Premium Essay

Business Harvard

In: English and Literature

Submitted By mykisses
Words 452
Pages 2
Hacking Into Harvard Discussion Questions: 1. Suppose that you had been one of the MBA applicants who stumbled across an opportunity to learn your results early. What would you have done, and why? Would you have considered it a moral decision? If so, on what basis would you have made it?
I would have not made the decision to learn my results early and honestly it would have been from fear of being caught or someone finding out which could possible ruin my chances at something great.
Not checking would have been the moral thing to do. This is because if we were allowed to view early we would not have stumbled across the way to do it, it would have been provided to you, and those are two different things.

2. Assess the morality of what the curious applicants did from the point of view of egoism, utilitarianism, Kant’s ethics, Ross’s pluralism, and rule utilitarianism.
Egoism: They were morally right as long as their actions promote their long term interest helps the greater good.
Utilitarianism: If the actions balance, good over bad for everyone affected by the actions they were morally correct.
Kant’s Ethics: If it was not done in the sense of duty because action out of own desires, inclination or self- interest the actions are morally wrong.
Ross’s Pluralism: Moral duty cannot be reduced to the single obligation to make the most of happiness so they were morally wrong.
Rule Utilitarianism: There should be standards moral principles so the actions could actually be morally right.
5. Assess the argument that the applicants who snooped were just engaging in the type of bold and aggressive behavior that makes for business success. In your view, are these applicants likely to make good business leaders? What about the argument that it’s really the fault of the universities for not having more secure procedures, not the fault of the applicants who…...

Similar Documents

Premium Essay

Harvard Business

...MGMT 6170 February 18, 2012 Harvard Business Case Analysis How would you categorize Kearney’s commitment to the company? How might you change or maintain this commitment? Eugene Kearney is very committed to Old Colony Associates (OCA). Kearney is committed in that he has been with the company for 13 years, loves going to work every day and aspires to maintain a higher level management position. However, he clearly needs to make improvements to his current level of commitment to OCA. Kearney needs to realize that commitment is the level of loyalty to the organization and willingness to exert effort on behalf of the organization. It is the degree of goal and value congruency with the company and the desire to stay a proactive member. Kearney is a great developer and teacher of people. He takes control of the situation and is not afraid of a challenge. This has created problems for him to effectively deal with managers and clients. He comes off as bossy, rude and unable to “listen” to constructive feedback. He seems motivated by the idea of promotion, high degree of job security and his ability to exert his influence on new managers. I believe that Kearny exerts continuance commitment, which is the willingness to remain in an organization because of the investment that the employee has with “nontransferable” investments. These investments include things such as retirement, relationships with other employees, or things that are special to the organization. Continuance......

Words: 3009 - Pages: 13

Premium Essay

Harvard Business Review

...Making sustainability profitable Haanaes, K., D. Michael, J. Jurgens, S. Rangan. March 2013. Harvard Business Review. Vol. 91, Issue 3, Page 110—114 “We are moving to a world of scarce resources, in which companies will increasingly need to consider their total return not just on assets and equity, but on resources” ¹. Sustainability leads to innovation and effectiveness. It is hard for companies to believe that a sustainable production manner can be less expensive than a ‘quick-lowering-cost’ manner. Companies follow different approaches to make their environmental efforts pay back financially. Firstly, the ‘long-view’ in which they see that investment eventually leads to lower costs and higher yields. “Secondly, a bootstrap approach to conservation. Companies start with small changes that generate costs savings, which they can use to fund advanced technologies that make production more efficient. The last approach is spreading the sustainability efforts to the operations of their customers and suppliers, in the process devising new business models that competitors find hard to emulate”². Companies have to recognize the fact that initial investments made in more-costly materials and methods will lead to greater savings on the long term. Also, “the pursue of sustainability can be a powerful path to reinvention for all business facing limits on their resources and their customers’ buying power”³. Besides the impressive cost efficiencies, the growth that companies have......

Words: 995 - Pages: 4

Free Essay

Harvard Business Review

...ideas and directives—from us in the home country to them in emerging mar- M kets. Local initiatives are expected to stay local. Companies do this to minimize cost and risk, and because they believe that their brands already hold enough cachet to woo emerging-market consumers. Multinationals may be in global markets, but they’re often not of them; therefore, they’re unable to expand their products’ appeal to broader audiences around the world. It’s surprising, then, when an established giant goes to an emerging market seeking the usual benefits of cheap labor and low manufacturing costs and comes back a changed company. That’s what has happened to Panasonic in China over the past decade. After the Japanese company’s December 2012 harvard business review 109 PhotograPhy: Corbis ThE GlobE leaders saw growth slow in China, they realized that they needed to engage more deeply with customers there. Panasonic’s desire to do that was rather remarkable because of the historical animosity between Japan and China, which can suddenly flare up. In October 2012, for instance, after Japan announced the purchase of the disputed Senkaku Islands, protests in China forced several Japanese companies, such as Canon, Toyota, and Panasonic, to suspend their China operations temporarily. Although the difficulties have subsided, they have probably created a sense of awkwardness among the Japanese and Chinese employees of multinationals. Through its efforts in the Chinese market,......

Words: 3441 - Pages: 14

Free Essay

Harvard Business Review

...62 HARVARD BUSINESS REVIEW Many have argued that the Internet renders strategy obsolete. In reality, the opposite is true. Because the Internet tends to weaken industry profitability without providing proprietary operational advantages, it is more important than everfor companies to distinguish themselves through strategy. The winners will be those that view the Internet as a complement to, not a cannibal of, traditional ways of competing. Strategy and the by Mich36l E. Porter Internet I "^ INTERNET is an extremely important new J technology, and it is no surprise that it has received so much attention from entrepreneurs, executives, investors, and business observers. Caught up in the general fervor, many have assumed that the Internet changes everything, rendering all the old rules about companies and competition obsolete. That may be a natural reaction, but it is a dangerous one. It has led many companies, dot-coms and incumbents alike, to make bad decisions - decisions that have eroded the attractiveness of their industries and undermined their own competitive advantages. Some companies, for example, have used Internet technology to shift the basis of competition away from quality, features, and service and toward price, making it harder for anyone in their industries to turn a profit. Others have forfeited important proprietary advantages by rushing into misguided partnerships MARCH 2001 63 strategy and t h e Internet and outsourcing......

Words: 8134 - Pages: 33

Premium Essay

Harvard Business Case

...Harvard Business Case 10-16-07 The Overhead Reduction Task Force: A Case Analysis The Facts Central Foods Corporation just hired a new General Manager, Georgia Dixon, to run the deteriorating Countertop Appliances Division. This new division was formed after Central Foods acquired Kitchen Help, Inc. six years ago. With sales decreasing quite dramatically over the past three years and overhead costs at their peak, Dixon is in charge of implementing positive changes in her department. For one of her first moves she appointed Larry Williams as head of the new Overhead Reduction Task Force. This task force is being formed to decrease overhead costs by 20% in the next four months while also increasing sales. External Factors Affecting CFC There are three main external factors that are influencing the overall sales production in this case. First off, one of CFC’s major competitors introduced a new household coffee maker that sold at the same retail price as CFC’s coffee maker, but CFC did not have the same innovation incorporated into their product. Secondly, another main competitor of CFC launched a new and improved microwave oven, which severely hurt Countertop’s sales of the same product. CFC’s product line still has not made a comparable substitute for this newly designed microwave oven. Finally, competitors’ pricing of the kitchen products was 10% lower than CFC’s pricing for the same products. CFC believed that these competitors would eventually have to......

Words: 2152 - Pages: 9

Premium Essay

Harvard Business School

...Harvard Business School 9-293-135 Rev. June 18, 1993 Friendly Cards, Inc. In early 1988, Wendy Beaumont, President of Friendly Cards, Inc., met with Amy McConville, a friend and financial consultant. They had been discussing the future of Friendly in relation to the research Ms. McConville had been doing on the firm. Mrs. Beaumont commented: Money is tight and, quite frankly, the cost of financing growth is now so high that I wish we could sit still for a year. But we really can’t do that. You know the record and you saw our growth for last year. We’re projecting a 20% increase in sales and an even larger increase in earnings for next year (see Exhibits 1 and 2 for the company’s income statements, balance sheets and financial projections). I hope you can come up with some suggestions concerning the financing of our expansion, so we can talk about them on Friday morning. Industry Background Data In 1988, the greeting card industry consisted of over 100 companies; the “Big Three” (see Exhibit 3) dominated the scene with an overwhelming market share. Of these three, two were publicly owned (American Greetings and Gibson), and one was private (Hallmark). (See Exhibit 5 for financial data on American Greetings and Gibson.) The rest of the industry was made up predominantly of small firms, many of which were privately owned and family controlled. Growth, however, was most prominent in the larger firms, which had larger more diversified product lines and more efficient......

Words: 4487 - Pages: 18

Premium Essay

Infosys: Harvard Business

...company or selling the company as a result because of low finances (Delong, 2006). The company remained opened for business and in the early part of 1991, the future started to look bright for Infosys and its founders. The Indian government created an economic liberalization program to deal with the economic meltdown; which provided some benefits for the company. It was during this time that Infosys decided to change it strategy to do business from onsite body shopping to offshoring. In order to deal with the Visa limitation issue, the company’s new strategy was to open offshore development centers (ODCs) (Delong, 2006). ODCs are a form of outsourcing; in which Infosys outsource business functions to another country in order to reap the benefit of low labor costs. Infosys wanted to be on the Top Ten lists of both the Best Performance Company and Best Employers lists and will make it as long as they consider the recommendations detailed below (Delong, 2006). Analysis of the Situation/Pending Problems For Infosys obtaining the goal of being on the Top Ten lists of both the Best Performance Company and Best Employers lists will take some changes. First of all, several issues that the company still face: creating brand identity and maintaining a competitive advantage. In addition, the company faced additional problems that are critical to the success of their business. They involve employee satisfaction, management, communication, employee pay, and their current......

Words: 1461 - Pages: 6

Premium Essay

L'Oreal Harvard Business Review

...L’Oreal Harvard Business Case by Nur Ili Athirah The pass 100-year history of L’Oreal, had much changed the company that made them the biggest global cosmetic company. The organizations have been going through a process of expanding their barriers to reach new markets across the globe. L’Oreal was founded by a French chemist, Eugene Schueller, who developed the world’s first synthetic hair-color product, L’Aureole in 1907. By 1912, his products expand to Netherlands, Austria and Italy. During the mid 1930s, Schueller diversified his products to hygiene and toiletry sectors of the cosmetic market with great success. As time goes by, L'Oreal positioned as the leader in European hair color market and skin care, but this wasn't good enough for them, as they wanted to reach new markets as the American, and Asian. However, entering US market was not easy as they face three main obstacles along the way which were; L’Oreal had little to no relationship established with U.S. Local middlemen, L’Oreal hair products were not well known by the salon workers and their clientele, and the French prestige, which helped sell perfumes, did little for the hair-coloring products. Therefore, L'Oreal made certain acquisitions, as well as the implementation of new market strategies and corporate strategies to successfully reach their goals that they achieved today. Let us analyze L’Oreal Company by using the SWOT Analysis theory. SWOT analysis involves understanding and analyzing the strengths...

Words: 958 - Pages: 4

Premium Essay

Harvard Business Review Article Proposal

...Harvard Business Review Article Proposal “Putting the ‘R’ Back into CRM” By Susan Fournier (Boston University) and Jill Avery (Simmons College) November 17, 2009 1.) What is the central message (the “aha”) of the article you propose to write? What is important, useful, new, or counterintuitive about your idea? Why do managers need to know about it? Ten years ago, Fournier et al.’s Harvard Business Review article, “Preventing the Premature Death of Relationship Marketing,” charged that “the very things that marketers were doing to build relationships with their customers were destroying those relationships at the core.” According to the authors, relationship marketing was “powerful in theory, but troubled in practice” because marketers did not fundamentally understand what relationships with customers were all about or how they should be built and maintained. Ten years later, this seminal article continues to be a bestseller for the Harvard Business Review, is widely cited by academics (406 citations in Google Scholar), is incorporated frequently into MBA, executive education and doctoral curricula, and, importantly, has been a guiding force for managers from diverse industries who are interested in establishing stronger customer relationships. What accounts for the enduring appeal of the “Premature Death” article? We argue that the fundamental lessons offered in this article are as relevant today as they were ten years ago. In fact, our failure to......

Words: 2106 - Pages: 9

Premium Essay

Harvard Business Review Case: Starbucks

...Harvard Business Review Case: Starbucks Harvard Business Review Case: Starbucks This case study will review how Starbucks is doing financially, examine marketing segmentation and life style changes impacting Starbucks based on the Harvard Business Review case information, and what Hambrick strategy elements Starbucks should focus on most for improvement. “Starbucks’ brand strategy was best captured by its live coffee mantra, a phrase that reflected the importance the company attached to keeping the national coffee culture alive. From a retail perspective, this meant creating an experience around the consumption of coffee, an experience that people could weave into the fabric of their everyday lives” (Moon & Quelch, 2006). Starbucks is the largest coffeehouse company in the world. Starbucks Corporation operates as a roaster, marketer, and retailer of specialty coffee worldwide. Its stores offer coffee and tea beverages, packaged roasted whole bean and ground coffees, juices, various food products, as well as beverage-making equipment and accessories. In addition, it licenses the rights to produce and distribute Starbucks branded products, as well as licenses its trademarks through licensed stores, grocery, and national foodservice accounts. Over the last ten years, with the exception of 2008-2009, Starbucks has had at least 9 percent + revenue increases from year to year (revenue spreadsheet attached).......

Words: 1518 - Pages: 7

Premium Essay

Harvard Business Apple Case Study

...Harvard Business School Case Study Analysis Harvard Business School Case Study Analysis Description At the end of 2014, Apple Inc. recorded the most profitable quarter of any firm in history, and its market capitalization soon topped $700 billion. 'Apple Inc. in 2015' explores the history of Apple, its successes under Jobs, its continued growth under Tim Cook, and the challenges facing the company in 2015. With iPod sales continuing their freefall, tablet sales in decline, and the Macintosh's market share remaining small, Apple was increasingly dependent on the iPhone to drive its growth. Could Cook continue Apple's dominance in the smartphone market in the face of growing competition? Could he revitalize the iPad business, become a leader in payments, with Apple Pay, and replicate Apple's success in other device categories, such as the Apple Watch, the first new product the company had released since 2010? Introduction:   Apple Inc has been an icon in American industry over the last three decades. The CEO Steve Jobs did a remarkable job turning around the company that was nearly bankrupt in 1996, however after his death in 2011 the questions has been brought forward of how sustainable will Apple be without Steve Jobs. Apple has always been trying to be simple and bring easy to use   products to a large market of consumers. On the beginning Apple focused on producing low-cost computers merged with...

Words: 1666 - Pages: 7

Premium Essay

The Sustainable Supply Chain ‑ Harvard Business Review

...10/8/12 The Sustainable Supply Chain ‑ Harvard Business Review The Sustainable Supply Chain An Interview with Peter Senge by Steven Prokesch To make progress on environmental issues, Peter Senge says, organizations must understand that they’re part of a larger system. Senge, the founder of the Society for Organizational Learning, a faculty member at MIT Sloan School of Management, and the author of The Fifth Discipline and The Necessary Revolution, spoke with HBR senior editor Steven Prokesch about the challenge of leading organizations at a time when their supply chains need to be radically transformed. HBR: What does it take for an organization to get serious about issues like water, energy, and waste in its supply chain? Senge: It starts to get real when people believe these matters are strategic—that they will shape the future of the business. I use the word “sustainability” as little as possible because it’s so generic; it makes people’s eyes glaze over. To confront these issues practically, you need employees who are innovative—who have the skill and the vision to redesign products, processes, and business models—and who understand the business context. Most important, they need to be able to tell a story about why this is a meaningful journey. If they’re stuck in the mind-set (so popular in business schools, unfortunately) that a company exists to maximize return on investment capital, with an emphasis on short-term financial performance, they won’t...

Words: 1244 - Pages: 5

Premium Essay

Case Analysis: Airborne Express (a), Harvard Business School.

...Case Analysis: Airborne Express (A), Harvard Business School. Not so long ago, there was no such thing as overnight express service and freight delivery. Then Federal Express, United Postal Service (UPS) and Airborne Express, among six second-tier companies, came upon the scene. In 1973, Federal Express invented the concept of overnight express package, soon followed by the other two largest express companies–UPS and Airborne, during the 1980s. The fast growth of the Express Mail industry was mainly due to the success of the express delivery service. Thanks to Frederick Smith, a Yale undergraduate back in 1965, who had envisioned a whole different system on his economics term paper. Smith proposed an airline dedicated exclusively to express delivery of mail. Regardless of a “C” grade received on his paper, Smith incorporated Federal Express in 1971and officially began operations on April 17, 1973. Some of the features in the evolution of the Express Mail Industry includes but is not limited to the creation of the hub system and air express service. Created by Federal Express, the hub system is the symbol of the modern air courier industry. It made possible the large-scale, overnight deliveries and it has remained the standard operating method in use to this day. This system allows air courier industry to ship all freight to the company’s central hub, where it is sorted, and rerouted to its final destination. Also under consideration, the air express service played an......

Words: 1561 - Pages: 7

Premium Essay

Apple, Inc. Harvard Business School Case Analysis

...Abstract Sustaining a competitive advantage cannot be acquired through operational effectiveness alone; an organization will have to become different from everyone else by performing different activities that will be hard to duplicate from the competition (Dess, et al., 2005). Sustaining a competitive advantage became hard for Apple Inc. as noticed in the Harvard Business School Premier Case. Therefore, this paper is an analysis of Apple, Inc. based on a 7-year old case written by David Yoffie and Michael Slind published by Harvard Business School (Yoffie, et al., 2008). The following paper examines in detail the strategies utilized by the company as outlined in the strategic management steps. Several recommendations are also proposed to handle the issues surrounding the organization. Summation Apple Inc. was created by two college dropouts, Steve Jobs and Steve Wozniak and later joined by A.C. Markkula, Jr; they created the company with one circuit board (Apple I) and turned into 200 sales within two months time (Yoffie, et al., 2008). The company developed a premium-price differentiation strategy; in which two years later, Apple II was introduced to the world. Apple II tripled company sales to more than 100,000 in less than two years compared to Apple I (Yoffie, et al., 2008). This paper analyzes and reviews the strategies utilized by Apple Inc. based on my comprehension of strategic management; and propose recommendations for several problems that Apple faced to......

Words: 1367 - Pages: 6

Free Essay

Harvard Business School Case 707-512

...ankaj Ghemawat, Raymond Hill, L.G. Thomas "Southern Co. Investment in CEMIG" Harvard Business School Case 707-512 In the spring of 1997, Southern Company had the opportunity to acquire a significant portion of the electric utility in the Brazilian state of Minas Gerais. The shares in the utility, CEMIG, were being sold by the state government as part of a comprehensive privatization of Brazil's electric sector. Brazil's privatization was, in turn, part of a world wide movement toward deregulation and privatization of the electric sector. Like many of its rivals in the utility sector, Southern had committed itself to a strategy of growth by taking advantage of the significant opportunities for cross-border investment that were being created by this trend. The privatization of CEMIG was a particularly appealing opportunity for Southern. Not only was CEMIG one of the largest utilities in Latin America, but this investment would provide a base in the Brazilian market, which was expected to have the largest potential for further growth on the continent. Brazil was in the process of reforming its system of regulating electric utilities and of introducing competition into Brazil's wholesale generating market. These changes would further enhance the potential profitability of investing in CEMIG. In addition to the attractiveness of the investment, Southern had been able to secure non-recourse financing for half of the required amount. Keeping in mind Brazil's volatile economic......

Words: 266 - Pages: 2