Strategic leadership is the process of directing and offering a vision for improving organizational performance. It is strategic management of implementing a strategy for managing change and creating a sense of direction in the global competitive business. Effective leaders should provide a strategic direction for transforming the organization in order to achieve success. They should analyze the significant initiatives to be taken by the top leaders in the company, and integrate resources in order...
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Tuesday, October 22, 2013
The increased competitive which result due to increased technology contributing to a global village have encouraged financial analysts, regulators and lobbying groups to take significant interest in the market system. The accounting standards has created an ongoing debate as to whether accountants should regulate or set accounting standards or not. Thus, accounting standard settings has emerged as a language of business; thus new accounting regulations have been set in many government institutions...
Effective Positioning Is Vital Element of International Brand StrategyAccording to research, positioning is a category of marketing communication that has a significant responsibility in improving the desirability of international brand. This is achieved through transforming the physical features and insubstantial insights of a marketing offering in relation to the rivalry. It is vital to note that position is not determined by the appearance of the product or the sustenance that it pursues to...
Being a fashionable dresser does not necessarily mean that one has to spend a lot of money. This is because not everyone who can afford expensive fashionable clothes, but taking time and making significant decisions can sharpen one’s street-mart senses (Jennifer pr. 1). The price or expensive clothes does not make one to appear chic, but it is the actual sense of fashion that defines in case one is fashionable or not. A fashion is not always about draining the bank by spending on expensive clothes....
Diversification will be the main strategy for longevity of the Pink Lotus Innovations (LLC) Company. Diversification is a significant strategy in the company operating in the international market because it will enable the company to increase revenues. This is through higher sales volume made from diversified products and services in the new market. Therefore, the company will diversify their business in order to reduce risks in the new markets; thus maximizing returns through investing in diverse...
A merger refers to amalgamation of two antecedent separate industries, typically as more or less identical partners. In the merger, firms often exchange stocks and one company issue shares to the stakeholders of another firm at a certain percentage. Acquisition involves one firm taking over ownership of another, but a merger includes the combination of two firms in order to form a single entity (Cooper and Finkelstein, 2006). The motive for both mergers and acquisitions is strategic, managerial...
Companies such as Kodak are awarded patent rights to protect their exclusive use of technology in order to compete with their rivals; thus achieving a competitive advantage. A patent right can secure an exclusive rights of an inventor to an invention for more than twenty years; hence achieving a competitive advantage. This can eventually enable the company to acquire a temporary monopoly for its products; hence allowing it to reap high profits in the competitive market. However, in case the patent...
OverviewThe business plan can enable one to secure finances and define the direction of the business through creating a strategy for achieving the stated goals effectively. The name of the business is Nebula Interiors; thus the industry will deal with furniture and interior stating business activities.Products/Services: The industry will focus on modern classical furniture and decorations. The services provided include interior designing and staging. Mission: The mission of the industry is to...
Saturday, October 19, 2013
The International human resource directors and other top management teams of multinational companies have nowadays realized that globalization is the most critical problems many multinational enterprises are facing today. They also acknowledge that it has become difficult to determine the internalization strategies and factors that they will employ in setting wages for their employees. The IHRM director of a British Multi-National Food Processing Company, which is now planning to open new...
The Maslow’s hierarchy of needs model is one of the widely know theories of motivation employed in many organizations. The theory was developed by Abraham Maslow in 1943 when he came up with the concept of human motivation in the work place. This theory is parallel to the development psychology of human beings that is described in varied stages of growth. Maslow saw that human needs are in a form of a hierarchy ascending from the lowest needs to the highest needs; thus he concluded that when human...
The international business field has been largely developed over the last decades through the insight and leadership work of John Dunning. Electric paradigm, which is well known as OLI-model or framework is an economic theory that was established by John Dunning, in 1980. The theory is based on the transaction cost, which argues that the transactions are made within an organization in case the transaction costs are higher than the internal costs in the free market (Cantwell and Narula 2003, p.41)....
Interviews are widely used as an effective research method for data collection in many research fields. This is because they are effective tools for accessing attitudes of people, their feelings, reality and their inner perceptions easily; however, the degree of structuring interviews vary from structured, semi-structured and unstructured interviews. The structured interview involves the predefined set of questions, which are asked in the same order for all respondents (Hofstee, 2006, p....
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