problems facing the global enterprise while offering a solution to construction industry Introduction The construction industry is a major of the leading contributor to the global economy. With technology development and skills enhancement that has resulted in the faster growth of the industry, various challenges or problems are facing this industry. The actual picture painted of the global construction industry is very concerning in nature. While the growth of this industry is stills forecasted on the sector as whole different countries such as the US, UK and the South Africa, for example, have inexperienced upsets in the domestic industries which have negatively impacted on the comprehensive picture of the sector (Wzorek et al., 2015). This one initially lucrative industry is facing some of the challenges that keep on compromising the growth of the entire sector and reducing its contribution to global economic participation. The nature of the challenges faced by this industry varies depending on the various factors, among them the country, policies, and technological innovation. This report examines some of the problems facing the global enterprise while offering a…
Overview of Saudi Cable Company The Saudi Cable Company was established in the year 1396H (1976G), and at first, it was operating as a limited liability company. The initial capital was approximately SR3.5 million. The company’s main objective was to engage in the manufacture and trade of copper rods, wires as well as power cables. The company manufactures rods of all tensions and sizes. The company makes communication wires and cables comprising of; fiber optics and copper ground conductors used for communication and electrical purposes, PVC insulating compounds, pallets, and wooden reels. Within a short period, the company experienced substantial progress and emerged as a pioneer in manufacturer of cable in the Middle East. Later on, in 1409H (1988G), the firm was converted into a joint-stock company with a paid-up capital of SR270 million. After a few years, the Company share capital increased to SR760 million, and as of 29/11/2015, the company had 12,453 shareholders who were fully registered. At the end of the financial year 2015, the locals Turkish and Saudi, contributed approximately fifty-nine percent of the total Group…
Food Delivery Apps/Services In the 20th century, the United States food industry went through many changes that saw its rise and spike in sales. The cars’ advertisement was such that the dream of every American family was to own one. The federal government made much investment in the building of roads and highways. The kind of promotion done on the big screens and television depicted the industry as the only futuristic trend at the time. Thus, the food industry itself transformed to accommodate the foreseen change in the country. Restaurants and food industries developed drive-through that has become the hallmark of the American food industry that still in uses up to this day not only in American but all over the world. Innovation in the industry led to an increase in the number of sales that the industry earned. However, in the 21st century, the world has changed, and even though cars are still familiar and widely used. The advent of the internet is changing the food industry and delivery services through the development of mobile apps. With the promise…
Secrets Tips for Online Marketing Success Every business needs to grow daily and improves its profits. Therefore, proper marketing techniques and approaches help sales turnover. For example, using online marketing. By following the procedure, business goals are easily attainable. There are various factors put into attention in this mode of marketing. Plan Planning is a useful strategy to follow in aiming to be competitive, improves sales, plus hitting set targets. A plan lays a foundation for entering into the market with a high probability of achieving the best results. Furthermore, it contains detail to define goals guiding daily activities. It should be simple, secure, and call for immediate actions to follow for an excellent performance. Consistency. Attainment of customers’ trust and loyalty is necessary. The main important goal of huge sales is by ensuring there is a piece of the timely and right information. Information should be understandable and clear on what the company is offering to potential users. Consistency in quality, uniqueness, networking, and solving users’ challenges is essential in online marketing success. Website optimization. For good…
Do economic volatilities affect 3D printing business and production in China? The research question is, Do economic volatilities affect 3D printing business and production in China? Background data from empirical data obtained from primary and secondary sources studies how financial instabilities such as insufficient capital, unhealthy competition, and fluctuations in prices of rare earth elements affect 3D printing business in China and the effect too small microenterprises. The research question is essential since it details sources of threats to enterprises dedicated to the printing and production of 3D printing technology. Analyzing the research question through empirical data is vital as businesses acquire sufficient information and knowledge of gaining business flexibility in the design application and utilization of 3D printing technology despite facing business uncertainties. The research and study process relies on the Resource Orchestration Theory to assess effectiveness in the use of 3D printing technology in solving solutions in diverse sectors. Empirical data indicates that lack of appropriate functional coordination leads to wastages of essential resources in industries such as Wood & paper applications due to lower optimal values. For…
free and easy uses of the social media application and cybercrimes The growth of technology over the years has made access to information through online media platforms very easy. In the recent past, this was not possible as the same needed technical skills to convey any information through these media platforms. This advancement nevertheless, has facilitated the development of websites and applications examples of Facebook, Twitter, Instagram, among others. The continuous use of social media has brought in positive impacts in the area of information and awareness but also has come with a dark side where the same is also used in the conduction of illegal dealings and cybercrimes altogether. The free and easy uses of the social media application have facilitated cybercrimes in various ways which are inclusive of easy access to other people private information. Stalkers, who in most cases have the ill intention of causing harm to the target victim, for instance, readily use Facebook. The same is replicated in platforms like Instagram where one can post anything in someone’s’ wall even without their consent, thus making…
differences in marketing strategies used by the world’s leading brands There are significant differences in marketing strategies used by the world’s leading brands. From these strategies, they develop their images, names, and products. The selection and application of an appropriate strategy mainly focus on what the brand wants to present in the market and the perception it will get as it attempts to gain recognition. However, when a brand aims a unique segment of the market, it has to adapt its strategies to suit the intended segment much better as compared to the first option. In this research memo, our interest as a company will be to focus on the pricing and distribution strategies of Volvo. These two marketing strategies are critical towards helping Volvo gain brand image in the motor vehicle industry. Pricing Strategy Volvo is popular with the use of optimal pricing. The company uses this marketing mix strategy entirely for pricing its wide range of brands. It differentiates the industry with vibrant segmentation according to the diverse customer base. Volvo is one of the few companies in…
family-owned business corporation from the perspective of Charles Luck The case study is about a family-owned business corporation from the perspective of Charles Luck, who is the latest leader. The case entails an overview of the strategic management processes involved, which Mr. Luck directed, and the emphasis on the implementation of leadership based on value. Mr. Luck needs that his leadership skills would be challenged; hence he considered a value-based strategy to unlock the potential of his workforce and the various groups of stakeholders. The case study starts with the introduction of Mr. Charles Luck and the different conditions of the industry. It also reveals the status of the company, including the employees and the substantial presentation of evolving Charles luck companies. Following the current state of the company, when Charles Luck became a leader, there many issues that needed immediate attention. Charles Luck jr founded the luck companies. A significant percentage of its profits come from housing starts. It has four business units that comprise of Luck stone, Charles luck, luck development partners and Har Tru tennis court production.…
Presentation of Forms of Bias in Media Introduction Presentation of forms of bias in the media can be subtle and often derived through perceptions held by authors of the media. Numerous studies have examined the existence and impact of various forms of bias in society. Such forms of bias include discrimination against race, gender, sexual orientation, religion, age, or even physical able-ness. However, in carrying out studies that center of social bias, these authors bring froth ideas and perceptions that further propagate bias in society. According to Black and Stone (2005), the notion of social privilege stems from the unmerited inclusion of certain personal qualities as norms by a dominant group in society. However, the authors argue that the action of observing the element of social dominance with detachment is what results in oppression. According to Prilleltensky (2008b), the well-being of migrants, or the minority in any social setting, is value dependent on social justices and access to resources availed by society. Therefore, the existence of a migrant or minority group in society gives a new responsibility to the dominant…
Mass media and setting agendas for the public Mass media can be defined as a media technology meant for a broader audience. Deriving from its name, “mass,” which means many it is, therefore, a means that is intended to share and reach many people within the shortest time. Media is a strong tool of information, education, and entertainment and plays a critical role in disseminating information. The mass media is the most means of communication that the general public relies heavily for information. Mass media tools include radio, newspapers, television, magazine, and the internet, which covers social media platforms. Apart from educating, entertaining, and informing, the media also plays a significant role in setting agendas for the public. The media does this by creating public awareness and concern of critical and issues of public interest. The television particularly, is a strong media tool given that it combines both audio and visuals and motion, thus becoming more appealing to the audience. The tv, as a news media and as the most preferred media tool by many people, plays the role of…