Role of Leaders in Shaping Organizational Culture

Management Principles

Organizational Culture – Development and Importance

Management Principles

Five Important Organizational Cultural Models

Management Principles

The Customer Satisfaction Model – Based on American Customer Satisfaction Index (ACSI)

Marketing Management

Rumours in Business Organizations

Business Communication

Will Your Business Sink Without Expert Energy Guidance?

In today’s uncertain energy market, businesses confront more difficult hurdles in controlling their energy demands. With escalating energy bills, complex company energy contracts, and changeable government restrictions, guessing is no longer adequate. Making energy decisions without competent counsel might lead to costly errors. This is where expert business energy advice comes in. Businesses must conduct a Business Energy Comparison to get the best possible price and avoid overpaying. The High Stakes of Poor Energy Procurement Energy procurement entails more than selecting a vendor. It is a strategic process that impacts your company’s financial performance, carbon footprint, and long-term viability. A bad energy procurement strategy might force your company into a contract with exorbitant pricing or hidden fees. Most firms do not have energy experts on staff. You may never know if you’ve gotten the greatest offer without broker openness. Energy brokers that prioritise commission over customer success can easily mislead Continue reading

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Case Study of McCain Foods: Dominating the Frozen Food Industry with Business Expansion

McCain Foods Limited was established in 1957 in Florenceville, New Brunswick, Canada. The McCain brothers identified the need for frozen food in Canada and they decided to come up with a company that would satisfy this need. Andrew McCain discovered that there was a vast market for potatoes across the globe. Therefore, he established McCain Produce Company with an aim of exporting seed potatoes. Later, his sons came up with an idea to establish a business that dealt with frozen foods. The company started by hiring thirty employees, and during the first year, it made sales worth $152,678. Today, McCain Food Limited is one of the multinational companies that deal with frozen foods. The company’s operation is so massive that it processes one million pounds of potato products each hour and sells one-third of the world’s frozen french fries products in over 110 countries. Moreover, the company offers jobs to thousands Continue reading

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Ethical and Legal Justifications for The Doctrine of Vicarious Liability

Vicarious liability is a class of liabilities that deals with transfer of liability from one party to another. Vicarious liability operates under the doctrine of respondent superior, which puts legal responsibility to a superior for illegal behaviour or acts of the subordinates. Third parties are thus supposed to be ethical in their duties to avoid transfer of liability. In the same way, vicarious liability puts legal responsibilities on third parties with the duty, responsibility, or right to monitor and direct their juniors who act illegally or commit a crime. Vicarious liability can thus take the form of employers’ liability, parental liability, principals’ liability, corporations in tort liability, and continued liability, and indemnity of employees. All these liabilities have ethical issues to be considered during application. In various circumstances, it may be legal, but unethical to apply a particular vicarious liability. As aforementioned, vicarious liability operates under the doctrine of respondent superior and this doctrine Continue reading

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Case Study: History of British Petroleum and Deepwater Horizon Oil Spill

The history of British Petroleum (BP) is inextricably linked to innovative environmental projects aimed at changing the activities of the entire global industry. Back at the end of the 20th century, the corporation announced a program to transform the production of petroleum products in accordance with the principles of environmental protection. The campaign was called “More Than Oil” and implied the expansion of alternative energy production facilities, including the expansion of solar energy production. This policy cost the management team a large investment of over a hundred million dollars and, by the beginning of the 21st century, brought significant reputational benefits. British Petroleum became the most popular and respected supplier of petroleum products to various countries around the world. However, while actively expanding its oil fields, management encountered the first global problems, which served as the starting point for many environmental catastrophic events in the history of British Petroleum. In Continue reading

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Significaance of Performance Management in Modern Organizations

Performance management is assessing the process of achieving goals and objectives to unsure that it is successful through communication and taking the right action. There are functions for evaluating how equipments behave so that effective work is done through proper performing systems and altering the systems that do not perform well. In the organization, performance is looked at in terms of actual results for the improvement to be done if actual results are less than the desired results. Objectives should be set through proper planning and intervention of managers in giving feedback about the progress that has been made and ensure there is performance appraisal to individuals based on their overall contribution. Performance management is used by businesses to attain strategic goals through getting the necessary information for achieving the goals and have networking process that link objectives of individuals who make great contribution to the enterprise with the goals Continue reading

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Unlocking Growth: Why Hiring Professional Digital Marketing Services Is Essential for Your Business

As the business landscape continues to evolve with digital advancements, companies are increasingly recognizing the value of professional digital marketing services. These services offer expertise in leveraging online platforms to enhance visibility, engage customers, and drive sales. Without a strong digital presence, businesses may miss out on critical opportunities to grow and succeed in today’s competitive market. To comprehend the significance of these services and how they can transform your business, it’s important to explore their role and impact thoroughly. Keep reading to delve into the transformative power of professional digital marketing. How to Choose the Right Digital Marketing Agency for Your Business Selecting the right digital marketing agency is crucial for achieving your desired outcomes. You’ll want to start by evaluating their track record and case studies. Look for evidence of success with businesses similar to yours and read through client testimonials. It is also beneficial to consider the Continue reading

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