Abstract The main purpose of a business unit is to make profit and it should be duly noted that profitability alone is not very helpful in determining the efficiency and performance of the business firm unless it is related to other factors such as risk. In the context of business proliferation, we are witnessing an unprecedented diversification of risk situations...
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A Clarion Call for Inclusive Responsive Leadership Accountability For centuries, leaders have been lauded for their excellence. Whether decision-making, driving execution, or pursuing results, their collective expertise has helped the world successfully navigate industrial and technical revolutions, world wars, economic recoveries, and a multi-generational workforce (among other notable achievements). However, as globalization expands, many of those acclaimed leaders have failed...
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Diversity is key to the development of every human endeavor, technology has brought us closer together than ever, making the issue of diversity a compulsory challenge to confront. In this assignment I am going to focus on the improvements Google has made to leverage on diversity which has also contributed to the tremendous successes of the company. Racial diversity is...
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Top-Down and Bottom-Up Budgeting The potential problems with top-down budgeting is inaccurate forecast. The reason inaccurate forecast is one is because the department leads have more understanding of the needs of the departments than senior leadership would (McQuerrey, 2019). When senior leadership handles without consultation of the department lead it could result in not properly funding the department and being...
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Abstract Sentiment analysis and opinion mining is the field of study that analyzes people’s opinions, sentiments, evaluations, attitudes, and emotions from written language. It is one of the most active research areas in natural language processing and is also widely studied in data mining procedures. The growing importance of sentiment analysis coincides with the growth of various online activities such...
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A global initiative to thrive corporate sustainability has congregated pace in recent years. The skills, knowledge and sophistication associated with leading corporate sustainability initiatives have developed to enhance sustainability moves from the edges to the mainstream of corporate activity. (Klettner, 2014). Woodside is a gas producer company whereas Evolution is a gold mining company. Woodside is the largest natural gas...
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The purpose of this report is to evaluate the ethical and financial performance of Google for an investor to make a decision on whether this company should be invested. This report will discuss Google's ethical issues about monopoly and Google’s share price from 2015 to 2019. According to THOMSON REUTERS WESTLAW report in 2019, its client was not satisfied with...
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Introduction The research report is prepared on the title ‘Supply chain analytics’. It is a network including organization, individuals, resources, activities, technology and information in the creation and sale of product (Christopher, 2016). The key focus of the repot is on Woolworths and COSTCO. The report initiates by providing a brief introduction about the two recognized companies named as. The...
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Zhang Xin is a self-made female Chinese billionaire who ranks number 5 on the list of the world’s richest self-made billionaires. She grew up with her parents who were poor but worked hard specifically in the fields during the Mao revolution. As a result of this she was exposed to not only hard work and dedication, but also hardship. In...
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The purpose of this assignment is to analyse and compare two articles that relate to performance management effectiveness within an organisation. Performance management refers to a range of different activities that are undertaken by the organisation to improve the performance of individuals, with ultimately the purpose of improving the overall effectiveness of the organisation (Denisi, 2000). Both articles suggested that...
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Introduction to Costco's Business Model and Vision Costco was established by American Businessman Jim Sinegal in 1983 in Seattle Washington, with a vision and mission “to continually provide members with quality goods and services at the lowest possible price point possible.” Their businesses key to success involved establishing a direct buying relationship with their suppliers which encourages and enables effective...
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Introduction Abstract The main aim of this paper is to build a cluster-based retrieval system for categorizing the news groups data and performing a comparative performance analysis using hard and soft clustering methods. Hard clustering being the most popular method, where a data point is given a hard assignment to just one cluster, eg. k-means, hierarchical clustering,etc. On the other...
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Introduction “A Leader is summoned to the fore by the needs of the time”. - (Smith, 2008) We stand today at a time of change and challenge. At a time when humanity faces its greatest and most complex challenges, we are unfortunate to have a dearth of leadership. Competence has become a rare commodity among some of the world’s most...
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Conceptual Background and Literature Review Marketing: The term marketing is drawn from the base word called the market. The area or location or platform of the process/deal, where the buyers and sellers make a deal to exchange the products and services between them is known as the market typically. Alternative Data Market: Alternative data build predictive and improve investment returns...
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Introduction: Perfection is not attainable, but if we chase perfection, we can catch excellence” This is how Vince Lombardi described excellence. So excellence is about doing your best every day. Specially in special periods of time such as crisis or even when we reach a satisfaction point and find later on that it’s not enough anymore, Only organizations that always...
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Risk 1: Increase in production cost Costco has a supplier diversification strategy for its supply chain management area of operations management. However, the company’s supply chain management is focused on quality and low prices which is in line with the Company’s mission. If the production cost increases, Costco may have to supply items at a lower quantity to be able...
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Company’s Background Costco was first opened in San Diego in 1976 and opened in Seattle in 1983. Since launching its service, Costco became the first company to make $3 billion in sales in just six years. To further connect to more consumers, Costco merged with Price Club and became PriceCostco in 1993 and had 203 locations which generate $16 billion...
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Abstract This study is aimed at examining the effectiveness of the performance management system and performance enabling system in Dr. Reddy’s Laboratories, CTO Unit VI, pydibheemavaram. A performance management system is an approach to evaluating employee performance. Through this the organization align their mission, goals and objectives with available resources. And additionally added another system performance enabling system known as...
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Having accumulated nearly four years’ knowledge from my tertiary institution and more than eight years’ experience from my dad’s business/company in the business and economic field. I wanted to know more about Business and Management. This kindled my decision to come to the United Kingdom in 2019 to study for a master’s degree in Global Business at the University of...
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It indicates the standard for evaluating the risk that is adopted by decision-makers. Some risks are accepted in case it is cheaper to leave the asset unprotected due to a specific risk rather than make an effort to protect it. This decision is not made out of ignorance as all options are analyzed carefully before accepting the outcome. The most...
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The administration of business risk is the progression of identifying threats, risk assessments and prevention, and controlling/minimizing the threat of these risks and having action plans in place should these events happen. Developing approaches to manage risks helps maintain a business continuity plan. Reference BS 31100:2011 Code of Practice and Guidance; This book offers guidance to help management’s strategic understanding...
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My choice of a leader is Adolf Hitler, he came from the 20th century as a powerful Nazi dictator that took advantage of financial distress, unhappiness and also the lack of power within the political climate (History.com editors, 2019). He used these areas to get a head and gain total power within Germany (History.com editors, 2019). He was born in...
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Consensus theory is when an individual is granted the privileges to state their opinions but also come together as a group and share their opinions and beliefs. Consensus theory gives everyone the equal freedom of speech an example of this can be everybody gets to vote a new prime minister or a person who is to come into authority. Closely...
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Dr. Jeffrey Wigand made a moral and ethical decision to expose safety concerns with Brown and Williamson tobacco industry, where he was a director of research (Feldman, 2016). He did provide information and proof that his company was adding more additives to make their product more addictive and he exposed them for it (Feldman, 2016). How Dr. Jeffry Wigand showed...
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Abstract A conflict of interest may happen when an organization or an individual becomes bias because of a clash between personal interests and professional responsibilities. This conflict may happen when a company or person have an interest such as money, knowledge, relationships, personal interest that may affect their actions and decision-making. (Segal, 2020) I would like to use our current...
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Abstract Sherman (2013) proposed that the affirmation of an individual’s self-worth in one area can protect against negative behaviours in other areas. Rubin (2020) hypothesised that greater intentions for using time management strategies will occur in participants who self-affirm before watching a persuasive video message. In the present research, 414 participants who were undergraduate students from an Australian university or...
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The minimum wage has been the topic of many recent conversations. This conflict has gained notoriety, and become a key issue in today’s political world. This has been an issue for years as low wage workers have had difficulty providing for themselves and their families on their current minimum wage income. The demand for higher salaries has gained popularity, with...
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Today, managers at all levels, top, middle or lower, in their daily activities face some sort of ethical issues in their leadership responsibility. These issues can be related to different activities managers are engaged in, from planning and organizing of work activities at the workplace to motivating and communicating with employees. Manager’s role is not easy, they countenance with matters...
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Sheriff’s experiment and study of inter-conflict formed the major base for the study of intergroup conflict. This experiment which he conducted made him to be the founder and father of social judgments theory which has been researched by any sociologist and psychologist to comprehend on the finding which he made. In this article the profound article is based on three...
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The conflict transformation entails moving relations that sustain violence, whereas conflict management approaches endeavors to control and contain conflict, and therefore, conflict resolution models are steered towards shifting resolution towards affirmative results. The implications to unveil the main causes of conflict is to envision the flow of social conflict, building affirmative change procedures and mitigating conflict to enhance justice (Lederach,...
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