...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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...1) Traditional Enterprise Data:- includes customer related data ERP, CRM, web transaction 2) Machine Generated Data:- weblogs, Trading Systems etc 3) Social Data: - data of facebook, twitter, google etc. Big Data can be seen in the finance and business where enormous amount of stock exchange, banking, online and onsite purchasing data flows through computerized systems every day and are then captured and stored for inventory monitoring, customer behavior and market behavior. Day by day the capacity of data is increasing & many of industries are not able to manage it efficiently. By 2020, a total of 35 zeta-bytes of data will be produced as the average annual generation of information grows 43,000 percent, according to Computer Sciences Corporation. Big data may still be a relatively new phenomenon, but its impact is already being felt throughout various industries. Organizations that can effectively store, manage and analyze this information may set themselves apart from their competitors or, even better, make key advancements in their particular fields. This may especially be the case for healthcare providers, which hope to improve patient care by studying big data. In future, Big data analytics will be very essential part of every company. Each company having their internal & external data in large quantity. So, scalable and extensible information management foundation is a prerequisite for big data...
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...Continental Computers Corporation Opportunity - Growth Continental Computer Corporation (CCC) was a $9 billion a year corporation with worldwide operations encompassing just about every aspect of the computer field. Continental is considered one of the "giants" in computer technology development, and supplies equipment to other computer manufacturers. Problem – Poor Organisational Structure Our major problems first began to surface during the early nineties. When we restructured our organization, we assumed that each division would operate as a separate entity (i.e., strategic business unit) without having to communicate with one another except through corporate headquarters. Therefore, we permitted each of our division vice presidents and general managers to set up whatever organizational structure they so desired in order to get the work accomplished. Problem – Lack of Coordination, Communication, Integration and Uniformity Unfortunately, we hadn't considered the problem of coordinating efforts between sister divisions because some of our large projects demanded this. We have three divisions within throwing distance of one another, and each one operates differently. This poses a problem for us at corporate headquarters because career opportunities and administrative policies are different in each division. Now that we are looking at project management as a profession, how do we establish uniform career path opportunities across all divisions? World headquarters for...
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...Karasti 1 Aviation and the Law Kevin Karasti The Demise of Eastern Airlines By 1985 Eastern Airlines had become one of the United States’ largest airlines. They operated in twenty-six countries on three different continents, and were considered one of the four prominent airlines in the U.S. Although for a time they were successful, it wasn’t long after that Eastern Airlines began to run into problems. Eventually Eastern made a decision that would prove to be disastrous for the airlines-- they sold the company to Frank Lorenzo. Why did Eastern sell to Texas Air? For starters, the 1970's and 80's proved to be a very difficult time for many airline companies. In the late 70’s the Airline Deregulation Act of 1978 was passed. The enactment did provide many new freedoms (freedom to expand their route systems for example), and positive outcomes for airline carriers. One of which was flexibility to develop innovative pricing structures. This flexibility allowed carriers to expand into new markets. Yet with the positive changes of deregulation, came negative consequences for the airlines-- “airfare wars.” Companies now had to compete to remain in the market. They waged airfare wars against their rivals, slashing their own prices to knock off smaller companies. Many airlines struggled tremendously, and had difficulty keeping their doors open. This made many air carriers susceptible to unwanted, hostile takeovers and mergers. In 1985 Eastern was a large airline (three...
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...Which Companies Have survived bankruptcy? Corporate Financial Management Bus 607 By Marie Dawes Which Companies Have Survived Bankruptcy? According to Gerald S., bankruptcy is a generalized term for a Federal Court procedure that helps consumers and businesses get rid of their debts and repay their creditors (2014). If anyone can prove that they are entitled to it, the bankruptcy court will protect them during the bankruptcy proceeding. In general, bankruptcies can be categorized into two types: liquidation and reorganization. The U.S. Court of Bankruptcy (2015), states that among the popular proceedings are chapters 7, 11, 12, and 13, which individuals and businesses use to file. Chapter 7 bankruptcies normally fall into the liquidation category. This means that an individual’s own property can be taken away and sold in the process of liquidation in order to pay back the debts. Conversely, chapter 13 bankruptcies fall under the reorganization category, meaning that the individuals will probably be able to keep their property, but they must submit and stick to a plan that will allow the person to repay some or all of their debts within 3 to 5 years. A case filed under chapter 11 of the United States bankruptcy code is frequently referred to as a reorganization bankruptcy. Its bankruptcy proceedings are usually employed by struggling businesses as a way to get their affairs in order and pay off their debts. In addition, some individuals also file for chapter...
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...Table of Contents: Section Page 1. Executive Summary 3 2. Introduction 4 3. Problem Statement 5 4. Analysis of Identified Problems 7 5. Recommended Solutions 9 6. Bibliography 11 1. Executive Summary This assignment is based on a case study called the Continental Computer Corporation (CCC) who is currently undergoing an exercise to include project management as a profession in the corporation. Whilst CCC is a generally profitable and successfully functioning company, there are many internal problems that could lead to the downfall of CCC if not addressed adequately. There is a clear lack of proper leadership skills within CCC. This is evident by way of all three divisions within the corporation operating individually with no cross communication. Project management process, methodologies and governance are not practiced which leads to unclear project approval processes as well as inadequate resource and budget allocation. All divisions have their own organisational structures therefore there is lack of HR leadership. Job profiling and matching seems to be non-existent and salary grades and earning ranges are different within the three divisions although in some cases, the job description is the same. Below are the recommendations for successful...
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...has emerged as a very important ideal. The reason is, today companies are substantially contributing to the overall growth and development, particularly in emerging economies such as India and a healthy investment environment is vital. The corporate form of business has succeeded gradually and expanded worldwide. However, not all companies are managed successfully. There has been a spree of corporate frauds worldwide, e.g., Enron in the United States and Satyam Computers in India. The latter had accounting and auditing flaws apart from lack of accountability and oversight by Independent Directors at Board meetings. There was no whistle-blowing in case of Satyam Computers unlike Enron. The Satyam Computers revelation was an outcome of a takeover attempt. It eroded the wealth of shareholders. From this fraud it is evident that we need to review the enforcement of CG practices. The role of the Ministry of Corporate Affairs as one of the stakeholders in case of Satyam Computers has been commendable especially in appointing reputed members on the Board immediately after the fraud, in order to restore confidence among...
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...cutting-edge areas of construction and international project management plus a "super case" on the Iridium Project, covering all aspects of project management - Follows and supports preparation for the Project Management Professional (PMP®) Certification Exam Project Management Case Studies, Fourth Edition is a valuable resource for students, as well as practicing engineers and managers, and can be used on its own or with the new Eleventh Edition of Harold Kerzner's landmark reference, Project Management: A Systems Approach to Planning, Scheduling, and Controlling. Contents: Preface xi 1 PROJECT MANAGEMENT METHODOLOGIES 1 Lakes Automotive 3 Ferris HealthCare, Inc. 5 Clark Faucet Company 7 Creating a Methodology 11 Honicker Corporation 14 Acquisition Problem 18 2 IMPLEMENTATION OF PROJECT MANAGEMENT 27 Kombs Engineering 29 Williams Machine Tool Company...
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...and Global Competition Katrice Bottoms MGT/449 June 21,2011 Brain Vanderjack Effects of Quality Management on Domestic and Global Competition The airline industry is a service industry that strives on safety, first line supervisors often encourage personnel to disregard the safety rules to meet on-time departures. First line supervisors are measured on their performance by airline management on getting the planes in and out as quickly as possible. Since the early days of flight damage to aircraft from ramp operations has been a chronic problem for the airline industry. This paper will discuss two airline corporations, United Airlines and Southwest Airlines the procedure of the organizations, core competency for each, how the procedure produces a competitive service domestic or global, and how Total quality Management effects the position of both corporations. The focus on the turnround plan is to reduce the number of incidents and accidents affiliated with the aircraft turnround with little disruption of performance levels. The first step is the pre-planning stage which is also called the pre-arrival stage. The most important part of this plan is to identify the laed ramp agent who will supervise the whole operation, the agent should have sufficient knowledge and authority to control the activities around the aircraft. Upon the arrival to the gate, there should be a least four to five agents. Through the pre-arrival process agents need to check stand is clear of...
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...9-295-121 REV: NOVEMBER 6, 2001 Microsoft/Intuit The Decision In the fall of 1994 William Gates, chairman and CEO of Microsoft Corp., was considering the possible acquisition of Intuit Corp. Intuit marketed the leading personal finance software product called Quicken. Two years earlier Gates had met with Scott Cook, chairman of Intuit, to discuss the possibility of completing an acquisition. In the interim, Cook had further consolidated Intuit’s domination of the personal financial software market with the acquisition of a firm which marketed the best-selling personal income tax preparation software called Turbo Tax, and the acquisition of a firm which provided electronic bill-payment services. Intuit was known in the software applications industry as one of the few firms that had met a challenge from Microsoft in its own market niche and won. Other firms that had once dominated their market niches in word processing programs (WordPerfect) and spreadsheet programs (Lotus), for example, had been shouldered aside by Microsoft (Exhibit 1). Many firms were being acquired as the industry consolidated. Indeed, in March 1994 Novell announced that it was acquiring privately owned WordPerfect Corp.1 (which held the second-largest share of the word processing software market), and the spreadsheet business of Borland International (Quattro Pro held the thirdlargest position in spreadsheet software) in order to put together a suite of common applications to compete more effectively...
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...9-295-121 REV: NOVEMBER 6, 2001 Microsoft/Intuit The Decision In the fall of 1994 William Gates, chairman and CEO of Microsoft Corp., was considering the possible acquisition of Intuit Corp. Intuit marketed the leading personal finance software product called Quicken. Two years earlier Gates had met with Scott Cook, chairman of Intuit, to discuss the possibility of completing an acquisition. In the interim, Cook had further consolidated Intuit’s domination of the personal financial software market with the acquisition of a firm which marketed the best-selling personal income tax preparation software called Turbo Tax, and the acquisition of a firm which provided electronic bill-payment services. Intuit was known in the software applications industry as one of the few firms that had met a challenge from Microsoft in its own market niche and won. Other firms that had once dominated their market niches in word processing programs (WordPerfect) and spreadsheet programs (Lotus), for example, had been shouldered aside by Microsoft (Exhibit 1). Many firms were being acquired as the industry consolidated. Indeed, in March 1994 Novell announced that it was acquiring privately owned WordPerfect Corp.1 (which held the second-largest share of the word processing software market), and the spreadsheet business of Borland International (Quattro Pro held the thirdlargest position in spreadsheet software) in order to put together a suite of common applications to compete more...
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...1310T 22 February, 2014 CABLES Twisted Pair cable Twisted pair is the ordinary copper wire that connects home and many business computers to the telephone company. To reduce crosstalk or electromagnetic induction between pairs of wires, two insulated copper wires are twisted around each other. Each connection on twisted pair requires both wires. Since some telephone sets or desktop locations require multiple connections, twisted pair is sometimes installed in two or more pairs, all within a single cable. For some business locations, twisted pair is enclosed in a shield that functions as a ground. This is known as shielded twisted pair (STP). Ordinary wire to the home is unshielded twisted pair (UTP). Twisted pair is now frequently installed with two pairs to the home, with the extra pair making it possible for you to add another line (perhaps for modem use) when you need it. Twisted pair comes with each pair uniquely color-coded when it is packaged in multiple pairs. Different uses such as analog, digital, and Ethernet require different pair multiples. Although twisted pair is often associated with home use, a higher grade of twisted pair is often used for horizontal wiring in LAN installations because it is less expensive than coaxial cable. The wire you buy at a local hardware store for extensions from your phone or computer modem to a wall jack is not twisted pair. It is a side-by-side wire known as silver satin. The wall jack can have as many five kinds of hole...
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...12-Problems Chapter 13-Problems Chapter 14-Problems Chapter 15-Problems Chapter 17-Problems Chapter 18-Prob1ems PART TWO: Solutions to Case Studies Clark Faucet Company Kombs Engineering Williams Machine Tool Company Wynn Computer Equipment (WCE) Reluctant Workers Hyten Corporation Macon, Inc. Continental Computer Corporation Goshe Corporation Acorn Industries MIS Project Management at First National Bank Cordova Research Group Cortez Plastics Phil Condit and the Boeing 777 Teaching Note AMP of Canada (B) Case Study AMP of Canada (C) Case Study AMP of Canada (A) Teaching Note AMP of Canada (B) Teaching Note AMP of Canada (C) Teaching Note Riverview Children’s Hospital Teaching Note Como Tool and Die (A) Como Tool and Die (B) Apache Metals, Inc. Haller Speciality Manufacturing An International Project Manager’s Day (B) Case Study An International Project Manager’s Day (C) Case Study An International Project Manager’s Day (D) Case Study Hazelton International Limited and An International Project Manager’s Day Teaching Note Hazelton International Limited and An International Project Manager’s Day: Decision-Making Exercise Teaching Note Ellen Moore (A): Living and Working in Korea Ji’nan Broadcasting Corporation Teaching Note Quasar Communications, Inc. Jones and Shephard Accountants Fargo Foods Government Project Management Falls Engineering...
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... |8905075297087 | |Siyanda Mfeka | |8501265486083 | |Lucky Tsolo | |7801165901087 | |Phethile Lubisi | |8005060012086 | Note: As we are an online group we are unable to meet up to get this document signed. All team members who contributed towards this report have put their details into the table above. Executive Summary Continental Computer Corporation (CCC) is a global organisation infolded in...
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...CASE STUDY: EMI Group, PLC CD Pricing in the recorded music industry Company Overview Electric & Musical Industries (EMI) was established in 1931. EMI Group, PLC is the world 3rd largest music company which based in London. It is the world largest independent music company, not being a unit, subsidiary or division of a larger conglomerate corporation. EMI’s business is comprised of two main group; EMI Recorded Music and EMI Music Publishing. EMI Recorded Music accounted for 81.6% of EMI Group, PLC sales and 59.3% of the company’s operating profit in fiscal 2003. EMI Recorded Music has over 100 recording labels featuring some of the greatest rock and pop artists in recorded music history. Its major recording label includes: Capital Record and Capital Record Nashville, Chrysalis, EMI Classics, Java Records, Mosaic Records and many more. Its artist with major albums in 2002 and 2003 included: David Bowie, The Beatles, Blue, Cold play, Norah Jones, Queen and many more. EMI Music Publishing owns the rights to more than one million musical compositions, which its market, licenses and sell. Royalties derived from EMI-owned compositions for the sale of music in the CD format comprised 53% of EMI Music Publishing revenue in fiscal 2003. Performance income derived from the public performance of song in EMI catalog, accounted for 25% of EMI Music Publishing revenue. Among the major music compositions and catalogues is “getting better” (The Beatles),...
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