Abu Dhabi National Oil Company

Abu Dhabi National Oil Company (ADNOC) belongs to the largest Emirate of Abu Dhabi, which is also the capital of UAE. It came into existence soon after the independence of UAE (1971), by then it has been serving honestly. ADNOC is not only the largest oil company in the UAE but also ranks among the top 10 in the world. The structure of ADNOC centers on it being the parent company having three more companies under its shelter with 17 subsidiary companies that serve in efficient way. ADNOC is fully occupied by the government and acts on its policies. It has several fuel stations and drilled mach ...

A Plan for Sunshine Cafe

This paper outlines an eight stage plan that will enable sunshine cafe promote its brand and increase walk in business. Situation analysis Sunshine cafe is a leading beverages cafe specializing in coffee and it has a chain of coffee houses. The cafe targets the middle class and thus its coffee houses are strategically located in towns. The cafe relies on good reputation as its major tool of advertisement. The cafe has an efficient management that allows close correspondence among the coffee stores. Objective The objective of the cafe is to enlarge its current market without deviating from the ...

A Degree of Uncertainty

Probability is a concept that tries to explain the relative possibility of the occurrence of an event. It is expressed as a fraction or a ratio of actual occurrences to the total number of occurrences. It can be calculated using experimentation or with the help of theoretical concepts. Probability is an aspect applied successfully by both scholars and theorists over the years. Probability concepts simply refer to the statistical approaches used by the business managers and owners in decision making. In any business field, mathematical formulas or models are applied in determining the probabili ...

A Business Memorandum

We are in the era where the organizations are the most inventive social arrangement of our age and of civilization. It will be spectacle to know that hundred of thousand of people with highly individualized background, skills and interests are coordinated in various corporations to pursue common goals (Erich A. Helfert 2001, p.78). Organizations are being formed for a specific purpose to earn profit and increase shareholder’s equity. According to a large school of thoughts, doing business it is not difficult but to maintain its productivity and profit maximization potential is difficult indeed ...

7-Eleven

The year 1927 represents the period when one of the most reputable organizations to date; namely 7-Eleven was founded in Dallas, Texas. However, the firm was initially known as Southland Ice Company until 1946 when its name changed to 7-Eleven. It is of significance to mention that one of the prime reasons that contributed to the name change was due to the fact they would open every day from 7 a.m. to 11 p.m. in several cities of the United States in 1950’s. According to further observations, they realized that close to 10 million people were normally awake past those hours with 7 million of t ...

7 Deadly Sins of Outsourcing

Outsourcing is often seen as an efficient way of improving business performance, decreasing costs, and changing the main focus of a company. Nowadays, it is commonly applied in various companies all over the world, although even such an appealing concept has its downsides. The most common mistakes that lead to a failure of outsourcing have been highlighted and explained in the article by Jerome Barthelemy “The seven deadly sins of outsourcing”. Thus, the aim of this paper is to explore the reasons for unsuccessful outsourcing from the article in order to understand the best ways of applying th ...

5 Reasons Why Businesses Fail

Statistics show that only in the U.S. more than half of newly created small businesses cease to exist in the first few years. Of course, these data are quite capable to scare even the most confident. However, it should not be forgotten that the majority of such failures are very similar. Therefore, this paper is aimed to discuss five major reasons of businesses failures, because it is rather necessary to understand them in order to avoid similar hindrances while conducting their own business. Main Reasons Why Business Fails The first one is related to the ignorance of the competition. In recen ...

2008: What Happened?

The economic life of any society is organized in a certain way. On the brink of the second and third millennia the world is changing rapidly. All spheres of public life are filling with new content. Regarding the notions of “innovation”, “regulation” and “crisis”, it should be mentioned, that they are connected in some way. There must be a balance between the first two of them, as the most prominent economists say. To begin with, innovation is the process of development, implementation and operation of industrial, economic, social and organizational capacity. According to A. Rickne and Laestad ...

1995 Auto

1995 Auto Corp recently has been experiencing a trend in employee and labor relations issues of which they are highly concerned with the maintenance of a drug-free workplace. In connection to this point, the problem seemingly stems from one common point of which it is the general requirement for more definitive policies and probably procedures. In actual sense, employee and labor relations are the two issues that have brought about the differences realized. So to speak, there have been complains regarding the unfair treatment that the employees receive from the managers. Together with these, c ...