Business Operations Essay Examples

The concept of Elasticity of Demand, as defined by Moffat (2010), refers to the responsiveness of demand for a product or service to changes in price. Similarly, Cross-price elasticity quantifies the proportional change in demand for one item when there is a price change in another item, according to Moffat (2010). If two items are […]

This section will discuss the evolution of blind bidding in the film industry, with a focus on its development from the Golden Age of Hollywood (1930s-1940s) to its end in early 1986. Theatre owners did not worry about blind bidding for many years because it was not the primary method used to license movies during […]

Part I 1. Introduction London-based Seatwave.com was founded in January 2006 by Joe Cohen. He is presently President and CEO whilst Mr. GED Waring is presently VP of Technology and James Hamlin is Director Online Marketing. The site has undergone uninterrupted growing since launch, and presently serves 10s of 1000s of monthly visitants. Seatwave.com is […]

I. Background of the Study A pioneer and a market leader in the online auction industry, eBay has been able to grow the business significantly in the last decade amidst turbulent times for many contemporary dotcom companies. EBay’s strategy to focus on a niche market and differentiate itself through strong brand management and continuous improvement […]

Price rise is the bane of modern world. Price of essential commodities go on rising every day despite the professed and genuine efforts of the government. The main reason of rising the price as the sky rocket is the im-maturity of the government plan and the unabated raise on the population at the alarming rate. […]

Examine how bartering is conducted online at tradeaway. com , barterquest. com , and u-exchange. com compare and contrast the functionalities and ease of use of these sites. Tradeaway. com TradeAway wants to offer you a fun and exciting way to buy, sell, or trade your personal property, cars, boats, horses, real estate, toys, and […]

eBay’s Current Strategies Instead of auctions, eBay is prioritizing fixed-price listings. They have implemented a new fee structure that reduces the cost of listing an item but increases eBay’s commission when it sells. A new search engine algorithm has been introduced, which ranks items based on price and customer satisfaction rating. No more seller feedback […]

What bugs me about this School? What really bug me in this school are the wait list and the difficulty getting class. And the price of the books and the type of food the serve and the transportation to the campus. I am having difficult to register for classes that I want I was hoping […]

Manheim business strategy is auctioning, reconditioning and processing the used vehicles by getting a fee for various processes and thereby revenue generated. They entered with Japanese automobiles as it has improved quality. They focused mainly on dealers as they are their customers. They notify the dealers about forthcoming auction including details of used cars. Before […]

The approach of a balance scorecard in achieving strategic objectives in organisation. Introduction: In current upsurge in economic condition globally brought on by competition and uncertainty, all organisations are impacted with need for changes to remain viable in performance of duties. This trend have prompt companies in adopting suitable approach which are unique to its […]

The implementation of Balanced Scorecard as a management tool is discussed by Kaplan and Norton in this article. They explain how it provides executives with a comprehensive framework to translate the strategic objectives of a company into a coherent set of performance measures. The authors believe that by solely relying on financial returns, managers will […]

How does the Balanced Scorecard approach differ from other approaches to performance measurement? The Balanced Scorecard is different from other financial performance tools because it provides a map of a business’s strategic objectives in terms of performance metrics in four different perspectives looking forward. The Balanced Scorecard maps the business’s strategic goals in terms of […]

Human Resource Management ( HRM ) is a critical portion of making and keeping an effectual organisation that is able to run into its ends and derive a competitory advantage over the competition. . HRM includes countless activities runing from enlisting to preparation and even the development of compensation systems. HRM has evolved significantly since […]

Despite potential disagreement, the progress and implementation of managerial accounting in the past three decades supports the notion that it is effective. Senior executives commonly use this phrase to suggest delegating responsibility to lower ranks and proactively monitoring business metrics, all to achieve desired objectives (Emiliani 2000). In today’s competitive information age, organizations need to […]

The Balanced Scorecard goes beyond being just a motivational tool for employees within a company. It enables businesses to improve their success by utilizing parameters inherent in day-to-day operations, which are often overlooked but form the foundation. BSC empowers companies to bring about change in specific targeted areas. As companies become more customer-focused, it is […]

The case discuses about the evaluation of performance of James McGaran, Branch Manager of Citibank in Los Angeles by his Area Manager, Lisa Johnson, and the discrepancies that crept in during the evaluation process. In the case, it can be seen how Lisa Johnson had failed to reflect some of the performances properly leading to […]

Knowledge is an important element in every individuals’ lives but most importantly to businesses to succeed in today’s economy. The successfulness of knowledge is through many strategies that involve knowledge creation, knowledge transfer and knowledge management and also by using advanced IT systems through the economic growth and change (Anantatmula and Kanungo, 2010). The purpose […]

Value based management (VBM) is a business’ strategic directive to represent the bridge between its business value and the actual work from within its business units and personnel. The VBM directive’s approach is geared toward an organizational wide step towards its stock value; the characteristics of value and how it is created and destroyed; and […]

Wal-Mart’s Customer Service Perspective Karen E. Wilkerson TUI BSBA Integrative Project BUS 499 Module 2 SLP Dr. Thurgood February 17, 2012 Wal-Mart’s Customer Service Perspective Customer service is interaction with your company’s clients. Ultimately, businesses are in business to make money; profitability cannot be achieved without customers. Customer service representatives provide much of this direct […]

To overcome the limitations to current BSC theory, this paper aims to describe main factors of each balanced scorecard BSC perspectives and investigate interrelation between them with consideration to automotive parts sector in Iran. For this aim, we analyze the relationship between various perspectives in structure of balanced scorecard and measure causal relationships between various […]

According to Kaplan R. S. & Norton D. P. (1996), the balance scorecard enhances conventional financial measures by including performance standards in three non-financial areas: customer relations, internal business processes, and learning and growth. This instrument aids companies in aligning their operations with their strategies and ensuring coordination of all business activities. The balance scorecard […]

The purpose of this paper is to introduce the “Balanced score for the balanced scorecard,” a model that serves as a benchmarking tool to evaluate a company’s achievement of strategic goals. This model incorporates concepts from Robert S. Kaplan and David P. Norton’s “Balanced scorecard” as well as suggestions from Brown P. A., Gibson D. […]