Will Ferrell

as well as, oval tracks for its racing venues. Oval tracks were initially built for stock car racing (Ferrell & Hartline, 2014); however, I think open-wheel racing can also be a part of this venue. The IndyCar league differs from NASCAR for the one reason they can reach speeds that far exceed stock car racing; however, this does bring the safety of the driver to the forefront. According to (Ferrell & Hartline, 2014), fans prefer oval tracks; however, I am confident with a unique marketing…

A manager needs more information about their store than someone that is investing because “internal uses need information to plan, direct, and control business operations” (Ferrell, Gatewood, and Taylor, 2010). One store is not an example of an entire business’ health, yet it can be a microcosm of problems that the bigger organization has. The manager needs behavioral/financial information to help a particular one store. Each store could have different costs associate with it; such as rent being…

and the respect within the organization; these principles and standards give provisions to strict measures that would be applicable to the persons who go against the standards and the requirements within the organization. Also, according to Ferrell, Hirt, & Ferrell `the bottom line is that managers need to be aware of what constitutes ethics, values, of the four approaches to ethical dilemmas and how organizations can promote ethics` (2014, p. 78). Ethical principles also are the best ways of…

defines the "principles" of the organizations that proposes the rules and laws of the organization. It "consists of general statements, sometimes altruistic or inspirational, that serve as principles and the basis for rules of conduct" (Ferrell, Fraedrich, & Ferrell, 2013, p.223). It is also a "statement of the values adopted by the company, its employees and its directors" which "sets the official tone at the top regarding expected behavior" (Boudreaux & Steiner, 2005, p.3.) The code of…

Shelley Acres is the owner of a bakery in Ames, Iowa named Mrs. Acres Homemade Pies (O. Ferrell, Gatewood, L. Ferrell, & Taylor, 2010). She capitalized on her knowledge of making pies, which was passed down from her mother and grandmother, and quickly turned her business into a success. Currently, she is at a crossroads and her decision will directly affect her company’s long-term success. Because of the company’s growing success, Acres is faced with several choices. Expanding her facilities…

mentioned, the mandatory annual training is part of what engrains a culture of ethical behavior within your organization. Essentially, Johnson Controls is managing their ethical risk by requiring established mandated and voluntary programs (Ferrell, Fraedrich, & Ferrell, 2011). Ultimately, their commitment to operating with high…

USA Today captured an unmet need in the market for professionals, students and households that had not been tapped until Gannett seized the opportunity in the 80’s. He reached a segment of the market where readers were in a time crunch to obtain news and relevant consumer information in an expedited convenient manner. He met unmet needs where people were not happy about flipping from page to page to continue the article of interest, so he kept the articles to a single page with the only…

industry in 1911 with the goal of competing with Ford’s Model T. Because of some differences among the Chevrolet company owners, Louis Chevrolet eventually left the company; however, the name endured. Chevrolet was purchased by GM Motors in 1918 (Ferrell & Hartline, 2014). The initial goal to compete with the Model T came to fruition in 1915 when Chevrolet sold its first vehicle for $490.00, which was the same price as Ford’s Model T. The diverse population of vehicles Chevrolet produced led…

To maintain its strategic focus as the company continues to grow, NBB must constantly engage in environmental scanning and competitive analysis to compete in the craft beer industry (Ferrell & Hartline, 2014). Social responsibilities and customer intimacy are the company’s competitive advantage. NBB’s strategic focus can be maintained through using results tools such as SWOT analysis to determine the direction for its strategic efforts, focusing on core competencies, and ensuring goals and…

C., Fraedrich, J., & Ferrell, L. (2013). Business ethics: Ethical decision making and cases [9th edition]. Mason, OH: Cengage Learning. Retrieved from https://www.betheluniversityonline.net/cps. Merle, Renae. "Wells Fargo's profits tumble as mega bank struggles to rebound from…