...and tangible, and intangible objects for a project (Investopedia, 2013). Hemo identified the five units of equipment, 50 boxes of equipment supplies, installation, one-year monitor and test services, and three-year screen and report services as deliverables in the arrangement (Deloitte Development, 2010). Hemo Tech seems to have covered all their bases, assuming that the consumer decides to proceed into a contractual agreement for their equipment and services. Hemo Tech did not include training/ in-service as a deliverable. It is considered a deliverable because it is a service. Most medical equipment vendors readily offer this service as an incentive to purchasing their equipment. It is very necessary because this is the best way to fully ensure the user knows how to use it. The instruction manual is a great guide, but hands-on training is preferred when dealing with medical vendors. Part II Hemo Tech only sells it systems and installations as bundle, it does not sell it items individually. Hemo Tech does not have VSOE for selling prices of its equipment. Hemo Tech does not have TPE for selling prices, neither, due to the more advanced technology of their equipment compared to their competitors. Hemo Tech uses best estimations to determine selling prices by considering the cost taken to manufacture and develop the deliverables. In regards to the discounts on future services, Hemo Tech has VSOE for selling prices, because the supplies are sold separately at...
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...Hemo Tech Case Study Liliana Buzoianu Ayers Keiser University ACG5075 Dr. Bedell May 26, 2013 Intro Bringing a new technology on the medical equipment market, Hemo Tech becomes known on the market by being the only company that is selling a new technology. The new technology is known as BIO-07, new medical equipment that’s innovating the previous model BIO-02 by improving considerably the blood collection process. Hemo Tech signed an exclusivity contract with Extract Co. through which Hemo is offering a large variety of services including, but not limited to supplies, screening and monitoring test services, having the main target of reducing contamination level. Based on the International Financial Reporting Standards, also known as IFRS, Hemo Tech is interested to find out what accounting standards the company needs to use in order to offer more accurate information regarding the deliverables. In the same time FASB (The Financial Accounting Standard Board) was adopted by Hemo Tech, n order to determine which of the products deliverables are or not. One thing to be mentioned is the fact that this new technology that Hemo Tech is using is approved in advance by FDA (Food and Drug Administration). VSOE (Vendor Specific Objective Evidence), TPE (third-party evidence) and ESP (the estimate selling price) become the main point of interest for Hemo Tech, which needs to figure out which of the techniques is the best at serving its needs. Analysis As O’Connor noticed,...
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...The transition from a Socialist approach to a free market approach and the rise of a new high-tech sector are two remarkable shifts that have occurred in the last two decades in Israel. In the face of these changes, human resource (HR) practitioners are currently expected to assume new roles, adopt different work values, and apply appropriate strategies. HR managers in the low-tech industry still adhere to traditional values and strategies, including a reliance on trade unions and an emphasis on job security and the employees’ years of work experience and seniority as key criteria for promotion. In the emerging high-tech sector, HR managers have adopted new values and developed new strategies, including human resource management programs, employee empowerment, higher salaries and better benefits, while placing an emphasis on employees’ talents and qualifications. Source: http://www.emeraldinsight.com/journals.htm/journals.htm?issn=01437720&volume=22&issue=3&articleid=848302&show=html&PHPSESSID=qj5kp1babsuadbfaj 47luam41 Recent changes in Israeli society and economy and their relation to Organizational Politics Over the past three decades, Israel has undergone significant economic, industrial and cultural transformations. These developments have shifted public values considerably and may indirectly affect OP and HR practices. For example, Sagie and Weisberg (2001) maintain that in recent years, Israeli society has gone from being ascetic...
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...CHINA BOOST FOR SENAI HI-TECH PARK Senai Hi-Tech Park, Malaysia's second high technology industrial park, got off to a promising start with investments of more than US$500 million (RM1.7 billion) from two companies in Johor. China-based EQ Solar Technology International Sdn Bhd plans to invest US$500 million to produce solar modules while leading industrial gases provider MOX-Linde Gases Sdn Bhd, through its initial outlay of RM60 million, plans to set up an industrial gases separation plant. Senai High Tech Park chief executive officer (CEO) Datuk Ahmad Shukri Tajudin said this shows that the park is ready to compete as another preferred location for hightechnology manufacturing, research and innovation activities. Located within Iskandar Malaysia, the park has drawn interest from investors in the US, Europe and China. "Interest is in various sectors including semiconductor industry and solar," he said at a media briefing. International Trade and Industry Minister Datuk Seri Mustapa Mohamed, witnessed the signing of the memorandum of understanding in Kuala Lumpur yesterday. "We're expecting a few more similar investments," Mustapa said, without disclosing details. Malaysia has so far attracted several global solar industry players like First Solar, Sunpower and Q-Cells. There are also several domestic investments in solar power projects in Selangor and Sabah. Mustapa hopes that the park will create more jobs, similar to what was achieved at the Kulim Hi-Tech Park in the north. The...
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...over the years. Guillermo Furniture Store Recommendation Analysis and Recommend Financial Decision The economy is weak, new competitors’ establishing a presents, Guillermo must tackle a tough decision, which is to become a furniture distributor or stay on the manufacturing side, or possibility do both. Guillermo understands that change is forth coming and he has to venture forward but the dilemma is what the best alternative is. First Guillermo must analysis the financial alternatives and establish which objective is beneficial for the company. The next step is to gather information and formulate a pro forma cash flow budget to analyze the projected earnings for the next five years for the company (University of Phoenix, 2007). Hi-Tech Option Guillermo established his wealth various years ago because of the low cost in labor along with an extraordinary location for manufacturing. The company’s success has held strong on those foundations until now. There are a few concerns for Guillermo that may cause the company to change the way it does...
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...strategy-oriented HR system case study 1. * Strategically required organizational outcomes: * Good products and good services. Products and services is always the most important thing for a manufacturing company. Siemens has become a world leader by diversifying into hi-tech products and services, it need to maintain this advantage and develop it even further to achieve more. * Going global and expand. Globalization gives big companies a chance to expand rapidly. Siemens has succeeded in going global but this is a long way, it still needs more expansion into more countries or areas that are not covered yet. * Positive brand image. A good company image is extraordinarily important to the company’s healthy development. Siemens needs to keep customers satisfied both with its products and services, which helps it to get more market share and expand even faster. * A good employee selection, training and compensation system. The company not just need to keep customers satisfied, it has to keep employees happy too. So that it can work more efficiently and effectively. * Required workforce competencies and behaviors: * Learning on a continuing basis. Siemens is in high-tech business so the nature decided that its employees need to learn new things every day. * Good teamwork. The ability to work with people is essential in such big corporation. Especially when it’s going global. * Mutual respect and appreciation of workforce diversity. Siemens...
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...DARA & SON PVT. LTD Rohini, Sec. 29, New Delhi Research Paper by Manish Bhatt and Prabhudas Lilladher ATTRACTIVE MIDCAPS AMONGST RECENT IPO ISSUES:- [pic]Tech Mahindra and GMR Infrastructure have once again raised interest in the IPO segment. While Tech Mahindra and GMR Infra are obvious choices experts are also bullish on Nectar Life sciences, Unity Infra, All cargo Global and…With over subscription of Voltamp Transformer recently experts give attractive midcap picks from this fraternity for the long-term. Future business model, sound managements, availability at prices below their issue price, attractive valuations, niche positioning within their industry and future growth are important reasons why investors should log on to these IPOs feel a bevy of experts Money control spoke with. Apart from that Keynote Capitals in its report titled ‘Attractive Recently Listed Midcap Stocks’ have mentioned names like Nectar Life sciences, Repro India, Talbros Automotive and K Sera. While a number of them are available at a substantial premium to their offer price, six of them are still quoting at a discount to their issue price. Everest Kanto looks pretty good at current levels for the long term. All cargo Global also looks good in the recently listed midcap IPOs. Both the companies are in a niche segment and have done quite well on the fundamentals post-listing. Everest Kanto ranks first as far as LPG cylinder manufacturing is concerned. It posted fairly...
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...NAME: Meghna Shrivastava STUDENT ID: c7080738 COURSE: B.A (HONS) International Business MODULE: Management of International Business MODULE TUTOR: Mr. Ashish Tripathi EXECUTIVE SUMMARY Club Mahindra holiday is a consumers service industry which is part of Mahindra group having infrastructure of US $ 14.4 million. Under Club Mahindra flagship Mahindra Holiday and Resorts India Ltd (MHRIL) was started in 1996 as a realty sector of Mahindra group brought up for bring values, reliabilities and trust and customer satisfaction. Club Mahindra has got an affiliation with RCI which consist of 60% of the service industry market share, which make Mahindra holiday timeshares largest holiday ownership brand in India. Apart from being a customer centric company club Mahindra performs various Corporate Social Responsibilities for the well fare of people, employees, its customers and environment. According to CESD, 2007 Tourism is becoming one of the largest business sector in the world showing 2005 receipt of international tourism reaching $6.82 trillion. Club Mahindra performs in service industry where revenue produced in 2008 by service industry was $4,028.6 billion showing CAGE OF 6.3% from 2004-08. (Datamonitor, 2009) Furthermore, club Mahindra perform or exist in environment where customers has the power to control the market. Whereas, large number of suppliers weakens them from leading, new entrants in service industry is very easy but the threat of substitutes and...
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... Born Global firms often possess unique resources and capabilities such as entrepreneurial orientation of the founders, innovation behind products and technology, accumulated knowledge of the founders and managers from previous work experience, and networking capabilities. Managers with a previous background of international strong activity will give to the company a more sure address to its business expansion, for this reason a high level of entrepreneurial orientation supports the firm´s ability to recognize and create opportunities at an early stage. It can be argued that Born Global firms are typically found in niche business areas where products are unique, and require high amount of research and development like the high tech business area. It is very important to invest in products with a short life cycle and high technology sectors are characterized by this necessity of a continued innovation which can protect those firms and products from any imitation. As for geographic locations of these Born Global firms, their headquarters can be found in various countries, such as the United States, United Kingdom, Switzerland… Rich and large countries give birth to Born...
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...Resource i.) R&D has 3 engineers ii.) Micrologic has 13 employees. iii.) Hilary De Leon hires people from only top 4 engineering schools. V. Social Responsibility Application i.) Encourage people to improve their lives. ii.) Give employment iii.) Payment of taxes to the government VI. Statement of the Problem How can Micrologic excel in Technological industry? VII. Statement of Objectives a. Long term To be the best in Research and Developing by having both Filipino and Foreign scientists and engineers. b. Short term To make sure that there would be a development In their support facilities in a year. VIII. SWOT Analysis A. Strengths i.) The company is known for their high-tech products with creative designs ii.) The company is both locally and internationally...
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...Industry Analysis: 1. Industry trends: Indian and Global perspectives, recent happenings Mahindra & Mahindra Ltd. is the flagship company of the Mahindra group presence in the Aerospace, Agribusiness, Automobile, Components, Defense, Energy, Farm Equipment and Logistics industries. Let take a look at the industry trends in its main line of business Automotive and Farm Equipment. Automotive Industry: The Society of Indian Automobile Manufacturers (SIAM) plans to propel the Indian Auto industry to a global $145 bn industry by 2016 whilst promoting sustainability by addressing the multiple challenges arising out of emissions, climate change, energy security and safety. It plans to achieve its target by increasing competitiveness between the local rivals and put in efforts to bring in more eco-friendly products. The automotive industry has a highly cyclic demand and looking at the current global and national economic scenario it is in for some tough times. Also with high inflation and increasing presence of global heavy weights in the local market, the Indian Automotive Industry is in for its biggest test till date. Also attention must be focused on using technology to built more fuel efficient cars, hybrid cars, cars with lower CO 2 emission. Companies will need to maintain a balance with their investments in technology and profits in order to have a sustainable growth and also look to expand to global markets. On the global scale the...
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...The paper is mainly about the management of the high-tech companies in a successful way. The article is written as the result of a research that exceeds two decades which consists of surveys and interviews with several CEOs and executives from different high-tech industries and different-sized firms. In the article the authors define six key headings for a successful management of high-tech companies. After explaining all, they also put these topics in two groups which are paradoxical. The themes mentioned in the article which are “business focus”, “organizational cohesion” and “sense of integrity” represent the static and stable side of the paradox. On the other hand “adaptability”, “entrepreneurial culture” and “hands-on top management” are dynamic and changing side of the paradox. Six themes of the successful high-tech management that are mentioned in the article: Business Focus: To succeed as a technology firm, companies should focus their attention on production lines, R&D stage and business priorities. Instead of making effort for irrelevant and wide product portfolio, they should concentrate on well-known and well-done products, areas or trying to create new product lines or business opportunities which are related to these. For the technological leadership of the companies, R&D expenses also should be enduring in a few areas instead of being in many areas and discontinuous. Adaptability: A high technology company should be able to adapt and lead the rapid changes...
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...Smartix Case HBS Smartix 1. Imagine that you are Vivek Khuller. Should you accept the offer from MSG? I don’t believe that I would take the offer from MSG. Here’s the problem with not taking the deal: Accel is relying on the MSG deal far greater than anticipated, and the deal with Accel has a high probability of falling through once it is discovered MSG may not be participating in the way Accel is anticipating. The other issue at hand is that without the Accel deal, Smartix is nearly out of time and the funds required to continue aggressively pursuing the project. An alternative for Smartix in this situation is to scale it back and seek out a slightly smaller deal. They have the capacity to do so and it seems that they were aiming rather ambitiously with MSG. If they wanted to reassess their end game and dial it down some, they have the opportunity to connect with a slightly smaller venue or company and they have a short amount of time to do so. Another alternative to accepting the MSG deal is for the founders to gain outside employment in an effort to sustain themselves while they regroup Smartix to succeed under their terms. They all know that the last thing they want to do after all their hard work is become MSG employees. In the end, don’t accept a subpar deal if you know your venture is worth more. 2. Should Vivek have tried to start this venture without co-founders? Could he have been a solo founder? While not doubting his competence or his ability to...
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...QUESTIONS 1. What does this case imply about the supply of and demand for employers and the implications for businesses? The case implies that there is a high demand for employees especially in the high tech industry but the supply is low and has not been met by the volume of the demand making the implications critical for businesses. These organizations are having to step out of the box and go the extra length to ensure they are able to acquire the savvy tech from an early stage. Using tools outside of the normal resume check alongside the educational background, these Companies are able to now “catch them young” by scouting for qualified candidates with needed skills, and recruiting them from colleges instead of waiting till they have completely finished their degree. For instance IBM has made use of its famous Watson computer in certain top schools giving students a chance to challenge the computer. The outcome of these approach will help IBM to narrow down which students to consider and they will work towards luring such students to consider a career at IBM (Robins 2013). As the competition is quite high in this industry, business always have to be creative in their search for talents, be on their toes and pull out all stops in trying to convince potential candidates to choose them instead of their competitors. While some are still struggling to come up with various approach to help them acquire more qualified candidate, the race is still on for the rest in trying to get...
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...technology called Air Multiplier, this bladeless table fan generates smooth and uninterrupted airflow. It has many benefits that attract customers’ attention. For instance, since the structure of Dyson table fan is simply consisted of a circle which is used to generate airflow and an elliptical base which has switches. Therefore, it is very easy to clean because people do not need to take it apart as traditional ones before clean it. Also, because there are no blades, people will not hurt themselves when their hands are in the fan by accident. This is essentially important as many children hurt themselves by being cut by fan blades. Furthermore, the shape and looking of Dyson table fan are also reasons why people like it. It looks modern and high tech, and most importantly, it breaks the traditional idea of fans in people’s mind. The positioning of Dyson table fan is clear and specific. Firstly, they target on people who like modern style and working in office. The fan is small but efficient and also easy to clean for busy people. Then, housewives and families with children are their second target. Dyson focuses on safety and easy to clean while they are promoting their product to this group of people. The perceptions of consumers Dyson’s product are mainly vision and touch. As I mentioned above, on one hand, some people like it because of its modern looking color and appearance. On the other hand, some consumers like the airflow that it makes and feel comfortable. The motivation...
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