Causes of Conflict Between People Conflict is the incompatibility of values between various parties involved in a particular relationship. The scuffle may arise due to antagonism or mere attempt to control one another. Conflict is a common occurrence in all kinds of human relationships formed in either social or work settings. Conflict occurs due to the varied personalities associated with different. However, despite conflict being depicted as evil, the absence of it illustrates potential social problems or thereof lack of any meaningful relationships. Due to this, many disputes have been attributed to financial, value and power dynamic causes. Therefore, this article shall discuss how the difference in values, financial situations and power dynamics causes conflict between people. One of the significant causes of conflict between people is finances. Both the availability and lack of financial power is a substantial source of quarrels between two or more people. Money and other assets are the leading causes of these conflicts. Kaittila (2016) argued that people living in an intimate relationship might have disagreements due to economic pressure. The financial burden may come…
Case Study: Al Rajhi Banking & Investment Corporation Introduction The use of efficient strategies for advancing, rewarding, attracting, as well as retaining employees is at the core of human resource management. In essence, efficient human resource management is beneficial for employees themselves and organization sustainability. This report focuses on the banking and financial industry, with a discussion on employee motivation. Al Rajhi Banking & Investment Corporation Brief Description Al Rajhi Bank ranks as one of the major Islamic banking institutions, operating in the Kingdom of Saudi Arabia, and other middle east nations, starting operations in 1957 (Al Rajhi Bank, 2020). As of May 2019, the organization had a $ 49.7 B market capitalization, making $ 4.8 billion in sales and relied on a workforce of 13,532 employees to maintain its operations (Stoller, 2018). Forbes Magazine ranked the company #487, among its “World’s Best Employers 2019”, a measure helpful to gauge its employee policies. Currently, the company has grown its network, with branches reaching over 500, over 118 specialized branches for ladies. Procedure/Policy Description Motivation is an essential aspect of human…
Impact of culture on marketing strategies in Dell Corporation Learning is an accurate depiction of people’s authentic way of life as well as their specific attributes. Culture includes the way people speak, values, style, norms, dressing style, attitude, and beliefs. Many aspects affect marketing strategies such as competition, target market; however, culture plays a crucial role in consumer preferences. For Dell to be able to market its product successfully, then it has to consider the various cultural practices from different regions and respect them. Marketing strategies have a relation to product planning and promotion to cope with quality and competition in the market (Goi, 2009). The marketing strategies include the 4ps- product, place, promotion, and price. Consumers are attracted to a product that fits in their traditions, norms, attitudes, values, and other cultural requirements. This paper will precisely discuss the role of religion and cultural variability in marketing strategies used by Dell Corporation. The first cultural aspect which Dell has to deal with in marketing its products is religion. The main religions known in the globe include Christianity, Islam, Buddhism,…
SWOT: Altieri Transco American Claims Corporation. Strengths: Altieri Transco has vast financial capabilities owing to the long-term revenues and divestment strategies. The capital enables the company to cover huge risks of a fire involving valuable assets and customers. The company also has a large team of insurance experts, including underwriters, risk managers, and claim advisors, who utilize data analytics to make the best decisions leading to financial improvement and customer satisfaction. During the many years of existence under the leadership of Raymond Altieri, the company has developed a strong brand reputation for offering the most reliable and efficient property insurance claims services. Within the modern scope of a business, the company has also leveraged on advanced technology and claims management systems that enable proper data storage, analysis, and accountability. Similarly, the company brags of wide market share with loyal customers who support the operations and sustain the revenues. Weaknesses: In the brink of growing digital marketing and social media presence, Altieri Transco American Claims Corporation lacks a proper social media presence that can adequately address audiences concerns. The existing social…
The Coca-Cola Company, American corporation The Coca-Cola Company, American corporation founded in 1892 and today engaged primarily in the manufacture and sale of syrup and concentrate for Coca-Cola, a sweetened carbonated beverage that is a cultural institution in the United States and a global symbol of American tastes. The company also produces and sells other soft drinks and citrus beverages. With more than 2,800 products available in more than 200 countries, Coca-Cola is the largest beverage manufacturer and distributor in the world and one of the largest corporations in the United States. Headquarters are in Atlanta, Georgia. The drink Coca-Cola was originated in 1886 by an Atlanta pharmacist, John S. Pemberton (1831–88), at his Pemberton Chemical Company. His bookkeeper, Frank Robinson, chose the name for the drink and penned it in the flowing script that became the Coca-Cola trademark. Pemberton originally touted his drink as a tonic for most common ailments, basing it on cocaine from the coca leaf and caffeine-rich extracts of the kola nut; the cocaine was removed from Coca-Cola’s formula in about 1903. The post-World War II…
HONGKONG AND SHANGHAI BANKING CORPORATION (HSBC) Introduction Hongkong and Shanghai Banking Corporation Holdings PLC is a multinational corporation operating within the industry of investment banking and financial services. Its establishment is specifically to finance the growing trade between Asia and Europe. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. To support the bank’s growth into a global financial institution, HSBC invested in new headquarters. Lord Norman Foster’s design is a demonstration of the bank’s commitment to Hongkong. The company’s businesses range from the traditional High Street roles of retail banking, corporate banking, private banking, commercial banking, investment banking, and worldwide banking. It maintains several networks of around 600 offices in 20 countries in the Asia Pacific. They also own several HSBC banks operational in different countries and holding the stakes of the group, mainly in mainland China. It provides current and savings accounts, bonds, loans, mortgages, unit trusts, card products, deposit certificates, security products, and broking. In 2018, the company was ranked 7th worldwide…
currency exchange nature with its impact on importation and exportation of alpha and omega corporations Increasing globalization and heightened volatility and currency changes in exchange rates in the modern era have a significant impact on the operations and profitability of companies. Not only does the volatility in exchange rates affects multinational and large firms, but also small and medium-sized companies, with those operating only in their home countries also included. Investors should not be left out in familiarizing themselves with understanding and managing exchange rate risk due to the enormous effect it can have on their holdings, as it is also a subject of explicit significance to business owners. Travel, imports, exports, and the economy are affected by currency exchange rates. This paper discusses the currency exchange nature with its impact on importation and exportation of alpha and omega corporations. The fall of the value of the euro will be used as the primary example, how alpha and omega firms will be affected by the fall in the value of the euro. Alpha, for instance, imports its raw materials from…
The business-level strategies for the corporation Citi Group Businesses around the world have a similar goal, which is to earn profits through income and generate returns to the shareholder. To successfully achieve their aims, the corporations use different strategies, including business-level strategy and corporate-level strategy. Business level strategy concentrate on attaining customers, satisfying them, and increasing the company’s profits. On the other hand, the corporate level strategy focuses on all business units to ensure that the entire company succeeds. A company can choose to use any of the two approaches or even both in dealing with business competition. The business-level strategies for the corporation Citi Group Citibank is one of the biggest banks in America. It has a different business-level approach than other companies. The core products that the corporate banking offer includes transactions services, corporate finance services, and Treasury marketing services. Citigroup uses different business-level strategies to achieve its goal. The first one is the citizenship strategy. In the approach, stakeholders are involved in the assessment of materials. They also get involved in discussions to see how the stakeholders…
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Incorporation of Counseling Programs within American-Arab Anti-Discrimination Committee (AADC) Programs 1.0 Description of the Organization 1.1 About AADC AADC is an organization serving the interests of Arabs in the U.S. to ensure that unique issues affecting the minority group are addressed and that Arab-Americans are protecting from issues affecting minority groups such as discrimination and racial profiling (American-Arab Anti-Discrimination Committee, 2017). The organization was started in the 1980s to address the common challenges facing Arab-Americans regardless of their heritage, religion or ethnicity. AADC has branches distributed all over the U.S. with its headquarters based in Washington, DC. The current chairman of the organization is Mary Rose Oakar, a former Congresswoman. The organization has had a bumpy relationship with the U.S. government in the recent past owing to the increase in terror threat and the need for the government to identify organizations that fund terrorist activities (IBP, Inc, 2015). In essence, the organization acts both as a lobby group and a group aimed at improving the experience in Arab-Americans. 1.2 The Community in which the Organization Operates The American community…