Even after the emergence of cross-border business world, the advent of ‘culture-free’ business practices has yet to be transpired that brings with itself the complexities are associated with distinct values and beliefs in spite of the growing interdependence among countries. Both India and China are the countries with great diversity with substantial regional, cultural and religious variations across the country....
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Meru Cabs introduced organized rental cab service in the Indian market in 2004. It soon became popular amongst consumers in urban or metropolitan areas. However, the real revolution came in 2010 with the introduction of app based cab aggregators. OLA was launched in 2011 and Uber followed in 2013. With technological advancements and door to door service becoming the industry...
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Nowadays computer systems are playing a vital role in almost every aspect of human life with the help of complex and user-friendly software systems. Multimedia players are one of the application of computers system used to watch videos and listen audios. In this paper, we conduct a comparative analysis of four media players i.e. VLC, QQ player, Windows media player...
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In using a language, men and women have their own different ways. In an interaction, women tend to use linguistic devices that focus more on the affective functions than men do. Women communicate in such ways to increase their solidarity while men tend to communicate in such ways which focus on the masculinity and power. Stylistically men are less flexible...
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Google Company were officially launched in 1998 by Larry Page and Sergey Brin as the founders of Google. Larry Page and Sergey Brin were the student at Stanford University in California and it is founded by both of them at September 4, 1998 in Menlo Park, California, United State. The first search algorithm that had been developed in 1996 is...
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A macroeconomic factor that could contribute to Japan’s uncertainty avoidance stems from the fact that Japan is constantly at risk by natural disasters such as earthquakes, tsunamis, or typhoons. As a result, the Japanese have learned to prepare for this uncertainty. Natural disasters have an adverse affect on Japan’s economy. In the 1980s, “Japan was the world’s second largest economy”...
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Business risk is an evaluation of the balance in the day to day and long-term operation of the business in meeting its expenses. Business risks describe whether the business will be able to provide notable returns to the stakeholders and at the same time, maintaining credit. It occurs in various ways, such as business managers not anticipating certain events within...
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Intel has a valid issue in the case of China. But this case has many other problems associated with the one seen deep beneath the surface. It is evident on the surface that Li is an emotional worker who puts in his job his wholehearted effort. This is a problem for any boss because of the employee's emotional attachment. But...
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Leadership can be put as the capability of a person to inspire and influence others to move ahead in the direction of goals and achieve them. The leader who has set great examples by exhibiting democratic leadership styles is Nelson Rolihlahla Mandel, who is often referred to as the father of the South African population. The paper would discuss leadership,...
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Axis Bank Ltd., the first bank to begin operations as a new private bank in 1994 after, Government of India allowed new private banks to be established. Axis Bank was jointly promoted by the Administrator of the specified undertaking of the: Unit Trust of India (UTI), Life Insurance Corporation of India (LIC) and General Insurance Corporation Ltd. Additionally, with associates...
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Introduction The rise in environmental issues has led to the field of environmental economics which deals with the relationship between the economy and environment becoming extremely important. India as a country generates 62 million tons of municipal solid waste (MSW) each year. (Wikipedia contributors,2019, October 16). However, only about 30% of the waste collected is actually treated (Livemint, Mar 1,...
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Scientific management is a reference to an approach that seeks to improve economic efficiency through the application of scientific principles to the work design in an organisation (Taylor, 1917). This theory, is also known as Taylorism - a homage to its founder Frederick Taylor, has its genesis in the industrial revolution in the United States. Despite the obsolescence of this...
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Quality Management (Total Quality Management) is the discipline for ensuring the process, output and benefits of a delivered project meet desired level of excellence of the stakeholder. This is not only limited to controlling of quality but also includes determining quality policies, quality planning as well as quality improvement. It works with four major components quality planning, quality as-surance, quality...
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Machiavellian principles are deemed to be more practical in today`s society and have been believed to offer not only critical advice in terms of management but also a decisive course on change. This paper takes particular interest in revisiting Machiavellian original arguments on management and compares it to the modern transformational theory. It scrutinizes its relevance and impact on a...
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Language used by O’Leary became synonymous with Ryanair. He can tell anyone to ‘fuck off’ and his favourite insult is ‘wanker’, he used his own ‘bolloxology’. A volatile atmosphere was created at the airline, where people were impatient, shouted and roared when they shouldn’t. Ryanair does not publish an official vision and mission. However, the literature acknowledges that Tony Ryan’s...
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A risk appetite of Heathrow group would be their plan to expand by building a 3rd runway and opening a new terminal. In this ace, the business is operating as risk tolerance and being risk taker as they are willing to put huge capital into developing and expanding. This could be costly due to Brexit and if economy in the...
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Patisserie Valerie, founded in 1926, is a food processing company which owned and operated a chain of cafes specializing in handmade cakes. The company’s headquarters are situated in Birmingham UK, and as of March 2019 had a revenue of $86.8M and 2,500 employees. Patisserie Valerie is owned by Luke Oliver and Steve Francis was the CEO after Paul May stepped...
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Operations management is “the management of systems or processes that create goods and/or provide services” (Stevenson, 2017, p. 4). It is the administration of business practices to create the highest level of efficiency possible within an organization. Quite simply, it is the process or set of processes used by an organization, to convert materials and labor into goods and services...
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In the past decade, numerous businesses have emerged pertaining to various sectors of industry. This has given rise to a highly competitive market wherein survival for each business has become crucial. Due to the continuous changes in business environment, it is of utmost importance that businesses undergo an enhancement in the quality of their goods or services in order to...
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In the economy of production, manufacturing, tourism and micro business industries, the management of working capital is out most important to maximize the profit or sales of the business. The management of working capital is the managerial accounting strategy designed to monitor and utilize the two components of working capital, current assets, and current liabilities. The Objective of Working Capital...
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Compensation is an efficient way to deal with giving fiscal incentive to employees in return for work performed. Compensation may accomplish a few reasons for aiding enrollment, job execution, and job fulfillment. A perfect compensation management framework will help you fundamentally support the exhibition of your employees and make an increasingly drawn in a workforce that will go the additional...
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Risk analysis is the review of the risks associated with a particular event or action. It is applied to projects, information technology, security issues and any action where risks may be analyzed on a quantitative and qualitative basis. Risk analysis is a component of risk management. Most of us do anything possible to avoid risk, right? However, once we understand...
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The project management is “the application of knowledge, skills, tools, and techniques to project activities to meet the project requirements” (Project Management Institute [PMI], 2004, p. 23). According to the definition, we can find that the objective of project management is to realize the value of a project, which is to meet the project requirements. The value of project management...
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The prudential inquiry into Commonwealth Bank of Australia which delivered its final report in April 2018 identified three types of problems, they are as follows. Governance The first type of problem mentioned in the report is governance. Governance can be defined as the way in which decisions are made. This means how the financial objectives, values and strategic priorities undertaken...
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Google, in 1996, started of as a thesis project at Stanford University by three PhD students Larry Page, Sergey Brin, and Scott Hassan (who did most of the programming but left the project before it was founded as a company). Their aim was to improve the horrible Internet search conditions back then. Back in the day, a relevant result to...
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Introduction to Crisis Management and Johnson & Johnson's Reputation Crisis is an event that might result in unexpected and unstable situation such as traffic mishaps and earthquake. It often occurs unpredictable even without wrongdoing, and leads to business failure. It reported that almost all crisis lead to a great reputation damage (Dilenschneider, 2000). However, crisis could also be the seed...
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To be an effective manager means addressing the benefits and challenges of diversity in the workplace. In this essay, diversity is intergenerational and is, therefore, an important aspect of managing a workplace effectively, to boost overall productivity. This essay will aim to understand the differences in which the way several generations approach work as well as using key research to...
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Leadership is the process whereby an individual influences a group of individuals to achieve a common goal (Northouse, 2007). Leaders’ persistent efforts aiming at improving the organization is called organizational change (Abbas & Asghar cited by Hirlak & Kara, 2018). Important element for a successful change in any organization is ‘leadership’. There are various leadership styles as put forward by...
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Introduction to Franklin D. Roosevelt's Leadership “A Leader is summoned to the fore by the needs of the time” - Doris Jean Kearns, FDR. We stand today at a time of change and challenge, in an age of technological advancement and destructive ignorance. At a time when humanity faces its greatest and most complex challenges, we are unfortunate to have...
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This work will look to explain what management and leadership is and how it works in an organization. It defines the term of manager and leader, it will present the differences between a manager and a leader, their role in an organization. The importance of management resides in the fact that it meets personal needs. Since ancient times people have...
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