...Running he WHIRL ead: LPOOL’s GL LOBAL STR RATEGY CA ANAL ASE LYSIS Whirlpool Co W orporation’s Global Str s rategy Case Analysis International Man nagement – Assignmen 2 nt Candidate: Emad Abou uElgheit ISM - International School of Manageme f ent Doctor of Philosophy ( P (Ph.D.) Presented to: Professor Peter Horn t P 26 July 201119 July 2011 1 Word Coun 3,706 nt: 1 WHIRLPOOL’s GLOBAL STRATEGY CASE ANALYSIS 2 Abstract The paper analyses Whirlpool Corporation’s Global Strategy case study conducted in the year 2001. The paper aims to spot key reasons behind the declining performance the company experienced in the late 1990s a few years after the start of its globalization plan in the year 1987. The plan initiated under the new leadership of David Whitwam encountered many problems in its early stages illustrated in a declining profitability in its home market, losses in the European market and failure in some of its joint ventures in the Asian market.1 With such poor performance and failure in achieving competitive edges in global markets, Whirlpool was at a great risk of losing huge investments made in foreign markets, and losing highly-potential market shares in emerging international markets to aggressive competitors. The paper illustrates core strategic mistakes around three main strategies; sourcing and operations, entry, and marketing strategies adopted. The goal is to address lessons learned from Whirlpool’s experience ...
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... In an effort to beat out strong foreign competition from in the small car market, Ford Motor Company produced the Ford Pinto in 1970. Before this time, Ford dominated in the production of larger vehicles and never was considered a contender in the small car market. Lee Iacocca wanted to change this, as Europe had made fast strides to match America in the automobile market by 1970. Europe and Asia benefited from the small car market, as it was easier to ship vehicles and thus expanding their business into other countries and making them very popular in the world market. America was limited in their ability to expand their current market to other countries, as shipping these excessively larger vehicles was not practical. America could only expand business to Canada and Mexico, so the Ford Pinto would be an important opportunity for American automobile market. Lee Iacocca wanted the Ford Pinto in showrooms for the new 1971 line of automobiles, which would make it the fastest produced vehicle in history. Normally, vehicles took three and half years to make from conception to production, so producing a car within two years would turn out to become Fords most disastrous and costly decision. During...
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...Running he WHIRL ead: LPOOL’s GL LOBAL STR RATEGY CA ANAL ASE LYSIS 1 Whirlpool Co W orporation’s Global Str s rategy Case Analysis International Man nagement – Assignmen 2 nt Candidate: Emad Abou uElgheit ISM - International School of Manageme f ent Doctor of Philosophy ( P (Ph.D.) Presented to: Professor Peter Horn t P 26 July 201119 July 2011 1 Word Coun 3,706 nt: WHIRLPOOL’s GLOBAL STRATEGY CASE ANALYSIS 2 Abstract The paper analyses Whirlpool Corporation’s Global Strategy case study conducted in the year 2001. The paper aims to spot key reasons behind the declining performance the company experienced in the late 1990s a few years after the start of its globalization plan in the year 1987. The plan initiated under the new leadership of David Whitwam encountered many problems in its early stages illustrated in a declining profitability in its home market, losses in the European market and failure in some of its joint ventures in the Asian market.1 With such poor performance and failure in achieving competitive edges in global markets, Whirlpool was at a great risk of losing huge investments made in foreign markets, and losing highly-potential market shares in emerging international markets to aggressive competitors. The paper illustrates core strategic mistakes around three main strategies; sourcing and operations, entry, and marketing strategies adopted. The goal is to address lessons learned from Whirlpool’s experience in globalization in order to shed...
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...amount of work on outlining the essay. Also given the time constraint of writing the essay I don’t think it would be best to spend more time than I did on the outline because I barely finished the essay. Introduction: I think my essay has an engaging hook by using a quote from the prompt we were given. I take a position firmly not discrediting everything Thomas Paine says just that America isn’t together. I don’t really address the prompt’s background information just saying that America then is different from today. I think with saying that the audience can assume when Thomas Paine wrote that quote it was in a different time period. I think my thesis does effectively address the prompt. I think it just shortens the quote which I think makes the argument better by not fully disagreeing with Thomas Paine on all front just with one thing. Body: I think my body paragraphs flow logically. I chose to order them by the time period I deem the issue fits. Since fighting over religion is a thing you see time and time again throughout history I chose to put that since it not only a problem in America but lasting problem in the world. Then I put the systematic problems we have in the lower class people of America’s neighborhood and since so many things play off one another in this scenario it is deeply rooted problem. So I had to have my second paragraph talk about this conundrum since it is a long going problem as well. Then my last body paragraph seems like the most recent problem...
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...Tae-Woo Lee and Stephen K. Gray Chemistry Division and Center for Nanoscale Materials, Argonne National Laboratory, Argonne, IL 60439 twlee@anl.gov, gray@tcg.anl.gov Abstract: We discuss how light can be efficiently bent by nanoscale-width slit waveguides in metals. The discussion is based on accurate numerical solutions of Maxwell's equations. Our results, using a realistic model for silver at optical wavelengths, show that good right-angle bending transmission can be achieved for wavelengths λ > 600 nm. An approximate stop-band at lower wavelengths also occurs, which can be partly understood in terms of a dispersion curve analysis. The bending efficiency is shown to correlate with a focusing effect at the inner bend corner. Finally, we show that good bending transmission can even arise out of U-turn structures. ©2005 Optical Society of America OCIS codes: (240.6680) Surface plasmons; (260.3910) Metals, optics of; (130.2790) Guided waves References and Links 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. W. L. Barnes, A. Dereux, and T. W. Ebbesen, "Surface plasmon subwavelength optics," Nature (London) 424, 824-830 (2003). A. V. Zayats and I. I. Smolyaninov, "Near field photonics: surface plasmon polaritons and localized surface plasmons," J. Opt. A: Pure Appl. Opt. 5, S16-S50 (2003). T. W. Ebbesen, H. J. Lezec, H. F. Ghaemi, T. Thio, and P. Wolff, "Extraordinary optical transmission through sub-wavelength hole arrays," Nature (London)...
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...magic weight loss pill they try, they cannot seem to find a thing that will keep weight gain at bay. What many people do not realize is that the food they put in their mouths affects not only their weight, but the way their body and mind function. With the overwhelming amount of fast food restaurants taking place in towns all over this country, unhealthy eating becomes a habit for many people when in a crunch for time. There are 240,115 fast food restaurants in America alone and only 37,716 super markets in the US; this means that for every seven fast food restaurants there is only one grocery store in our Nation. So where are citizens to turn when looking for something to eat? When the odds are seven to one, statistically you'd be more likely to choose the fast food restaurants almost every time. By increasing the amount of healthier store alternatives in the US we can give Americans accessibility to more affordable, healthier options, and the equal choices the people of America deserve. For many people across America eating healthy is a difficult thing to do, because they do not know where to start. This becomes even more difficult when they do not have a grocery store near by in order to purchase healthier alternatives. Grocery stores offer fresher fruits, vegetables, and many now offer organic meats and milk. In the article “Escape from the Western Diet” by Michael Pollan he writes of how important it is for the health of American’s to eat a diet with less refined foods....
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...strain on the health care system and on employers as well. According to an article regarding obesity in America, a report from The trust for America’s health, Texas now has the 11th highest obesity rate in the nation (“Better Policies” par.2). Obesity rates are above 35 percent for the first time ever. As obesity rises to an all-time high in the United States, more and more employees are implementing workplace wellness programs. These programs range from simply offering information to workers, to subsidized healthy lunches, fitness education, and a company gym. I would like to propose that a gym membership be provided to all 32 employees of this company, in hopes that it will bring you lowered expenses in return in the form of better performing workers, lower absenteeism, and overall lower health care costs. Employees are the most valuable assets to any company. Here is why workplace wellness programs should matter to you. * Problem Analysis Obesity in America has been an ongoing, and widely publicized issue for years. According to the Surgeon General, nearly two out of every three people in this country are obese (Hobbs, par.2). There are many reasons for the obesity epidemic, however many of them are things that can be adjusted on an individual basis. Poor nutrition is a huge contributor to obesity. We live in a society where fast food restaurants are on every corner, and where a greasy hamburger costs $1 and a healthy salad costs $7. Poor nutrition has...
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...Harley-Davidson/Ducati Case Study November 20, 2013 Question 1 Ducati: Ducati is an Italian motorcycle manufacturing company that is renowned for its high performance and stylish motorcycles. Ducati is committed to racing competitions, state of the art design, style, and most importantly, an immense passion for bikes. Ducati has created a strong bond with its customers, beginning on the racetracks and spreading worldwide. Ducati builds high performance bikes for bike enthusiasts, known as “Ducatisti”. Ducastisti are individuals who value performance as the main attribute in a motorcycle. Since Ducati delivers this, it creates brand loyalty. Since the early 90s, Ducati has created a distinctive community image with local and national Ducati enthusiast clubs by placing Ducati as a symbol of refined skills and craftsmanship that every motorcycle evokes and represents. In the World Superbike Championship, Ducati has won 15 out of the last 18 Riders’ titles and 16 Manufacturers’ titles. In conclusion, Ducati customers are confident that they are purchasing high performance motorcycles. Harley Haley Davidson is exhibited as an American icon. Consumers view and associate Harley Davidson with riders, wear leather, have tattoos and with police officers, military dispatch riders and motorcycle gangs. Harley’s image is also viewed as something that is catered for and used by Caucasian American males in their 40-50 (Nolan pg.2-3).Harley Davidson’s riders feel a lifestyle connection...
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...Rewards at MetLife Alico * Presented by : * * Outline I. Introduction Overview of the Insurance Industry Company Profile I. Motivation General Overview Financial Rewards II. Financial Rewards at MetLife Alico III. Analysis of findings IV. Conclusions and Recommendations V. Appendix I- Introduction * Introduction The Insurance Industry in Lebanon * Open & liberal market * 60 insurance companies * Top 10 companies account for 60% of total premiums * Gross premiums per operating company have improved between 1997 and 2002 * Introduction * Life insurance sector is very developed relative to other Arab countries * Top 5 insurance companies: 1. - Arope Insurance 2. - Mednet Liban 3. - Libano- Suisse 4. - MedGulf 5. - MetLife Alico * Introduction Alico’s Profile: * American Life Insurance Company (Alico) is one of the largest leading insurance companies in the world * 1921: Established in Shanghai – China * 1960’s: Moved to Wilmmengtion- Delaware * 1980`s: Operating in Latin America , Middle East and Europe * Aim: “for market leadership and profitable growth, employing local talent and empowering individuals to perform at very high levels.” * Introduction Alico in Lebanon : * Leading life insurance company since 1953 * Main office in Verdun, Beirut ...
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...he can’t explain. Bassanio, a friend of Antonio, enters the scene. He just came back from a trip, which was paid by Antonio. On the trip, he saw an heiress called Portia in Belmont. Portia is beautiful, clever and not to mention very rich. Bassanio wants to merry Portia, but he doesn’t have the money to go to Belmont. Antonio is paying for everything that Bassanio does, and again he will pay for the trip. The only problem is that all Antonio’s money is being held at sea. Antonio and Bassanio decides to go around town and raise the money. Meanwhile, Portia has to get married, but she can’t decide who she wants herself. Her father, before his death, made a test. Tre boxes, one gold, one silver and one bronze. Then suitors from the four corners of the world is coming and has to pick one of the boxes. The box with a picture of Portia, gets to marry her. Portia is complaining about all the men that comes to see her because she says there is something wrong with each and one of them. Antonio and Bassanio goes to a man named Shylock to borrow 3.000 ducats. Bassanio borrows them on Antonio’s credit. The only problem there is, is that Antonio hates Jews and is disdainful against Shylock whenever he has the chance. Shylock will loan the money to Antonio if Antonio signs a bond, saying that if the money goes unpaid, shylock will have one pound of Antonio’s flesh. Antonio signs the bond because he is sure he will have the money from his...
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...as a major problem that would lead to an economic evolution. The main reason he foresaw an evolution was due to the recurrent nature of income inequality. In an income inequality situation, the richer keep getting richer due to a better income, while the poor keep getting poorer. The gap between the top earners and the low-income earners keeps widening in an income inequality situation. In America, almost 95% of the national wealth is under 5% ownership; this situation leaves 95% of the population to scrounge for the limited 5% wealth (DeNavas et. Al, 2005). Introduction In order to understand the complexities of economic inequality, the best specimen to use for the study is a family. In the study, the family’s income is under analysis, and then the family members ranked from the lowest income earner to the highest income earner. After the ranking, the incomes aid in establishing a Lorenz curve that is important in analysis of income. In order for a Lorenz curve to be correct, the incomes of the family members have to be divided into fifths (Lorenz, 1905). A Lorenz curve enables analysis of data by adding the percentage value of the lowest fifth to the next higher fifth, which becomes the first point of the curve. The second point in the curve comes about through adding the first...
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...Dwayne Curry English 101 Dr. Rita Kumar 11 November 2009 AD Analysis of Reebok Advertisements The articles I chose come from the same exact magazine just different publish dates. They are targeting the exact same youth but in very different ways. My goal is to break the their interpretations and show what the ads are trying to represent in the companies eye. Reaching the target audience is the key for sales and with marketing departments being the the crucial part of business you know they are always coming up with ways to find them. My first Reebok article is cut in half. On one side of the photograph is superstar rap artists Jay-Z. The other side of the photograph is a picture of the projects he grew up in. You are able to catch a glimpse of a drug dealer's arm which has abut six rubber bands around it. In Jay-Z's part of the photograph he's in the penthouse suite overlooking downtown New York City. He's in a professional suit and is sitting in an expensive brown lunge chair. The other side of the photograph is black and white unlike Jay-Z's portion. Your able to really see the details of the photograph of an image portraying a younger Shawn Carter “aka” Jay-Z. This little article has an amazing amount of subtle messages. At first glance it's hard to figure out what exactly is the advertisement trying to sell. You see a strategically place Reebok symbol place in the lower right hand corner of the photo. It makes the reader have to search and by doing that that get...
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...How Can Technology Help Law Enforcement in the United State of America Combat Crime Name Institution Organized crime has been a serious concern in the Unites States America for numerous years. The Mafia group was the first known to be an organized crime gang. The Mafia has been powerful organized crime group existed since the 1970’s. The group was known to be planning on how to hijack the people of the United State of America. Technology can help fight organized crimes and safeguard the United States of America. The United States believes that people planning criminal activities should exist in countries that are not stable or rather be in countries that are always in conflict within the nation. The third world countries are the most affected. The main reason is because the countries lack modern and insufficient lawmakers and law enforcement personnel. These countries are not able to purchase the modern technology to fight organized crimes. The agenda should be able to share the intelligence information among the neighboring countries to allow safety and peace among the neighboring countries. The united states should form a network of anti crime which can spread and affect the country's stability and even the neighboring European States. Through technology, sharing information about group crime and mostly the most wanted groups to make work easier to track the criminal groups New technology helps in doing research.The research technology can help in enhancing...
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...Globalization and Developing Countries Globalization is the massive control of the world’s economy by big businesses. With the growth of globalization comes the changing of developing countries’ economies, and destruction of environments and cultures. So why than are we still allowing corporations to hurt them? There must be a stricter limit on corporate activity in developing countries to protect their economies, environments and cultures. How far does globalization go back? Some people argue that globalization can be traced back to the Turks control of the Silk Road or the discovery of the Americas. (Ornek, Globalization and Cultural Identity) Others claim that it began at the end of the 19th century with the beginning of the Industrial Revolution. (Ornek, Globalization and Cultural Identity) There is no certain start point for globalization but two modern technologies have helped globalization become more noticeable, communication and transportation. (Ornek, Globalization and Cultural Identity) Regardless of when globalization began, it is an ever-expanding process. Economics is one of the most heavily affected by globalization. As corporations expand and build factories in other countries they not only harm the economy of the host country but also of the home country. These companies are practicing outsourcing, meaning that they are taking jobs from people in home countries and giving them to those in host countries. This helps raise the unemployment percentage in home...
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...Business Analysis Part I – Wal-Mart Melissa Wojciehowski MGT/521 June 21, 2012 Dr. Felicia Bridgewater Business Analysis Part I – Wal-Mart Wal-Mart is a common staple in American society today, as it was in the past. From the time Wal-Mart opened its doors in Rogers, Ark back in 1962, Wal-Mart has served the public in ways that are unimaginable to other convenience store and retail chains throughout the nation. When first opened, Sam Walton imagined that his store would be a convenience to working families. The company became incorporated as Wal-Mart Stores, Inc., on Oct. 31, 1969. (Walmart.com, 2012) This allowed for growth into various outlets such as automobile care, pharmaceuticals and warehouse sales (Sam’s Clubs). With this growth also came notoriety. The year after becoming incorporated, Wal-Mart, Inc. began trading shares on OTC markets and two years later were listed on the New York Stock Exchange. Little did Mr. Walton know of the iconic changes Wal-Mart would put into place for businesses. In this paper I will examine, from the viewpoint of a mutual fund manager, whether or not Wal-Mart, Inc. is a company worth investing in. In order to do this, I will take a look at a brief SWOT analysis of the company as a whole. I will then examine Wal-Mart’s stakeholders, both internal and external, and whether or not Wal-Mart is living up to their expectations and what if anything needs to be done to make that happen. Strengths: Based on the corporate page of...
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