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What is Companies?

Companies sit at the center of business education because they serve as the primary unit of analysis for understanding how markets, management, and economies function. Courses in business administration, organizational behavior, international business, and human resources all use the firm as a starting point for examining broader questions about competition, labor, strategy, and social responsibility. What makes companies academically interesting is their dual role as economic actors and social institutions — they generate products and profit while also shaping employment, culture, and public policy in significant ways.

Student papers on this topic approach companies from a wide range of angles. Some take a case-study format, examining specific organizations and markets, such as direct foreign investment decisions or the entry of Ford and General Motors into the Russian market. Others focus on functional areas like global human resources management, training and development practices, and quality management's effect on domestic and global competition. Policy-oriented papers address issues such as job outsourcing and its effects on the U.S. labor market, while ethics-focused essays examine corporate social responsibility and global sociocultural obligations. Leadership analysis also appears, looking at what makes executives effective in complex organizational settings.

A strong essay on companies should establish a focused thesis tied to a specific business function, market condition, or organizational challenge rather than attempting to describe a company in general terms. Evidence drawn from industry data, financial performance, or documented management practices carries the most weight. The most common pitfall is treating a company as a background subject rather than a lens — the firm should be used to illuminate a larger argument about markets, organizations, or strategy.

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Paper Undergraduate
Tarp and American Auto Companies
Of the $1.1 trillion in authorized bailout funds for financial firms and banks ($700 billion Troubled Asset Relief Program (TARP) and $400 billion for Fannie and Freddie) over $450 billion is still uncommitted and…
Paper Masters
WSJ the Wall Street Journal:
The Wall Street Journal: A $45 billion tax shelter for General Motors
Paper Undergraduate
Product Introductions Developing and Launching
Developing and Launching new Products into Global Economies
Paper Doctorate
Xiameter Case Analysis Advantages of Needs-Based vs.
Xiameter's success as a subsidiary of Dow Corning is predicated on the successful differentiation of an entirely new business unit based on the concept of reducing operating expenses and passing on the savings to the customer. The Web-only, highly automated approach to order fulfillment, complemented by a reduced product lien footprint and terms of sale that stressed velocity over complexity were also what many customers of the company were looking for (Bloemhard, 2012). Where Dow Corning succeeded and others have failed with e-commerce strategies revolved around the key factors and decisions that shaped the business model and marketing strategy for Xiameter. The advantages of needs-based versus end-user based segmentation are evident in the success of the Xiameter e-commerce strategy. These advantages o being needs-based are analyzed in this paper as well. The rapidly changing nature of the competitive environment is also discussed in the context of Xiameter's product and pricing strategies. These specific aspects of product and pricing are evaluated in the context of Ron Fillmore's greatest question in the case, which is whether the company should modify its business model or not. This analysis concludes with a series of recommendations and advice for Rom Fillmore as to the future direction of Xiameter. He has ample reason to be optimistic as the case alludes to, as the future of chemical purchasing will increasingly be mobility-based, a perfect transition for Xiameter to selling on smartphones and tablet PCs including the best-selling Apple iPad (Bloemhard, 2012). All of these factors speak to the efficiency of innovation processes within Dow Corning and the exceptional level of upper management support for the innovation process (Bacheldor, 2005). The determination and support shown by the CEO and senior management team are pivotal in the success of Xiameter. Analysis of Key Factors and Decisions that Shaped the Business Model and Marketing Strategy Galvanizing all aspects of success of the Xiameter business unit and its many implications on the Dow Corning supply chain, pricing, distribution, selling and service is the steadfast support of its senior management team. Making it clear that Xiameter was not to be taken lightly and the company would not fail, the CEO set a very solid foundation of change management early in the process. This commitment took even the most difficult factors and decisions and put them into a context of achievable challenges, defining a tone of determined effort. The decision to move forward with the Xiameter was extremely risky as Dow Corning was departing from its core strengths of a high service-based, high priced model of delivery of products. Dow Corning at the corporate level has long been seen as a trusted advisor in the chemicals industry, one capable of leading innovation and adoption within any new product area (Hunter, 2002). The decision to move quickly into a price-drive marketplace, supported by senior management, signaled that the top leaders of the company from the CEO down realized that pricing pressure and competitive threats were successfully attacking their core business and they would need to address it.
Essay Doctorate
Strategic Value of Business Intelligence: Lessons Learned
Analytics and Business Intelligence (BI) have the potential to completely redefine and make more customer-centric any enterprise. The tendency to celebrate technology alone is however short-sighted and lacks awareness of the broader, more strategic issues that surround successful BI and analytics implementations. This is an area of software where the ability to analyze terabytes of data very quickly while also testing hypotheses and evaluating trends can become more of a focus that using these systems for accomplishing strategies and long-term objectives (Todd, 2010). The ability to integrate analytics and Bi into an organization is predicated on having a very clear vision and mission for how a specific BI and analytics application or platform will be used to accelerate an enterprise to its objectives. The foundational elements of change management strategies must be in place as well, as the systems must reflect user needs, preferences and be integral to their roles if the overall system is to achieve its full potential (Todd, 2010). Case studies often provide a useful framework for evaluating how enterprises are getting the greatest value from their BI and analytics investments. Two case studies form the foundation of this analysis, the first detailing Exclusive Resorts, LLC and the second, Marshfield Clinic. Both of these case studies illustrate how critical it is to have a balance of technical and sociotechnical systems design and change management included in the development of any BI and analytics application. The intent of this analysis is to evaluate the lessons learned and potential for improvement in both case studies cited, including the need to continually stay vigilant to the needs of those the system was developed and designed for. One of the most fundamental best practices of effective BI and analytics implementations is the development of change management programs and frameworks well in advance of software being customized and implemented (Ghosh, Scott, 2011). The more effective a given change management strategy and program is, the greater the level of ownership a given enterprise system gains during the initial design and implementation phases of development (Todd, 2010). When this occurs the eventual launch of a new BI or analytics systems can attain an 80% or greater adoption rate globally (Ghosh, Scott, 2011). When systems reach this level of adoption, they have the potential to completely re-define the financial and operational performance of an enterprise. Both Exclusive Resorts, LLC and Marshfield Clinic have been able to attain this level of change management as can be seen in how effective their respective BI and analytics systems are in improving the performance of their businesses. As can be seen from both case studies, both have a very high level of authenticity and transparency associated with them, that leads to a correspondingly higher level of trust and adoption by associates in each company (Todd, 2010). Both Exclusive Resorts, LLC and Marshfield Clinic have been able to attain such remarkable success with their BI and analytics applications by concentrating on authenticity, transparency and trust, all powerful catalyst that drive up system adoption and in turn allow these powerful systems to deliver greater results than would have been possible without the sociotechnical change that occurred. The case studies are, in reality, as much about how to manage rapid and significant change as they about the technologies involved in these applications as wlel. With the reduction in fear regarding their jobs, the employees at Exclusive Resorts, LLC are able to use these technologies to better understand customers and improve satisfaction and loyalty. The intelligence gained from using analytics systems at Marshfield Clinic has the potential to save lives. Both transformations of these businesses started at the associate level, with highly effective use of change management strategies and the ability to manage sociotechnical systems to customer needs effectively.
Paper Undergraduate
United States Has the Most
Interestingly enough, the United States "has the most expensive healthcare system in the world, [yet] 47 million Americans have no health insurance. Healthcare is the country's largest economic sector…. Four times larger than national defense… yet millions cannot afford to take care of their health needs". Despite being an international leader in science and technology, what has happened to the entire healthcare system in America? Fifteen years ago the subject was at the forefront of the new Clinton Administrator, but now, despite technological advances and increased modernization, America finds hospital emergency rooms stretched far beyond any reasonable capacity, the inability for many doctors to afford adequate malpractice insurance, costs for procedures escalating.
Essay Doctorate
GE Jack Welch GE Has Been Able
GE has been able to pursue unrelated diversification for a few reasons. Most important is that the corporate level contribution has been limited to management practice. GE contributed systems to its subsidiaries, but…
Essay Doctorate
Comparison of NYSE and Nasdaq stock exchange characteristics and metrics
Generally speaking, and with many notable exceptions, the fundamental difference between the companies listed and traded on the New York Stock Exchange and the NASDAQ is that the NASDAQ is home to many technology firms…
Essay Doctorate
Just-in-time systems and lean processing in managerial decision making
How does JIT and lean processing affect managerial decision-making in that organization?
Research Paper Undergraduate
Vmware in Recent Years, There
In recent years, there has been rapid growth as it relates to computer technology and the software and hardware available to consumers. VMware is one of the technologies that have grown in popularity over the last few…