This is disturbing because not only were the thieves being able to access and steal the information, they were able to send an extortion letter to the company without anyone knowing. Then, no one at the company was aware of the issue, until it was too late. (Ragan) What this shows is that Express Scripts was more interested in increasing their overall bottom line, than protecting their customers' privacy. While, no security system is 100% safe, the fact that no one knew someone had stolen the personal information and that there was an extortion threat, highlights how security was not a top priority. Logically speaking, if the leadership of the company had been emphasizing good security related practices, the minute that the information was stolen would have allowed the company to alert the authorities. Once, they received the extortion letter they could have used it and the alertness of…...
mlaBibliography
"About Us." Express Scripts. 2010. Web. 26 Apr. 2010
"Attorney General McKenna Announces Express Scripts to Pay $9.5 million." Washington State Attorney General. 27 May 2008. Web. 26 Apr. 2010
"Better Business Bureau Warns Against Unethical Services Targeting the Elderly." Better Business Bureau. 31 October 2007. Web. 26 Apr. 2010.
"Earnings Estimates." Express Scripts. 2010. Web. 26 Apr. 2010.
Saudis are also offended by the sight of the soles of shoes because in their culture, showing someone the sole of your shoe is roughly equivalent to giving someone the middle finger in the U.S. Therefore, you must be careful not to cross your legs in the "figure 4" posture that is common among males in the West (Hughes & Chesters, 2003
Important Cultural Expectations in Saudi Arabia
There are also important cultural differences that you should be aware of in Saudi Arabia. For example, women are prohibited from driving and they are expected to wear very conservative clothing (Hughes & Chesters, 2003). Therefore, having a Western female executive who shows up to an appointment in a business skirt that might be perfectly appropriate in the West could ruin your arrangements. Saudis are also very careful about any physical contact between the genders; therefore, Westerners should always wait and follow the…...
mlaReferences
Hughes, R. And Chesters, G. (2003). Living and Working in Gulf States & Saudi Arabia.
Survival Books: London.
Harris, P. And Moran, R. (2007). Managing Cultural Differences:
Global Leadership
Enforcing Ethical Business Practices by U.S. Federal Contractors
Summer 2013
There have been a number of high-profile cases of corporate wrongdoing in recent years that have involved federal contractors, and these cases have created calls for improved ethical practices in the public and private sectors alike. Because there is an enormous amount of taxpayer resources involved in the federal contracting process, it is vitally important that is conducted in a transparent and ethical fashion, but opportunities for unethical practices are commonplace and tend to increase as firms gain experience and become friendly with federal contractors. In addition, other opportunities for unethical practices can present themselves simply because practitioners are unaware of the long-term implications that are involved, or because they lack formal guidance for unique ethical dilemmas. To gain some fresh insights into these issues, this paper provides a review of the relevant peer-reviewed and scholarly literature to identify the causes…...
mlaReferences
Bid shopping ban on federal construction gains support in Congress. (2005, July/August).
Business Credit, 107(7), 28.
Green, M. & Berry, J.F. (1999, June 8). White-collar crime is big business. The Nation, 240,
689-673.
Wal-Mart Changes in Business Practices
Marketing in 2012 Demands a apid Pace of Change Affecting Business Practice
Over the years, there has been a change in the way organizations market their products across the globe. These changes are influenced by the dynamic nature of customers as well as changes in consumer behavior. It is pertinent to note that the introduction of social transparency has promoted the aspect of customer service in e-marketing. The social media is now considered an instrumental aspect of the marketing of any organization. This study will elaborate the significance of social media to Wal-Mart's marketing strategy. Through social media, customers become the influencers regarding the product consumption and purchase decisions across the market. Additionally, multiple aspects of an organization can be incorporated. These include advertising, public relations, marketing, customer service, as well as e-commerce. Social media website form multidimensional platform for different client engagements.
This study comprehensively articulates the…...
mlaReferences
Christian, E.B. (2011). Rock Brands: Selling Sound In A Media Saturated Culture. Lanham [Md.: Lexington Books.
Clow, K.E. (2012). Cases in Marketing Management. Los Angeles: SAGE.
Mainwaring, S. (2011). We First: How Brands And Consumers Use Social Media To Build A Better World. New York: Palgrave Macmillan.
Mullins, J.W., & Walker, O.C. (2010). Marketing Management: A Strategic Decision-Making Approach (8th ed.). New York: McGraw-Hill.
Creative Business Practices: Entrepreneurship Innovation and the elevance to the Modern Organization
The work entitled "Globalization of Social Entrepreneurship Opportunities" reports that entrepreneurship "...by new and established companies is a major source of wealth and job creation, economic and technological growth and social transformation. This transformation is made possible by the powerful forces entrepreneurship unleashes, where ordinary people conceive innovative ideas, organize production, assume risk, and engage customers to accumulate wealth or address pressing social causes, often across national borders." (Zahra, 2006)
The work of Donald F. Karatko entitled "Entrepreneurship: Theory, Process and Practice" states that many of today's companies are acknowledging the need for corporate entrepreneurship. (Karatko, 2008, paraphrased) It is stated by Kuratko that this need "has arisen in response to a number of pressing problems which are reported to include such as:
(1) apid growth in the number of new and sophisticated competitors;
(2) A sense of distrust in the traditional…...
mlaReferences
Mitra, Jay and Matlay, Harry, The Internationalization Efforts of Growth-Oriented Entrepreneurs: Lessons from Britain (2004). International Entrepreneurship in Small and Medium Size Enterprises: Orientation, Environment and St., Vol. 2, p. [HIDDEN] . Available at SSRN: http://ssrn.com/abstract=1496749
Sumner, Jasper (2007) The Social Construction of Globalization: How the Blair Government Reformed the British Welfare State. Indiana Journal of Political Science, Winter 2007, 41. Retrieved from: http://www.indianapsa.org/2007/2007article5.pdf
Passaris, Constantine, E. (2006) The Business of Globalization and the Globalization of Business. Journal of Comparative International Management 1 June 2007. Retrieved from: http://www.allbusiness.com/management-companies-enterprises/3958028-1.html
Audretsch, David B. And Sanders, Mark (2008) Globalization and the Rise of the Entrepreneurial Economy. Tfalling C. Koopmans Research Institute, Ulrecht School of Economics. June 2006. Retrieved from: http://www.uu.nl/uupublish/content/08-21.pdf
Also, these cotton capes were so valuable that a family or individual lucky enough to own twenty or more could support themselves for an entire year in the city of Tenochtitlan; these capes could also be used to barter for more expensive items like gold jewelry and necklaces made from jade (Van Tuerenhout, 184).
Out of all the goods that were available in the Aztec marketplaces, two were of primary importance for the people of the empire, being obsidian and ceramics. Because of its excellent cutting abilities and the large number of blades that could be fashioned from a single core, obsidian, also known as black volcanic glass, was one of the most valued and widely-traded goods in the Aztec Empire. Part of the explanation for this is that the Aztecs lacked metals like iron and had no knowledge pertaining to the smelting of iron ore. Although they did possess…...
mlaWorks Cited
Berdan, Francis. The Aztecs of Central Mexico: An Imperial Society. New York:
Holt, Rinehart & Winston, 1982.
Hassig, Ross. Trade, Tribute and Transportation: The Sixteenth Century Political Economy of the Ancient Aztecs. Norman: University of Oklahoma Press, 1993.
Hooker, Richard. "Civilizations in America: The Mexica Aztecs." 1996. Internet.
8 million in reduced utilities costs" (Young 56). Thus, Sun has reduced costs significantly, while keeping its workforce solidly on American soil. There are ways for smaller companies to utilize these types of solutions, as well. Flextime, telecommuting, and even satellite offices can help save money while creating a more motivated and productive workforce. Often, after implementing flexible work options such as these, output increases, because employees are happier and more productive in their jobs.
In conclusion, outsourcing jobs offshore may make short-term fiscal sense for many employers. However, the long-term affects of outsourcing remain to be seen. Outsourcing reduces loyalty and trust in consumers, reduces the level of customer service, takes jobs away from American workers, and may even turn the economy downward as it continues. Outsourcing produces cheaper labor costs, but all too often, it also produces shoddy products and services. Keeping jobs in America is not only the…...
mlaReferences
Anderson, Stuart. "Outsourcing Saves Money: Sending Jobs Overseas Can Increase the Productivity, Profitability and Competitiveness of U.S. Companies." State Legislatures June 2005: 30.
Challenger, John a. "How to Smooth Job Transition to Offset Overseas Outsourcing." USA Today (Society for the Advancement of Education) 132.2708 (2004): 22.
Cocheo, Steve. "Globalthink or Job Shrink: Offshore Outsourcing Brings Some Banks Key Benefits. If Only it Didn't Carry All the Cachet of Leprosy. A Look at What's Actually Happening." ABA Banking Journal 96.5 (2004): 40+.
Regulators Keep a Risk-Based Eye on Offshore Outsourcing." ABA Banking Journal 96.5 (2004): 64+.
Global
Three cross-cultural differences to consider if company expands into the global market basing on a selected Asian country.
Companies in developed economies are increasingly moving into the developing world searching for new customers and talents, a situation that has been brought about by their hard struggle in their own home markets. (Unit, 2012). Culture, as noted to influence consumer market and behavior, should therefore be greatly considered when choosing the international market strategy. Many cases have proved that the environment of a local culture, given a specific country or region, influences the market strategy as well as the way and the quantity that a company exports (Cui & Ting, 2009).
1.
Language
Sociologists believe that languages form the basis of cultures and without languages, no culture would exist. In another light, cultures influence languages and languages reflect cultures. Chinese as a mother tongue is spoken by thrice the number of population that speak English…...
mlaBibliography
Cui, Y., & Ting, Z. (2009). American Fast Food in Chinese Market: A Cross-Cultural Perspective. Hogskolan: University of Halmstad.
Erb, Claude, Campbell R. Harvey and Tada Viskanta (1995), "Inflation and World Equity Selection," Financial Analysts Journal, (Nov.-Dec.), 28-42
Irwin, J. (2012). Doing Business in China: An overview of ethical aspects. London: Institute of Business Ethics. Retrieved from: http://www.ibe.org.uk/userfiles/chinaop.pdf
Hofstede, G. (1988). The Confucius connection: Form cultural roots to economic growth. Organizational Dynamics, 4, 12-13
Family and Social Structure
Many Japanese families retain a very traditional division of home labor, whereby men work long hours and women stay at home and tend to the rearing and education of children. Couples may spend many hours of the day apart from one another, in contrast to American households. Children may live with their parents, especially young women, until they are married, rather than leaving after they depart for university. Children often have many outside academic and extracurricular commitments that keep them away from the home, although when at home they are more likely than American children to be responsive to the will of their parents.
Hospitality
The Japanese rarely entertain at home. If your hosts to entertain you at home, this is a great honor. Make sure to bring a gift for the household if they do. In Japan, the wrapping of the gift is of equal importance to the…...
mlaWorks Cited
Williams, D. "Japan." Global Edge. [6 Oct 2007]
Yamakawa, Ryuichi. "The Silence of Stockholders: Japanese Labor Law from the Viewpoint of Corporate Governance." Special Topic. JP Bulletin. Vol.38-No.11
November 1,1999. [6 Oct 2006] http://www.jil.go.jp/bulletin/year/1999/vol38-11/04.htm
est Practices in usiness
Over the last several years, the workplace has been continually evolving. This is because there are different age groups and demographics. These shifts are forcing employers to utilize numerous strategies in order to improve motivation and performance. In the case of Google, the firm is one of the top technology companies in world. To remain competitive they will use their employees to assist the company in reaching key objectives. This enables it to adapt with the different changes inside the marketplace. [footnoteRef:2] To fully understand they way this occurs requires carefully examining their practices, the way they can be used by other businesses and the influence they are having on sectors. Together, these elements will illustrate how Google is able to utilize these factors to continually adjust with the challenges it is facing. [2: Janet Lowe, Google Speaks (Hoboken, NJ: Wiley, 2009), 29-73]
ackground
Google is focused on providing…...
mlaBibliography
"Our Culture." Google. Last modified 2014. Accessed January 5, 2015. http://www.google.com/about/company/facts/culture/
Akanbi, Paul. "Exploring the Relationship between Job Satisfaction and Organizational Commitment." Journal of Business and Management Sciences, 2 (2013): 18 -- 22.
Fisk, Peter. People Planet Profit. Philadelphia, PA: Kogan Page, 2010.
Hackman, Michael. Leadership. Long Grove, IL: Waveland Press, 2013.
Research Methodologies and Implications for Modern Businesses
Today, two of the primary methods of collecting relevant information and interpreting it in unique ways to benefit business operations are qualitative and quantitative methodologies. Although these two research methodologies share some commonalities, they both differ in terms of what types of data is used for analysis and how the resulting analysis is applied in real-world settings. The purpose of this signature assignment is to provide a review and reflection on these two research methodologies to develop timely and informed recommendations for business practitioners concerning which research strategy is optimal for their purposes. A summary of the research concerning qualitative and quantitative methodologies and key findings concerning their use in real-world business situations are presented in the conclusion.
Review and Analysis
Qualitative methodology
Business practitioners in companies of all sizes and types are frequently faced with complex problem situations that defy easy explanations, and identifying which qualitative…...
mlaReferences
Chong C. H. & Yeo, K. J. (2015, June). An overview of grounded theory design in educational research. Asian Social Science, 11(12), 258-261.Creswell, J. W. (2003). Qualitative inquiry and research design: Choosing among five traditions. Thousand Oaks, CA: Sage Publications.Groat, L. N. & Wang, D. (2013). Architectural research methods. Hoboken, NJ: Wiley.Lowe, C. (2018). Data collection strategies in qualitative research. Public Policy & Administration. Retrieved from Newman, I. & Benz, C. R. (1998). Qualitative-quantitative research methodology: Exploring the interactive continuum. Carbondale, IL: Southern Illinois University Press.Neuman, W. L. (2003). Social research methods: Qualitative and quantitative approaches, 6th ed. New York: Allyn & Bacon.Qualitative research. (2018). The University of Utah. Retrieved from https://nursing.utah. edu/research/qualitative-research/what-is-qualitative-research.php.Qualitative research in a new world. (2018). The New Marketing Research. Retrieved from https://newmr.org/ blog/how-do-we-define-qualitative-research-in-a-new-mr-world/.https://web.csulb.edu/~msaintg/ppa696/696quali.htm.
.
One tactic which has made the John Doe group unique in the industry is its recognition of the importance of community in the viability of individual enterprises. Its damaged relationship with the communities in which it has sought to operate can be rectified by aspects of its model which are already in place. Though the company operates thousands of funeral service establishments from a centralized point of authority, its acquisition strategy incorporates the families who have owned and operated the newly purchased assets into the business plan. As a result, John Doe's holdings are hybrid entities, armed with the resources of a large parent company but endowed with the close community relationship of an independent business. Taking advantage of this model should be central to the company's overall reversal of its negative public image. This will demand that the new core of central leadership make an effort to increase…...
Business
How forces in and outside of business firms are changing the management task, altering business operations, and modifying stakeholder expectations?
Business, particularly those heavily emphasizing technology, are constantly changing. In many instances these changes are occurring due to a combination of internal and external factors. These factors often modify stakeholder expectation because the fundamental business itself has shifted. A very dynamic force that is changing the management task is that of globalization. Globalization is particularly contentious because it has no geographic limits. Competition can now come from anywhere at anytime. As such, management must be cognizant of the changing dynamics prevailing in their respective industries. The auto industry, for example, has directly felt the impact on globalization and stakeholder expectations. The auto industry prior to foreign competition was characterized by large fixed asset costs, hefty legacy and pension obligations, and slow innovation. However, through globalization the Japanese's were able to enter…...
Other measures can include sanctions against foreign companies that are engaged in bribery. This many motivate the governments of those countries to take stronger measures towards eliminating bribery.
3) There are a couple of reasons I think Starbucks has been so concerned about its corporate social responsibility. One is that it helps cultivate a positive image of the company, which can help to both attract and retain customers. Another reason is that the company comes from a culture in the Pacific Northwest where philanthropy and social responsibility is more accepted in business. This cultural difference may have impacted the overall philosophy of Starbucks with regards to this issue. Also, Starbucks is a high-profile company. They open themselves up to significant negative publicity if they engage in social irresponsible acts. Maintaining a high level of corporate social responsibility is therefore a defense against potentially damaging criticism.
Starbucks' various relationships are generally positive.…...
Business Consultant
It is a basic maxim of good business practice that an organization must keep pace with the needs of its customers, and in fact, constantly strive to anticipate the needs of its customers. To achieve this, it is important that a company targets processes and resources on customers and commits itself to the strategic delivery of customer perceived value (Lowenstein, 1997, p. xxi). Currently, it is apparent that the metal company under discussion has a key strength in that its marketing team is extremely customer oriented. This is apparent given the fact that they work harder at building satisfaction among disgruntled customers. Obviously, this work culture is something that needs to be retained and continuously reinforced.
However, given customer feedback about the inconvenience of interacting with different managers from different departments for their basket of needs, there needs to be management recognition that the marketing team will inevitably be constrained…...
mlaReferences
Lowenstein, M.W. (1997). The Customer Loyalty Pyramid. Westport, CT: Quorum Books.
Captivating Essay Topics Related to Corona
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The Psychological Impact of Prolonged Isolation: Exploring the Mental, Emotional, and Behavioral Consequences of COVID-19 Lockdowns
Re-evaluating Priorities in the Face of Adversity: How the Pandemic Has Reshaped Values and Life Goals
The Power of Connection in a Time of Physical Distancing: Examining the Impact of Virtual and Alternative Social Interactions
Societal Implications
The Digital Divide and Social Inequality: How the Pandemic Has Exacerbated Pre-existing Social Stratifications
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1. Unethical Practices: A Scrutiny of Corporate Greed and Moral Decay
2. The Shadow of Unethicality: Unveiling the Perils of Unprincipled Behavior in Business
3. The Moral Compass in the Marketplace: Reorienting Ethical Standards in Corporate Decision-Making
4. A Path to Perdition: The Consequences of Unethical Practices in the Business World
5. Deconstructing Unethicality: Exploring the Motives and Manifestations of Corporate Malfeasance
6. The Corrosion of Trust: How Unethical Practices Undermine Business Integrity and Public Confidence
7. Ethical Erosion: A Systemic Analysis of the Factors Contributing to Unethical Behavior in the Workplace
8. The Triple Bottom Line of Unethicality: Impacts on the Economy, Environment, and Social Well-being
9.....
1. The importance of ethics in business decision making
2. The impact of technology on modern business practices
3. The role of corporate social responsibility in business operations
4. The benefits and challenges of globalization in the business world
5. The influence of culture on international business practices
6. The significance of leadership and management in successful business operations
7. The effects of digital marketing on consumer behavior and business success
8. The role of innovation in driving business growth and competitiveness
9. The importance of sustainability in business practices
10. The impact of financial management on business success
11. The role of entrepreneurship in driving economic growth and innovation
12.....
Principles of Business Essay Topics
Ethics and Social Responsibility
The Importance of Ethical Decision-Making in Business
Sustainability and Corporate Social Responsibility: Balancing Profits and Planetary Health
The Role of Business in Addressing Social Issues
Whistleblower Protection and the Ethical Obligations of Employees
Innovation and Entrepreneurship
The Role of Innovation in Driving Business Growth
The Entrepreneurial Mindset: Characteristics and Erfolgsfaktoren
Creating an Innovative Work Environment
The Impact of Technology on Business Innovation
Leadership and Management
Effective Leadership Styles: Authoritarian, Democratic, and Laissez-faire
Motivating Employees: Theories and Best Practices
The Importance of Diversity and Inclusion in Management
Managing Organizational Change: Challenges and....
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