Introduction A business model refers to an organization’s ploy for making a profit. It identifies target markets and emphasizes the products and services offered for sale by an organization. A business model also includes the expenses anticipated by an organization, and they are crucial to both established and new businesses...
Several components compiling strategic thinking are helpful in the successful implementation of strategic planning (Bryson et al., 2018). These components include vision, organizational mission, and values. Firstly, an organization’s vision is presented by a visionary statement that consists of the list of goals set by an organization to be achieved...
Introduction Beauty Sculpt for You offers customers an assortment of beautifying physiotherapy procedures on a specially designed device. These procedures stimulate the natural blood and lymph flow, activate fat-burning processes in cells and provide painless body shaping without surgical operations. The specific frequency of the ultrasound cavitation allows Beauty Sculpt...
An Enterprise Data Warehouse (EDW) is a system that collects and stores information from numerous sources within an organization in order to support decision-making. An Electronic Records Management (ERM) system is a software application that enables organizations to manage their digital records, including creation, classification, storage, retrieval, and disposition. Enterprise...
Introduction Operating a medical facility is closely linked to substantial risk to an organization, medical practitioners, and patients. It is possible to apply particular risk management principles to reduce or eliminate potential causes of adverse effects. Evidence-Based Risk Management Strategies Risk Description The risk to be analyzed from the perspective...
Context Description In today’s market, organizations are experiencing stiff competition from their rivals which makes customer retention a problem. As a concerned researcher and customer, I noticed the major business operational problem that needs an urgent solution. This report targets business owners as the audience because they need to fix...
Introduction The Netflix Inc. hierarchy has a unitary and organizational structure that prioritizes performance over management. All the company’s key executives directly report to the CEO, excluding micromanagement. Main offices of Netflix Inc.: CEO – executive control. Content office – content production. General counsel’s office – legal issues, public policy....
From an entrepreneurial perspective, nonprofit organizations cannot bring any substantial income because they carry out socially-oriented activities designed to address urgent problems for the benefit of people. The opinion that such organizations should operate as businesses is not well-reasoned. Moreover, from a legal perspective, profit accumulation can be viewed as...
Introduction Capital budgeting is a significant concept in businesses that enables the selection of projects that will bring value. It involves a wide range of budgeting processes, including decisions on purchasing assets, acquiring land, or buying new machinery. Company decision-makers analyze the profitability of investment alongside putting into consideration its...
Executive Summary Preliminarily, it is inherent to state that, prior to making a marketing plan for an organization; it is extremely important that we begin by assessing the current nature of operations, their nature of profitability and the challenges being faced. It is only by having knowledge of such that...
The work organization processes in large companies always push their owners to make certain improvements. Basically, a large enterprise can be roughly divided into two departments – factory workers and office workers. These two categories have their own individual needs and requirements for the workplace. This analysis will focus on...
The Animal Foodland is a leading organic dog food company which addresses the issues of Georgetown’s, Washington D.C dog owners. Its message is to make food that meet the dietary requirements of domestic dogs raised for various purposes. The organization also provides customizable products suitable for each individual case. In...
Pfizer Inc. is an American international biotechnology and pharmaceutical corporation that is headquartered in Manhattan in New York. Charles Pfizer established Pfizer between the years 1824 and 1906 (Pfizer Inc., 2021). Pfizer organisation produces and develops vaccines and medicines for neurology, endocrinology, cardiology, oncology, and immunology. The firm has various...
Financial assessment of a company is vital for an investor to decide if the business’s stock is worth purchasing. Tesla Company Limited is an innovative manufacturer that produces electric vehicles and clean energy (“Tesla,” n.d.). Founded in 2003, the company becomes a popular choice for many investors in 2021 due...
Managers can make or break a company, as they are responsible for planning its general strategy, decision-making, organizing, leading and controlling the employees. Managers have to make quick decisions and predict what shape the market will take in the future to offer valuable products or services. This post will discuss...
Introduction Businesses can obtain capital for long-term operations from debt, equity, or hybrid financing options. Notably, each of the options mentioned above has unique characteristics, which are either desirable or undesirable to a business. As a result, organizational managers should collaborate in strategic financial planning to choose a financing option...