Business Essays

108 posts

Analysis of mobile internet

In this article, Verkasalo investigated the different measures of cellular phone internet usage of early adopters. He aimed to determine several ways that can measure internet diffusion among mobile phone users. Author conducted a longitudinal study in Finland in 2005 and 2006. The research design combined qualitative and quantitative studies. Handset research was used and combined with Internet surveys and mobile-based pop-up questionnaires. The following metrics were used to measure mobile internet usage: "Absolute packet data volume per month per user, Share of panelists using handset browser, and Share of...

3 min

Week 1 Marketing

The definition of marketing is rather vague; moreover, different professionals tend to define marketing, using different terms. Marketing should be a necessary element of the organization's sales function: it is the critical element that forms close business ties between customers and sellers, helps firms grow their customers and deliver critical customer value. Planning is integral to marketing; similarly, marketing is impossible without planning. Throughout the history of marketing, since the marketing department era, all marketing activities have been brought under control of one department or one marketing specialist. Planning in...

8 min

Business Law: The Case of Leaky Windows

IntroductionIn today's world of products and services; buyer beware. We see it everyday on Court Television, people on both sides of the case are anxious to protect them. Not only is it buyer beware, but also business owner beware. In today's society where the customer is always right and customer service relations stems on how a company conducts themselves at every step of the way, never more has it been extremely important to have contracts set in stone as every court in the land will look to contracts and paperwork...

9 min

Whole Food Markets Trends and Outlook analysis

Company OverviewWhole Foods Market is the world's leading retailer of natural and organic foods. It has more than 270 stores across North America and the United Kingdom. It was founded in 1980 and since then has come a long way by providing food of high quality in its purest state unadulterated by artificial sweeteners, preservatives or any other additives. The company's core values include Selling the highest quality natural and organic food products. Keeping and attaining high quality standards and ensuring that all items sold are fresh, safe, tasty and...

4 min

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When Genius Failed: The Rise and Fall of Long-Term Capital Management

Roger Lowenstein is a well-known business enthusiast and writer of different business-oriented books that are primarily a self-help orientation for early business entrepreneurs who are still new to the field. The expressive manner of the author in terms of presenting his ideas has made it certain that capitalism and its management is one of the key elements that are presented through the fields of business development and improvement in the said industry. Furthermore, it could be observed that the approach of the author has been focused on the particulars of...

10 min

Skills for Managing Conflict in Organizations

Conflicts will always be a part of every organization because of the diversity and differing opinions and personalities of the members. There are conflicts which are not easily solved; and if conflicts are not resolved, it will cause disruption among the people. Thus, managers must have the right skills such as communication, decision-making, problem-solving, and negotiating skills to effectively manage conflict.The workplace is an area where conflicts will tend to arise. In fact, it is a normal part of every organization. Along with everything else, managers are tasked to manage...

5 min

The Marketing Mix

The marketing mix is the set of marketing tools the firm uses to pursue its marketing objectives in the target market. McCarthy classified these tools into four broad groups that he called the four Ps of marketing: product, price, place, and promotion. (Kotler. P, 2003)The marketing mix of product, price, promotion and place for ‘soap soccer' are as described below:ProductThe product mix of a company, which is generally defined as the total composite of products offered by a particular organization, consists of both product lines and individual products. (Product mix,...

5 min

Research and the Manager

IntroductionToday's manager often wishes for more information when the time comes to make a decision. If the need for action is immediate, the decision will be made on the basis of whatever information is at hand, scant though it may be. To the extent that the data are gathered systematically, in accord of openness to a variety of customers, the process realistically may be called research.BodyResearch is the systematic, empirical study of phenomena. Research methodology involves the investigation of problems through the application of a variety of techniques of data...

3 min

What is Development?

IntroductionWhile almost every person is in favour of development, not many people could easily or quickly specify what development is. The term itself evokes in mind the association with a growing fullness of human existence, the development of potential powers, and constant tendency in the direction of perfection and excellence. Thus, development can be defined as a natural process, closely associated with progress and movement towards better things.Main BodyHuman beings are not perfect, but they are always on the way to become excellent in all respects. Each generation since the...

3 min

What is business?

Business is the most important thing some one career, if you can cooperate with your customers, then your business will be successful. No one want to do business with a rude or mean business partner. Cause they wouldn't work with your company again, if your manger or boss was rude or out of order then you wouldn't want to work with them. Your job, company, or business should be taken serious but not to the point that you take it to the extreme. You should also have time for your...

3 min

Negotiation

IntroductionNegotiation involves an activity between two individuals. It is the resolution of contradicting interests lacking the implementation of force. Negotiation is skill that is capable of being learned and mastered. A good negotiator needs to be aware of several factors including: (1) his or her interests and those of others; (2) the application of imagination in order to increase the possibilities of producing concurrence; (3) how significant the association with other parties; (4) the willingness and capacity of the other party to put together and carry out an obligation; (5)...

7 min

Internet on Business: The Causes and Effects Today and Beyond

The Internet started to become famous in the year 1996. It was created by the Department of Defense as a computer network called ARPA (Advance Research Projects Agency) in 1958 for military operations. As the people discovered the many possible applications of Internet, it become commercialized and furthermore, revolutionizes the lives of the humankind. When we say revolutionize, we always think of its cause and effects; its advantages and disadvantages; the good and the bad side. Its impact to the government, businesses and every individual are truly astounding. As we...

6 min

Responsibilities and Roles of Directors

There are several roles and responsibilities that Directors have to assume in a Corporate Business and some of these include the following: It is the Directors responsibility to: establish the company or organizations mission and purpose for without doing so may direct everybody in the company in the wrong direction; choose the Executive since picking the best leader will positively affect the performance of the whole organization; support the leader and evaluate his or her performance because constructive criticisms will be very helpful for him to become a better leader...

3 min

Groupthink in project management

Groupthink refers to a situation whereby all the participants in the project are equipped with the necessary understanding of the progress of the project with a view of developing the best approach to achieve the set objectives. It involves communicating in one language. It therefore requires clear definitions of the objectives of the project. All the members working in the separate units as well as the divisions are harmonized together for the purpose of the solution of the problem at hand. They are therefore capable of solving the blame game...

5 min

Characteristics of Nonprofit Work Force

Given the increasing number of individuals in the United States work force who have been seeking employment with non profit institutions, which are organizations currently constituting the third sector of the economy, the importance of implementing a good nonprofit workforce becomes all the more relevant. Recent literature regarding this issue has identified certain key characteristics that are crucial to the maintenance of a good non profit workforce (Mirvis and Hackett 2003). Among these characteristics is the presentation of more challenging work, variety, satisfaction and intrinsic rewards.While it may seem that...

3 min