Business

Small businesses are a major building block to our nation’s economy.  Statistical evidence has shown that an estimated 65 percent of the employment opportunities in our American nation are provided by the small business sector. It is also to be realized that most of the innovations in our nation have been from small business enterprises. Just to be understood here is the fact that innovation is the most important factor in ensuring sustainable economic growth in any nation. It is in fact due...

Keeping in mind that an organization is referred to two or more people working together towards similar goals & achievements, we can analyze the reasons for Eric Murphy’s behavior in the first three episodes of the popular TV show ‘Entourage.’ In the first episode, we see that Eric Murphy plays a big role in the organization as Vincent Chase’s advisor, both professional & personal.  In order to continue living their extravagant lifestyles, Vincent needs to continue making movies &...

The Target Audience    Analyzing the characteristics of the audience is very important in presenting a specific topic or idea. Through this analysis, a person could easily draw a plan on how he or she is going to approach his or her audience and what kind of communication channel should be used. The audiences have different characteristics, roles, and attitudes toward a topic, and these factors should be evaluated by the speaker first before finally coming up with the strategies...

The automobile companies need to adapt to a changing marketplace. Here there is a demand for greater fuel efficiency besides cutting edge design. In fact, it is superseding brand loyalty or even vehicle size, as is evident from the latest innovations in India, US & China. In India Tata Motors has come out with Nano, which is the people’s car. It is an engineering marvel. This is the dream of the middle class. The tata nano is the cheapest car in the world. “The car is being offered at the price...

As per your request, here are some important considerations before visiting and conducting business in Japan. I researched three of the most significant factors on which the US and Japan differ in terms of business, professionalism and the market in which Yuppie will be introduced. We, as a team of foreign business people, will have to keep these key factors and their implications in mind while doing business and interacting with the Japanese corporate world and the target market.   Social...

This is a situational leadership analysis of the History Channel documentary: ‘Last Stand of the 300: The Legendary Battle of Thermopylae’ (Padrusch, Gornell, Beck, Koed, & Impollonia, 2007). It explores insights on how the strategic elements of the documentary relate to Paul Hersey’s and Ken Blanchard’s situational leadership models in war and business. Furthermore, it makes comparisons on how each major character of the documentary has reacted to specific situations and how current business...

Introduction Risk management is a “process of identifying, assessing, communicating and managing the risks facing an organization to ensure that an organization meets its objectives.”(lesrisk.com, n.d.) The whole process entails finding options, analyzing them after considering legal, behavioral and economic factors so that risk can be mitigated. Risk is a high probability of having an unfavorable outcome. This uncertainty is known as a risk. "Risk can be defined as the combination of the probability...

a. Finance: Allocation of resources and funds of the organization in order to maximize the wealth. Firm obtained funds both from external and internal sources at a lower possible cost via sale of stock, bonds, bank loans, etc. Allocation of resources is another aspect of finance as per the needs and the requirement of the business.     b. Efficient Market: in an efficient market the securities are fairly priced and reflect all the prevailing information with respect to the stock. In...

Worldwide and large companies and organizations have been greatly affected with the ongoing economic recession which has affected the global economy.  American International Group (AIG) has never escaped the economic recession.  Among the various economic struggles that adversely affected its business, it decided to sell out one of its subsidiaries, 21st Insurance Company to Farmer’s Insurance.  During the second quarter of the present year, AIG has declared and in fact lost...