Category: Business

A discussion of the supression of guilt in “Fifth Business” by Robertson Davies. Guilt can only be suppressed for a limited time before it comes out in unwanted ways. In the novel Fifth Business by Robertson Davies, Boy Staunton -a successful business man with a polished appearance but a tortured soul- took the ultimate plunge…

Tesla Motors, Inc. is an American company that was established in 2003. The driving concept behind the venture was proving electric cars could be a feasible replacement of the gas powered automobiles without compromising convenience, performance or high-end. Apart from the core function of developing and producing electric vehicles, Tesla also supplies advance electric automobile…

Introduction Scientific management may be described as science where workers have specific but different responsibilities. It is one of the first notable paradigm shifts in management style in the 20th century. The main objectives of scientific management can be described as follows: The development of a new mechanism for each part of a job replacing…

It should be stressed from the beginning that purchasing and supply management is executed as an integrated part of the company’s wider management (as part of the logistics management or supply chain management approach). Getting and supply PLANNING is part of the firm’s basic preparation, generally because the constant supply of raw materials components &…

Justin Kealey, Certified Public Accountant, is auditing Tustin Companies, Inc. Kealey has actually collected known and likely misstatements for the present year to evaluate whether there is a sufficiently low threat of product misstatement of the financial declarations to provide an opinion. Nevertheless, Kealey notes that there are several misstatements that have been carried over…

I agree with the statement that “Human Resource is the most important asset of an organization.” Human resource is “the set of individuals who make up the workforce of an organization, business sector or an economy.” (“Human resource definition”). Human resource is the least mobile of the four factors of production, which are resources required…

Introduction A business partnership is an alliance of two or more parties that take on in a business venture in which the earnings and losses are divided equally. The legal description of a partnership business is an alliance of two or more people to collaborate as co-owners of a company for income. The formation of…

Theoretical Background A boundaryless organization is a modern approach in organization design. It is an organization that is not defined by, or limited to, the horizontal, vertical, or external boundaries imposed by a predefined or traditional structure. This term was coined by former General Electric chairman Jack Welch because he wanted to eliminate vertical and…

1. What is total quality management 1.1 Total 1.2 Quality 1.3 Management 2. Primary elements of Total Quality Management 2.1.Commitment 2.2.Control 2.3.Customer focus 2.4.Communication 2.5. Continuous improvement 2.6.Cooperation 3. How information system improved Total Quality Management 3.1 Reduced cycle time and simplify the process 3.2 Benchmark 3.3 Use customer demands 3.4 ABSTRACT In recent years,…

Introduction Organizations should always adapt to a changing environment. The business environment is characterized by a number of changes which are a result of many factors, both external and internal. Nature is continuously changing and adapting. According to the complex adaptive systems theory, organizations must keep on revising their goals to come up with something…