...Case Study: Lincoln Savings and Loan Association In 1978, Charles Keating, Jr. began focusing his time and energy on his business endeavours when he founded the real estate firm, American Continental Corporation (ACC). Six years later, ACC acquired Lincoln Savings and Loan Association, which was headquartered in Phoenix, although its principal operations were in California. In his application to purchase Lincoln, Keating pledged to regulatory authorities that he would retain the Lincoln management team, that he would not use brokered deposits to expand the size of the savings and loan, and that residential home loans would remain Lincoln's principal line of business. After gaining control of Lincoln, Keating replaced the management team; began accepting large deposits from money brokers, which allowed him to nearly triple the size of the savings and loan in two years; and shifted the focus of Lincoln's lending activity from residential mortgage loans to land development projects. On 14 April 1989, the Federal Home Loan Bank Board (FFILBB) seized control of Lincoln Savings and Loan, alleging that Lincoln was dissipating its assets by operating in an unsafe and unsound manner. On that date, Lincoln's balance sheet reported total assets of $5.3 billion, only 2.3 percent of which were investments in residential mortgage loans. Nearly two-thirds of Lincoln's asset portfolio was invested directly or indirectly in high-risk land ventures and other commercial development projects. At...
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...Compliance Audit Report Public Version ExxonMobil Corporation-Baton Rouge NERC ID # NCR00128 Confidential Information (including Privileged and Critical Energy Infrastructure Information) – Has Been Removed Date of Audit: July 17-19, 2012 Date of Report: August 11, 2012 Confidential information (including Privileged and Critical Energy Infrastructure Information) – Has Been Removed TABLE OF CONTENTS Executive Summary ........................................................................................................ 3 Audit Process .................................................................................................................. 3 Objectives ................................................................................................................................................ 3 Scope ....................................................................................................................................................... 4 Confidentiality and Conflict of Interest ................................................................................................ 4 Methodology............................................................................................................................................ 4 Company Profile ..................................................................................................................................... 5 Audit Participants ...............................................
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...In October 1946, Soichiro Honda established the Honda Technical Research Institute in Hamamatsu, Japan, to develop and produce small 2-cycle motorbike engines. Two years later, Honda Motor Company, Ltd. was born, and in 1959 Honda opened its first storefront in Los Angeles with six industrious employees. The history of the Honda Motor Company began with an autophile and his dream. Japanese entrepreneur Soichiro Honda had loved motor vehicles almost since birth. When he was fifteen, he became part of an auto repair shop, and the passion grew. His greatest dream was to become a world-renowned car racer, and it was an ambition which he would fulfill in time. But first, the auto lover found himself employed as a technician. During his free time, he nurtured his growing interest in motor vehicles by building race cars and tooling with his Harley motorcycle. Honda possessed a natural talent for anything motorized, and his skills allowed him to open the doors of his very own repair shop in 1928. As his curiosity grew, he attended technical school in order to discover the perfect way to manufacture a piston ring. Honda combined his inborn knowledge with his new technical knowledge to take the first tentative steps toward entrepreneurial success. He utilized what he had learned about piston rings to form the Tokai Seiki Company. In 1928, he secured his first of many patents (for automobile wheel spokes). Then, as World War II ravaged Japan, Honda cornered the market on badly needed generator...
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...6253579 01266 03062010HNSTMD1 00000123901455NN0019365000000 MONTHLY STATEMENT Payment Information Payment Due Date Current Payment Due Total Amount Due Payoff Summary Payoff Amount Payoff Good Through March 27, 2010 Statement Date: March 5, 2010 $ 236.25 $ 236.25 $ 21,181.59 March 27, 2010 hondafinancialservices.com Customer Service: (800) 543-5636 Automated response 24 hours, 7 days a week Associates available weekdays from 9:00 am - 5:00 pm EST Account Information Account Number Vehicle Description VIN Number Regular Payment Amount Maturity Date Payments Remaining Annual Mileage Allowance 123901455 2010 HONDA ACCORD 1HGCP2F32AA022021 $ 236.25 November 27, 2012 32 12,000 For Correspondence Only: American Honda Finance Corporation P.O. Box 1027 Alpharetta, GA 30009-1027 American Honda Finance Corporation P.O. Box 105027 Atlanta, GA 30348-5027 For Payment Only: Activity Since Last Statement Date Description Amount Total You're protecting your information and the planet. 02/24/2010 Payment Received - Thank You! Base Rent $ 220.79 Tax $ 15.46 $ 236.25 Thank you for going green by choosing E-mail Notification Only of your monthly statements and correspondence. As you know, E-mail Notification Only not only saves paper, it reduces the odds of easy identity theft through discarded records or mail. Plus, all information is encrypted online before it's transmitted, so the only one who can read it is you. Green, safe, private. DIANA...
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...In order to meet principals to accomplish improvements so Honda can meet requirements for its suppliers, it should look at competitive position, customer dependence, backlog of orders, raw materials, patents, and looking at environmental matters. Modine contends with quite a few firms of heat transfer products, roundabout of which are allocations of superior corporations and which are self-regulating establishments. Modine in addition contends for industry with portions of engineering disunions of around of its key consumers. Mondine should consider to put the customers to be listed alphabetically order. In order to show which customers bought their product during the fiscal year. The order should go as: American Honda Motor Co., Inc., BMW, Caterpillar Company, Chrysler Motor Corporation, Fiat, Ford Motor Company, MAN Truck, Navistar, Paccar, Inc., and Volkswagen. Merchandises remain delivered to these customers on the foundation of discrete acquisition orders obtained from them. When it is in the customer's and Honda’s best interests, Honda should exploit long-standing source arrangements to minimize investment hazards and deliver a established supplier of competitively valued merchandises. To show at the end, that there are no other relationships between Honda and its customers. While Mo has a big backlog of orders, the backlog is not thought noteworthy or material; backlog traditionally has had slight relative to shipments. Modine's products have to show that they...
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...Centralized Vs. Decentralized Organizational Structure Many multinational corporations are increasing in all around the world rapidly. Besides, multinational corporations play a common significant role in globalization. However, the way the corporations are managed is very dissimilar. In this essay, the distinctness of how the multinational corporations are managed, especially the differences between organizational structures of Ford and Honda will be discussed. The background of a multinational corporation is an organization doing business in more than one country. In other words it is an organization or enterprise carrying on business in not only the country where it is registered but also in several other countries. It may also be termed as an international corporation, global giant and worldwide corporation (Shyam Soni, 2012). Ford is one of the earliest international companies in the world. They organize their company with a really wise way – decentralized decision-making. It is generally seen that there are more and more plus points of decentralization for decision-making. It is said by Kuldeep (2012) that decentralized decision-making helps to reduce burden of top executives and they can concentrate to another important tasks of policy-making, coordination and control. He also states that prompt and more accurate decisions can be made near the point of action without consulting higher levels and without waiting for approval of top executives. In the other side,...
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...forms. Discrimination of any form is wrong and should not be tolerated in any business or organization. This writing focuses on discrimination that is based on a disability. The following will identify laws that are in place to protect persons with a disability from being discriminated against. Clarification of a disability, the values, the stockholder’s analysis, issue resolution and the implementation of resolution steps that businesses and organization should take to communicate the unacceptable practice of discrimination due to the disability of workers will be outlined. Issue Clarification Title I and Title V of the Americans with Disabilities Act of 1990 (ADA), which prohibit employment discrimination against qualified individuals with disabilities in the private sector, and in state and local government. The ADA (Americans with Disabilities Act) of 1990 was enacted to eliminate disability discrimination in the workplace. If a person is capable of performing a task, regardless of the disability, employers are required to have appropriate accommodations for these employees. In the business world, many discrimination issues are serious enough for legislation to be constructed around it. One fundamental principle of the ADA is that individuals with disabilities who want to work and are qualified to work must have an equal opportunity to work. Disability discrimination was rampant...
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...HONDA Honda Motor Company, Ltd. (本田技研工業株式会社 Honda Giken Kōgyō KK?, IPA: [honꜜda] ( listen); /ˈhɒndə/) (TYO: 7267) is a Japanesepublic multinational corporation primarily known as a manufacturer of automobiles and motorcycles. Honda has been the world's largest motorcycle manufacturer since 1959,[3][4] as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year.[5] Honda surpassed Nissan in 2001 to become the second-largest Japanese automobile manufacturer.[6][7] As of August 2008, Honda surpassed Chrysler as the fourth largest automobile manufacturer in the United States.[8] Honda was the seventh largest automobile manufacturer in the world behind Toyota, General Motors, Volkswagen AG, Hyundai Motor Group, Ford, and Nissan in 2010.[citation needed] Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft and power generators, amongst others. Since 1986, Honda has been involved with artificial intelligence/robotics research and released their ASIMO robot in 2000. They have also ventured into aerospace with the establishment of GE Honda Aero Engines in 2004 and the Honda HA-420 HondaJet, scheduled to be released in 2012. Honda spends about 5% of its revenues into R&D.[9] From a young...
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...SWOTT Analysis Paper- Honda-Fuel Falon Padron BUS/475 April 29, 2015 Yamil Guevara SWOTT Analysis Paper-Honda-Fuel The following documentation will analyze external, internal, and supply chain analysis that has been proposed for our new Gasoline, and gas station division manufactures by Honda Motors. A SWOTT tables has been added which represent the company’s strength, weakness, opportunity, threat, and trends. Relevant forces and trends will also be discussed in the following document. |SWOTT Analysis | |Strength |Weakness | |- Cater to a variety of vehicles. |Product Range. | |- New innovating signature Fuel. |Similar Competition. | |-Affordable gas price’s. |No Promotion advancements. | |- On site customer service. |Product accessibility. | |Opportunity |Threats ...
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...industry and our education—several of us have studied and worked on problems associated with automobile manufacturing and we are all mechanical engineering graduate students. Analysis Methodology: The report begins with a historical overview of the automotive industry. This is followed by an analysis of the industry’s structural characteristics using Porter’s 5 Forces Model as a framework, which provides an understanding of the automotive industry as a whole in its current state. Next, ten representative companies of varying sizes are analyzed and compared; the chosen companies and selection criteria follow. General Motors, Ford, and Toyota were chosen because they are the current market leaders. DaimlerChrysler, Nissan, Volkswagen, and Honda were chosen because of their status as stable international companies who have been in the automobile business for many years. Hyundai, Maruti Udyog, and Shanghai Automotive Industry Corp., based in Korea, India, and China, respectively, were chosen based on their growth potential and their status as relatively new to the industry. These ten companies are analyzed in terms of their market position, their financial situation, and their management...
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...companies either Toyota or Honda and explain how the company has built and sustained competitive advantage in terms of the following: o Time o Investment o Interconnectedness of capabilities o Causal ambiguity Cite one Indian company that has built and sustained competitive advantage Honda: Honda Motor Company, Limited is a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles. Honda has been the world's largest motorcycle manufacturer since 1959 and eighth largest automobile manufacturer in the world behind General Motors, Volkswagen Group, Toyota, Hyundai Motor Group, Ford, Nissan, and PSA in 2011. From a company who was a supplier of piston rings to Toyota and becoming their competitor there is a lot of story behind. A firm possesses a Sustainable Competitive Advantage (SCA) when it has value-creating processes and positions that cannot be duplicated or imitated by other firms that lead to the production of above normal rents. An SCA is different from a competitive advantage (CA) in that it provides a long-term advantage that is not easily replicated. As an example, Honda's expertise in engines. Honda was able to exploit this core competency to develop a variety of quality products from lawn mowers and snow blowers to trucks and automobiles. Time: Building resources usually takes time and continuous reinforcement, thereby giving first mover an advantage that is difficult to overcome. Honda was always a company...
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...Dipesh K Shrestha Research Paper: Harley Davidson The Harley Davidson Corporation has been dominating motor cycle industry for many decades. At this point, it continues to have a very strong identity in the American market as one of the most trusted motor bikes. The mission statement of Harley Davidson Corporation is “We ride with our customer and apply this deep connection in every market to serve to create.” Background: (Startup and History) Harley Davidson started off with when William S Harley completes a draft of an engine designed to fit into a bicycle. Arthur Davidson joins with William S Harley and provides the first production of Harley Davidson Motorcycle. Harley Davidson bike was built to be a racer bike which has 3-1/8 inch bore and 3-1/2 inch stroke (Hardley Davidson INC, 2001). The home office initially they worked was a 10x15 foot wooden shed with the words- “Harley-Davidson Motor Company” on the door. In 1905, a full time employee is employed at Harley Davidson. Harley Davidson has more than 1300 dealers in 60 countries worldwide. According to Hoovers.com, it has around 6300 employees. Corporate headquarter of Harley Davidson is in Milwaukee, Wisconsin and domestic production facilities are located in various areas such as , East Troy and Tomahawk, Wis.; York, Pa.; and Kansas City, Mo. The company also has its companies beyond USA in countries like Europe, Brazil and Japan. Harley Davidson is long known for its product and services. It has played a huge role...
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...increasing external competition from the public transport sector, as consumers re-evaluate their private vehicle usage. The United States is the world’s largest consumer market for light vehicles, passenger cars and light trucks. The United States auto industry is dominated by the Big Three or General Motors, Ford Motors and Daimler/Chrysler. These three account for roughly a little over half of the production of cars and light trucks in the industry. What has currently started to happen in the recent years is that the Big Three are starting to lose market share to other rivals within the industry. In 2006 the Big Three accounted for 41.5% of light vehicle sales when compared to the top three foreign companies which accounted for 36.6% (Toyota, Honda, & Nissan). Overall the Big Three account for 54.9% of the U.S. market in 2006. This was down from 58.2% in...
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...products where they are sold, and its determination of buying parts where it manufactures vehicles. A. Increased local content is due largely to purchases Honda makes from many of the other 3 Japanese automobile firms that were established during the late 80’s. B. Focusing on 4 regional markets has allowed Honda to develop strong sales, research and development, and manufacturing operations in each region to ensure that the product mix in each region is appropriate to the needs of the region. C. Suppliers are involved in the development process to the extent that they are asked and invited to submit suggestions about how certain designs could be made better, faster, with less weight, or less expensively. Today, purchasing is done by the Honda research and development department. 2. Why is purchasing so important to Honda? The International Purchasing Division of Honda Corporation has full responsibility for coordination between Honda and its overseas plants. Honda’s purchasing department carries out the localization strategy. This strategy involves: A. Finding and qualifying local suppliers B. Developing a second source when volume doubles, or when quality or on-time delivery problems occur. C. In situations in which the goals or the philosophies of the Honda and supplier are mismatched, Honda will respect its contract to do business with the supplier. Along with Q (Quality), C (Cost), D (Delivery), and D (Development), Purchasing have added M (Management)...
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...In the current economic market, a company does not necessarily follow that the best chance possible instead to develop the ability to create competitive advantage by understanding the level of fit between their strengths and upcoming opportunities. In some cases, companies can overcome their weaknesses and to achieve attractive opportunities. In the context of current globalization, the opening up, economic exchange - the water cultures is inevitable and risks in the market for small businesses do not. So SWOT analysis will help the enterprises' balance - close - measure - count "correctly before you decide to enter international markets before penetrating international markets. Since SWOT analysis model is a subjective assessment of the data is sorted by the SWOT format as a logical order and easy to understand, easy to present, to discuss and make decisions, which can be used used in any decision-making process is a useful tool for understanding and decision making in any situation for any organization or business. Distribution SWOT process will provide useful information for connecting the resources and capabilities of the company with a competitive environment where companies operate. SWOT model provides a tool for strategic analysis, review and evaluate the position and orientation of a company or of a business plan. SWOT fit and analysis work in groups, are used in business planning, strategy development, competitor evaluation, marketing, product development and...
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