Business cycle

Turban (2012) points out that some customers and business owner are still in opposition to the online business as they have few trust in electronic payment, security and might be afraid of learning new things. Lacking the assistance of government and global trade barriers could be considered as external obstacles for online business. The product based companies such as Dell or Apple are required to investigate the demand of customer from different countries, trade barriers, taxation, and law of…

between business-to-business (B2B), and business-to-customer (B2C) business models. It describes their primary characteristics, how they fundamentally differ, and how “electronic tools” such as Amazon Web Services (AWS) have changed relationships for better or worse. B2B vs. B2C & AWS The primary characteristic of the business-to-business model is that business transactions are conducted with other businesses, whereas business transactions are conducted directly with customers in the…

interest in the idea of numbers and business. The idea of how statistics and data leads to determining how the economy would react during a time of recession in the business cycle fascinated me. Both classes allowed me to confirm that I belong in the business world because I would be able to use my interest in both math and economics to my career. As I applied for colleges, I wondered what I should major in? I know I belong in…

HAVAS – SPORTING HEROES TO BUSINESS LEADERS Competitive sports provide an ideal training for business. Many of the attributes valued and rewarded by success in business are honed on the roads, tracks, fields and swimming pools of the nation. This is not surprising, when you think about what it takes to win. A recent study by Cornell University showed that high school sports heroes make better leaders and that “participation in competitive sports spills over into occupationally advantageous…

1. Since the high-value IT products only had a short life cycle, HP needed to satisfy every customer and meet the various requirements and needs quickly and efficiently, but supply chain was not their major capabilities. As a result, HP developed a partnership with United Parcel Service (UPS) to co-create customer values by outsourcing the supply chain to UPS. UPS acted as a logistics supplier that not only had desired capabilities, but also provided a varied range of transportation alternatives…

Brigham, Sorenson and Lumpkin (2012) summarized the data from 12 years of family business research and they found that family firms are mostly characterized by a long-term orientation, as revealed in a governance focus on strategic and succession planning. A firm becomes a family firm when the owners decide to keep business ownership in the family for the long term, as opposed to shutting the doors or selling the business to investors. Thus, to sustain the long-term viability, they focus on…

I have chosen Nestlé (Malaysia) Berhad as the business organization that I would analyze in this assignment because Nestlé Group is a vast and very well known organization in the world. The tagline of the organization, “Good Food, Good Life” clearly implies that Nestlé is a people-oriented organization that is committed to understanding its consumers’ needs and delivering the best products to improve the quality of its consumers’ life throughout the world. The assignment will cover the history…

the measurement of time, quality, performance and service, and cost to customers. Second, the internal business perspective indicates the efficiency of cycle time, quality, employee skills and productive in companies. Third, the innovation and learning perspective is about the innovation of products, technologies and manufacturing, and the improvement in customer satisfaction and internal business processes within companies. Fourth, the financial perspective shows cash flow, which helps to…

of Life Cycle Costing (LCC), Interior Design and Space Planning, Mechanical & Electrical System Audit, and so…

Questions Which type of business takes resources from nature to make its products? Name several examples. Producers take resources from nature to make its products. There are two sub-categories in the producer category; extractors and manufacturers. Extractors are the ones who take the source directly from nature. Examples of extractors are Marathon Oil Company and Exxon Mobil Oil Company. Examples of manufacturers are Ford and EcoSense Lighting. Producers are crucial to the business market…