Category: Business 11471
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Researching of Reasoning and Decision-Making
Deductive logic is the process of reasoning where the specific information is concluded from general premises. It normally has a form of a syllogism, which in turn can be divided into categorical, conditional, and disjunctive syllogisms. The former implies two or sometimes more categorical statements that indicate the existing relationship between two sets of objects…
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International Corporate Governance: Principles
Introduction Corporate governance has become an international phenomenon. The recent financial scandals and bankruptcies of big multinational companies have really impacted almost every nation. Realising the significant, the nations around the globe are either establishing corporate governance guidelines or codes or refurbishing their guidelines already in force. International governance principle like OECD governance principles were…
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Industry Analysis: Malden Mills
Malden Mills is a textile industry that flourished under the leadership of Aaron Feuerstein. In 1995, the organization was burnt down to ashes by a fire outbreak. The chief executive officer, Mr. Aaron did an extraordinary thing. Instead of laying off the 3,000 employees of the organization, he kept them on the payroll. Later the…
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Workhorse Group: Company Information
Workhorse Group Inc. is a company that designs and produces electric battery power trains, as well as truck chassis. While its main administrative, research, and developmental offices are located in Ohio, the plant producing medium-duty truck chassis, which is to be discussed in this paper is situated in Union City, Indiana. The virtual tour over…
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Medical Appliances and Supplies Industry Analysis
The medical appliances and supplies have proved to be a significant industry in the modern world. The industry is not only growing rapidly, but it is a very dynamic industry in terms of its ability to change and adopt new technology. The industry is a fast-growing industry that includes the supply of surgical instruments, ultrasound…
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Staples Inc. in the American Retail Market
Retail Market in 1985 The retail market was not well established as it was composed of few dealers, who mostly concentrated with the well-to-do firms where they expected to make substantial sales. It was made up of a couple of wholesalers who would determine the price they wanted to offer to various customers. Price discrimination…
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CVS and Walgreens Organizations
Introduction CVS Health operates in four segments, namely corporate, health care benefits, pharmacy, and retail. It deals with cosmetics, drugs, seasonal merchandise, and convenience foods. The company received the best employer award for promoting a healthy lifestyle in 2015 from the National Business Group on innovation. As noted in image 1 below, the company has…
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Director Responsibility to IT Governance
Student Source Trites, Gerald, (2004), “Director Responsibility to IT Governance”, International Journal of Accounting Information Systems, Vol. 5 pp. 89-99. Summary The article discusses corporate governance and director’s responsibilities in the context of IT. The primary issue is the fact that the directors underestimate the significance of information technology in the business processes. In this…
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The Importance of Different Business Processes
Businesses contain multiple processes that lead a product idea to its sale: strategical planning, development, manufacturing, delivery, and overall customer experience. The strategy development stage forces a company or an entrepreneur to study their niche, decide if the product’s concept is in demand, plan its realization, and forecast costs and revenues. This part is vital…
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Researching of Flat Organizations
In recent years, the changes in the business landscape instilled the evolution of companies’ organizational structures. Traditionally, most firms relied on hierarchical frameworks that prevailed in most industries. Within this format, an organization resembles a pyramid with front-line employees at its foundation and the CEO on top. Between them, there is a large number of…