Four Ways That Networks Contribute to Business Success A network is a connection of things, and when it comes to computers, it is a connection of many machines. Networks contribute to business success, and there are four ways in which they can do it. One of the ways that networks contribute to business success is the generation of information, storage, and spread of information. Networks allow the data generated to be stored and transmitted faster among the business employees. Networks make accessibility of information easy and fast, which leads to a successful business since there are no delays and save on storage space and distance barriers. Connectivity is another way through which networks make a business successful. Through connectivity, a company will be able to carry out research, stay trendy, and know what other similar businesses are doing. A network allows a business to keep up with changing times hence stay current. It is through connectivity that the business will keep up with trends and be successful. Networks also allow customers and businesses to be in touch through communication. Through…
Management Theories and Practices Introduction A lot of management theories have been proposed over the last century. A number of them have been developed to modify previously determined theories, while others also take a different approach altogether. The organizations of today should understand what management theories they may want to apply (Carlone, 2017). The modern workplace has evolved, and organizations must try to adopt management theories that work well for the contemporary worker, even as they seek maximum productivity. The report analyses the contributions and limitations of various management theories. The styles of management practices that best suits the organization are also suggested. The process of management that would be undertaken to ensure that the organization objectives are met is also discussed. Scientific management theory F.W. Taylor proposed the theory. It analyses and synthesizes workflows as they are within a given organization. It mainly argues for improving economic efficiency and labor productivity among the employees. The theory states that employers will gain more by rewarding employees so that they could increase their productivity instead of scolding or punishing employees who…
Internal and External Strategic Analysis of Ford Motor Company Ford Motor Company is a multinational automotive company that has its headquarters in Michigan, United States of America. Ford was founded and incorporated in 1903 by Henry Ford. The Ford Motor Company sells the commercial and automobiles under the Ford brand. It also sells the luxurious brand under the Lincoln brand. The famous model cars of Ford Motor Company are the Mustang, F-150 Raptor, and Ranger Raptor, among others. Ford is termed as one of the largest motor companies in the world (Wong, 2019). It is the second-largest in the United States of America after the General Motor Company. The Ford Motor Company has acquired the market in almost all parts of the world. In addition to that, the Company has created a positive image to its customers by coming up with efficient and effective strategies. The Company has a strong strategic management team that ensures that every aspect of management by the Company is performed accordingly. The strategic management involves both external and internal concerns. The internal concerns include the…
Business and Management: Foreign exchange and financial derivative The Santander versus Metro do Porto case is a typical example of how companies use financial derivatives to increase their profits. Santander made the most of the financial crisis to increase the interest accrued from its deal with MdP by tricking the Portuguese government into accepting the complex terms. After the financial crisis, many European governments were looking for an opportunity to reduce the amount of money, and they could use in terms of loan repayments. However, things turned south for the Portuguese government as it found itself in an awkward situation in which it has to pay more. The loan interest rates escalated from a meagre 4.79 per cent to a staggering 40.6 per cent in seven years. By the time the Portuguese government stopped paying its debt, the money had increased from 89million Euros to 459 Million Euros. This case study presents information on how companies pounce on opportunities to maximize on the foreign exchange and financial derivatives. Back in 2009, the world was going through an unprecedented economic crisis.…
Fresh graphic design ideas for management and purpose Graphic design is essential to people and businesses in various aspects. People or organizations are increasingly using graphic designs for effective communication and management. The increased demand for graphic designs has promoted competition in designing ideas. Graphic designing today is playing a significant role in modern management. The graphic designs are used in an organization for web management to achieve the strategic and mission of the organization. Graphic designing has been applied by many organizations in web management to promote creativity, innovativeness, effective product designing, communication, service designing, as well as general management in an organization hence promoting organizational success. This article explores various fresh graphic design ideas for management and purpose. Vibrant colour design graphic idea Being colourful is a fantastic way of designing a website. The use of minimalist style may be right for a particular brand, but the use of different colours in graphic designing for a site can be unusual. The websites with vibrant colours graphic designs make sense for the artsy brand and presents playful character. The…
FUNDAMENTALS OF ENTREPRENEURSHIP Introduction Entrepreneurship has, for long been attributed to the private sector based on their initiatives directed towards raising capital to grow their business. However, authoritative series on entrepreneurship shows that the government has a key role since it impacts on how new businesses are created and managed. As such, the government predicts the nature in which the firms grow by developing a favourable environment for the businesses to thrive. There are different types of entrepreneurs in the modern-day marketplace relative to their unique capability and prowess while doing business. Entrepreneurs possess unique characteristics which makes them unique in the market, thus developing a higher position than their counterparts. For instance, world-changer entrepreneurs strive to make the world a better place since they comprehend concepts such as harmony and empathy. However, numerous questions have been raised on whether the government should intervene in differentiating the different types of entrepreneurs. Argument in favour The government should intervene to differentiate between the different types of entrepreneurs to maximize social welfare. As such, the government’s intervention should be put in place…
Health Care Business Plan Business Name The proposed business name for the healthcare institution is Eric Hilton Medical Center. The medical centre shall take after the leading medical professional who was recognized for his contribution in promoting healthcare for the homeless, the destitute and those who could not afford healthcare. Mr Eric Hilton is famously known for his contribution to the development of medical centres countrywide. Its contribution provided more medical service access to women, adolescents and the elderly in dire need of the services without the means to afford it. Accordingly, the proposed business name shall be under Eric Hilton Medical Center as a commemoration of the efforts he contributed to the society- redefining medical care. Below is the logo of the proposed Business. The medical care centre shall be a non-profit corporation created to enhance the lives of Americans. ERIC HILTON MEDICAL CENTER Figure 1: A representation of the proposed business logo. Description of the Business Purpose, Mission and Objective Vision Statement To enhance the lives of Americans through improved access to and quality healthcare services…
Tips To Consider While Choosing the Right Medical Waste Management Company When it comes to medical waste, you should select the right company to manage the waste in the health facility. Working with an inexperienced company is a risk to all people in the medical facility. To ensure everyone’s safety while handling medical waste, you must choose the right waste disposal company. So, read through for tips that will help you choose the best company. Check if they have a permit. While choosing a medical waste management company, make sure that they have all the required licenses to handle, dispose, and transport medical waste. The company should have adequate insurance. Check if they train their employees on the necessary medical waste handling skills. They should have the basic knowledge of proper transport as well as how to dispose of them. Flexibility with Medical Waste Pickup Always work with a company that is willing to make the disposal of your medical waste a priority. They should be flexible about pickup schedules. They should not be so rigid on their collecting schedule…
Nursing Role in HIV Prevention and Management While great strides have been made in HIV diagnosis, treatment, and prevention, a lot still needs to be done. According to the Center for Disease (2019), approximately 1.2 million people in the United States (U.S.) have HIV. Alarmingly, about 12.8 percent of people in the U.S. are not aware that they have HIV. In 2013, nearly 722 people in Arizona aged 13 and above were diagnosed with HIV. Approximately 25 percent of these individuals were diagnosed at the late stage of the disease. The Arizona status report indicates that these people have an increased risk of transmitting to other people, disease progression, and death (Center for Disease, 2019). Also, approximately 17,858 people died of HIV-related complications in 2012, and out of these, 216 were from Arizona (Center for Disease, 2019). Many government policies are in place to address HIV prevention. Many of these policies increase access to care and support. While these policies have been helpful, nurses also play a critical role in the prevention of HIV. Nursing practices enhance HIV prevention and…
How to conduct a social media analysis The modern-day we are living in today requires one to be fully engaged in social media. This has become one of the most powerful tools one cause to ensure that they grow their businesses as well as connect with clients. But for you to be able to do this, there should be a strategic plan. For you to be able to come up with this strategic plan, you need to have do a social media analysis. This social media analysis will be aimed at showcasing your goals, both online and offline, target market and competitors. It will also give an assessment of the tools you will need, for example, NetBase and the resources available for you to conduct this analysis. NetBase is a social media tool that helps the business be able to follow up on their social media conversations. It gives an overview of how they use their social media networks and at what rate is this social media platform earning them profits. Conducting a social media analysis is not at all…