Corporate governance

What makes an effective executive by Peter Drucker. Leadership does not define the meaning of an effective executive. Harry Truman was known to be an effective executive despite lacking charisma in the history of United States. Similarly,  Drucker states that most managers are defined according to their attitudes, strengths, personalities and weaknesses; however, this attitude…

Introduction Strategic formulation is the process of determining appropriate courses of action for achieving organisational objectives and thereby accomplishing organisational purpose. In a business context, it means what are the products and services the organisation will deliver, what type of market they will entry, which capabilities are required, how will they allocate the resources, and…

Introduction Describe the principal characteristics of the Weberian “ideal type” bureaucracy. What are the roles of power and authority in this model? Discuss strengths and weaknesses of the bureaucratic form of organization. Achieving the goal is the basic purpose of every organization. The management has to plan and find the way to reach this objective….

Introduction Panera bread has been around from 1976. Ronald Shaich, CEO and chair man of Panera bread was the person who created the company together with the master baker called Shaich who combined ingredients. The duo made the phenomenal growth of the company with the guidance of Shaich, the revenue of Panera bread rose from…

Introduction Leadership approach is one of the most crucial aspects of organizations. The success of organizations is dependent largely on the type of leadership it has. Finkelstein, Hambrick & Cannella (2009) defines leadership as a type of authority due to the powers accorded to leaders in relation to their followers or subordinates. The literature on…

Introduction Marketing environment refers to the external forces and factors that affect the company’s ability to develop and maintain successful transactions and relationships with target customers. Marketing environment classified into two categories i.e. MICRO ENVIRONMENT MACRO ENVIRONMENT MICRO ENVIRONMENT The environment which is close to the company that affects, positively or negatively and it creates…

Introduction The law requires all the publicly traded corporations provide reliable information that can be used to inform investment decision making process. It is because they raise capital from the public through the sale of shares and bonds among other means. As a result, they provide a better insight in the evaluation of activities that…

Introduction Coca-Cola Company is the largest manufacturer and supplier of carbonated soft drinks. The company was invented by John Pemberton in 19th century. In 1889, Asa Candler bought the formulation and brand and later incorporated the company in 1892 (Pendergrast, 2013). The company began manufacturing of it bottle in 1916 that has since remained the…

Introduction The democratic leadership style is a very open and collegial style of running a team. Ideas move freely amongst the group and are discussed openly. Everyone is given a seat at the table, and discussion is relatively free-flowing. This style is needed in dynamic and rapidly changing environments where very little can be taken…

Introduction Since the 1950s, corporate social responsibility (CSR) has been an important requirement for any industry. However, its use and importance was widely applied much later. In the modern times, the definition given to CSR was developed by Archie Carroll in the Pyramid of Corporate Social Responsibility. According to Carroll, there are four types of…