...Corning Glass Company is an old company founded in the US, specifically in Massachusetts that manufactured glass, ceramic, and related materials usually on an order basis, which means it did not had a determined market other than satisfying particular demands from its customers and taking opportunities manufacturing Original Equipment for larger companies. Corning Glass was established in Corning, New York in the mid 1800s. Corning Glass’s operations were in Corning but as the company grew they opened plants and sales offices throughout the country. By 1968, most of their 40 plants were located east of the Mississippi River. Most of them were headquarters but two of their major divisions were in Corning. (Beer, M. 1983) The Electronic Products Division was one of the eight line’s division in Corning Glass Woks. Their reputation was based on their high technological capability in the invention and manufacture of glass products. Some of the products the electronic division manufacture included glass lenses for optical use, laboratory glassware, refractories in a wide variety, some products for kitchen use such PYREX, well known for many people because of the good product qualities for kitchen use. (Beer, M. 1983) When the market became more competitive its Electronics Products Division (EDP) started having some organizational problems because of the lack of growth. It all started when the profits became decreasing and in 1968 Mr. Joe Bennett took the leadership recently (in 1966)...
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...Introduction Tensions in Corning developed from external and internal factors. However, I argue that internal factors such as change in leadership style, poor communication, lack of focus, and inter-department distrust worked as the major drivers of this tension. And that the external factors simply helped by lowering the morale of the different divisions and their respective employees. The underlying problem of inadequate communication dissemination of Corning has led the managers, workers and committees to focus on different goals. This is in line with Rogers’ statement of his view on the current situation that the major problem they face now is division growth. After all, how is EPD supposed to grow when there is dissent, distrust and miscommunication within the internal systems of EPD? Environmental (External & Internal) Analysis and Reasons for Tension -Strong Tech capability in invention and manufacture of glass products -Established position in market -Uncertainty in new Leadership under Rogers -Good brand recognition -High Expectations can be a double edged sword -High Expectations -Poor Service to Customers -Always tries new things - Entrepreneurial -Missed commitments were high prior to Rogers -Missed commitments reduced under Rogers - Inter-department distrust -New information system developed by Sales Service -Poor communication in corporation Strengths Weaknesses Opportunities Threats -Color TV emerging as a significant market -New competition...
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...based market. Corning did not know if they wanted to be in this market. Some of the internal technical leaders were willing to turn away from this market claiming Corning developed high margin and highly technical products. Mean while sales and marketing were pushing hard to win new work in these fields disregarding the fact that Corning was not designed to compete in a fast moving commodity market. So, although sales were down Corning still relied on making their profits with out competition pressures. They relied on patents, technical know how and substantial capital investment joint. Corning started to see problems when its sales force started to focus on volume of sales without a concern for gross margins. The Sales group booked as many orders as they could to meet sales goals. Sales were giving away the store, claimed manufacturing. Marketing was just as bad. They projected a market for a product, had manufacturing make samples and spend on capital investment, only to come back later and say the market is not ten million, but, one million. Marketing claimed manufacturing was to slow to react to market conditions. Marketing clamed Product Development wasted time, up to seventy percent of product roll out was spent on process development. What happened was the trust that is necessary for departments to be able to work closely together went away. Through all of this lack of leadership, the company still held monthly meetings. Represented at these meetings in many cases were managers...
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...Fudan – MIT China Lab Projects 2015 – 2016 1. Dow Corning: The customized market study & opportunity digging of China’s infrastructure construction industry for Dow Corning, China Company Information 公司信息 Name of Company/ Business Unit 公司/事业部名称 Website 网址 Address 地址 Dow Corning (China) Holding Co., Ltd. 道康宁（中国）投资有限公司 www.dowcorning.com www.dowcorning.com.cn dowcorning.tmall.com No.1077 Zhangheng Road, Zhangjiang Hi-Tech Park， Pudong District, Shanghai 201203 , P.R.C. 中国上海市浦东区，张江高科技园区，张衡路1077号，邮编： 201203 Company Background 公司背景 Established in 1943 specifically to explore and develop the potential of silicones, Dow Corning is a global leader in silicon-based technology and innovation. We are passionate about silicon technology’s versatility, its possibilities and its unique potential to help solve some of the most important challenges facing our world. Brief Introduction 公司简介 Stage of Development Through our Dow Corning® and XIAMETER® brands, we provide performance-enhancing products and solutions to meet the needs of customers in virtually every major industry and to improve the daily lives of nearly a billion of the world’s people. More than half of our annual sales are outside the United States. Dow Corning Corporation is equally owned by The Dow Chemical Company and Corning, Incorporated. Dow Corning also is the majority shareholder in Hemlock Semiconductor Group, which is comprised of several joint venture companies. Hemlock Semiconductor is a leading provider of polycrystalline...
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...Unit VII – Scholarly Activity Case Study: PYREX MBA 6151-14I-4, Operations Research By Nguyen Hoai Phuong ID 253434 Ho Chi Minh City For Dr. Matthew Ademola MBA Faculty Columbia Southern University PYREX Overview about company and its products/services. World Kitchen, LLC | Products/services | Separate organizations | Brand | * Was formed in 2000 * Manufactured and marketed bakeware, cookware, dinnerware, kitchen and household tools, range-top cookware, and cutlery. * World Kitchen already outsources a bunch of their products and this is so they can stay competitive with the competition. That is because with a lot of their current products they are made cheaper overseas versus the cost it would be to make them in the states. | 1. Corning Consumer Products – CCP (PYREX, the product line and brand originally, was World Kitchen's oldest brand and among its most recognized names) 2. EKCO Group 3. General Housewares. | 1. PYREX 2. CorningWare 3. Corelle 4. EKCO 5. Baker's Secret 6. Magnalite 7. Chicago Cutlery 8. OLFA. | Timelines | Events | In the early 1900s | Corning Glass Works (CCP) created a glass product to be used by railroads | In 1913 | Generated idea: glass dishes for baking. It was made by mistake when Bessie Littleton the wife of a Corning chemist ask her husband to bring home s some strong shatterproof glass for her to use in the kitchen. The Chemist then began a two year process to perfect the glass and to start...
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...Corning Inc. To: From: Subject: Recommendations for the three proposals Corning Inc.’s strategy – to compete in four worldwide business sectors (communications, laboratory sciences, consumer housewares, and specialty materials) and to deliver long-range superior economic benefits to its employees, consumers, communities, and shareholders – has served the organization well for over three decades as evidenced by a transformed business portfolio, record earnings, and the emergence of a new spirit within the organization. However, due to diverse changes in trends that characterize the industry’s landscape, there is the need to come up with innovative proposals that originate from diverse business sectors. The CEO of Corning Inc. hopes that these proposals would aid in the company’s continual growth. These proposals deal with (a) the laboratory sciences, (b) communication (fiber optics), and (c), the television glass division. The opinions given are a result of a comprehensive deduction of the Porter’s Five Forces model so as to identify the best paths of actions to achieve a proper competitive advantage in the industry. For the first proposal, I think it is vital that Corning maintains its relationship with Ciba Geigy. Ciba Geigy has portrayed a strong commitment to the partnership’s success as evidenced by its willingness to preserve with significantly low returns over the next few years as the venture continues to grow. Furthermore, it has a good strategic fit with Corning Inc...
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...Who Founded Dow Chemical Dow Chemical Company, and American Chemical and Plastics manufacturer is one of the globe’s prominent suppliers of chemicals, plastics, synthetic fibers, and agricultural products. Dow Chemical was originated by Chemist, Herbert H. Dow, of Midland in 1897. Dow was to support Midland Chemical Company in 1890 and the Dow Process Company of 1895(Dow Chemical Company, (2012)). What is a SWOT analysis? What does a SWOT analysis deliver in regards to organizations; it is a tool that categorizes the strengths, weaknesses, opportunities and threats of an organization? Once the SWOT is completed, it can determine what the firm can do in completing its objectives and what other accomplishments it can achieve to receive satisfying results (Investopedia, 2012). In running a business a SWOT analysis is a useful tool that assists an organization in operating efficiently it determines what financially and productively what an organization needs to do to succeed. Dow Chemical Company SWOT analysis Strengths The Strengths of Dow Chemical in regards to is worldwide processes, in 2007, Dow had $53.5 billion in sales. 150 manufacturing sites in 35 countries. This organization sells its merchandise in over 160 countries (Datamonitor, 2011). The company has many manufacturing operations one which is located in the Lake Jackson and Freeport, Texas area. With more contractors that are coming into the area to work for Dow Chemical not only has it brought in revenues...
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...Business Ethics 22 November 2011 Dow Corning and the Silicone Breast Implants The pressures society places on women’s physical appearances can and often has created a psychological weakness on many women’s state of mind and physical well-being. On average people spend in excess of seven billion dollars per year on plastic surgery. The obsession American women have come to believe is normal concerning their physical beauty drives women to plastic surgeons by the millions each year. Women like Selma Hayek, Pamela Anderson, and Dolly Parton are all in essence physical role models for the average woman. Many companies have created products that are used to enhance the female physic from the inside out. This writing will explore the lengths a company will go to in order to gain profit from women who are desperate to enhance their physical appearance. In addition, the ethical practices of a certain company that were set aside to maintain revenues and side step litigation are examined within this paper. The Dow Corning Corporation was once thought to be a stellar company in terms of its ethical business practices. The Dow Corning Corporation was established in 1897 by a Canadian Chemist named Herbert Henry Dow (Dow Corning Breast Implants, 2011). Dow Corning Corporation rapidly became one of the few major manufacturing producers that made silicone products. Considering the fact that the Dow Corning Corporation is the second largest manufacturer of chemicals in the world and the...
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...CorningWare: Refreshing an Iconic Brand CorningWare began in the space-hustling 1950s as Pyroceram, a material that would securely ingest temperature vacillations in rocket nose cones. By 1958, it was brought into homes with the capacity to go straightforwardly from the cooler to the broiler to the table, a generous advantage for those setting up the family dinners and cleaning up after. The glass-fired — and later, stoneware and aluminum — material, with its protected fitting covers and accessibility in an assortment of sizes, has been a backbone in kitchens from that point forward. The test: Despite its notable status, now and again social patterns sneak up on your image speedier than you can say "Nourishment Network." Such was the situation with CorningWare French White bakeware, which was reliably losing partake in a housewares classification commanded by superstar culinary expert supported product offerings. Examination uncovered that purchasers related the CorningWare brand with nostalgic ideas, in spite of the fact that they were pleased by the new, more redesigned offerings in splendid hues the brand had presented — and significantly more eager to take in they were from a trusted name like CorningWare. The long-standing bakeware organization expected to give individuals another approach to consider CorningWare and turned to marking, outline and prototyping office Kaleidoscope. According to me, the solution to the problem is toward the begin of the activity...
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...Roof: Tear off two layers of shingles on house and clean up debris and haul away. House will be protected from shingles that are torn off. Install new chimney flashing, new roof to wall tin flashings, new metal valleys, new 6” of ice and water shield, new ridge vent and new ridge cap. Install new synthetic shingle underlayment, new pipe flashing, tuck point the chimney. New Owens Corning Duration shingles: $11,900 New Owens Corning Oakridge shingles: $11,400 Gutters: Install 5” with 3x4 downspouts: House $1530 Payment is as follows: 1/3 at signing and 2/3 is due upon completion. Terms and Conditions: The owner or agent certifies that he has read this agreement, and terms and conditions have been explained to him and that he fully understands them; that there is no understanding verbal or otherwise than that contained in this agreement. All measurements and depths are approximate. All materials to be at contract specifications. Contractor carries all legally required insurance. However, homeowner is responsible for permits if needed and lot line locations. Owner assumes responsibility for any landscaping repairs and gives contractor permission to access property with any equipment. Lien waivers are available upon completion. Buyer and contractor agree if any disputes arise throughout this transaction it shall be settled through arbitration. In no way shall the contractor be liable for any legal expenses. In the event of cancellations, prior to start of work...
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...From the reading I found that there are a few different kinds of clusters, identifying the one that is in line with Owens Corning company is a little more difficult than expected. Also, I’m not quite sure if I completely understand the nature of the correct cluster where discussing. The Owens corning company has a strong domestic cluster along with a growing global cluster. In the United States the domestic cluster is spread out throughout the United States and Canada. The have several divisions that are closely entwined with each other where one plant manufactures the materials and resources that is shipped to another factory for either assembly or further rendering and assemblies. There are further clusters that can or cannot be the right distinction for the Owens Corning Company. The geographical cluster to which you have particular interests in the resources, supply chains and transportation of goods and materials; playing a distinct role of how well a corporation will survive in that region. Michael Porter talked about the enduring competitive advantages in global economies that lie increasingly in the local things- knowledge, relationships that distant rivals cannot match. He discusses, when a company can source a materials from a distance through global markets and corporate networks available to any company, therefore essentially nullifies the source as a competitive advantage. Having more open global markets, faster communication and transportation should diminish...
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...Penn Square Bank and the Down Corning Bankruptcy Today’s businesses struggle to survive in a volatile marketplace and frequently internal and external ethical pressures are placed upon employees and management in an effort to ensure the success of the company. Companies like Penn Square Bank faced ethical pressures regarding documentation, credit extension, and revenue recognition, which eventually led to the closing of Penn Square Bank. The Dow Corning bankruptcy raised many ethical questions. Speculations have been made about whether Dow Corning filed bankruptcy because of the financial hardship placed upon it by consumer lawsuits or whether Dow Corning used bankruptcy laws to shield itself from obligations to its consumers. This report will examine, 1) the ethical challenges and pressures each of these companies faced, 2) a review of Dow and Corning’s actions during the bankruptcy filing, and 3) a discussion of how Penn Square Banks ethical pressures might have been alleviated or offset. Penn Square Bank Penn Square Bank is an illustration of improper asset valuation. In an effort to grow Penn Square bank into a merchant bank and have it become a major financial backer to Oklahoma’s oil men, Bill Jennings hired Bill Patterson to lead his new energy lending division (Caskey, 1985). The energy lending division was tasked to find borrowers for oil customers. As loans were passed to other financial institutions; Penn Square collected fees for originating...
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...the top management teams controlled the firm with the regards to organization structure and its flexibility, autonomy of the joint venture and partnership, fit and consistency between long-range corporate strategy and daily tactical operation, communication and network among employees within and across the organization(alliances and joint ventures)? - The key factor of corning changes is corning is the technology-driven company but often unable to translate its innovation into profits, the technology industry is complex, specialized and short-lived innovation and economic recession also make the whole industry competition more aggressive. For Corning penetrate the product to market but not success due to late entry. International market explanation may also be the factor too. These make (or possibility force) corning to form the alliance. To form the alliance, corporate culture, ethic and mind set of employee in each level is vital especially for corning the team oriented and flat organization. Corning will pick the company that fit to corning strategy and provided the maximize profit to both company. Corning policy emphasis in the corporate ethic as they will not do the cherry-picking from the alliance, the strong tied between alliance management (decision maker level) make the organization move quicker and easier to share the resource between alliances or even expand the connection. The team oriented also reflected the alliance strategy, the employees in each level must be...
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...With these developments, it is obvious that conflicts between parties of different nationalities occur and liability to tax on income of foreigners especially among those engaging in trading venture. Whilst the laws affecting domicile and residence may be sufficiently settled, it is paramount for courts to pursue a detailed analysis to ascertain specific preliminary issues so as to avoid controversial rulings. Courts often handle numerous financial cases that involve what can be best described as foreign or international elements. In such cases, court must decide whether it has the jurisdiction under the Family Law Act 1975 to make a decision on such cases. In the event that it is determined that the court is invested with the jurisdiction to determine the case, the court has to consider whether there is a system of law in foreign country that also has the jurisdiction to handle the case. As it was addressed in the case Attorney General of New Zealand v Ortiz [1984] AC 1, these benefits and costs to either party if the case resolution is made in foreign country as compared with the apparent country should also be a subject of concern. [1] Legal systems in most countries around the world adopt community property regime, which takes effect at the inception of marriage or at the time of divorce. For instance, California and Massachusetts in the United States have adopted community property regimes that support equal division of assets upon divorce. However, this provision...
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...Adapted from Bernhardt & Kinnear (1988). Cases in marketing management, pp. 6-16. Plano, TX: Business Publications, Inc. Pay careful attention to the following points. They are often used by instructors to evaluate either a written or oral analysis. 1. Be complete. Each area of the situation analysis must be discussed, problems and opportunities identified, alternative presented and evaluated using the situation analysis and relevant financial analysis, and a decision must be made. An analysis that omits part of the situation analysis or only recognizes one alternative is not a good analysis. Second, each area must be covered in-depth and within insight. 2. Avoid rehashing case facts. Every case has a lot of factual information. A good analysis uses facts that are relevant to the situation at hand to make summary points of analysis. A poor analysis just restates or rehashes theses facts without making relevant summary comments. 3. Make reasonable assumptions. Every case is incomplete in terms of some piece of information that you would like to have. A good case analysis must make realistic assumptions to fill in the gaps of information in the case. For example, the case may not describe the purchase decision process for the product of interest. A poor analysis would either omit mentioning this or just state that no information is available. A good analysis would attempt to present this purchase decision process by classifying the product and drawing upon real life...
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