Business environment Essay Samples and Topic Ideas

business environment. Power involves being able to make people do whatever you want (De Janasz et al., 2015). Power may be used to acquire scarce resources, influence decisions and earn cooperation from people outside one’s direct authority (De Janasz et al., 2015). One may have power from their position in an organization or his/her qualities as viewed by others. Politicking, on the other hand, involves using information and power to acquire resources to achieve set objectives (De Janasz et al., 2015). With the current business environment where there is employee diversity, numerous business strategies and rapid development of information technology, politicking is a useful asset for a manager....

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business environment empowerment is essential and necessary to every organization. References De Janasz, S., Dowd, K. & Schneider, B. (2015). Interpersonal skills in organizations (5th ed.). New York, NY: McGraw-Hill. Hayes, Stuart (2011). How Leaders Empower, When Managers Control. YouTube. Retrieved 31 January 2018, from...

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business environment, competitive advantages and disadvantages, and an acquisition of knowledge on the weaknesses and threats towards Apple Inc. In addition, data from different companies in the same sphere is being collected to determine the pricing differences. This is in a bid to develop a prediction model for the forecast of future sales. This data is meant as a determinant of the relative effect of pricing on sales. An analysis of the data to test its suitability is one of the pending tasks. According to Allen 1997, 178) data analysis involves techniques of descriptive statistics to check on data distribution. Gelman and Hill (2006, 32) emphasizes that there are different variables at play and...

business environment of innovation and changing government policies, something can happen to it with will adversely affect the company. Question 4 A worker like Nicole can be motivated in many ways. One way is through recognition by Jim so that she can know that gym is recognizing the excellent work that she is doing. Another way is by hiring more female salespersons as she noticed that she was the only one in the team. To add to that Nicole can be motivated by inculcating a work culture that encourages team building and experience sharing to encourage employees to see each other as partners who complement each other as opposed to competitors who are competing against each other. Lastly, Nicole...

business environment, the 2020 goal is still feasible. (Park, 2015). References Keller, K. L., & Kotler, P. (2016). Marketing management. Pearson. Park, S. O. (2015). 23. Samsung: restructuring, innovation, and global networks. Handbook of Manufacturing Industries in the World Economy, 362....

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business environment is not at its best. This results from the ripple effect from their chief customer’s low business. As such, the company is in a bid to cut down on costs whilst maintaining its business operations. Though there are other avenues for this, human capital is bound to take a blunt hit from the undertaking. As the HR practitioner, it falls within my purview to offer an efficient way of handling any staff reductions, training and previews the existing employee policies in this business environment. Human Resource Development Knowledge is basic for any employee to operate effectively. This evidently features in the hiring process where sifting is done for the best person available...

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business environment. If the environment is turbulent and complex, a leader with specific traits is preferred. An entrepreneurial leader should possess slightly different attributes from the other leaders. Identification of value is essential, but the entrepreneurial leader has to create a value proposition and then test as a further step. Under their leadership, they are expected to deliver value to the customers and at the same time create a contextual awareness of the organizational strategies and goals. This kind of a leader should be a fast learner, flexible to environmental changes, have high coherence abilities and be able to influence their followers. The decisions made by entrepreneurial...

business environment, any opportunity that may bring about profit is usually utilized to the maximum. In fact, that might become the center of focus because other people offering the same services may not come across or discover such loopholes. Furthermore, no one would be in the position to tell the customers or any other interested people about their tricks in business the way this author leaks some information to the customers (Bourdain, p31). He talks of the economic functioning of restaurants and the tricks restaurateurs employ in the business which consumers have to know. For instance, he warns people against making fish orders on Mondays (Bourdain, p32) because there is a high probability that...

business environment, organizations have been forced to analyze every move they make in a bid to come up with decisions that serve the interest of their organizations. In this sense, the process of decision making has become one of the most important aspects of the companies’ operations because it is through the decisions that their success is determined. Further, CEOs and managers in these organizations need not only the knowledge acquired in the academic institutions but also the skills acquired by the experiences they face in their daily interaction with other business members. In this regard, this paper critically analyzes two articles, Rosenzweig (2013) and You can’t be a wimp (2013). In the...

business environment (Eskerod et al., 2015). Although the practices may result in positive outcomes in the short term, they have long negative long-term impacts on the business. For instance, false advertising attracts large numbers of customers, which leads to increased sales volume and eventually high-profit levels. Exploitation of suppliers, on the other hand, creates a more substantial profit margin for the business (Eskerod et al., 2015). However, consumers can easily shift to other products on realizing that they are being exploited. Similarly, suppliers would have the business as a last resort by prioritizing other businesses that offer desirable prices. In the long run, the business can...