Critical Analysis of Social Responsibility of Business to Increase its Profits According to Ahn and Park (2018), social responsibility develops a systematic approach for conducting entire operations of the business in an ethical process. The development of this process ensures positivity in the existing services and develops proficiency in the activities. On the other hand, implementation of traditional approaches and negativity in the current working culture of an organization affects financial operations. Most of the management of the companies have to develop suitable connection among one another and reduce flaws in the services. The development of negativity in the working culture provides a direct effect n the operations and reduces social responsibility within one another. Moreover, development of adequate morals and ethics in the working procedures of the workers among the organization helps in maintaining sustainability. The basic principle is to develop sufficient morals and ethics among the workers and reduce efficiency in the operations. It is vital for managing daily activities in the organization and promotes sense of positivity in the activities (Giannarakis et al. .2016). The utilization of…
Marketing Strategy for Coca-Cola Company Team Project (4 sections) Overview In the first half of the course, you and your team will research the marketing strategy for an existing product of the Coca-Cola Company, and eventually propose a growth opportunity. You will examine the market, the category, environment and competitive challenges. The specific product/brand/category will be chosen by your TA. They will also identify the geographic scope of your work, and parameters of the category. The Coke project will have 4 sections. To aid in your knowledge about the product and the category, you should study the product in the retail environment. Look at shelf position, competitive products, pricing strategy and packaging. This can inform and enlighten you on the category, the consumers, competitive set and segmentation strategies. Learning Outcomes: The student will know or be able to do the following as a result of completing this assignment: Understand the importance of information and research in marketing and business decision making. Get familiar with key industry and company information resources. Identify and “size” the market, and look for…
How To perform a Successful Social Media Audit (Using NetBase Template) once you create a social media marketing strategy, it’s essential to evaluate its performance continuously. This can help you know whether everything is working as intended. An excellent way to achieve the best results is by conducting a social media audit. Social media audit is the process of compiling and reviewing procedures to identify what’s going as planned and what’s not. It also helps you identify areas that need improvements or adjustments on your social media platforms. Whether its Instagram, Facebook, YouTube, or Twitter, implementing a proper follow-up plan can increase the chances of your business success. If you’re wondering how and where to start, here are some essential steps to guide you through. Create a Template for Your Social Media Audit whether you’ve performed a social media audit before or it is your first time to do it, creating an audit template can simplify your process. The template helps you to stay organized and perform tasks as planned. With so many responsibilities, depending on your memory to conduct…
How to Improve Your Identity Management Strategy Identity management is essential in everything you do to ensure that you secure yourself form cybersecurity. Especially if in a business, you would not want to lose customers or loss of client’s data due to lack of proper identity management solutions. The best way you can get to improve your identity management strategies is by asking questions. Questions have so far been the best method one can use to increase their tactics in business. Some people, however, may wonder what type of kids of questions they are supposed to ask. This is why you need to be fully aware of the various things you can do to tighten security in your accounts. Below are some of the multiple ways you can use as identity management solutions for your business. Authentication can even be two-stepped verification process. This is to ensure that if the person is a bit of hacking into the first step, it would be hard for them to crack the next level. Authentication In everything you do, ensure that you check…
A comprehensive analysis of your present levels of competences and those key skills, knowledge and behaviours you need so that you can enhance your entrepreneurial and creative potential Introduction The success and excellence of entrepreneurs is not only based on one skill but they have competence in many other fields. (Lazear, 2005). FACETS is a structure that is based on nature themes which are recognized via the FACETS test (Bolton and Thompson, 2003). Focus is the target delivery stage of entrepreneurs. The opportunities are the advantage. Creative ideas are the creativity. There are two egos namely an inner and outer ego: the inner ego is the impel and the outer ego takes on difficulties. Your potential is helped by the team. Delivery with the cause is aided by social. To show the temperament and talent level you hold together with the right levels to become a winning entrepreneur. Darby (2002) carried out research on young entrepreneurs where he deduced that most of them depict symbols of innovative performance early. Focus My score for FACETS focus is eight, this is commercial.…
Medical Distribution Company Logistic Cost Control Abstract The Chinese healthcare sector strives to achieve quality healthcare at a minimal and cost-effective manner. The paper highlights the challenges that have impaired such move in the past. Supply chain system is a contributing factor towards the final cost of drugs and other medical devices. Therefore, it is imperative for the stakeholders in the industry to identify the existing gaps and offer substantial solutions towards achieving a cost-effective operational framework. The paper will delve into the analysis of some of the efforts the government and other stakeholders are putting forth to achieve a lean and effective supply chain system. The paper also offers recommendations towards achieving an agile supply chain in the healthcare sector. It is worth noting how cost management in the supply chain has shifted from managing procurement to managing collaborations and partnerships that go a long way on cutting cost. The analysis of health care system supply chain acknowledges the changes that have taken place in the past few years. However, the healthcare distribution network is not yet there and…
IBM’s strategic change 1.0 INTRODUCTION Strategic change is part of all corporate and business organizations in the current economic environment. Competitiveness, technological development, and changing geopolitics have all forced business organizations to investigate their strategy and revise it accordingly for the sake of sustainable profitability. IBM is one such organization that although having being in existence or more than five decades in a highly dynamic tech industry, has remained relatively unchanged for long. However, the emergence of various competitors in the computing industry forced the management to investigate the prospects of a strategy change. This paper intends to investigate IBM’s strategic change in detail since it’s realization that the process was not only necessary, but inevitable if the multinational was to survive. Starting off with a literature review of three main theories investigating the state of existing schools of knowledge, the paper intends to create a suitable background from which to understand the need for strategic change among companies. The theories will include innovations strategy, strategies for competitive advantage, and sustainable strategy. Afterwards, the paper will delve into the company…
CONSUMER EXPECTATIONS VS INDUSTRY STANDARDS Among many changes which have taken place in regard to business-consumer relationship is the enactment of industry standards which aimed at instilling trust to the customers in their transactions. Well, it was a great idea because consumer loyalty was the result. After the standards were passed, consumers felt that they were being taken care of and that led to expansion of many businesses especially in the sector of food industry which initially was treated with a lot of suspicion because of many instances it had been associated with offering unhealthy food stuffs to the consumers (Pleger, 2016). Some of the industrial standards which were passed ensured that consumers are taken care of in terms of ensuring that whatever the industries produced abide by the healthy standards and that made consumers to have confidence while purchasing industrial products because they believed that all had been taken care of by the standards (Tsang & Qu, 2011). And for sure that was the case, but not in all sectors of the economy since there are some of…
Media continues to live up to the impossible ‘’Media has been playing the impossible lifestyle image music too loud and the young generation we seem to drown in the lyrics just perfectly well’’ well, putting it in my own words that is what everyone out here thinks media is all about, the negative platform everyone is depending on. Social media has evolved our communication and interaction ways to a highly new level and it’s only fair for us to say that the platform is both a savior and our true identity killer. When we look at media according to how everyone is presenting themselves in it with an “all successful” perception and being able to hide their breakdowns and failures in the real life pitch, I for one it makes me hate social media. But again it has been the guardian that warns us of the dangers before they even make their way to us. There are footages looming over Florida of Hurricane Michael, the recent powerful and scary storm on the record that has killed 2 people so far,…
ENG4U Summative Presentation: Oral, Media, Writing, and Reading Learning Goals Speak to Communicate -design and deliver an oral presentation for a specific purpose -communicated with clarity and coherence -use appropriate diction and stylistic devices -use vocal strategies (pace, pitch, volume, tone, pronunciation, enunciation, etc.) -use non-verbal cues (face and body expression) Demonstrate Understanding -of the soliloquy form and literary devices[unique_solution] Extend Understanding -make connections between an oral text, media, and self Understand Media Text -interpret messages and build critical literacy Connecting Skills -explain the connection between words and v The Tasks Written Soliloquy Write your own soliloquy (25-35 lines) based on one of the prompts from Hamlet. The soliloquy does not have to be poetry. Do not try to rhyme! You will type two copies and hand in one copy before the presentation. You will include the following elements in your presentation: Thesis _a controlling idea or thesis/theme that your soliloquy presents. _Use of the argumentative appeals to develop your argument Tone and Connotation _ three connotative words that create specific tones Figurative Language…