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Michelin is considered to be one of the leading tire manufacturing companies in the world. There is no doubt that this market is quite competitive and in order for a company like Michelin to stay on top, it is important not only to produce high quality tires but to create an appeal for its products, using such marketing technology as advertising.
Recently the Michelin company introduced its brand new tires called Pilot Super Sport. These ultra-high-performance tires were designed to let the drivers feel the difference in their driving experience and improve the position in the world.
The ads can be found in a number of magazines and billboards all over the world. The advertisement like the one presented for this analysis must bear in mind the target audience that shall either consume the products from Michelin company or competitors that produce similar products. Apple Inc has been a landmark computer manufacture for about 30 years. The company has emerged as one of the well established and highly recognized corporations in computer industry and other IT related solutions Mcgirt, The giant multinational company is mostly known for its famous iPhones, iPods as well as other products such as laptops and desktop computers.
For a long time, Apple Inc. For instance, stiff competition from other players like Dell and Microsoft has been a great business challenge for the company. In addition, the company has not eluded the aftermath of recent global recession which has been felt by the majority of business organizations dealing in both goods and services.
Indeed, there is no single company in manufacture of computers that has control over new technology. Therefore, they should adapt themselves quickly as the technology changes so the company remains relevant in the market. It is unfavorable that many companies in this industry are in state of dilemma on whether to invest in traditional models such as basic computers or fully engage in newer products such as iPhones and iPods.
This paper, therefore, analyzes the strategies that have been put in place by Apple Inc. The study also proposes some of the latent yet potential strategies that can be employed by the company to improve its future economic outlook and performance. The importance of human resources has significantly increased in various organizations, all the more so in the contemporary business world that is characterized by a high level of competition.
In every organisation, human resource plays a pivotal role in determining the success of an organisation. For instance, it influences the performance of non human resources in an organisation in one way or another. For example, the machines and other equipment are controlled by people so their performance is largely determined by the human resources who direct the production process. Besides, it is necessary to pay attention to the role of human resources while implementing innovations in an organization as change has become one of the main factors that are employed in promoting competitive advantage, and the effectiveness of any modification in an organization largely depends on people.
To remove poverty in the poor countries, it has provided free food packets. Besides, the organization encourages environmental-friendly practices in its business operations by reducing, reusing, and recycling the available resources. There are separate garbage containers for collecting food residue, plastic products, paper products, and tin cans. By segregating the garbage into biodegradable and non-biodegradable waste products, the organization helps in making organic compost from biodegradable resources while recycling the non-biodegradable resources.
Despite the ongoing recession, the company has been able to stay out of financial trouble because of being prudent. There is no excessive spending and all investment related to expansion on their retail units is ceased or at least scaled back.
Wal-Mart Stores is a multinational company that operates retail stores in different set ups across the world. It operates more than retail units in 28 countries with an employment of 2.
Wal-Mart is a leader in employment opportunities, corporate philanthropy as well as sustainability. Indeed, Fortune Magazine ranked it the most admired retail company in in the top ten Wal-Mat Inc, There are three segments under which it operates. Wal-Mart US segment reported This segment operates retail stores in Puerto Rico United States. It also operates online retail stores-Wal-Mart. Wal-Mart international segment operates retail stores in 14 countries.
The segment reported The international segment manages restaurants and retail stores. Investors rely on financial statements of a company to make decisions either to invest in the company or not to invest in it. Pay incentive is a motivational feature that could be awarded in both monetary and non-monetary form and is used for the purposes of encouraging staff and employees to achieve the targets set in the workplace.
As the business environment becomes more and more competitive, higher goals are being set for employees to meet and this creates the need for managers to come up with better and more fulfilling ways of encouraging the employees to meet the set targets.
Human resource managers are constantly asking themselves what they will get by compensating employees for their performance. Payment incentives to employees come in many forms such as stock options, bonuses, extra training, performance shares, etc. Homepage Free essays spot Business and Economics. Marxist and Liberal Theories on Property Format: Business and economics Word count: View more On the one hand the world is changing radically in production of goods and services.
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