Increasing Productivity of a Business Essay Samples and Topic Ideas

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business. There are various tools that have been created to make the project management process simpler and more effective. One of these tools is the use of templates. The sections that follow below will explore various aspects of the use of templates and how it can be both beneficial and disadvantageous. There are many advantages associated with the use of templates in project management. The first one is that they save time. Because they are usually predesigned, templates minimize the period taken for data analysis and presentation (Evans, 1). This is because relying on human memory alone for the collection and analysis of data may lead to errors due to simple human errors such as omissions and...

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Business Should Choose an S Corporation Limited Liability Companies and S corporations have lately been on the increase with the increased demand for investors and business people to have sure protection for their assets. However much the two may seem to be similar regarding their functions and even the way of operation, they as well have a sharp contrast that makes them different and distinct. Additionally, a business will have to keenly analyze the situation before resorting to whether it should adopt a Limited Liability Status or that of an S Corporation. This essay puts into consideration the reasons why should opt for an S Corporation instead of a Limited Liability Company. Apparently, a...

business seeks to obtain services, information or opinions from a large number of people, mostly through the internet. Crowdsourcing is based on the principle that since large crowds consist of people with different ideas and skills, canvassing on such a crowd would lead to the generation of quality ideas. For example, crowdsourcing could be used when a business intends to develop a new product by obtaining the different opinions of customers from different cultural backgrounds (Simon et al. 33) Businesses usually use crowdsourcing to invite customer support. The information and opinions obtained from the public could be used to make improvements in certain areas or products. It also enhances...

business leaders or managers can capture talents in their diverse workforce. Third, the story demonstrates how business leaders and managers can influence employees to be committed. As shown in the story, employees get to understand their duties better when they are committed. A key essential prerequisite for employees to be committed to their work is belief and acceptance of business organization goals and objectives. They must be willing to exert the required effort in the organization (Gallagher & Schmidt, 2015). As per the story of reference, it is essential for employees to behave as real members of the organization. The significance of this as illustrated is that it will help them deliver...

business requires both realistic and profitable strategies and commitment to the strategies. Any business person who is faced with a business decision must be committed to ensuring he or she comes up with the best solution possible, a solution that will ensure the business gains profit and remains sustainable in the market. In this regard, this paper responds to questions from a case scenario where the owner of small printing company is faced with a number of business decisions to make for the sustainability and profitability of her company. Diagram summary of the projected profits Projected Profits When sales are high When sales are low Purchased Equipment $90,000 $40,000 Un-purchased Equipment...

Business to File a Bankruptcy? Name Institution Is it Ethical for Business to File a Bankruptcy? Article; Boettcher, J., Cavanagh, G., & Xu, M. (2014). Ethical Issues that arise in Bankruptcy. Business & Society Review (00453609), 119(4), 473-496. doi:10.1111/basr.12042 Bankruptcy is a procedure, which is legal for dealing with business, and individuals facing unmanageable debts. The article describes bankruptcy as an efficient option compared to liquidation during financial failures. In addition, the firm in debt gets another economic chance in life after bankruptcy. The article further describes new opportunity can be utilized by a formation of a reorganization plan of the firm...

businesses require a structure to grow and function. Devoid of a structure, there is very little focus and clarity. Companies are referred to as “Organizations” because of a well-defined arrangement. Meaning, there is an organized stream of authority and leadership in which each person is thought to have an entire notion of whom they supervise, what they do, and to whom they eventually report. Therefore, any business that does not have a structure calls for trouble. However, it is simple to create an organizational structure that may be viewed and shared for enhanced clarity through the company. But before coming up with the structure, one needs to prudently analyze the business and consider the...

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