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INTRODUCTION
The Hudson’s Bay Company is the oldest incorporated merchandising company in the world. The Bay has remained in business in North America after its incorporation on May 2, 1670 by the Royal Charter. The official title of the company is, “The Governor and Company of Adventurers of England trading into Hudson’s Bay”. This title is usually shortened to “Hudson’s Bay Company” or, just “the Bay.
I was attracted to the Hudson’s Bay Company because firstly, I am frequently shop at the Bay. As a result of this, I would like to show the pride and respect I have for this successful company and its great history. Secondly, I have easy access to the information required to complete this independent study. Lastly, as I am not an expert when it comes to the operations of the company, this independent study will enable me to achieve a deeper understanding of management, and how it affects me.
I utilized a number of resources in order to create this report. The resources are: Hudson’s Bay Company Annual Repoorts of 1996, 1997, 1998, Employee Training handbook, the Internet, and magazines. I combined these resources to produce a very informative report on the Hudson’s Bayu Company. In addition to this, the resources I used gave me a chance to cover many aspects and areas of this corporation. The topics covered in this report are: Company Profile, Human Resources, Customer Services, Organization, and Community Involvement.
I included these types of information to give you, the reader, a deep interpretation of the Hudson’s Bay Company.
To understand how the Hudson’s Bay Company (HBC) became the corporation it is today, a brief history is needed to gain some background knowledge. In the Bay’s first century of existence, it created forts on the Hudson Bay and traded furs to the Native Peoples. In the Bay’s second century, competition from the North West Company was acknowledged and responded to. This total time period of 200 years assisted in the discovery of Canada. In 1821, the two competitors merged under the name of Hudson’s Bay.
In the twentieth century, HBC began to concentrate on retailing which is it’s primary activity today. Between 1913 and 1968, HBC made downtown department stores in the major cities of western Canada. As time rolled along, the Bay moved into eastern Canada and the suburbs of major Canadian cities.
...han a mercantile operation. This is evident through the rise of competition in the market, which prompted HBC to change to a corporative framework to carry out its operations. Furthermore, decreasing demand and supply of fur was weakening HBC. Focusing on other goods, rather than fur indicated that the company was reforming from its mercantile philosophy and exploiting other markets through a corporative framework. Lastly, the mercantile management was another declining factor to HBC’s operations. Leaders like George Simpson advocated a corporate management style so that it does not contradict with current Canadian economic environment. On the whole, it was important for HBC to transition to a complex corporate framework in order to survive through the transition. This transition initially progressed Canada towards the confederation and made its own stand globally.
It is the oldest venture in Canada and it inspired many by its dominance in the fur trading industry during its early years. They equipped their own armies, minted their own coins and even issued their own medals. The company had controlled fully one-third of present-day Canadian territory and was thought by many to be a kingdom by itself in the fur industry. They had trading posts from the very north Arctic Ocean to Hawaii and as far south as San Francisco. HBC's revenue didn't simply generate from this one-way trade in furs to Europe.
The Earl of Selkirk, Thomas Douglas, bought the Hudson Bay Company in 1811 and was
Santa Catalina Island, often known as Catalina Island, is located off the coast of Southern California, southwest of Los Angeles. Catalina Island forms part of the Channel Islands archipelago. Catalina is the only island, out of eight, that has been significantly developed. There are two major settlement location within the island - the city of Avalon and the unincorporated town of Two Harbors (“Visit Catalina Island,” 2014). Beyond the town boundaries the island is covered by wild life that it is owned and operated by the Catalina Island Conservancy ("The Official Catalina Island Website,” 2013).
Canadian history has shaped Canada's future for centuries now. Without the great explorers of their time, and maybe even our time, provinces and territories, gulfs, bays, rivers and land would be lost and undiscovered for many years. Our great country can thank many brave and brilliant explorers and their crew, for founding our name, and creating such an amazing land. Jacques Cartier, John Cabot and Henry Hudson, all managed to explore much of Canada. Through discovering the islands of Newfoundland, and Prince Edward Island to locating the Hudson Bay, these 3 explores endure Canada's harsh winters, famine, scurvy and much more, to begin the great discover of all of Canada.
The Dayton’s are credited with the operation of a variety of retail stores including; Marshall Fields, Mervyn’s and of course Target. The new millennium proved Target to be the leading runner in sales for the Dayton Corporation, accounting for roughly 80% of total company sales. It was in 2000 that Dayton Hudson renamed itself the Target Corporation, taking the name of it’s’ most prized possession. Today, Target Corporation is focused solely upon its Target stores.
Holt Renfrew, known today as Canada’s elite high end retailer started out as a simple hat and fur shop in 1837 Quebec City. Offering top quality cosmetic brands and fashion designers, both local and imported (Prada, Gucci, Armani, etc.) , Holt Renfrew provides a uniquely upscale shopping experience for both Canadian men and women. Operating ten stores in Canada, Holt Renfrew offers everything from classics to the most current trends in fashion. Holt Renfrew’s main customer base is high end.
In this assignment, both control in the workplace and work satisfaction dimensions will be analysed at length. Relating them both to the case study of the Sports Direct Company and other relevant organisational theories; such as scientific management. Sports Direct was founded in 1982 by Michael Ashley in Maidenhead. In 18 years, ‘Mike’ Ashley expanded internationally opening stores in Belgium, and just seven years later listed his company on the London stock exchange. It was that listing that really kick-started Sports Directs’ exponential growth. 2 years later in 2009, Sports Direct established market leadership after their sales exceeded £1.0bn (Sports Direct, no date given). This information presents Mike Ashley as an entrepreneurial genius,
Montgomery Ward is the name of two generally unique American retail ventures. It can allude either to the outdated mail request and retail chain retailer which worked between 1872 and 2000 or to the first name of the online retailer presently known as Wards. Industry specialists said Montgomery Ward, the 128-year-old retailer that as of late published its end, was the cause all its own problems and was unable to rival other immediate advertising monsters. After the organization affirmed the end of 250 stores and 10 conveyance focuses on Dec. 28, immediate advertising specialists and experts said they were not astounded when the end came. Montgomery Ward, which started list shopping, was described as having neglected to stay aware of the evolving times. It couldn't create a procedure to contend with new confronted organizations, for example, Target Corp, Wal-Mart Stores Inc. what's more other mid-range claim to fame stores that cut into its business.
CEO Johnston also has plans to bolster the company’s leadership with the best minds available and also use motivational techniques to invigorate his employees. These ideas show the character of the CEO in enhancing productivity from his work force.
Robbins, S.P., DeCenzo, D.A., & Coulter, M. (2013). Fundamentals of management (8th ed.). Upper Saddle River, NJ: Prentice Hall.
The three main groups of people involved in this issue was Québec Hydro, the Cree people, And Inuit people. Québec Hydro’s point of view was that they could make a lot of money off of the Great Whale River because it flowed so quickly and had so many places dammed. The Cree peoples and Inuit people’s point of view was that the teams Bay project with such an environmental disaster that they couldn’t see the happened to the Great whale River. The ...
Robbins, S., Bergman, R., Stagg, I., Coulter, M. (2000), Management, Prentice-Hall Australia Pty Ltd, Sydney.
Robbins, Stephen P., David A. DeCenzo, and Mary K. Coulter. Fundamentals of Management: Essential Concepts and Applications. 7th ed. Upper Saddle River, NJ:
There are a number of differences between FMC’s Aberdeen and Green River, the two facilities of discussion. One may assume, therefore, that managerial styles, business practices, and other aspects of business and the employees involved, would be very different from one another. On the other hand, it is quite possible to use very similar styles of doing business and managing a company, despite differences in the company, as a good style of managing, and good practices would assist any business in succeeding. Management, employees and productivity being the main focuses at hand, one may first want to review these differences between the two facilities. To begin with, the facility in Aberdeen employs 100 people, while the Green River plant maintains 1150, and while Green River produces over 100 goods, and distributes world wide, the Aberdeen plant has only one product, and one customer. The two plants were very different in age and industry as well, with Green River as an older company in the chemical industry, and Aberdeen, a five year old “start up” company in the defense industry.