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Thirty years ago a Fortune 500 .S. company would develop strategies with a focus on capital projects located primarily in this country. With the rise of globalization however, companies must now incorporate multi-country initiatives to take advantage of opportunities in revenue growth as well as cost savings. Evaluating capital investment opportunities can take a myriad of forms: return on investment, service price of capital, payback period, return on capital, return on equity, and internal rate of return. Of these options; return on capital, return on equity, and internal rate of return provide "well-known and trusted benchmarks used by investors and institutions to decide between competing investment options" (Investopedia. Return on Equity vs. Return on Capital N.D.)
Return on equity and return on capital have a commonality to them and describe "how much earnings a company can generate from assets" (Investopedia, N.D.). "Return on equity measures a company's profit…
Understanding internal rate of return first depends on comprehension of the concept of net present value. Net present value "compares the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account" (Investopedia. Net Present Value N.D.). Net present value "involves calculating the present value of future expected cash flows from an investment using the company's cost of capital or discount rate" (Marshall, D. & McManus, W. 1996). The discount rate may also be thought of as the hurdle rate "because it represents the minimum rate of return required for an investment to yield a positive net present value" (Marshall, D. & McManus, W. 1996). An investment which yields a positive net present value is likely a capital project that a company will choose to fund.
The internal rate of return of a capital project is "the actual rate of return that will be earned by the proposed investment, and is the discount rate at which the present value of cash flows is equal to zero" (Marshall, D. & McManus, W. 1996). The IRR which is calculated is compared to the firm's discount rate, and if it exceeds this hurdle rate the proposed investment would be considered desirable. An IRR less than the hurdle rate would not be a recommended investment. As an example, assume a company has a cost of capital of 16%, if a future stream of earnings at that discount rate had a net present value of 1,000,000 dollars, then the IRR must exceed 16%. At some point the net present value will equal zero and that is the IRR.
Firms will utilize net present value, internal rate of return, and return on equity in evaluating their capital budgeting decisions. Procter & Gamble and Kimberly Clark respectively 22 and 126 on the Fortune 500 list are the two largest global consumer product companies (CNNMoney.com.2010). These firms have operations strategically placed around the world to maximize revenue generation and realize cost saving advantages. When considering an overseas investment the IRR and ROE calculations can be particularly useful. The cost of capital or hurdle rate for a project in Africa may be
The History, Operations, and Structure of Mattel, Inc.
Founded by uth and Elliot Handler and Harold ("Matt") Matson in 1945, Mattel, Inc. has grown from its origins as a humble picture-frame manufacturer operated from a garage to become one of the world's leading manufacturers and distributors of toy products (About Us, 2004). This paper provides an overview of the history, operations and structure of Mattel, Inc. today, followed by a summary of the research in the conclusion.
(hereinafter "Mattel"). The company's portfolio of brands and products are grouped in the following categories:
Mattel. The company's brands in this segment include Barbie (which includes Barbie fashion dolls and accessories); Other Girls Brands (which includes Polly Pocket! And ello); Wheels (which includes Hot Wheels, Matchbox and Tyco /C vehicles and playsets), and Entertainment (which includes Nickelodeon, Harry Potter, Yu-Gi-Oh!, He-Man and Masters of the Universe, Batman, Justice League, and games…
About Us. (2004). Mattel, Inc. Available: http://mattel.com/about_us/history/default.asp ?
Dubin, S.C. (1999). Who's That Girl? The World of Barbie Deconstructed. In The Barbie
chronicles, A living doll turns forty. Yona Zeldis McDonough (ed). New York: Simon &Schuster.
Fortune and Machiavelli
Fortune in the Prince
During the Medieval and Renaissance periods political theorists often wrote books which were intended to be used as instructions for the rulers of the time. This was referred to as the "mirror of princes" technique, and the most famous of these instructional manuals was written by Niccolo Machiavelli and called The Prince. Although some versions of this book were around as early as 1513, the official printed version of his book actually was published in 1532, some time after the author's death. In his book The Prince, Macchiavelli discussed everything a ruler should know from how to gain and keep power to the qualities which make for a good prince. The author even discussed the concept of fortune, or luck, and how it should be dealt with by a prince. Fortune, according to Macchiavelli, was a real force of nature which a prince…
Machiavelli, Niccolo. "The Prince." The Project Gutenberg. Trans. W.K. Marriott. 11 Feb. 2006. Web 7 May 2011.
Fortune 500 Company Analysis
Wal-Mart is the number one retailer in the world in both sales and earnings, dwarfing many of its retail competitors. It offers a full assortment of products ranging from clothing to electronics. It currently has 6000 locations predominately within the United States with over $312.4 Billion in net sales during 2006. In addition to its strong domestic presence, Wal-Mart has expanded aggressively to Canada, Mexico, and Puerto Rico with over 1000 locations within those countries. This expansion can potentially create greater economies of scale for Wal-Mart services and merchandise. The synergies created by expansion will also drive profitability in the future by providing goods and services at even lower costs to consumers. In order to enter foreign markets successful, Wal-Mart engages in both joint ventures and acquisitions. By utilizing this method, Wal-Mart intends to leverage foreign retailer's market knowledge with its own core competencies of merchandising…
Fortune 500 Company: Wal-Mart
Wal-Mart is known as a "super store" and a place to engage in one-stop shopping for the home and individual. For example, the store sells groceries and pet supplies, health and beauty items, crafts and school supplies, home repair tools and products, electronics, furniture for the home and yard, health and beauty supplies and has an in-store pharmacy, among many other products. However, the perspective of Sam Walton might be slightly different. Sam Walton might feel as though the goal and overall objective of Wal-Mart is to give the customer exactly what they want. As Walton said, "The secret of successful retailing is to give your customers what they want. And really, if you think about it from your point-of-view as a customer, you want everything: a wide assortment of good-quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly, knowledgeable service; convenient…
Bangs, D. (2002). Market Planning Guide. New York: Dearborn Publishing.
Hollis, N. (2008). The Global Brand: How to Create and Develop Lasting Brand Value in the World. New York: The Global Brand.
Walmart.com. (2012). Sam Waltom. Retrieved from Walmart.com: http://corporate.walmart.com/our-story/heritage/sam-walton
fortune 500 Co.
The company that I am writing about is Starbucks. This company operates in the quick service restaurant industry. With $14.89 billion in systemwide global sales, Starbucks is the #3 firm in the industry and by far the number one with a coffee focus (Oches, 2012). According to the company's most recent annual report, the United States has 62% of stores, but they have recorded double digit growth in Asia for 11 consecutive quarters. Other major markets for the company are Canada, the UK, Japan and China. The company also has licensed beverages, which are available in more stores than there are Starbucks shops, and furthermore they source their key ingredient in at least a dozen other countries where they have no retail operations.
Starbucks was founded in 1971 in Seattle. In 1982, Howard Schultz, an coffee equipment sales person, visited the shop and decided to join…
Ahrens, F. (2009). Starbucks closing 300 stores, laying off nearly 7000. Washington Post. Retrieved January 19, 2014 from http://voices.washingtonpost.com/economy-watch/2009/01/starbucks_closing_hundreds_of.html
Boyle, M. (2013). Starbucks pays $15.4 million UK corporation tax amid backlash. Bloomberg. Retrieved January 19, 2014 from http://www.bloomberg.com/news/2013-06-24/starbucks-pays-15-4-million-u-k-corporation-tax-amid-backlash.html
Harrison, V. (2013). Starbucks in hot water over China prices. CNN Money. Retrieved January 19, 2014 from http://money.cnn.com/2013/10/21/news/companies/starbucks-china-pricing/
Mead, C. (2013). Starbucks raises $750 million with bond sale after settlement. Bloomberg. Retrieved January 19, 2014 from http://www.bloomberg.com/news/2013-12-02/starbucks-said-to-plan-750-million-bond-sale-after-settlement.html
Fortune 500 Company Analysis
In a capitalistic society such as America, business is very important in regards to the countries overall prosperity. Business is the driver of innovation, employment, cash inflows and a higher quality of life for all stakeholders involved. In this coming election year, employment and business is of particular interest to both political parties. Both parties realize the importance of business in regards to the growth of America. Both large and small businesses will be critical to this growth. The opportunities that are presented to both these segments will be important as the country continues to innovate and grow.
To begin, what is considered, "small" in regards to business? The Small Business Administration has established two widely used size standards which include 500 employees for most manufacturing and mining industries and $7.0 million in average annual receipts for most nonmanufacturing industries. However, many exceptions exist. Below are…
1) "Small Business and Local Preference Program." Metro. Washington Metro Area Transit Authority. Web. 27 Apr. 2012. .
2) Birch, D. (1979). The job generation process. Unpublished Report, Massachusetts Institute of Technology, prepared for the Economic Development Administration of the U.S. Department of Commerce, Washington D.C.
3) Birch, David (1987), Job Creation in America, How our smallest companies put the most people to work, The Free Press, New York
4) Edmiston, Kelly. "The Role of Small and Large Businesses in Economic Development." Economic Review 1 (2010): 1-93. KansasCityFed.org. Web. 25 Oct. 2011.
Fortunes of Beauty
Daniel Defoe's Roxana, or the Fortunate Mistress is an analysis of beauty on many different levels. Most importantly, it is a look at how closely a real woman can compare to an ideal. Throughout much of Western History, notions of beauty have been intimately connected with a whole series of particular characteristics. These qualities transcend the merely physical. A Greek statue is a beautiful work of art -- it is flawlessly executed, has perfect proportions, and -- in the case of the true Classical masterpiece -- stands entirely alone; a self-contained image of virtue captured and immobilized. The viewer reacts to not only the physical perfection of the work of art, but even more powerfully, to the inner emotions that the work inspires. Curiously enough, these inner feelings are, in a way, not emotional at all. The Greek ideal of beauty is entirely rational, even mechanical. One…
In terms of working in a Web 2.0 start-up, it appears the best ones are those that compliment existing business processes including transaction management. The author points out that these Web 3.0 start-ups are much more attuned to unmet business process needs and therefore stand a better chance to surviving and growing in the midst of challenging economic times. The conversational nature of Twitter, the threading of conversations on FriendFeed and the Facebook and MySpace approaches to defining relationships still defies monetization. For this reason alone it would be best to seek employment and begin a career with a Web 3.0 company is focused not on enabling collaboration so much as they need to be focused on how to meet unmet needs and deliver value over the long-term.
Jessi Hempel (2009, January). Web 2.0 Is So Over. Welcome to Web 3.0. Fortune, 159(1), 36. etrieved January 30, 2009, from…
Jessi Hempel (2009, January). Web 2.0 Is So Over. Welcome to Web 3.0. Fortune, 159(1), 36. Retrieved January 30, 2009, from ABI/INFORM Global database. (Document ID: 1622579851). Accessed from the Internet on January 31, 2009 from location:
Business Data Analysis
Tabel 1.0: data concerning the 30 fastest -- growing companies as listed on March 16, 2005, on the Fortune magazine website
New Century Financial
Central European Distribution
National Medical Health Card Sys
Friedman Billing Ramsey Group
Sanders Morris Harris Group
United PanAm Financial
Capital Title Group
Fidelity National Financial
Source: Fortune magazine website
1. Develop a stem-and-leaf display of the revenue growth percentages for the 30 fastest-growing companies and describe the shape of the distribution.
Boeing to Pieces, Fortune writer, Jerry Useem, focuses on the crisis at once the world largest manufacturer of commercial jetliners and the biggest U.S. defense contractor, which had led the company into a nightmarish situation. Boeing that was undoubtedly the leader in its field is now suffering from declining profits while its leadership ethics are being questioned by the public and other stakeholders. How did a company that never had any serious rivals for a ling time suddenly became a vague entity and is positioned very low in the professional ethics index. These are some of the questions that Useem tries to answer by focusing on Boeing's recent history and Philip Condit's seven-year tumultuous reign. After reading the article, it becomes absolutely clear that Boeing did not suffer because of European Airbus or because of diversification, but the real problem existed at the top. Boeing suffered from poor leadership, which…
Philip Kotler, Marketing Management, 11th edition, Northwestern University, Prentice Hall, 2003
Thirdly I would want to know about his or her motivation and drive. Is it money you are after? There should be some evidence in his or her background as to how motivated the person is towards career goals and overall executive success. The fourth most important thing for a candidate to show would be conscientiousness. There should be proof of a candidate's conscientiousness in the materials presented prior to the interview. Once those four general categories have been covered, there are specific personality characteristics that foreshadow a person's drive and character. Interview techniques should be geared around a grasp of the candidate's personality. After that, a candidate's health history is germane to the application, and also, how quickly does he or she learn new tasks? What knowledge does he or…
fter all, Nevada -- especially Clark County -- experienced astronomical growth during the good years preceding the crisis, and the correction during the current lean years will necessarily be of the same proportions. Still, the article makes it clear that things will not be looking up for Nevada -- or the rest of the country of which Nevada is currently a good indicator -- for some time. Other issues complicating Nevada's recovery are detailed, such as a diversifying population with different needs and political demands, and the increasing face of lawlessness that the state and its central city promotes (such as in the "what happens in Vegas stays in Vegas" campaign) which dissuades some potential businesses from moving to the state. In general, however, this article focuses on the numbers of the situation, and does an excellent job of detailing the causes of the current financial meltdown.
Economist. (2009). "Wheel…
According to this article in the Economist's February 5th print edition, fewer American states are suffering more than Nevada, and that is largely due to the fact that Nevada was archetypal in the causes of the current financial crisis (Economist, 2009). Heavy development of both casinos and large, expensive homes in the suburban areas of Las Vegas was fueled in the past few years by cheap credit and the misguided belief that the good times could never end -- a belief that seems to accompany every economic bubble (Economist, 2009). Not surprisingly, reality disagreed with the belief of the developers and their investors; Clark County, which contains Las Vegas and 70% of Nevada's population, suffered one of the highest home foreclosure rates in the country during 2008. As part of the fallout, home prices in the area have fallen by over forty-one percent, and still show no signs of stabilizing anytime soon (Economist, 2009).
Many in the state claim that the figures make the situation look worse than it is, however. After all, Nevada -- especially Clark County -- experienced astronomical growth during the good years preceding the crisis, and the correction during the current lean years will necessarily be of the same proportions. Still, the article makes it clear that things will not be looking up for Nevada -- or the rest of the country of which Nevada is currently a good indicator -- for some time. Other issues complicating Nevada's recovery are detailed, such as a diversifying population with different needs and political demands, and the increasing face of lawlessness that the state and its central city promotes (such as in the "what happens in Vegas stays in Vegas" campaign) which dissuades some potential businesses from moving to the state. In general, however, this article focuses on the numbers of the situation, and does an excellent job of detailing the causes of the current financial meltdown.
Economist. (2009). "Wheel of fortune." Retrieved 9 February 2009. http://www.economist.com/world/unitedstates/displayStory.cfm?story_id=13061481&source=hptextfeature
Fortune 500 Company: TSLA
Current Stock Price: $290.71
Market Cap: 49.119B
Enterprise Value: 4.93
Stock Split: No
Closing price last five days: $291.21, $287.71, $293.50, $300.10, $290.24
52 week high: $389.61
Book Value per Share: $11.58
Analysts’ Ratings: 4 strong buy, 4 buy, 8 hold, 6 underperform
Target Price: Low of $180 to High of $470, with the average at $317.04
Avg. revenue estimate for next year: 26.85B
Significant news: Tesla is ramping up Model 3 production; Tesla is working on a semi
Buy or Sell TSLA? Recommendation: SELL
I would not recommend investing in this stock. TSLA is currently the most shorted stock on the market: investors are bearish on Tesla, as the CEO Elon Musk has turned it into a cult stock with an unjustifiable P/E and a lot more empty promises at his back than actual delivery. While TSLA…
Production in the corporation is undertaken through guidance on the market need analysis and the research and development aspects of the corporation. The perspective in place of production is to consider market needs and keep innovating products in a way to ensure higher prospect in customer loyalty and lager market share. In this venture the integration of production in product development in accordance to the market needs put the company at the fore front to attract higher level of revenues. Different divisions within the corporation undertake to develop product in line with the corporation core objectives and the market needs.
Axson, D.A.J. (2010). Best Practices in Planning and Performance Management: adically ethinking Management for a Volatile World. . United States: Wiley.
Hofstede, G., & Hofstede, G.J. (2009). Cultures and Organizations: Software of the Mind. London: McGraw Hill.
loLevin, I., P.,, & Levin, a., M.,. (2007). Modeling the ole…
Axson, D.A.J. (2010). Best Practices in Planning and Performance Management: Radically Rethinking Management for a Volatile World. . United States: Wiley.
Hofstede, G., & Hofstede, G.J. (2009). Cultures and Organizations: Software of the Mind. London: McGraw Hill.
loLevin, I., P.,, & Levin, a., M.,. (2007). Modeling the Role of Brand Alliances in the Assimilation of Product Evaluation. Journal of Consumer Psychology, 9(1), 43-52.
Loosemore, M.D., a. & Lingard, H. (2003). Human resource management in construction industry: strategic and operational approaches. New York: Taylor & Francis.
In Chapter 25 of the Prince, Machiavelli addresses the topic of fortune and its effect on rulers and their states. Machiavelli makes two main statements about fortune. First, the author claims that the good leader transcends fortune's vicissitudes. Free will, notes Machiavelli, trumps luck. Second, Machiavelli urges rulers to control and command fortune.
Fortune is female in the Prince for two reasons. One, females are associated with nature, and Machiavelli uses a metaphor from the natural world to describe fortune as a raging river: "which when in flood overflows the plains, sweeping away trees and buildings, bearing away the soil from place to place; everything flies before it, all yield to its violence, without being able in any way to withstand it," (Chapter 25). Two, fortune is female because men can control it using brute force. Females and fortune are depicted as wild, natural, and untamed. ulers are by default…
Machiavelli, Nicolo. The Prince. 1515. Translated by W.K. Marriott. 1908. Retrieved Jan 31, 2009 at http://www.constitution.org/mac/prince00.htm
We have come full circle to the days of local businesses, but geography has been eliminated as a barrier to communication. Companies are now expected to contribute to their local economy and culture. Whatever a company does at home will be broadcast to the world, positive or negative. Wal-Mart is highly criticized for its low wages, even though the company admits it does not expect to retain entry level employees. However, the company's support in its local communities wherever the stores are found counter the bad publicity about wages. In fact, Wal-Mart is a good example of several of the tenets listed here, especially that of agility. It has changed its management architecture, so that local managers have the local power to make the individual outlets good citizens of their communities.
So Jack Welch's simple rules for management need to be modified. Even the CEO who followed him has done…
Burkhardt, John C. And Overton, Betty J. 1999.; Applied Developmental Science, Vol. 3,
Business Mexico; 7/1/2005.Want to win? Some practical advice from Jack Welch.(Biography)
Flaherty, John E.. 1999. Peter Drucker: Shaping the Managerial Mind Jossey-Bass © 1999
'For though beauty is seen and confessed by all, yet, from the many fruitless attempts to account for the cause of its being so, enquiries on this head have almost been given up"
illiam Hogarth, The Analysis of Beauty, (1753)
Not very encouraging words, but if the great artist illiam Hogarth felt himself up to the task, we can attempt at least to follow his lead. That beauty is enigmatic goes almost without saying. Different ages, different cultures, and even different individuals, will have their own definitions of "beauty." The problem is more than skin deep. Any term that can be so widely and irregularly employed is bound to trap the casual researcher ... Or reader ... Or viewer ... Or for that matter, any other human being who attempts to define what is and what is not "beauty." People, places, things -- even ideas dreams -- can…
Al-Braizat, Fares. "Muslims and Democracy: An Empirical Critique of Fukuyama's Culturalist Approach." International Journal of Comparative Sociology (2002): 269+.
Browne, Stephen H. "EDMUND BURKE (1729-1797)." Eighteenth-Century British and American Rhetorics and Rhetoricians: Critical Studies and Sources. Westport, CT: Greenwood Press, 1994. 42-50.
Callaghan, Karen A., ed. Ideals of Feminine Beauty: Philosophical, Social, and Cultural Dimensions. Westport, CT: Greenwood Press, 1994.
"The Eighteenth-Century Beauty Contest." Eighteenth-Century Literary History: An MLQ Reader. Ed. Brown, Marshall. Durham, NC: Duke University Press, 1999. 204-234.
The provision of statistical data throughout the literature review underscores the author's understanding that social media is not an amorphous concept, but rather it must be categorically analyzed for its unique applications. Befitting a thesis on investment returns of social media the literature review provides a through basis of content examination.
rainger's use of literature extends beyond the broad questions of social media and encompasses specific academic scholarship pursuant to understanding the medium's usage and utility. The author expertly identifies "five distinct research themes" (rainger, J. 2010) which connect back to the broad mission of the thesis. Analyzing areas of: consumer capacity, corporate capacity, word of mouth marketing, corporate resource allocation, and investment return analytics; the author provides substantive academic research on these matters. Indicative of a strong dissertation the author relies on both quantitative and qualitative research to define their objectives. A quintessential example of this authorship…
Grainger's use of literature extends beyond the broad questions of social media and encompasses specific academic scholarship pursuant to understanding the medium's usage and utility. The author expertly identifies "five distinct research themes" (Grainger, J. 2010) which connect back to the broad mission of the thesis. Analyzing areas of: consumer capacity, corporate capacity, word of mouth marketing, corporate resource allocation, and investment return analytics; the author provides substantive academic research on these matters. Indicative of a strong dissertation the author relies on both quantitative and qualitative research to define their objectives. A quintessential example of this authorship is the elucidation of social media usage by Corporate America. In this section specific quantitative measures are provided in the form of statistical content on barriers to corporate usage. Yet the striking use of qualitative analysis is the defining point of the theoretical foundation; none more so then the concomitant section on blogging as a social media tool. The description of the working families Wal-Mart blog allows the author to connect practical applications to the larger questions of social media advancement.
Relevance of Literature to Research Question
Social media as a dissertation topic is particularly tricky because of its inherent nature as a dynamic change element. Succinctly, the constant evolution of social media is its defining characteristic, and attempting to explain its role is the academic equivalent of nailing Jell-O to the wall. Yet,
Applying Open Systems Theory to Google
Open systems theory may be used as one approach to examining an organization. An interesting organization, which was also forth on Fortunes 2011 list of the 100 best companies to work for is Google (Fortune, 2011). Google is a firm where there is a great deal of influence between the internal and the external environments due to the porous boundaries of the firm.
One of the most important and influential components of Google are the employees, they are also one of the most porous elements as the employees may be members of multiple systems and their performance in the workplace may be influenced by many external forces. Motivation theory, such as Maslow Hierarchy of Needs, indicates that employees will have different needs; these may depend on many external influences, based on their personal psychological well being and attitudes, and other factors, such as…
Cowley, MC, (2012), Not A Happy Accident: How Google Deliberately Designs Workplace Satisfaction, ACCESSED AT http://www.fastcompany.com/3007268/where-are-they-now/not-happy-accident-how-google-deliberately-designs-workplace-satisfaction
Fortune, (2011), 100 Best Companies to Work For, accessed at http://archive.fortune.com/magazines/fortune/bestcompanies/2011/snapshots/4.html
Google, (2014), 10k, accessed at http://investor.google.com/pdf/2013_google_annual_report.pdf
Scott, W.R. (2002). Organizations: Rational, natural, and open systems. Upper Saddle River, NJ: Prentice Hall
They realize we have an alternative. That's something they really need to take seriously." [DAVID KIRKPATRICK]
Further, AMD Opteron processor had one more advantage over Intel's processor. With a technology known as 'silicon on insulator' AMD processors used less electricity and produced little heat and were therefore much compact than Intel's processors that required more space for additional cooling fans. [DAVID KIRKPATRICK] AMD's processor also proved superior to Intel when it came to high data intensive computing such as the Wall Street trading operations. Performance gains are stated to be, "anywhere from 40% all the way up to several hundred percent" [David Krikpatrick]
Not long ago, AMD's speciality was confined to selling fast processors for consumer desktops, but today the company has diversified its product lines with chips catering to every segment of the market namely desktops, notebooks as well as servers. As semiconductor analyst Dean McCarron of Mercury Research…
Tony Smith, "Intel, AMD jostled for market share in 2006,"
Accessed 8th May 2007, Available at, http://www.reghardware.co.uk/2007/01/31/mercury_x86_marketshare_2006/
David Kirkpatrick, "Chipping Away at Intel." Fortune. New York: Nov 1, 2004.Vol.150, Iss. 9; pg. 107, 8 pages, Accessed 8th May 2007, Available Online at, http://money.cnn.com/magazines/fortune/fortune_archive/2004/11/01/8189560/index.htm
DAVID KIRKPATRICK, "HOW AMD MADE it a FIGHT." Fortune.
Leadership Development Practice at Ford Motor Company
Given the enormous effect of an informed and effective leadership team on a company's profitability, it is not surprising that leadership development has become an important part of the practices of many Fortune 100 companies. By identifying potential leaders today and providing them with the training and education they will need to become effective leaders in the future, these companies are making an investment in their futures. The costs that are associated with providing these leadership development programs are significant, though, making the need for informed and effective practices essential. To determine how one Fortune 100 company is approaching the need for such leadership development programs, this paper provides a review of the relevant literature concerning Ford Motor Company, followed by a summary of the research and important findings in the conclusion.
eview and Discussion
One Fortune 100 company that has clearly embraced…
Egodigwe, L. (2009, June). In perfect alignment: An HR auto exec understands the importance of synchronizing the team. Black Enterprise, 39(11), 48-49.
Extending reach and ensuring effectiveness of leadership development. (2009, June 22).
Workforce Management, 88(7), 13.
Krivokapic-Skoko, B., Dowell, D., O'Neill, G. & Kleinschafer, J. (2009). Research note:
Offshore Cases and Google Problems
Question 1 "The Offshoring Debate in a Small Organization" by Benny Sisko
Many people imagine only enormous Fortune 500 companies as moving production and jobs overseas. However, in today's weakened economy, even smaller businesses are now opting for outsourcing more and more to keep costs low. Even smaller companies have to deal with complex issues that are normally thought to be dealt with by larger Fortune 500 companies. Yet, despite benefits, there are also high risks involved in outsourcing, risks that go far beyond the boundary of the single organization in questions.
There are a number of major benefits of outsourcing. Smaller companies can dabble in outsourcing, but often not so much in offshoring, which often requires higher initial costs despite the overall costs savings (Kumar & Salzer 2010). Essentially, outsourcing focuses on using lower labor costs to get production done in other countries where…
All Business. (2008), The Benefits of Outsourcing for Small Businesses, New York Times, Web, http://www.nytimes.com/allbusiness/AB5221523_primary.html
Buki, James. (2011), Top 6 Outsourcing Disadvantages, Operations & Technology, Web, http://operationstech.about.com/od/outsourcing/tp/OutSrcDisadv.htm
Helft, Miguel & Barboza, David. (2010). Google Shuts Down China Site in Dispute Over Censorship, New York Times, Web, http://www.nytimes.com/2010/03/23/technology/23google.html
Kumar, Pundari & Salzer, Otto. (2010), Advantages and Disadvantages of Outsourcing and Offshoring to India, Salzer-#D Engineering, Web, http://www.salzer-3dengineering.eu/PDF/AdvantagesDisadvantagesOfOutsourcingToIndia.pdf
Nike television advertisements, as an ordinary girl is transformed into an Olympic runner. Bombarding the airwaves during the 2004 Athens Olympic Games, the "You're faster than you think" campaign is an example of Nike's ability to produce engaging, effective television commercials. hile the ultimate success of these advertising campaigns can only be seen in the quarterly reports of the corporations, from a design and marketing standpoint, the Nike ad is eminently successful. The "You're faster than you think" campaign promotes brand awareness and creates a brand imprint in the consumer brain, but the commercials are also artistic, clever, and entertaining. However, Nike is a large Fortune-500 company with a substantial marketing and advertising budget. Smaller companies such as those listed in Inc. magazine work with a smaller budget and therefore generally produce less dramatic television commercial spots. Moreover, smaller companies cannot afford the prime time Olympics spots like Nike can.…
Amazon.com http://www.amazon.com/exec/obidos/subst/home/home.html/102-4 .
Fortune.com http://www.fortune.com/fortune/fortune500?promoid=cnnmoney .
Inc.500." Inc.com. http://www.inc.com/resources/inc500/index.html .
'Offshoring' can occur within the same company and involve movement of work to a different location of that company outside of the United States, or to a different company altogether" (4). Simply put, outsourcing is contracting with an outside company in any location, while offshoring is contracting with a company outside the United States.
Examples of Exclusive holesale Manufacturers
One example of a wholesale manufacturer that sells exclusively is Mona Lisa Fashions Inc. This "is a full-service cut & sew apparel contractor serving the women's, children's and men's apparel markets." They are located in Allentown, Pennsylvania and are encouraging designers not to outsource or offshore their products but to come to them instead. Another example is Sports and Sports International, a company that manufactures sports accessories and apparel. On their website, they announce, "e are one of the most prominent manufacturers, suppliers and exporters of an exclusively broad range of…
Anderson, William. Kathie Lee's Children. The Free Market. 14.9. 1996. Web. http://mises.org/freemarket_detail.aspx?control=45
Brown, Sharon P., and Siegel, Lewis.B. "Mass Layoff Data Indicate Outsourcing and Offshoring Work," Monthly Labor Review. 128.8.3-10. 2005. Print.
Enlow, Sara and Ertel, Danny (2006 May/June) "Achieving Outsourcing Success: Effective Relationship Management," Compensation and Benefits Review 38.3.50-55. Print.
Fashion Bella. Web. http://www.fashionbella.com/
Factors that affect an organization's capacity and willingness to change need to be examined and exploited. Organizational culture, which is a set of shared values and assumptions that are followed by the members of an organization, plays an important role in affecting the attitude of an organization to change. If an organizational history has been unwelcome to change in the past, it is highly unlikely that an organization will be willing to accept change in the future. Sometimes, core competency can assist in the process of change (Porter, 1980).
Lastly, at the individual level, the process of change is completed when it is implemented within a company. The task of the general manager then becomes of envisioning the future of the change and of facilitating cooperation among the workforce. He is also responsible for implementing change at various levels of production, development and distribution. In particular, what needs to be…
Saunders, M., Lewis, P. And Thornhill, A (2003). Research methods for business students. 3rd Ed. London: Prentice Hall.
Seaman, C.H.C. (1987). Research Methods: Principles, Practice, and Theory for Nursing. (pp. 174) Appleton & Lange.
Sudman, S. And Bradburn, N.M. (1982). Asking Questions: a Practical Guide to Questionnaire Design. San Francisco, CA: Jossey-Bass Inc.
Taylor, Aex III (October 12, 2009) Fortune: "Can GM Survive?" 60 (7), 60. Retrieved October 31, 2009, Proquest, ISSN: 00158259
When we look at the U.S. auto industry and Wall Street and see the utter failure of management vision and the copious quantity of greed and self-serving that has gone along for decades, the question is, are we capable at any level of managing our huge conglomerates and financial institutions? It seems, in my mind, that the articles I studied asked many of these same questions in different ways, but really offered few answers. I think we know what we need to do. The real question is -- can we do it? Do we have the will? Can we care enough?
aker, D. (2005, December 16). Foundations for success. Retrieved July 3, 2009, from Industry Week: http://www.industryweek.com/articles/foundations_for_success_11129.aspx
Covi, I. (2009). Management and human resources: Leading the workplace within. Retrieved July 4, 2009, from businessknowhow.com: http://www.businessknowhow.com/manage/leadwithin.htm
Farrell, C. (2009, March 17). Get used to a working retirement. Retrieved July 3,…
Baker, D. (2005, December 16). Foundations for success. Retrieved July 3, 2009, from Industry Week: http://www.industryweek.com/articles/foundations_for_success_11129.aspx
Covi, I. (2009). Management and human resources: Leading the workplace within. Retrieved July 4, 2009, from businessknowhow.com: http://www.businessknowhow.com/manage/leadwithin.htm
Farrell, C. (2009, March 17). Get used to a working retirement. Retrieved July 3, 2009, from Business Week: http://www.businessweek.com/investor/content/mar2009/pi20090316_236201.htm
Feller, R. (2003, April). Connecting school counseling to the current reality. Retrieved July 3, 2009, from findarticles.com (from Professional School Counseling): http://findarticles.com/p/articles/mi_m0KOC/is_4_6/ai_103380601/?tag=content;col1
This was able to guarantee the company a steady and sustainable growth, encouraging a constant profitability over this period of time.
Further more, the company is well-known for its principles of improving its performances and attempting to be more efficient in everything it does. Throughout its existence, the American retailer has focused on implementing information technology techniques in almost all its activities as the common belief was that automatization drives lower costs, lower prices, lower inventory, shorter delivery time and so on. Following these principles religiously, Wal-Mart has become one of the most efficient players in the entire American market, not just in its industry. Efficiency then was logically driving higher productivity rates and increased profitability for the shareholders.
Part D Company Report
The American retail market is dominated by 3 major players: Wal-Mart, Target and Kmart (see table 2). In 2005, the WalMart's market share was 8.82% increasing 0.2%…
WalMart 2006 Annual Report. On the company's website, last retrieved on September 2, 2007
Fortune 500 (2007), http://money.cnn.com/magazines/fortune/fortune500/2007/
Hale, T. (2004), "Understanding the Wal-Mart Shopper," Consumer Insight Magazine, http://www2.acnielsen.com/
Lehman Brothers (2002), "Wal-Mart Stores - it's All About the Lil' Smokies!," Global Equity Research, www.lehman.com
S. economy is down, Target profits are likely to go down in response.
The main strategic problem is low employee wages, which has altered public perceptions. The retail industry is very unstable and some of the competition Target faces ebbs and flows quickly. The main competitors Target faces are Wal-Mart, K-Mart and Sears. Most cities have other smaller stores and department stores, which all compete with Target for the same customers. Wal-Mart has more locations than Target, which makes Wal-Mart more accessible to customers. In addition, Wal-Mart has tapped into the foreign market places. This competitor is well-known for its low prices and discounted prices. The goods Wal-Mart offers is not of as high a quality as Target, but most of the consumers who patronize this store is looking for the money savings. The competitors Target faces are a constant threat to the profit margin of the organization.
House, C. (2008). Target Corporation SWOT Analysis. London: Datamonitor Plc.
Target Corporation. (2010). Our Company. Retrieved from http://sites.target.com/site/en/company/page.jsp?contentId=WCMP04-030795
Target Corporation. (2012). Investors: Corporate overview. Retrieved from http://investors.target.com/phoenix.zhtml?c=65828&p=irol-homeprofile
Changing Role of Women in the Late 1800s
In "A azard of New Fortunes," William Dean owells explores a number of themes through the interaction of the major characters in the novel. Much of his focus revolves around the women in the book and the interaction of these women with each other and with men. owells writes about issues contemporary to the time of the book's publication in 1890. Not coincidentally the 1880s marked the beginning of a significant upsurge in the women's movement. "A azard of New Fortunes" presents women who abide by the old values in contrast to women who have begun to adopt the values that eventually lead to full suffrage for women, more education opportunities for women, and more career choices for women. Women would become increasingly vocal about their opinions and begin to organize themselves for a direct assault on the institutions that were so…
Howells illustrates the crosscurrents of the late 1800s in the United States by conceiving two conflicting characters, Mrs. March and Alma Leighton. Mrs. March represents the traditional good wife who is her husband's confidant and who supports him in every way. Alma represents the petulant "new woman" who has no sense of compromise and no sense of responsibility except to her. Howells portrayal of Mrs. March is much kinder than his portrayal of Alma. With the wave of social change yet to crest, Howells is more inclined to the traditional than to the radical. Ultimately though the ideal situation would be a balance between the traditional and the radical.
Howells, William Dean. A Hazard of New Fortunes. Aug 2002. Produced by David Widger for The Project Gutenberg Etext. 23 Feb 2002.
Small & Medium Enterprises (SME)
Can Gain the Strategic Benefits of EP
Agility, time-to-market and insights into market dynamics are a few of the many benefits of standardizing the operations of an organization on an Enterprise esource Planning (EP) system. Up until about a decade ago, the economics of enterprise software relegated these systems to larger, more diverse and well-capitalized enterprises, with the majority of EP systems being installed and customized in Fortune 1,000 corporations (Velcu, 2010). These EP implementations began to be pervasively supported by Service Oriented Architectures (SOA) during the later 1990s and continue throughout today. As SOA architectures have permeated organizations, the lessons learned from a business process re-engineering (BP), distributed order management and software engineering gains have contributed to the success of Cloud computing in general and Software-as-a-Service specifically (Moore, 2002). In addition, Open Source Software (OSS), Cloud- and SaaS-based EP systems (Passion for esearch, 2012b)…
Darrow, B. & Lingblom, M. 2002, "SAP unveils ERP offerings for SMBs," CRN,, no. 999, pp. 12-12.
Used for determining how SAP is addressing the SME market through their product strategy and their approach to optimizing OPEX-based expenses by SMEs.
Henschen, D. 2010, "SAP SaaS Strategy Needs To Deliver," InformationWeek,, no. 1268, pp. 27-27.
An excellent article showing how SAP's business model is going through major shifts due to the change form CAPEX to OPEX.
Suddenly I receive a Titian to hang on my wall -- a Greek bas-relief to stick over my chimney-piece." (James in: Phelan-Cox, 2004)
Through the analogies of alph, the reader is able to view the manner in which "male pleasure in spectatorship with interconnected with Western aesthetics generally." (Phelan-Cox, 2004) it is the argument of Laura Mulvey that the film of Hollywood is structured around "the voyeurism and scopopophilia of the male gaze by denying the existence of other viewing positions." (Phelan-Cox, 2004) James veritably denied other ways to view through his description of the scene "by consciously omitting Isabel's own perception of herself in that setting or any objective description of the scene that might include observations about alph." (Phelan-Cox, 2004)
VII. Portrait and the Implications
The title of this story is even misleading as noted by Phelan-Cox the word 'portrait' "implies that the novel is to be a…
Ascari, M. (nd) Three Aesthetes in Profile: Gilbert Osmond, Mark Ambient, and Gabriel Nash. RSA Journal 7.
Braden, HE (2011) Lily Bart and Isabel Archer: Women Free to Choose Lifestyle of Victims of Fate? University of New Orleans. 4 Aug 2011. Retrieved from: http://scholarworks.uno.edu/cgi/viewcontent.cgi?article=1247&context=td
Brown, B. (2001) Thing Theory. Critical Inquiry. Vo. 28, No. 1 Autumn 2001.
Gilmore, MT (1986) the Commodity World of the Portrait of a Lady. The New England Quarterly, Vo. 59, No. 1. Mar, 1986.
Manassas -- How the Skirmish at lackburn's Ford Shaped the attle
The Skirmish at lackburn's Ford shaped the attle of First Manassas by discouraging the Union Army, altering the Union Army's battle plans and encouraging the Confederate Army.
The Confederacy's chances of successfully seceding from the Union were initially poor, as the Union had the obvious upper hand: the Union Army was considerably larger and better equipped; their commander was George McClellan, whose abilities were undoubted; the Union had the international advantage of being a recognized nation; finally, the Union had the lion's share of factories that could steadily mass produce ordnance for the Union forces. In sharp contrast, the Confederacy: was an agrarian society with far fewer people, fewer factories and considerable resentment at being reduced to "economic vassalage" by the North's industrialization; much of the Confederacy's fortune involved cotton and the reliance of foreign markets on that cotton;…
Davis, William C. Battle at Bull Run: A History of the First Major Campaign of the Civil War. Baton Rouge, LA: Louisiana State University Press, 1977.
Detzer, David. Donnybrook: The Battle of Bull Run, 1861. New York, NY: Harcourt Press, Inc., 2004.
Flagel, Thomas R. The History Buff's Guide to the Civil War: The Top Ten Rankings of the Best, The Worst, The Largest, and The Most Lethal People and Events of the Civil War, 2nd Edition. Naperville, IL: Cumberland House, 2010.
Gottfried, Bradley M. The Maps of First Bull Run: An Atlas of the First Bull Run (Manassas) Campgaign, including the Battle of Ball's Bluff, June-October 1861. New York, NY: Savas Beatie LLC, 2009.
Managing Individual Behavior
How Google's corporate values and goals concerning employees, customers, and the business combine to create job satisfaction and motivate the people who work there
Google Inc. has been handling its personnel successfully. This has resulted in the enhancement of the overall motivation and commitment to its goals. Moreover, the effective management of human resources has made Google elected the 'Best Company to work for' in the United States. Google uses a strategy of making workplaces and offices all over the world which are designed over expansive areas with offering the workers not only with every possible space for innovation and creativity, but also make sure that the employees' concepts are properly and uncompromisingly analyzed, worked on, and recognized (Girard, 2008).
Best companies make their own exclusive cultures in which workers are able to say "I believe in the company I work for, have the pleasure in what…
Axson, D.A.J. (2010). Best practices in planning and performance management: Radically rethinking management for a volatile world. Hoboken, N.J: John Wiley & Sons.
Cooke, W.N. (2012). Multinational companies and global human resource strategies. Westport, Conn: Quorum Books.
Girard, B. (2008). The Google way: 12 management strategies to revolutionize your business. San Francisco, Calif: No Starch.
Globalization and Social/Human Injustices
Human slavery/sex trafficking
The menace of slavery and trafficking for purpose of sexual exploitation is a menace that greatly neglected or not talked about by the high and mighty yet it is a problem that ravages families on a daily basis. Across the globe, there are people who benefit from the modern day slavery and there are countries that act as source, most of them being the underdeveloped nations where poverty is high and unemployment is also significantly high. These two factors when combined, often push affected families to willingly or otherwise let go of their daughters into the forced labor or sex slavery in more developed nations. The women and children are the most affected groups in the slavery business since they are the most vulnerable in the society. Against the common belief that slavery is obsolete, the opening up of more borders and easy…
Buchholz T.G., (2007). New Ideas from Dead Economists. An Introduction't Modern Economic Thought. Retrieved December 10, 2014 from http://www.docdroid.net/miuc/newideas-deadeconomists.pdf.html
French H.W., (2013). The Not-So-Great Professor: Jeffrey Sachs' Incredible Failure to Eradicate Poverty in Africa. Retrieved December 10, 2014 from http://www.psmag.com/navigation/books-and-culture/smart-guy-jeffrey-sachs-nina-munk-idealist-poverty-failure-africa-65348/
Gates Foundation, (2012). Theo Sowa: We Need the Voices of African Women-TEDxChange. Retrieved December 10, 2014 from https://www.youtube.com/watch?v=GfIQgPb7pQs
ForaTv, (2008). Muhammad Yunus: The Social Business Model. Retrieved December 10, 2014 from https://www.youtube.com/watch?v=0C3XQ3BTd4o
My Utopia Job: CFO
Being a Chief Financial Officer (CFO) for a major Fortune 500 company would be my dream job. Capitalizing on a core base of competencies in accounting, cash flow management, and risk management, the CFO sits in the C-suite with a greater sense of purpose and a role that is instrumental in guiding the organization’s strategies (“Chief financial officer (CFO) job description,” 2017). An understanding of management concepts, theories, and principles will help me achieve this goal to help me manifest a utopic career. For example, systems theory shows how the CFO fits into the overall organization and its interdependent, multilateral nature. Likewise, the CFO must have mastered the main management concepts like those we have studied in this class including control and coordination. The CFO is role that balances strategy, tactics, vision, ethics, and communication. To be a successful CFO, one must also master essential conceptual,…
2. The book, the Story of the Treasure Seekers, is about six siblings, who are in quest of a treasure to gain back the lost riches of their family. Each child comes up with his or her own unique plan of looking for the treasure, thus representing his or her own distinct personality. For example, Dora, the eldest child is very cautious and believes in doing things the right way. She is very responsible and also god-fearing. She believes in hard work and honesty and suggests that they look for the treasure by digging in the garden. Oswald, who is the second in line, is very intelligent, kind and also daring and adventurous as one can see when he suggests that they should kidnap people on highways and take money from them. The third sibling Dicky, suggests that they should follow instructions in advertisements in the newspaper, which help you…
Establishing personal contact over a widespread demographic area might be challenging, but would be necessary if the research was to be of value: it is likely that the information desired would be part of an academic or business-based study, and thus there would be enough funding for travel. Personal interviews also enable the research to be more thorough and valuable, given that the subjects will usually devote more time, energy, and thought to their responses face-to-face, as opposed to a cursory questionnaire or brief telephone interview. However, interviewers must be well-trained so they know how to probe, ask follow-up questions, and redirect the interviewee to focus on pertinent issues. They must also make the subject feel comfortable and uninhibited.
Question D: A survey of financial officers of the Fortune 500 corporations to learn their predictions for the economic outlook in their industries in the next year.
In this case, it…
Citizens in the region's poorest countries, Paraguay and Honduras, make just above $4,000 per year, while those in the wealthiest countries, Chile and Mexico, make almost $15,000. The institutional legacy in the region is one clouded by inequality and corruption. In its brief on the region, the World Bank emphasizes the role of institutional development to alleviate poverty among vulnerable groups, a result in part of the lasting legacy of inequality due to colonial influences.
Asia. This region ranges widely from very poor nations such as Nepal (GDPpc of $1,100) to very wealthy nations like ingapore ($51,600). Because colonial dominance of this region was carried out by a relatively few European settlers, it was ultimately incomplete, leaving many of the region's own institutions intact or enhanced. The World Bank's comments on how governments across the region are reacting to the recent economic turndown are in line with an expectation that…
Sources of Economic Growth in China, 1952-1998. Issues in Political Economy, Vol 17.
World Bank. (2009). Regional Briefs. www.WorldBank.org. December 13, 2009. Retrieved from http://www.worldbank.org/ .
Relation Between IPRI and GDP Per Capita by Region
Source: International Property Rights Index, 2009. (http://internationalpropertyrightsindex.org/UserFiles/File/ex4_9relationbtwniprigdpbyreg.pdf).
Most well-known was obert Scoble of Microsoft.
With the 2004 U.S. Presidential elections, blogs' growth accelerated dramatically as nearly every news network, candidate in both U.S. Senate and House of epresentative races, and political pundit has their own blog competing for the publics' attention. The era of 2004 to today in fact has created a blogging industry that is pervasive in its availability of publishing platforms (USC Annenberg School of Journalism) and also in its readers for organizing and aggregating content of interest (Boeri, 2007).
Since 2004, technologies have emerged for completing text mining of blogs to find linguistic patterns in the mass of posts and also build linguistic models that represent public opinion. The use of latent semantic indexing as a technology has become prevalent as a result.
Wikis are also a form of consumer-generated media and were initially developed in 1994 with the first Wiki being introduced in…
Josh Bernoff, Charlene Li. 2008. Harnessing the Power of the Oh-So-Social Web. MIT Sloan Management Review 49, no. 3 (April 1): 36-42. http://www.proquest.com (Accessed March 14, 2009)
Robert Boeri. (2007, December). Content 2.0 Converges. EContent, 30(10), 22.
Retrieved March 21, 2009, from ABI/INFORM Global database. (Document ID: 1394701741).
Eric Bonabeau. (2009). Decisions 2.0: the Power of Collective Intelligence. MIT Sloan Management Review, 50(2), 45-52. Retrieved March 20, 2009, from ABI/INFORM Global database. (Document ID: 1625861001).
She also learns, too late, that the jewels and the life she coveted so long ago was a sham. Hence, the symbolic nature of the necklace itself -- although it appears to have great value, it is in fact only real in appearance, not in reality and the heroine is incapable of assessing the false necklace's true worth.
The tale of "The Necklace" conveys the moral that what is real, the replacement she returned to Madame Forstier, can be won not with beauty but with hard work, sweat, and toil. Like "The Tell-Tale Heart," "The Necklace" revolves around the use of irony and a single, symbolic element, exemplified in the title object that works throughout the tale, using the literary device of irony, to reveal the protagonist's moral character. That final revelation engineered by the title object makes the story compelling, even if both protagonists may seem morally repugnant. The…
Works Cited de Maupassant, Guy. "The Necklace." Classic Short Stories. 28 Jun 2008. http://www.classicshorts.com/stories/necklace.html de Maupassant, Guy. "A Piece of String." Classic Short Stories. 28 Jun 2008. http://www.classicshorts.com/stories/string.html
Poe, Edgar Allen. "The Tell-Tale Heart." The Online Literature Library. Literature.org.
28 Jun 2008. http://www.literature.org/authors/poe-edgar-allan/tell-tale-heart.html
And many have got successful too in earning the market share. The emerging competition by new companies is a growing threat for the company and it should be tackled properly to avoid any future disturbances.
In order to further describe the competition Southwest Airlines is facing a Competitive Profile Matrix is designed. The following Competitive Profile Matrix tells about the tough competitors which are in a good position to have an edge over Southwest Airlines. It tells about the strengths and weaknesses of other competitors in contrast with Southwest Airlines.
Factors Weight Southwest Airlines United Airlines Delta Airlines Ratings Score
Score 1. Low fares.15 4.60 3.50 4.60 2. Customer Service.15 2.30 4.60 3.50 3. Employee Relations.15 4.60 3.50 3.50 4. Rate of Expansion.10 2.20. 4.50 4.50 5. Marketing.15 4.60 4.50 4.50 6. Finance Structure.15 4.40 4.40 4.40 7. Management Policies.15 4.60 4.60 2.20
EXTERNAL FACTOR EVALUATION MATRIX
Gittell, Jody Hoffer. The Southwest Airlines Way Using the Power of Relationships to Achieve High Performance. New York: McGraw-Hill, 2003.
More City Pairs Await Southwest - Kelleher Says Opportunities Remain Using Airline's Formula." Aviation Week & Space Technology. 143. 6 (1995): 40.
A www.marketingmix.com.au / www.mcdonalds.com / www.bbc.co.uk
How long will others in positions of power or wanting to be in positions of power remember that the gains do not outweigh the losses? In the best case scenario, it would have been personally satisfying to know that anyone who knew of this situation and did not act at least had some type of community hours.
What would I have done in the case of Enron? It is easy to say with hindsight and personal self-confidence that I would have been a whistleblower, but I do not know if I would have had the personal strength to fight the leadership in this way. ather, I could see myself copping out by leaving the company for another job and hoping that Enron would get its due. Acting ethically is difficult when supposed "leaders," who have your present salary and future retirement in their hands condone certain behavior.
Gini, A. (2004). "Business, ethics, and leadership in a post Enron era. Journal of Leadership and Organizational Studies 11(1), 9-16.
Josephson, M..(1999). Character: Linchpin of Leadership. Executive Excellence 16(8), 13-14.
Knee, J.A. (October 26, 2003). House of gas: two teams of reporters review the rise and fall of Enron. New York Times Book Review
McLean, B., and Elkind, P. (2006). The guiltiest guys in the room. Fortune 153(11), 26.
But becoming an industry leader isn't all about consumer research and decreasing production lead-time (though both of those factors help). Positioning within the market is also key in order to overcome competition from other home construction firms. In that regard, Pulte Homes has benefited not only from strong economic conditions -- low mortgage rates that have spurred on new home construction, for instance -- but also from its broadened product offerings ("Fitch Rates" par. 3). This might seem like an odd statement to make. After all, in the home construction industry, how many new products can one company develop? In the end, construction is always of homes. Nevertheless, Pulte Homes has managed to create new product offerings, particularly by creating new types of homes that will appeal to different market segments.
For example, Pulte Homes recently acquired Del ebb in an effort to reposition itself within the industry by diversifying…
"Fitch Rates Pulte Homes' $650MM Debt Issue 'BBB+'." Business Wire 8 Feb. 2005. 13 Nov. 2005 .
Lee, Josephine. "If You Build It, They Will Make You Rich." Forbes 172.10 (10 Nov. 2003): 130.
Leger, Katrina. "Pulte Homes." Black Collegian Oct. 2004. 13 Nov. 2005 < http://www.findarticles.com/p/articles/mi_qa3628/is_200410/ai_n9471412 >.
financial position of Aflac Inc. And its competitor MetLife Inc. Aflac, http://www.aflac.com/, is a Fortune 500 company founded by John, Paul and Bill Amos in 1955. Aflac insures more than 50 million people worldwide. At year end 2010, Aflac had assets totaling more than $101 billion with annual revenues of more than $20.7 billion (Aflac Inc., 2012). I chose to write about Aflac for this assignment because of my interest in the insurance industry and my desire to learn more about it. This analysis of Aflac has helped me to gain familiarity with and a deeper understanding of insurance company financial operations.
This report analyzed financial statements for the year ending December 31, 2010 for both Aflac and MetLife. Financial statement data was taken from Aflac's "Year in Review" published by Thomson Reuters, http://thomson.mobular.net/thomson/7/3187/4452/document_0/YIR_2010.pdf as well as Aflac's cash flow statement by Marketatch, http://www.marketwatch.com/investing/stock/afl/financials/cash-flow. MetLife financial data was taken from…
Aflac Inc. (2012). Aflac at a glance. Retrieved February 4, 2012 from: http://www.aflac.com/aboutaflac/corporateoverview/default.aspx
CNNMoney. (2012) Top industries: Most profitable Return on Assets. Retrieved February 4, 2012 from: http://money.cnn.com/magazines/fortune/fortune500/2009/performers/industries/profits/assets.html
Forbes.com. (2012). AFLAC Incorporated (NYSE: AFL). Retrieved February 4, 2012 from: http://finapps.forbes.com/finapps/BuyHoldSellAnalysis.do?tkr=AFL
MarketWatch. (2012). Annual Financials for AFLAC Inc. Retrieved February 4, 2012 from: http://www.marketwatch.com/investing/stock/afl/financials/cash-flow
JC Penney's New Pricing Strategy
J.C. Penney was founded in 1902 by James Cash Penney, and by 1907 he had purchased full interest in three locations, moving his company headquarters from Wyoming to Salt Lake City in 1909. By 1912, there were 34 stores in the ocky Mountain State areas. By 1928 Penny's had opened 1000 stores and by 1941 had 1600 stores in all 48 states. Penny's began national advertising in 1956, offered in-store credit cards in 1959, and acquired The Treasury discount stores in 1962. By 1963 it issued its first catalog, expanded to Alaska and Hawaii, acquired Thrift Drug and by 1969 was a major feature in most American cities. By James Penney's death in 1971, the company had revenues of over $5 billion and peaked with 2,053 stores in 1973 jcpenney.com; Mattioli, 2012).
etailing in the 21st century demands far different strategies than ever before. etailing…
D'Innocenzio, A. (January 27, 2012). J.S. Penney Slashing Prices on All Merchandise. USA
Today. Retrieved from: http://www.usatoday.com/money/industries/retail/story/2012-01-25/penneys-price-overhaul/52787388/1
Girard, K. (March 5, 2012). Is JC Penney's Makeover the Future of Retailing? Working Knowledge -- The Harvard Business School. Retrieved from: http://hbswk.hbs.edu/item/6944.html
Microeconomics study economic behavior individual household firm. In Session Long Project, follow firm choice entire session. You analyze firm makes economic decisions events economy affect firm.
Wal-Mart is the leading retailer within the United States of America, being also one of the largest global companies. On the Fortune 500 list of companies, Wal-Mart is located on the eighth position by its market value.
The selection of this company for further analysis is based on the complexity of the firm, often revealed through conflicting elements. For instance, Wal-Mart is the undisputable leading retailer in the U.S., but has been unable to consolidate a competitive position outside the country. Then, the firm registers impressive profits, but faces fierce criticism from the stakeholders. Then, from a strictly fiscal standpoint, the company follows a sustained growth trend, even in times of economic crisis, when other companies go bankrupt.
All these elements, alongside with others,…
Berman, J. (2013) Wal-Mart's buy American campaign could boost retailer's bottom line. HUffington Post. http://www.huffingtonpost.com/2013/01/16/walmart-buy-american-campaign-retailer_n_2489519.html accessed on January 31, 2013
(2010) Low cost producer or economies of scale. Morning Star. http://news.morningstar.com/classroom2/course.asp?docId=144752&page=3&CN= accessed on January 31, 2013
(2013). Website of Wal-Mart. http://www.walmart.com / accessed on January 31, 2013
Accounting and financial oversight is a passion of mine. I also enjoy helping others achieve their desired goals. Due primarily to the extreme catastrophes caused by the financial crisis, solid accounting principles are needed more than ever. Individual investors, pension funds, and governments all rely on solid financial information in order to make prudent decisions regarding their investments. Accounting, and the confidence in its reliability, is the primarily component to its trust. Through the coursework garnered through this program, my aim is to instill trust within accounting to help provide companies with pertinent and useful information. This information, I believe, will allow companies to make prudent financial decisions that ultimately benefit the company and society at large. I intend to apply the knowledge gained from this program to provide viable and beneficial accounting solutions to a fortune 500 company.
My short goals upon completion of the program are…
long-term goals after completing the program. What characteristics do you possess that would make you a good fit for the goals
Short-term and long-term goals: MA in accounting
When embarking upon a master's degree in a field like taxation, it is essential to have a clear idea of one's long and short-term goals, so a student can use the program to its maximum degree of efficacy. Upon graduation, I hope to work at a large corporation, where I believe that my undergraduate degree in finance combined with the invaluable skills and knowledge given to me by graduate study in taxation will enable me to provide superior service to my employers. My knowledge of finance will contextualize any advice I bestow regarding the tax code that is relevant to the corporation, while my knowledge of taxation will contextualize any financially-related advice I may give over the course of my service. My…
Feng Shui in Hong Kong
Fengshui in Hong Kong was noted in the first book on the subject ever written for a Western audience, by E.J. Eitel in 1873. Eitel was a German missionary and inspector of the Hong Kong schools and reported a number of instances in which Western construction projects had angered the Chinese and provoked riots and disturbances because they had supposedly upset the gods and the spirits of the ancestors. A new road to the Happy Valley was being built and the "Chinese community was thrown into a state of abject terror and fright, on account of the disturbance this amputation of the Dragon's limb would cause to the Feng Shui of Hong Kong" (Bruun, 2003, 56). When Western engineers and workers began to die of fever and the new houses in the Happy Valley had to be abandoned because of malaria "the Chinese triumphantly declared…
Blackman, M. (2008). Asia Future Shock: Business Crisis and Opportunity in the Coming Years. Palgrave Macmillan.
Bruun, O. (2003). Fengshui in China: Geomantic Divination between State Orthodoxy and Popular Religion. Nordic Institute of Asian Studies.
Burnham, S. (2011). The Art of Intuition: Cultivating Your Inner Wisdom. Penguin.
Donavan, D. (2002). "Wang's Legacy: Sex, Lies and Litigation." Forbes.com, November 22, 2002.
The Chief Executive officer (CEO) of a firm is vitally important to the success of any corporation. CEOs typically have a great deal of experience and education in their particular industry. The purpose of this discussion is to examine a CEO of a Fortune 500 company. For the purposes of this discussion the leadership of Anthony J. Alexander, the President and CEO of FirstEnergy will be discussed.
Alexander was chosen because he has been persistent and dedicated to the company for many years. This dedication has allowed him to see the company at many different stages of development and growth. As such he is well equipped to lead the company.
There are many reasons why Anthony Alexander is a great leader. The first reason is his education and experience with the company. Alexander went to the University of Akron where he received a B.B. In Accounting and a Law…
Anthony J. Alexander, 2011. Retrieved from: http://investing.businessweek.com/research/stocks/people/person.asp?personId=293519&ticker=FE:U.S .
FirstEnergy Corp. reports higher first-quarter earnings on flat revenue. Retrieved from: http://www.crainscleveland.com/article/20100504/FREE/100509954/1090/RSS01
Leadership Team. Retrieved from: http://www.firstenergycorp.com/about/leadership_team.html
My purpose in pursuing a higher degree of education in the field of Information Systems and Technology is to achieve a level of expertise that will allow me the opportunity to have some level of positive influence in my chosen field of endeavor.
As the current Vice President of Administration for the Management Information Systems Association I have experienced many of the educational aspects of what the future holds regarding a Masters of Science degree in Information Systems and Technology, and through those experiences have developed a passion for learning that surprises even myself. I believe that this chosen path will stand me strong for future employment, personal growth and for acquiring the knowledge I desire.
After completing this course I plan on being hired by a Fortune 500 company as a Chief Information Officer (CIO). Many of the experiences I have enjoyed as a company buyer for…
Henderson the Rain King
Saul Bellow was awarded the Nobel Prize for Literature in 1976 for, among other things, the ability to give values a place side by side with facts in literature, unlike realism. The import of his work was seen as creating awareness that only the right values can give human kind freedom and responsibility, necessary foundations for building of faith in the future and a desire for action. Bellow's work was also recognized for its unique mixture of philosophy, cultural analysis and deep insights into human consciousness (The Nobel Foundation eb site).
Henderson the Rain King is an archetypical Bellow work bearing all the aforesaid characteristics. Henderson, the novel's principal character sets out on a journey ostensibly to Africa but primarily in search of himself. Bellow's portrayal of the unhappy, discontented middle-aged American millionaire has been widely interpreted as a caricature of Americans in the…
About The Declaration of Independence." The Library of Congress. July 1, 1997. Retrieved October 9, 2003: http://www.geocities.com/CapitolHill/Senate/3649/abt_declar.htm
Bellow, Saul. "Henderson the Rain King." New York: Viking, 1959.
Brutus. "First Anti-Federalist Paper." 18 October, 1787. Fortune City Web Site. Retrieved October 9, 2003: http://www.fortunecity.com/millenium/okehampton/377/1stanti_federalist_brutus.html
Charters of Freedom: Declaration of Independence." The National Archives
ay Kroc paying particular attention to leadership qualities. It has 6 sources.
Business strategy implemented in a particular market determines the success that an organization would have. In a highly competitive world, business strategy is vital to success and as demonstrated by some individuals an ordinary business can be converted into a massive chain of outlets on an international scale. An example of this kind of success is ay Kroc's McDonald's, which developed from a relatively small fast-food company into a fast-food chain with outlets in nearly every corner of the world.
ay Kroc's strategy is the key that changed the manner in which things were being conducted at the McDonald brothers' fast-food. At first he gained franchising rights from the owners, and then founded McDonald's Corporation in 1955. Six years later, Kroc bought the McDonald brothers for a sum of $2.7 million. From then on, Kroc implemented strategies of…
Avolio, Bruce J. & Bernard M. Bass. (1999). "Re-examining the Components of Transformational and Transactional Leadership Using the Multifactor Leadership Questionnaire." Journal of Occupational & Organizational Psychology, 72(4), 441-462.
Barnes, Donelle M. (1996). "An Analysis of the Grounded Theory Method and the Concept of Culture." Qualitative Health Research, 6(3), 429-441.
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The Role of Interactive Social Media in Corporate Social Responsibility Communications
One of the most significant new marketing platforms to emerge in recent years has been social media in general and more recently, interactive social media. According to the definition provided by Chao and Parker (2014), social media in general are “a group of Internet-based applications that build on the ideological and technological foundations of Web 2.0, which allows the creation and exchange of user-generated content” (p. 323). By extension, interactive social media are defined as those platforms that feature ways for consumers to directly respond to Web-based content in the form of feedback, comments, testimonials, reviews or other online exchanges (Chao & Parker, 2014). The overarching focus of the proposed study concerns the role of interactive social media in corporate social responsibility (CSR) communications. This specific focus has assumed new importance and relevance as growing numbers of…
Johnson and Johnson issued a public relations response immediately naming their number one priority: to aggressively protect any consumer from the potential hazards that may be present in any of their family of products.
Symptoms of the Problem -- Quickly, the crisis reached epic nationwide coverage. The panic that ensued, somewhat as the result of the twenty-four hour media coverage, fueled this panic into a frenzy. One hospital in Chicago, for instance, received 700 calls in one day; while Johnson and Johnson received averaged almost 150 calls per day. Across the country people were admitted into hospitals on suspicion of cyanide poisoning (Tifft, 18). Johnson and Johnson worked rapidly and decisively with the media to disseminate information. When the news spread, copycat criminals began to tamper with the products on the shelves of stores, which only deepened the crisis. ndeed, the FDA confirmed more tampering had taken place, but this…
Identification of Goals - in 1982, Tylenol controlled 37% of the pain killer market, approximately $1.2M and was the leading painkiller in the American market, outselling Anacin, Bayer, Bufferin, and Excedrin. Seventeen to eighteen percent net earnings of Johnson and Johnson were from Tylenol sales. Profits placed Johnson and Johnson in the top half of the Fortune 500 (Berg, 1998). The company had been doing well for years. Stock analysts had actually predicted that Tylenol's market share was poised for up to a 15% growth. In fact, Tylenol was to the product that would lead this company to further success- hat is until the Tylenol laced cyanide crisis came to be. This calamity changed the strategic plan, management goals, and parent to subsidiary goals across the organization -- within a 24-hour period. Instantly, an immediate crisis mode was assumed and a reassessment and reprioritization of their goals and immediate actions required jolted every executive, manager and employee in the organization (Mikkelson, 2004).
Immediate Goals once Crisis was Revealed-
Reacting to the news, when Johnson and Johnson was faced with the initial situation; it had to make some tough decisions that would severely impact the future of the company. Rather than think in financial terms only, CEO James Burke immediately turned to the
The quest for cheaper prices is pushing manufacturing jobs offshore and affecting the jobs of Americans. This is the trade off involved in globalization.
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2) Suzanne Kapner, (2009), 'Changing of the Guard at Wal-Mart', retrievd Oct 15th 2010, from, http://money.cnn.com/2009/02/17/news/companies/kapner_scott.fortune/index.htm
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7) Lisa aertlein, (2010), 'Factbox: Key Wal-Mart International Growth Strategies', retrieved Oct 15th…
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3) Michael Barbaro, (Mar 2006), 'Wal-Mart shows a Similar Side to Sears', New York Times, retrieved Oct 15th 2010, from, http://www.nytimes.com/2006/03/31/business/media/31adco.html?_r=2
4) Michael Barbaro, (Mar, 2007), 'It's not only about Price at Wal-Mart', The New York Times, retrieved Oct 15th 2010, from, http://www.nytimes.com/2007/03/02/business/02walmart.html?pagewanted=print
The connotations of the word "fungus," which Kingsolver uses to describe the term "want," is one of decay, unwanted growth, and a sort of taking-over by an alien body. Wants spring up unbidden just like fungi, and if left unchecked would swallow the globe. Needs, on the other hand, are described as "few enough to fit in a bucket" and as "dry" and "rattling" things. The first image gives a literal example of needs -- the food and water that could be carried in a bucket would suffice, for instance -- and the dryness suggests a lack of growth and a simplicity; the needs of human beings have not grown or changed.
If survival requires only the smallest bounties of nature, as Kingsolver stresses throughout this essay that it does, tan the few images of beauty that she lists as her means of retaining her grip in her…
The main argument in favor of this solution is the time efficiency it generates. The purchased application will be installed in the shortest possible time, whereas the installation of the internally developed software will only be possible in two years time. The company does not have two years to spend on waiting around for a better customized solution, as it is already threatened by the potential loss of customers due to an inadequate information system.
The second reason is that of the financial costs implied, in the meaning that the already developed application is more cost effective. Considering however that the managerial team finds it difficult to part with the perceived advantages of the internally developed solution, a compromise could be made in that of using the application from EMS for the time being, and based on the improved financial results it would generate, to construct a special budget, designated…
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2006, Does it make sense to develop your own customized software? Or are you better served by buying an off the shelf solution? Small Business Resource Center, http://www.smbresource.com/custom_software.html last accessed on January 14, 2010
Throughout the past trailing twelve months, the Dell share has decreased from a maximum of $26.04 to a current trading value of $10.62 (the Motley Fool, 2009). This negatively impacts its perception among investors.
A second strength was manifested in the packaging of their products. The Dell management sustained intense efforts to ensure that the organizational customers would receive their products as rapidly as possible and in the best of conditions. To ensure then the full protection of the hardware items, they would pack the products in large packages. This however brought severe criticism from environmental organizations which argued that Dell was wasting precious resources that were already scarce (Murray, 2008).
Following the same agenda of reduced prices and customer satisfaction, the Dell engineers sometimes fail to pay enough attention to all details. In 2006 for instance, 4.1 million laptop batteries were withdrawn from the market for fear that they…
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