There are different leadership styles. Each style can have a unique influence on a company’s performance and effectiveness. It is because leadership styles can influence employees’ satisfaction and trust. In general, leadership styles can be divided into three major categories. They are autocratic, democratic, and laissez-faire leadership. There is no best leadership style. They all …
When it comes to emerging markets, Amazon did make several right decisions in terms of its entry strategies. Before it entered the Indian market, Amazon had nearly a decade studying Indian costumers’ preferences based on various factors (e.g., age, location, gender) through their website Junglee.com. The knowledge that Amazon gathered was useful to the company …
Export restrictions are not uncommon among countries. There are many reasons why countries may want to impose export restrictions. One of the reasons can be the difference between domestic supplies and the demands of certain goods. For instance, during the food crisis from 2007 to 2008, several developing countries imposed export restrictions on their agricultural …
Symptoms of Resistance to Change In change management, resistance to change can be visible or invisible. Higher gossip around the coffee points about the changes, lower morale, and productivity can be the signs of invisible resistance. In contrast, open debates are one obvious sign of visible resistance. A visible resistance is more beneficial to organizational …
There are a large number of interpretations of corporate social responsibility (CSR). One popular definition is that CSR as business practices that aim at social and environmental issues, including pollution, inequality, public health, etc. Companies that adopt CSR practices have higher operational performance and a greater level of sustainability. Similarly, another definition views CSR as …