provided their customers. It was believed that customers were ignorant and did not know exactly what they wanted and therefore accepted whatever was given them; thus the final decision rested on the producer or service provider. The case however, in today’s business environment is the reverse. Due to technological advancements, increased competition and the fact that people have become more informed and knowledgeable, customers now determine exactly what they want. Even though the quality nature…
use of another’s name in business or both”((Ferrell, Hint, & Ferrell, 2009). McDonalds in the small business category as each store is owned by the franchise. Starting a small business can be risky, as most small businesses the individual is an entrepreneur. Being part of a franchise such as McDonalds, the entrepreneur can lose their desire to be creative, as they have to follow the guidelines of the franchisee. In the McDonald’s 24/7 turnaround case study, the McDonalds…
The Case Study of Baker Adhesives According to the case study, in this era, American firms are trying to expand their business into foreign market and it same as Baker Adhesives who run business about specialty adhesives. However, the international market was not simply as Doug Baker and his sales manager Alissa Moreno though. In early June 2006, they faced with the essential problem about international sale to Brazilian toy manufacturer, Novo. Since, Novo was willing to pay in Brazilian real…
Facing to the issue of food safety crisis, Bella Food has taken different management strategies at each stage of the Salmonella outbreak. At the start, the CEO, Alfredo adopted human relations management approach as he taking the business advices from his workers. Human relations management (HRM) is an effective approach for Bella Food on product improving and developing rather than decision-making. Since the approach allows Alfredo to evaluate his employees ' performance to seek more…
CASE STUDY MY UNDERSTANDING Staffing plays a very important role in the success of any business whether it is a manufacturing business or trading, etc. The decisions which you take in staffing has a very dramatic effect on the quality of work, the amount of profits you make , the level of service you provide your customers and the amount of satisfaction they get from the services you provided them . Even the production activities and goals of an organisation are at risk. To make appropriate…
eHarmony is a personals site that offers a matching algorithm for heterosexual individuals who are seeking long term relationships. The firm currently operates in an industry filled with competition that seems to either attempt to mimic eHarmony’s business or capitalize on markets left untouched by eHarmony. While eHarmony’s unique matching algorithm is proprietary and difficult to copy, it also requires significant user dedication. To ensure that eHarmony remains the leading personals platform,…
Movie production companies like any other business companies have an intricate governance due to the complexity of its projects and the great amounts of money allotted at stake of the production of movies. The success of such companies as is the case of Perna Arts company leadership ideas and the role of the different department managers is crucial as the project manger and other related production managers decide of the fate of the company they are working for as these managers shall be dotted…
In today business world businesses and/or business-people must think on having their customers in mind. And do their best to get them satisfy with the products or services they offer. Failure to do so would have negative consequences on your organization since the customers may certainly turn their back to you. An effective way to retain customers is through the process of quality management. It is wise to engage them so to achieve the maximum results and gather customer needs and expectations.…
still a commission given by the hotel for every room purchased through the online travel agent. It will be an efficient way to reach potential customers without considering that they are local or foreign buyers. While, the time and cost of making business will remain the same (Awan & Zhang, 2013). A viewpoint of the partnership between these industries sometimes can be seen as a disadvantage to hotels because of online travel agents require them to pay commissions. Actually, with this…
Introduction This essay will talk about the backbone of a project: the business case theme. The business case theme is firmly related to the continued business justification principle. As Turley states (2010), this principle recommends that before and during a project we should evaluate whether the project is desirable, viable and achievable. It signifies that the project needs to be profitable and the use of time and resources should be justified. This essay will analyze the similarities and…