Decision Making

Introduction The primary obstacle to success in international marketing is a person’s self-reference criterion (SRC) in making decisions, that is, an unconscious reference to one’s own ability to assess a foreign market in its true light. Having sold a product successfully in the domestic market a firm may assume that the product will, without adaptation,…

Introduction The rapid increase in technology, economic downturn and globalization has led the businesses to reflect about their organizational goals and policies. It is of imperative importance that an organization knows where it is heading. Businesses may have cutting-edge technology, large customer base and skillful employees which are an asset for any organization but it…

Introduction The organizational culture of EZ-Pleeze has to do a lot with creativity and innovation. The firm takes pride in its ability to be in the front line as far as industry trends are concerned. In addition to this, they also do value their employees. At EZ-Pleeze, the employees are perceived to be the true…

Introduction In every company, the management engages in three levels while planning. The levels include business-level strategy, corporate level strategy, and the functional level strategy. The functional strategy serves the general company strategy for efficient and effective implementation of corporate strategy. A business strategy guides the company in achieving a specific objective or goal (Peteraf,…

Introduction LD Manager has to lead a team, as HOD in many circumstances and it is important for LD manager to revisit concept of JOB Analysis, Job Description and Job Specificaiton. Job description’s major components are accountability, reponsbility and authority. Before stepping forward, it will be important to understand difference between authority, accountability and resonsbility….

Introduction Carnival Splendor, a cruise ship owned by Carnival Corporation & plc, faced a fire crisis aboard on November 8, 2010. The cruise ship weighs 113,300 tons and has a 952-foot long behemoth. The vessel has 13 passenger decks with a total of 1503 guest staterooms. The cruise ships accommodate over 3,000 guests per voyage….

Part 1: Introduction 1.      What do you think were the root causes of Chiquita’s actions in Columbia that ultimately led to their conviction? The actions of Chiquita International emanated from several areas. First, the past of the company was a bit complicated because United Fruit Company (Chiquita’s predecessor) merged with AMK Corporation in 1970. Most…