Case Study on Entrepreneurship: Larry Page

Business Analysis

The Boundaryless Career: Modern Contemperory Perspective on Career

Human Resource Management

Concepts of Throughput Accounting and Theory of Constraints

Financial Management

Kaizen – Understanding the Japanese Business Philosophy of Continuous Improvement

Operations Management

Role of Leaders in Shaping Organizational Culture

Management Principles

Expatriate Compensation – Meaning, Factors, Components, and Approaches

The compensation has long been established as a primary means of fostering loyalty and productivity of international expatriates. Nevertheless, the HR managers continue to face several challenges when implementing it which ends up in loss towards the organizations. The issues that gave birth to international human resource management remain more important than other functional areas is expatriation and adaptation of practices to different cultures. Factors Affecting Expatriate Compensation The most often mentioned factor that influences the expatriates’ satisfaction by the compensation strategies is the differences in cost of living between the host and parent country. If the cost is higher, the employer is required to adjust the compensation package in order to merge the gap. In the opposite situation, the difference is not subtracted. Such approach is known as a no loss policy and occurs with slight variations in the majority of the HR practices. The most difficult part of addressing Continue reading

Abey Francis

Case Study: Analysis of the Ethical Behavior of Coca Cola

Coca-Cola is the world’s largest beverage company that operates the largest distribution system in the world. This allows Coca-Cola companies to serve more than 1 billion of its products to customers each day. The marketing strategy for Coca-Cola promotes products from four out of the five top selling soft drinks to earn sales such as Coke, Diet Coke, Fanta and Sprite. This process builds strong customer relationships, which gives the opportunity for these businesses to be identified and satisfied. With that being said, customers will be more willing to help Coca-Cola produce and grow. Pepsi and Coca-Cola, between them, hold the dominant share of the world market. Even though Coca-Cola produces and sells big across the United States, in order for the company to expand and grow, they had to build their global soft drink market by selling to customers internationally. For example, both companies continued to target international markets Continue reading

Abey Francis

Successful Cross-Border E-commerce Strategies

With the advent of the internet, e-commerce has become an established way for people to buy and sell goods. The convenience it offers us has transformed the way we shop and as global access to the internet increases, the number of people buying and selling online is also set to increase. In 2021, worldwide e-commerce sales totaled approximately $5.2 trillion dollars. This figure is predicted to grow by 56% over the next few years, reaching about $8.1 trillion dollars by 2026. In today’s digital world, there are more opportunities than ever for businesses to trade beyond their country or borders. This is something many businesses are increasingly capitalizing on through cross-border e-commerce. In this article, we’ll explore some strategies that can facilitate success when it comes to cross-border e-commerce. Research Local Markets Before setting up shop in a foreign market it’s important to do some research to establish whether it Continue reading

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Project Risk Management Process Steps

Project risk is an uncertain event or condition that, if it occurs, has a positive or a negative effect on at least one project objective, such as time, cost, scope, or quality (i.e., where the project time objective is to deliver in accordance with the agreed-upon schedule; where the project cost objective is to deliver within the agreed-upon cost; etc). A risk may have one or more causes and, if it occurs, one or more impacts. For example, a cause may be requiring an environmental permit to do work, or having limited personnel assigned to design the project. The risk event is that the permitting agency may take longer than planned to issue a permit, or the design personnel available and assigned may not be adequate for the activity. If either of these uncertain events occurs, there may be an impact on the project cost, schedule, or performance. Risk conditions Continue reading

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Value Added Roles of Warehouses

Nowadays, the warehousing is playing a very important role in the supply chain management. Due to the strong competitive market nowadays, the function of warehouse is requiring to extend to a wide range. The warehousing not only provides the function of holding or storage the goods but it also provides the value-added services to improve the performance of the supply chain. The value-added services provided by warehouses are including; Buffer:  The warehousing is holding the goods for the downstream stages of supply chain. It is to balance the difference goods schedules and aim to deal the efficiency in the distribution process and achieve the economic of scale. Consolidation center:  The warehouse is used for accumulates and consolidates the goods from the different manufacturer or company for combined the goods into a same shipment to the customers. The consolidation can reduce the expenditure of transportation operations because it can reduce the Continue reading

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National Income Statistics: Meaning and Uses

What is National Income Statistics? According to most dictionaries, national income is literally the total amount of money earned by a certain country. But in order to calculate the total funds and asset of the country, National Income Statistics are used, which are basically a set of rules, techniques and calculation to measure the total value of final goods and services produced. However, The National Income Statistics are only valid to calculate the national income of a country in a year. The Uses of National Income Statistics Like every other calculations, The National Income Statistics also have their own uses. The National Income Statistics are very important to the development of a certain country as it is the result of hard works done in a year to contribute in the enhancement of a certain country. Firstly, as we all know money and riches usually determines the standard of living of Continue reading

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