Category: Management

Executive Summary This paper is an interim report, outlining all major aspects of strategic management process of Magna International, Canadian automotive supplier, which will be addressed in the final report. Special attention will be paid to the history of Magna International, specificities of its strategic management, and recommendations for improving the effectiveness of currently deployed…

Table of Contents Abstract Strategy, strategic management, and strategic planning The importance of strategic management and planning Principles of an effective strategy References Abstract The following paper is devoted to strategy, strategic management, and strategic planning. The paper outlines the abovementioned notions, which constitute the baseline for strategic management as a whole, and discusses the…

Executive Summary Mercedes Benz is one of the world’s most recognizable automotive brands. Founded in the 1800s, the German company has evolved from a small makeshift firm specializing in the production of four-stroke gasoline power engines into a market leader in the production of luxury cars. Its global market outreach stretches across four continents and…

Introduction The contemporary economy is characterized by globalization, increased outsourcing of organizational functions, competition, and the need to establish information and knowledge-based organizations. This situation compels companies to seek cost-saving management models, for instance, the development of project-based organizational management frameworks and investing in technology. The goal here is to make organizations technology-intensive in their…

Vice President Marketing Zenon Marketing Subject: Employee Performance Report Sir, Please find attached the detailed report regarding the concerns related to one of our staff, Bill Smith. His performance and behavior have been recorded for the past seven months since he was employed. The concerns of the department make it imperative to produce to you…

Table of Contents Derivatives in the Business Setting Derivatives in Risk Management Potential Challenges of Derivatives References In general, derivatives refer to a financial instrument that allows securing a certain value that is reliant upon a monetary asset. The most frequently utilized assets are stocks, interest rates, market indices, and bonds (Fernando, 2021). The derivatives…

Table of Contents Selected Change Personal Roles Approach to Change Successful Completion of the Change Initiative Summary References Organizational change is a critical approach that many companies undertake to improve performance and profitability. Business leaders should be aware of the most appropriate strategies to transform their firms and engage all followers. This paper gives a…

Introduction Strategic management can be defined as either an art or science of business management strategy that helps to formulates, implement, and evaluate some specific decisions that prove very critical in reaching the organizational objectives (David, 2007). This definition, therefore, means that strategic management is a type of management inclined towards integrating management process, marking,…

ISO 9001:2000 vs. Six Sigma Originally, there are numerous examples and requirements, included in ISO 9001:2000. These criteria require any company to address the effectiveness of its quality management system. Further requirements specify the need for continual improvements to the quality management system – not just sporadic quality campaigns. The fact is that ISO 9001…

The personality of Ann Fudge can be analyzed by using the Five-Factor Model (FFM) that is often used to describe the behavior of an individual. First of all, one can say that she is open to new experiences and ideas. This is one of the reasons why she pays attention to the opinions of employees…