...Examining a Business Failure The Chrysler Group LLC was established from a not so successful merger between Daimler and Chrysler in 1998. It was in 2007 that Damiler sold Chrysler to Cerbus Capital Management. After filing for Chapter 11 bankruptcy, Chrysler Group LLC, formed in 2009 to establish a global strategic alliance with Fiat S.p.A., produces Chrysler, Jeep, Dodge, Ram, Mopar, SRT, and Fiat vehicles and products. With the resources, technology, and worldwide distribution network required to compete on a global scale, the alliance builds on Chrysler Group’s culture of innovation, first established by Walter P. Chrysler in 1925, and Fiat’s complementary technology that dates back to its founding in 1899 (Chrysler Group LLC, 2012). This paper will show what organizational behavior theories could have been used to predict the company's failure. Reasons For The Chrysler Failure A partnership is a mutually beneficial and continual relationship between seller and a buyer. Partners prefer to be based on dependence to each other than to behave as adversaries. Both will lose if any of them would abandon the partnership (Gherasim, 2001). Partnerships came in various forms such as mergers, acquisitions, or joint ventures. A company in trouble may utilize any given one as an option to achieve organizational growth or a global presence. Chrysler's reason for failure was that the partnership began solely on financial and economic information. What was not taken into account...
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...The Prevalence of Heart Disease for African Americans Lucinda Kroll Grand Canyon University The Prevalence of Heart Disease for African Americans American physicians have drastically reduced cardiovascular mortality and the death rates have decreased 17% since the 1990's (Nash, 2003). Their have been so many advances in open heart surgery, heart transplantations, and thrombolysis in the past decade. Their have also been great strides made in medications with heart disease patients (Nash, 2003). Unfortunately, the African American culture has not seen as much advancement as other cultures (Nash, 2003). African Americans have the highest rate of heart disease compared to all other ethnic groups (Nash, 2003). The CDC reports the 24.5% of deaths caused by heart disease in 2008 were African American and they had the highest percentage compared to other cultures (CDC, 2015). African Americans are at three time's greater risk to develop heart disease than Caucasians and two times more at risk of death from heart disease (Winham and Jones, 2011). For example, African Americans have been diagnosed at younger ages than Caucasians and are more likely to die from heart failure (Nash, 2003). They are also at a younger age when they experience their first myocardial infarction than Caucasians (Nash, 2003). Sadly stage 3 hypertension (ie., blood pressure >180/110), is reported to be the highest in the world for the African American community (Nash, 2003). This cultural also...
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...University of Phoenix Material Fifties and Sixties Culture, Consumerism, and the Economy Matrix Student Name: Keyiana Moye Section 1—Economic Miracle. Create a matrix overview of the economic expansion following World War II. Select five of the following topics to shape a response, and explain their significance to American history: Dwight D. Eisenhower, Adlai Stevenson, The Fair Deal, Nuclear Power, Government Spending, Suburbs, The Modern West, Keynesian Economics, Corporate Consolidation, The Postwar Contract, AFL-CIO, Antibiotics, The Salk Vaccine, DDT, Television, UNIVAC, Interstate Highways, Paul Samuelson |Topic |Significance for American History | | | | | | | | | | | ...
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...does shape generations to come. Americans, for the most part, accept this as an important and necessary ingredient in the fabric which sets us apart from other cultures in the world. It is a heritage that is uniquely ours. Cultural traditions and stories provide a basis upon which generations to come can connect to all the factors that have shaped how they are living today. The next generation learns from the last and ancestral stories are repeated, passed down and incorporated into the fabric of the uniqueness of individuals within a culture. Within the vast boundaries of our nation there are unique and geographical cultures that have succeeded in surviving despite the odds and then there are the stories of those who didn’t succeed. Both cultures build upon bonding born from the hardship of working the soil in rural America, but only one of these cultures has found a way to liberate its people and share the truths associated with those struggles. Maya Angelou speaks to the African American Culture in her work “Reclaiming our Home Place”. She captures the tragic yet rich history of the America’s south and how celebrating this history as a culture has set the once enslaved African American free. (Angelou) Further to the northwest, based in the rural by-ways of America is the story of the people who claimed the plains as their heritage as told by Kathleen Norris in “Can you Tell the Truth in a Small Town?” The plains and her people’s culture faced very different struggles and...
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...1: Examining a Business Failure Leaders and managers in an organization set the stage for implementing values within the workplace. Many large companies have failed because of the decisions made by top leaders. Such major companies as Tyco International have gone through business failure due to the lack of organizational structure. Proper leadership and adequate management are a few of the behavior theories that explain the company’s failure. Tyco, incorporated in 1962, was focused in material science and energy conversion products. Dennis Kozlowski CEO of Tyco let Tyco’s flourish to a $37 billion company in 1992 naming Tyco as one of the world’s largest corporations (American-Business 2002). Tyco soared in the stock market with every acquisition and with help from CFO Mark Swartz, Kozlowski took Tyco straight to the top. Although all was well, Tyco had gotten into a certain practice called spring loading. Spring loading refers to the action of timing an option grant to precede the public news release which provides the holder with an instant profit (Investor Words 2011). This practice reported the earnings of the company being acquired, showing an instant boost to Tyco after acquisition which was funded with stock. As long as the stock was high, they were able to purchase more companies. The company’s rising stock prices and enlarging earning statements were not the product of growing volume but were brought forward by cheating and fraud (American-Business 2002). Shortly...
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...To what extent did the black power movement hinder the success of the civil rights movement? The black power movement branched off from the civil rights movement; however it had a very different approach then the civil rights movement. The civil rights movement had a peaceful nonviolent approach to the improvement of the black condition in America, where as the black power movement believed in using militancy and self-defence if provoked. The black power movement can be seen as a failure and an obstruction to the civil rights movement however the black power movement also had its success. An example of the success are the impact black power had on troubled black youths of the ghetto and the impact it had on black culture whereas an example of its failures among many are the division of the civil rights movement the alienation of white liberals and the corruption within the black power itself. The most important reason why the Black Power Movement was a failure to a fairly large extent was because it divided up the Civil Rights Movement. The Civil Rights Movement had, by the time the BPM emerged, achieved quite a lot, it had managed to get the Civil Rights Act of 1964 and the Voting Rights Act of 1965 passed. This proves that the movement had been successful and through the emergence of the Black Power Movement, members of the Civil Rights Movement got divided up over whether this was right or not. On the one hand, Martin Luther King, the head of SCLC one of the top organizations...
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...international borders. It first begins with the history of how Disneyland became so successful and expanded to various states across the country. It then describes about its first international success namely the Tokyo Disneyland and the factors affecting it. The case then describes Disney’s decision of expanding into Europe. The various differences and problems faced in setting up of the amusement park. Some of the major issues in setting up of the park were: * Cultural differences between the European and the American market * Environmental and location factors for setting up the amusement park * Financing and initial business plan were not analysed thoroughly in synchronisation with external economic factors * French labour laws were not taken into account while inducting the workforce * Management issues such as different attractions in the park It was understood that the chief reason for Euro Disney’s failure was a lack of understanding of European culture on Disney’s part. Based on the understanding from the case following recommendations were made: * A study in history and an understanding of the European market place would have enabled the Disney executives to anticipate many of its problems. * The mantra “think globally, act locally” would have helped Disney in better catering to the local needs. For instance, Disney does not sell alcohol within the parks and they tried to impose the same in Euro Disneyland. This was subject to opposition as French...
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...that day. I never thought that fusion of two different cultures felt so appetizing. Americanization just didn’t bring a new form of food to the historic land of India, it was much more. India is a land of vivid taste buds, an emerging economy and home to a very wrong conception about American culture and Americanization imported with it joy, the wrong conception about American life, and hard work, which in fact are shaping the Indian culture today. As an Indian I have seen how local Indian flavors restricted American giants like KFC, Coca-Cola and PepsiCo to be successful in the Indian market. Who in the whole world ever thought that KFC would include more vegetarian options than chicken on its menu? In his article “In 2000 Years, Will the World Remember Disney or Plato?” Mark Rice-Oxley frames a picture in our mind through his writing, describing a usual American day but in London. Thus leading us to his main argument, in 2000 Years, Will the World Remember Disney or Plato? He claims basketball is climbing the ladder, becoming more important in our lives each day and it’s not just basketball, but we are under the skies governed by American soft power. We can find, through examples, in the article that world cultures in some countries have given their own unique twist to the overtaking American culture. For instance, Japanese have taken the ideas of Fast-Food and Hip-Hop and given them a new twist, according to their culture and lifestyle. But the article comes to an end with the...
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...EGT1 Task 4 Rebecca Fertig 12/24/2012 Introduction Cross cultural marketing refers to the strategic process in which marketing is conducted among people whose culture differs from that of the marketer. The differences in culture occur in various aspects like social norms, values and language. The differences also include such aspects as the living styles and education of the people. This paper addresses the need for company A which is US based to understand cross cultural marketing in China. The paper clearly defines the different areas which the company must consider when launching into China. This results from the fact that cross-cultural marketing requires sensitivity on the marketer. Failure to understand the tactics leads to the eventual failure of the marketing. Understanding the culture of the Chinese people and incorporating it into the marketing mix of Company A will result to the success of the company. Major Cross-Cultural Issues That May Impact Company A’s Marketing Approach There are various issues that make the country of china and US tremendously different in their cultures. One is the social structure which is extremely hierarchical and formal in China. This means that people should know their place in the hierarchy and fix themselves accordingly (Dsouza, 2012). One is not supposed to cross the boundaries into other areas. This differs from the way it is in America and where the structure is informal and loose. This is based on the...
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...“Fences” was created as the fifth part of his Pittsburg Cycle of dramas of the 20th Century investigation of the evolution of black culture (Gantt, 1; Gantt, 2).The play uses symbolism and metaphors that tell the late life story of Troy Maxon and the family that surrounds him. Even from the beginning of the drama there is conflict and foreshadowing that can be attributed to his own belief that he has failed in life, and that the world did not give him what he deserved. He believes that he has to go outside of the family to find refuge and that is how the story begins and ends. Using Formalistic analysis the essay will focus on the recurring themes in each act and scene of the drama to build to the last scene and the conclusion of the play (Chapter 3, 37).The point of view throughout the play is told through the eyes of Troy Maxon as viewed by the audience. He is the lead in the drama, and all plots revolve around his life and his decisions, some good and others not so good. These recurring themes also give the audience an understanding as to the life of the African American, both male and female, in the mid to late 1950s and early 1960s. Life was improving in the sense of gaining citizenship, but this was also before the civil rights movement and shows that citizenship did not mean acceptance or understanding of the assimilated African American culture, or putting into the open the injustice of the past (Burbank, 118). The second focus of this analysis is the combining of...
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...are the authors of this assignment and that any assistance we received in its preparation is fully acknowledged and disclosed herein. We have also cited any sources from which we used data, ideas or words, either quoted directly or paraphrased. We also certify that this assignment was prepared by us specifically for this course. Student’s Signatures ___________________________________________________ ___________________________________________________ ___________________________________________________ ___________________________________________________ Table of Contents Definition of Problems 3 The Lack of Ethical Culture and Stakeholder Orientation 4 Low Board’s Professionalism 5 Poor Trust and Excessive Emphasis on Marketing 5 Identification of Possible Action Alternatives 6 Analysis of Each Alternative 7 Doing Nothing 7 Hiring a New Board of Directors 7 Developing a New Code of Conduct 8 Developing a New Organizational Strategy to Reconstruct the Ethical Climate 10 Decision 10 Implementation 11 Evaluation 13 Conclusion 14 References 15 Case Decision Making Paper- Red Cross In a world of intensive competition and numerous marketing challenges, maintaining trust in the organization-stakeholder relationships is an extremely difficult task. Numerous organizations have failed to achieve the desired...
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...II, the king of Spain, sent a letter in Spanish to all of the Native Americans who were now ruled by the Spaniards saying that they should “recognize the Church and its highest priest, the Pope, as rulers of the universe.” Ferdinand actually wrote that they should “unconditionally and of their own free will [become] Christians.” The letter was very threatening, and stated that failure to convert into Christianity would lead to oppression against themselves as well as everything and everyone they loved. Ferdinand and Columbus were on the same side concerning the value of Native American lives. Bartolome de Las Casas claimed that the Spaniards Christians were the most violent. Columbus and all of his men were most likely the reason in which Bartolome de Las Casas wrote this. The Spaniards believed that the Taíno were the problem, but thought their inhumane acts were in some way justifiable. The Spaniards would often torture Indians for their unChristian religious beliefs, mostly because of Ferdinand’s letter. They believed that their torture methods were simply manual labor. By that time, the Taíno were seemingly slaves....
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...later, another acquisition deal involving 74 units of the market chain Interspar was negotiated between Wal-Mart Inc and Spar Handels AG. (Arndt, Knorr, 2003) The negotiations were a success, and through the acquisitions Wal-Mart had quickly evolved into one of the biggest operators in the German hypermarket industry. Though the first acquisition was considered to be a wise investment because of Wertkauf’s previous success, Interspar was not looked at the same way. The Interspar hypermarket chain was in serious need of financial reformation as the business itself was unprofitable. Wal-Mart did manage to improve the line of former Interspar hypermarkets; however other factors played a role in the failure of our expansion. This report will disclose non-financial aspects of Wal-Mart’s failure to succeed in Germany. Problem Statement Wal-Mart needs to adjust its business plan in a way that facilitates cultural understanding and adheres to the laws and regulations of Germany. Measurable Objective and Long-term Goal With a very small market share at 1.1%, (Sundarji, 2012) turnover of 2.9 billion Euros and further losses of 1 billion Euros, (Arndt, 2003) a long-term goal would be to make the business profitable, increase employee satisfaction and. An increase of the market share, elimination of debt, reversal of employee cuts and an increase in consumer attendance could all be measures of a successful turnaround. Analysis Wal-Mart took a very aggressive and arrogant...
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...Fortune 500 Companies Nose-Dive in the Chinese Market Candice Tabb International Business MGMT 338 5 December 2014 Duane A. Beaudoin Abstract Fortune 500 companies Home Depot, BestBuy, and Mantel have all failed in the Chinese market. External forces such as competitors and sociocultural effect the companies’ ability to overturn a profit resulting in a complete withdraw. The ideal profitability of China’s market has shown resistance to standardized companies. The unwillingness to adapt and conform to consumers and the lack of preparation on all three companies serves as a lessons learned and displays the true setback of standardizing a product vs. adapt or formulate a new. Fortune 500 Companies Nose-Dive in the Chinese Market China’s Foreign Direct Investment (FDI) and its economy have changed dramatically since the 1980’s. Revolution was widely due to the reform era lead by Deng Xiaoping. During the early 1980’s FDI was restricted to a small number of markets in certain regions. FDI policies evolved with time in the mid 1990’s and in the millennium, government policies relaxed and unified with domestic companies. Foreign companies are enticed into the Chinese market by its rising gross domestic product (GDP), favorable foreign exchange regulations, licensing requirements, tariffs, and taxes (Hale & Long, 2012, p. 2) Many U.S born businesses hop on the bandwagon in globalizing in economically stable countries. Hamlin & Li (2010) stated, “In 2010, China...
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...these barriers will often fall on the shoulders of healthcare providers; it becomes their job to help decrease the overall health disparity suffered by vulnerable populations. In this paper the subject to discuss is the vulnerable Mexican American population and will evaluate barriers faced by them as well as barriers faced by healthcare workers, and the methods that could be used in order to help decrease current health disparities. Mexican-Americans: A Population at Risk Mexican-Americans, especially aging Mexican-Americans are an extremely vulnerable population. Currently, Hispanics are the fastest growing ethnic population in the United States and as of the 2003 U.S. Census, their population, “grew at a rate almost fourfold that of the general population—13% vs. 3.3%--over a 39 month period” (Keating, et al. 2009). That being said, non-English-speaking immigrants are often socially and economically disadvantaged, which impacts health disparities (Keating, et al. 2009). Barriers to Care There are many barriers that are working against the current attempts to decrease health disparities. One of these barriers is the fact that many Mexican-American people cannot afford good health insurance. In fact, many elderly Mexican-Americans who would greatly benefit from professional medical assistance are unable to obtain it because they did not qualify for Medicare (Crist, 2002). Often times this...
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