy is found in various theories formulated, the time period, the selection of the companies and sector companies on which studies had undertaken forms the research gap for the...
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For the most part, there exist many hazard factors in a business organization or working environment. Indeed, even an instruction establishment isn't free of these hazard factors. How about we look at a portion of the hazard factors. Biological factors, for example, infections, microorganisms, plants, creepy crawlies, creature, and human, and so forth. Chemical factors identified with substance or lethal...
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