...Carnegie welcomes changes and adapts to change when others cant or wont. Some of his first jobs that he was good at…was able to do morse code by sound. Carnegie started in the railroad businees, the big business of the cutting edge industry. The telegraph was useful for trains to know when the train is coming through the line in an area. The telegraph was useful in spacing the trains out. To prevent deaths and damaging property. Deals with speed and deals with safety. Connection of steel to the railroad industry in the railroad tracks. On the ethical side, Tedlow views Carnegie as both good and bad. Gives money to build libraries on college campuses. Said you should be disgraced if you die with money in the bank, though he himself died with $40 million in the bank. Signed a telegraph message with his bosses name, an unethical lie but turned out fine and his boss Scott approved of it. Being a leader in a difficult situation and making a good decision. He had told the truth it could have potentially changed his future. Tedlow criticized him for his attitude toward labor and employees. In the 19th centuries there are pitch battles and violence over working conditions in steel mills. They work long hours doing dangerous and dirty work. Carnegie’s attitude toward labor, during Homestead the strike that calls out troops. Henry Frick, no-nonsense guy that doesn’t deal with the union but suppresses it left in charge when Carnegie leaves for Scotland. Doesn’t...
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...strategic variables CONTEXT: Starbucks was started in 1971 and is famous for its quality fresh-roasted coffee beans. An internal variable that Strabucks have is its resource and capabilty. It is a financially sound company which have a rapid pace of growth both domestically and internationally. The majority of their stores are located on the international market in over 62 countries contributing significantly to them being the market leader in the coffee industry. To be able to operate on such a global scale signifies strength of the company’s internal resources and capabilities. During the recession in 2008, their stock price went down significantly, but the profits were hardly affected. Starbucks also focus its resources on giving back to society as well; helping to improve social and economical conditions for small coffee farmers, provide financial help to community literacy in developing countries in which it operates and a major contributor of the Worldwide relief Development Organization. Its present consolidated revenues for quarter one of 2014 were $4.2 billion which is and increase of 12% over quarter one of 2013; this was due to 5% growth in global store sales. With the resources that Starbucks have had enabled them to expand globally on a rapid pace not to mention its manpower team (employees) whom is of utmost value to the organization making it what it is today. From initiation, the starbucks business culture have prevailed; its corporate value and business principles...
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...chapter 12 13 i think the government is playing its role in ensuring that the food supplied by the business is safe and invidual rights are protected as it is required by law to include the ingrdiants on the package to aware the consumer for any harmfull effects that might happen by the consumption of the particular food , however there is still a lot of room left where government can play its part. i am a manager at walmart and from my personal experience there are lot of rules and regualulations are implied by the government when i was hired as a manager i have to pass the federal test for food safety. in order to pass the test i had to learn the temeperatures at which a particular food should be cooked and held besides that in walmart stores all the product in fresh produce area are labeled with either its organic , non-organic along with the country of orgin. the descriptive tags are attached with the shelf to privide information and ingridants that is readily available for the consumer.there are visits in the store by food inspector once a week to make sure the cleanliness and the things are there where they are supposed to be. i think the key to it is how the business implement on the rules and guidlines given by the government when it comes to food areas.the government can make it better by doing more frequent surprise visits and also check the point of origin where the food is coming from. chap 7 stages of citizenship Corporate citizenship...
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...rketing TABLE OF CONTENT Assignment Question 1) Introduction International Marketing Sony Corporation company’s background overview • Sony Rolly Figure 1.2 2) Situational analysis PESTLE analysis • What is PESTLE analysis? • Figure 2.2 • Sony’s Pestle analysis SWOT analysis • Sony’s SWOT analysis Figure 2.3 Marketing mix (4p’s) • Product • Promotion • Price • Place (distribution) 3) International Marketing Objective SMART (corporate objectives) Sony’s Mission and Vission statement 4) Marketing Strategy Ansoff’s Matrix Market Entry methods Segmentation, targeting and positioning Assignment Question Produce an international marketing plan that will introduce a consumer brand sold in your home market into a country in which it is currently not available. Introduction International Marketing As you can see that nowadays, a majority of organization try to market their products internationally. There are some reasons why they want to market it internationally and the reasons are to saturated their home market, competition, excess capacity, product life cycle differences, geographic diversification, comparative advantage in product, skill and technology, organizational reasons and lastly is the financial reasons (Walsh., L.S., 1993). International marketing can be defined as the performance of the business activities that is specially designed...
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...CHAPTER IINTRODUCTION 1.1 Background of Case Study Selection Compensation is the remuneration received by an employee in return for his/her contribution to the organization. It is an organized practice that involves balancing the work-employee relation by providing monetary and non-monetary benefits to employees.Researcher are interested in doing research on the company becauseresearcher wanted to learn more about control system especially managementcompensation, both theoretical and practical. Lincoln Electric Company one of companies has realize the method of control system especially managementcompensation in their company.In the Lincoln Electric Company, researcher get knowledge of control systemespecially management compensation, particularly its association with corporate profits. However, in its application is often the application of compensation hasexperienced various problems and constraints. So also happened in the LincolnElectric Company.Every company absolutely has a strategy to sustainable them company. The top priority of Lincoln is customer. Company always sensitive with consumer needs.Certainly, the firm’s customer wants to get the best price and the best quality. And, product of Lincoln fulfill it. Lincoln also concerns employee and stockholders needs.Management compensation always was determined by a wage survey of similar jobsin Cleveland area where the company do operational process. Lincoln ElectricCompany is a good example for other company which is concern...
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...17-08-2012 17-08-2012 Submitted to: Prof. N. R. Govinda Sharma Submitted to: Prof. N. R. Govinda Sharma by by Group A10 THE AVENGERS Group A10 THE AVENGERS RASNA Strategic Memo Final Report RASNA Strategic Memo Final Report Table of Contents ABSTRACT 3 BRIEF ABOUT THE SDC INDUSTRY 4 Rasna and its Products 4 Description of the situation 5 Strategy Formulation for Rasna Company 6 1. Input Stage (Formulation Framework) 6 SWOT 6 External Factor Evaluation (EFE) matrix 8 Internal Factors Evaluation (IFE) matrix: 9 2. Matching Stage 10 Competitive Advantage (CA) 10 Financial Strength (FS) 11 Industry Strength (IS) 11 Environmental Stability (ES) 11 3. Decision Stage 13 STRATEGIC IMPORTANCE 16 JUICE INDUSTRY 16 RESOURCES FOR NEW STRATEGY AS CONCENTRIC DIVERSIFICATION 17 mARKETING 17 Brand Strategy 17 Distribution Channel 17 Competitor Analysis 18 finance 19 Internal retained earning 20 Take loan from bank 20 Issue bond/debenture 20 Issue equity 20 Right issue 20 Venture capital 20 Human resource management 20 Job description 20 Job specification 20 Recruitment 20 Selection 21 Training & development 21 Performance evaluation 21 BALANCE SCORECARD TO CHECK STRATEGY EFFECTIVENESS 22 RECOMMENDATION 24 Bibliography 25 ABSTRACT Soft Drink Concentrate market (SDC) of India is 500 crore market. This market is getting in weak situation, main reason being today people in India do not find enough time to mix concentrate in...
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...Susan Walsh Sanderson Lally School of Management Rensselaer Polytechnic Institute Troy, New York 12180 Phone: 518-276-2933 Fax: 518-276-8661 Email:sandes@rpi.edu May, 2008 CURRENT POSITION ASSOCIATE PROFESSOR (with tenure). School of Management Rensselaer Polytechnic Institute, Affiliate of Sloan Foundation Industry Studies Centers Major Interests: • Innovation Management • Product Design, Marketing and Brand Management • Innovative Teaching Approaches (Multimedia Enhanced on campus and Distance Learning) AWARDS 1995 Boeing Outstanding Educator Award Hesburg Award Team (for Educational Innovation) In 1995, I was a co-recipient of the Boeing Outstanding Educator Award and a member of the team receiving the Hesburg Award for Educational Innovation TEACHING Teaching Role. My recent teaching has been in Rensselaer’s resident MBA program (both full and parttime), Professional and Distance Education Program and undergraduate programs. My research and teaching have made important contributions to efforts to build the marketing and management and technology curricula in the School of Management at Rensselaer and at other universities who have adopted our teaching materials. As a pioneer in interactive leaning material on product development and manufacturing, I have developed several interactive multimedia cases and collaborated on the development of simulations designed to teach marketing principles and bridge management and engineering disciplines. The simulations teach marketing...
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...Corporate Social Responsibility and Accounting - A Literature Review Master thesis in Financial Accounting Fall semester 2012 Supervisor: Kristina Jonäll Author: Ulla-Christel Götherström Abstract Master Thesis in Financial Accounting, School of Business, Economics and Law, University of Gothenburg, fall semester 2012 Author: Ulla-Christel Götherström Supervisor: Kristina Jonäll Title: Corporate Social Responsibility and Accounting - A literature review. Background and problem: Corporate Social Responsibility (CSR) is an area which has gained much attention the last 10-15 years. To satisfy various stakeholders, corporate social responsibility has increased its importance and often constitutes a substantial part of the firms´ financial reports, in spite of the fact that there are no legal requirements. However, to perform strategic CSR-reporting has become more or less compulsory for firms. The research question is: What research has been performed in the area of corporate social responsibility and accounting? Aim: The aim is to provide a structured overview of the literature in the area of corporate social responsibility and accounting regarding the years 2002-2012. The overview will provide a basis for future research and constitute a framework for focused research question. Delimitation: The focus of this study is on research published in scientific journals from 2002 until 2012. Method: A literature review was performed including peer-reviewed papers...
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...EXECUTIVE SUMMARY Type of Business E.S. Food Corporation is a corporation established in 2013 that will offer a new product and made from vegetables and fish. The company’s goal is to endorse the production of healthy patties made from organic ingredients. Management Highlights E.S. Food Corporation chose corporation as our form of organization. It is formed and authorized by law to act as a single person although constituted by one or more persons and legally endowed with various rights and duties including the capacity of succession. The associates are known as shareholders and each of their shares in the ownership, control and profits of the corporation is determined by the portion of shares in the company that they own. Success of the company will depend on the input, perseverance and endeavour that they will be providing. Marketing Highlights The company focus their energies on the food industry, particularly- burger patties, which is made up of horseradish and mongo beans. It is low in cholesterol, rich in protein and fights against cancer. Our product is new to the food business ventures that may capture the attention of those who are food lovers through with the product’s Unique Selling Proposition. We see this as an opportunity and advantage to generate effectual marketing and advertising. Financial Highlights The study of the financial stability of the company will only consider years 2014 to 2018 financial accounts. The figures we have in...
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...The law of contract A contract is an agreement giving rise to obligations which are enforced or recognized by law. A contract is a legally binding agreement which is enforceable in law. Formality: the law imposes no requirements regarding the form that a contract takes. Generally, a contract made orally is just as valid in law as written contract signed by both parties. 如果there is some good reason for doing so, 这时候law 就会impose requirements. 三种不同的requirements： 1. required to be made by deed (deed 是一个legal document专门用来create right的，formality更加的strict). 例如:有关land的interest问题，合同长度超度3年的， lack consideration的合同(这种lack consideration的合同一般认为not binding 除非made by deed) 2. required to be in writing. 例如： 有关land的sale的问题，bills of exchange（必须sighed），credit &hire-purchase(分期付款) agreements(必须contain certain information 3. required to be evidenced in writing (不需要一定in writing， 但是如果不evidenced in writing的话就会unenforceable, 必须有written evidence 来证明the agreement has been made). 例如：关于guarantee的合同 Guarantee 与indemnity（赔偿、损害保障）的区别：guarantee：如果B fails to pay, A就promise to pay，需要evidenced in writing. Indemnity: 无论出了什么事，不考虑B的liability， in any event, A都会pay for B, 是normal contract,不需要evidenced in writing。 E-commerce & formalities: a contractual offer sent by email 同样被当做being in writing,如果the name is included in the email text 就当做sender已经sign the document. Capacity: the ability to enter into a binding contract. 条件：all living sober(清醒不醉酒) adults of sound(健全完好有智力的) mind. Minor(未成年人)：lack of capacity， 通常这时候contract不是void的，对方无权enforce也不能因为那人是minor而escape...
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