The blog focuses on the different business aspects of the company ASDA in the current international market. To understand the notions of business and in order to identify the objective that is to be incorporated within an organization for the accumulation of maximum profit, the company has to locate the appropriate market and plan strategies to ensure success. Continue reading
Corporate Governance is usually looked upon as a process or system related to management of an entity. Similarly overlooked is the contribution of auditors to the corporate governance. The essay evaluates the corporate governance role of auditors. Continue reading
Corporate Social Responsibility is important in all sectors of business, which also includes construction business. The main problem that the Government is facing currently is the social consequences of favouring large-scale companies like Carillion, and giving all the major contracts to them Continue reading
The event management is considerable for the alignment of the particulars of the project management for integrating the formation of the works (Halligan, 2017). The development of the particulars would be deployed for the continuation of the effective work alignment. The continuation of the works was deployed for the aligned development of the specifications aligned with using the information alignment. The composition Continue reading
Puchong Plc is evaluating an investment proposal which requires to invest $ 33,00,000 as capital expenditure and additional $40,000 as working capital. Puchong Plc used scientific techniques such as net present value and internal rate of return approach to evaluate the investment proposal. The discount rate of Puchong Plc is 105 however return on capital employed is 30%. Continue reading
The Australian tourism industry has been experiencing difficult demand condition largely due to subdued economic conditions in chief export markets, high exchange rate, slow growth in spending by households and repeated downturn in the resource investment of the travel and tourism sector. Continue reading
Entrepreneurship is nothing but self-employing. An entrepreneur should have innovative ideas and should plan proper strategies to implement those ideas. The process of entrepreneurship also involves decision-making and forecasting. To start any business, entrepreneur has to find sources for financing the business and then earn profits from the business deals. Continue reading
Samsung Electronics Co Ltd is one of the famous manufacturing and selling of electronics and computer organisation. It is founded on 13 January 1969 and it’s headquartered in Suwon, South Korea. Samsung entered the electronic industry in the late 1960s and the construction and shipbuilding in Mid-1970s. It provides high quality of home appliances, telecommunication equipment, semiconductors solid state drives, Continue reading
Oman Oil Company is a commercially owned company by the government of the Sultanate of Oman. The company is a national petroleum investment company. Oman Oil Company was established in the year 1996 where the company has invested in power generation, oil refining, energy transportation, infrastructure, and petrochemical manufacturing. Besides, the statistical data of the company states that they have owned 49% stake in the Oman Oil Marketing Company. Continue reading
The automotive industry has been undoubtedly one of the biggest and ever-evolving businesses since the industrial revolution. From just being a subject of commutation to being a symbol of status, the cars have evolved over years to meet the changing needs of the consumers. In the modern era of globalisation, the automotive business firms compete on a worldwide platform delivering to the customer a wide array of car models, differentiated by segment and type based on the diversified requirements of the customers. Continue reading
In the present era, businesses are focused on the effective use of technological tools in respect to improving their performance. By having a consideration of critical standards in the application of technology the issues can be resolved effectively and leads business to an impressive level of success. Travel and tourism sector has a diversified service that needs the assistance of technology. Continue reading
As early as in 2006 it was argued that social media started replacing traditional sources of information (Jepsen, 2006). Later, it has been supported that social media might influence the buying behaviour process; at least as described in Inputs-Processing-Response models (Constantinides& Fountain, 2008). Moreover, De Valck, Van Bruggen, &Wierenga (2009) suggested that virtual communities are becoming important networks of consumer knowledge that influence consumer behaviour. Continue reading
Please pick a non-US company (Fast Retailing Company from Japan) that interests you and walk me through your company’s annual report
What is a strategy?
Term strategy is quite loosely used in industry and even in real life. As defined by Michael Porter in 1996 (Porter, 1996) that operational effectiveness, total quality management, benchmarking, re-engineering etc. is not a strategy. Similarly, the idea of doing something different in a situation is a simple trick but not a strategy. The argument is based on the logic that these steps or activities, though provided gains to the firm in short run but could be easily imitated by the competitors hence rarely lead to a source of sustainable growth. Hence the bigger question arises, what is a strategy? Continue reading
Business-to-business refers to a model that sells products and services to other firms. It mainly acts as a supportive enterprise that offers services to help other companies succeed. The marketing purpose is the production of goods and general business operations (Batt and Purchase, 2003). For instance, Xerox, an American global corporation that provides paper and print services to other businesses. Continue reading