...CEO, Dell has made more than 10 acquisitions, cut about 10,000 jobs, and hired executives from Motorola and Nike to add more excitement to its product line. Its $3.6 billion purchase of Perot Systems allowed it to expand into higher-margin computing services. Nevertheless, Dell’s stock fell 42% since January 2007, during a period in which Hewlett-Packard’s stock gained 11% and IBM gained 31%. The industry’s focus shifted from desktop PCs to mobile computing, software, and technology services—areas of relative weakness at Dell. Due to a changing industry, the com- pany’s original business model based on direct sales and value chain efficiencies had been abandoned. It was now using the same distribution channels, component providers, and assem- bly contractors as its competitors. Unfortunately, Dell’s emphasis on cost reduction and com- petitive pricing meant that it was no longer perceived as providing high-quality personal computers or the quality service to go with them. Previously a strength of the company, its customer service rating in 2005 fell to a score of 74 (average for the industry) in a survey by the University of Michigan. Complaints about Dell’s service more than doubled in 2005 to 1,533. Although the company successfully worked to improve customer satisfaction by adding more service people, more people meant increased costs and smaller margins. In order to improve the company’s competitive position, Dell’s management initiated a three-pronged strategy: Improve...
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...New Year’s Resolutions I WILL NOT Drink more than fourteen alcohol units a week. Smoke. Waste money on: pasta-makers, ice-cream machines or other culinary devices which will never use; books by unreadable literary authors to put impressively on shelves; exotic underwear, since pointless as have no boyfriend. Behave sluttishly around the house, but instead imagine others are watching. Spend more than earn. Allow in-tray rage out of control. Fall for any of the following: alcoholics, workaholics, commitment phobics, people with girlfriends or wives, misogynists, megalomaniacs, chauvinists, emotional fuckwits or freeloaders, perverts. Get annoyed with Mum, Una Alconbury or Perpetua. Get upset over men, but instead be poised and cool ice-queen. Have crushes on men, but instead form relationships based on mature assessment of character. Bitch about anyone behind their backs, but be positive about everyone. Obsess about Daniel Cleaver as pathetic to have a crush on boss in manner of Miss Moneypenny or similar. Sulk about having no boyfriend, but develop inner poise and authority and sense of self as woman of substance, complete without boyfriend, as best way to obtain boyfriend. I WILL Stop smoking. Drink no more than fourteen alcohol units a week. Reduce circumference of thighs by 3 inches1 (i.e. 1. inches each), using anti-cellulite diet. Purge flat of all extraneous matter. Give all clothes which have not worn for two years or more to homeless...
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...The Index The Index | 1 | The Introduction | 2 | Financial Subprime Mortgage Crisis Causes | 3 | Introduction & Background to the Situation of the Egyptian Economy prior to the Global Financial crisis | 10 | Financial Subprime Mortgage Crisis Impacts on Egypt | 13 | The Egyptian Economy & the crisis | 21 | The Conclusion & Solutions | 23 | The References | 27 | The Introduction In the second half of 2008, the world economy went through a serious financial upheaval that sparked off in the United States and spread to Europe and the rest of the world. The negative consequences of this financial crisis had bitten the Egyptian economy in many fields. Egypt’s growth rate witnessed setbacks and may have posted its slowest annual growth in half a decade in 2008–2009 as the global crisis hit revenue from tourism, migrant labor remittances, the Suez Canal, export revenues, and investment. The severity of the crisis and its uncertainties demonstrated the need for urgent action to restore financial stability, lead the economic recovery and secure a sustainable future for the country. This paper therefore critically discusses the current global financial crisis and its impact on Egypt. It presents an overview of the Egyptian economy prior to the crisis, followed by an assessment of the depth and impact of the crisis on sectors of the Egyptian economy. Additionally, the paper highlights the actions taken by the Egyptian government to weather the effects...
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...Why the U.S.’s deficit, surplus and debt have an effect on a domestic automotive manufacturing (exporter) and The United State’s financial reputation on an international level The United States financial reputation on an international level The new economic cycle; 2000 to 2001 the United States economy has gradually dropped. This dropped occurred before September 11, 2001 terror attack and continued during the international financial crisis. The United States is struggling with the fundamental or comprehensive which has hinder the strength of the United States. One major problem is the fiscal and trade deficits. "In 2010, the fiscal deficit in the United States was $1.3 trillion or approximately 9 percent of U.S. GDP" (The Brookings Institution.) The budget deficit and debt limit the resources to spend on production and investment. Similarly, the impact of imported products on employment in the United States is not as much as great as some sensational arguments might make it appear. This is because most products imported by the United States are not produced by the United States, or are produced by the United States in a quite small amount. A domestic automotive manufacturing (exporter) The U.S. current account goods and services trade deficit which is balanced by our foreign investment surplus. Trade just means exchanging in which when we export fewer foreigners then they export to us. In all actually The U.S. could be getting compensate for that. By exporting less than...
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...Com put er Fundam ent als: Pradeep K. Sinha & Pr it ii Sinha Com put er Fundam ent als: Pradeep K. Sinha & Pr it Sinha Ref Page Chapt er 9: I nput - Out put Dev ices Slide 1/ 58 Com put er Fundam ent als: Pradeep K. Sinha & Pr it ii Sinha Com put er Fundam ent als: Pradeep K. Sinha & Pr it Sinha Le a r n in g Obj e ct ive s I n t h is ch a pt e r you w ill le a r n a bou t : § I nput / Out put ( I / O) devices § Com m only used input devices § Com m only used out put devices § Ot her concept s relat ed t o I / O devices Ref Page 148 Chapt er 9: I nput - Out put Dev ices Slide 2/ 58 Com put er Fundam ent als: Pradeep K. Sinha & Pr it ii Sinha Com put er Fundam ent als: Pradeep K. Sinha & Pr it Sinha I / O D e vice s § Provide m eans of com m unicat ion bet ween a com put er and out er w orld § Also known as peripheral devices because t hey surround t he CPU and m em ory of a com put er syst em § I nput devices are used t o ent er dat a fr om t he out side world int o prim ary st orage § Out put devices supply r esult s of processing from prim ary st orage t o user s Ref Page 148 Chapt er 9: I nput - Out put Dev ices Slide 3/ 58 Com put er Fundam ent als: Pradeep K. Sinha & Pr it ii Sinha Com put er Fundam ent als: Pradeep K. Sinha & Pr it Sinha Role of I / O D e vice s Input data from external world Input Devices CPU and Memory Output Devices Results of processing in human acceptable form Input data coded in internal...
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...Behavioural Finance - Erin McCall Who Wants To Be A Millionaire? Deal Or No Deal? WHO WANTS TO BE A MILLIONAIRE? 1) The risk averse investor would accept the safety level of $500,000 because they would refuse to accept any risk. The risk neutral investor would have been indifferent had the expected payout for both options been equal however, given that the expected payout for the guess is higher than that of the sure thing the risk neutral investor would choose to guess. The risk lover investor would always choose the option pertaining to the most risk and therefor choose to guess. 2) The expected value of the guess is $15 million [(0.5 x 30M) + (0.5 x 0)]. However, the actual outcome will either be $30 million or $0. 3) The average person would choose the safe $10 million because their marginal utility after that point begins to decrease. $10 million is far higher than the average American’s income of roughly $51,000 , implying that most people would recognize that $10,000,000 is a life changing amount and not be willing to risk it for $30,000,000. The individuals who choose not to risk the guaranteed $10,000,000 are most likely female , an older adult , married and in a low to moderate-income profession. Females are inherently more risk averse than men, making them more inclined to take the sure thing rather than risking it. Older adults must consider their sources of income after retirement as well as potential medical considerations when determining...
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...THE TATA NANO MAKES HISTORY USING DIGITAL MANUFACTURING On January 10, 2008, India's Tata Motors unveiled its Nano car. It was an historic moment, because the Nano was the cheapest auto ever made at that time, with a price tag around US $2,500. The Nano joined Ford's Model T as a car within reach of millions of people who previously could not afford one. Tata Motors started its Nano project in 2003, when a team was charged with creating a car that would cost no more than about US $2,500 without compromising on safety, aesthetics, or value to the customer. It was a Herculean task. Tata met the challenge by using digital manufacturing systems to dramatically shorten the time required to design the new product and bring it to market. The ability to develop and produce new products with many different variations within a very short time span is a key competitive advantage in the automotive industry. Until a few years ago, it would have been impossible to design and produce the Nano at this price. Tata Motors had outdated manufacturing processes. Manual effort was required to create and maintain processes, plants, and product design, resulting in longer lead times to choose the appropriate tools for an operation. The company had to create programs manually for assembly line robots, a process that was error-prone and time-consuming. Such delays had a number of negative consequences: Data used to plan a vehicle became useless over time, and the company was unable to easily...
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...Hussein Tawil 201620152 Presented to Dr. Assem Saffieddine The Long Run Performance of Convertible Debt Issuers As convertible debt has become a major source of financing in USA, a study was performed to examine the long run operating performance and stock price performance of 828 convertible debt issuers relative to matched, non-issuing firms, which serve as a benchmark to compare and analyze the attained results from the study. The selected firms to conduct this study meet specific conditions, for example, the availability of the firms balance sheet, stock price and convertible debt data; a maximum of 1 convertible debt offer is included per year, and the firm’s stock should be listed on NYSE, AMEX, or NASDAQ. To measure the long run operating performance, pre-tax operating cash flow (EBIT) were used instead of net earnings (NI) as taxes and interest can obscure the operating performance, which is the focus of the study, in addition, the operating cash flows represent the economic benefits represented by the firm. The duration picked for the study was the year of the issuance, in addition to 3 years prior and the 3 years after the issuance, making it a total of 7. The operating performance was then analyzed by studying the performance relative to the year before the offering of the convertible debt (year -1), it was shown that there is an improvement of operating performance before the issuance but a large decline in the short period after it. Looking at this from...
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...* * How and why is it important for businesses to engage with the media during a crisis? What strategies are successful in external communications for business during such times? Compare & contrast two news stories which centre on a crisis for different businesses giving detailed analysis of each communications strategy. This Essay will begin by reviewing crisis definitions and message strategies. Next it will explore translation strategies used by organisations involved in a crisis to communicate with stakeholders. The essay will then consider Ford–Firestone’s tire failure crisis of 2000 as an example of poor crisis management, and contrast toy maker Mattel’s recall crisis of 2007 as an example of successful crisis management. It will first lie out the rhetorical context of each case before embarking on a detailed analysis equating the effectiveness of both firms’ external communications, and in the case of Ford-Firestone, how these might have been alternatively approached in order to avoid detrimental reputational damage. * Fink (1986, from King, 2000) defines an organisational crisis as ‘a situation that can potentially escalate in intensity, fall under close government or media scrutiny, jeopardize the current public image of the organisation or interfere with normal business operations.’ Pearson and Mitroff support this in their ‘five dimensions of a crisis’, explaining that the situation will be ‘highly visible, require immediate attention, have a surprise...
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...Auditing Standards Accounting 491 November 16, 2015 Dwayne Thompson Auditing Standards The art of auditing has evolved over several decades. The use of technology has changed the procedure significantly. Along with the evolution of standards and procedure are necessary to ensure economic growth and financial stability. Before 2002, it seems as though auditing took a reactive approach to questionable circumstances and dealings. Today the powers in control are producing a proactive approach. That is to say, standards and regulations are set in place to ensure users of financial data are getting timely and accurate reports. Elements of Generally Accepted Auditing Standards Information and history regarding Generally Accepted Auditing Standards (GAAS) are set in place for auditing private companies. Like other auditing procedures, these same rules are used for publicly traded companies (Loughran, 2015). Before the process of audit begins, there are certain particulars that are examined to ensure creditability of the reports' outcome. Audits are relied upon heavily to encourage an upward moving economy. The elements involved are, general standards, standards of fieldwork and standards of reporting. General standards refer to the competency of the auditor, his or her independence and the due professional care that is rendered. Standards of fieldwork encompass how the auditor performs his or her work. This guidance entails the gathering and organization of data that will ensure...
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...UNIVERSITY OF EDUCATION WINNEBA COLLEGE OF TECHNOLOGY EDUCATION KUMASI NAME : ASSEM GABRIEL AKROFI PROGRAMME : BSc (ACCOUNTING EDUCATION) LEVEL : 100 CLASS : B SUBJECT : ACCOUNTING COURSE CODE : ACC 111 NAME OF LECTURER : J.Y DWOMMOR INDEX NUMBER : 5151010092 QUESTION With the introduction of computer, accounting as an area of studying has out lead its importance because with two or three weeks of training, a computer programmer can prepare financial statement using computer application. A. What extend do you agree or disagree with this statement? B. In not less than two and less than five pages, write an essay on this issue. SOLUTION I disagree with the motion that a computer programmer can prepare financial statement on his own. To set the issue burning, let us consider who an accountant is and the role he or she performs in an organization as compared to a computer programmer. An accountant is anyone who monitors and records the flow of money through a business or an organization. He or she verify the accuracy of all monetary transactions and to make sure that all these are legal and follow correct guidelines. Accountants may choose to work private individuals and help them with their financial decisions, tax returns or other money related issues. The accountant practises accountancy and accounting which is the disclosure, measurement or provision of assurance about financial information which help investors, tax authorities, managers...
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...Running Head: Hewlett-Packard Supply Chain 1 DeskJet Printer Inventory Ernesto Gutierrez 5850 Logistics/Case 2 Webster University Stephen Lee 27 September 2014 Hewlett-Packard Supply Chain 2 Abstract In 1998 Hewlett Packard introduce one of the first printer products to gain sales over 600,000 units in 1990. With over $400 million in sales, Hewlett Packard had gain a foot hold on this market and was growing steadily at a rapid rate. Unfortunately, inventory growth had tracked sales growth closely. Already HP’s distribution centers were having issues maintaining inventory levels and were not able to maintain satisfactory product availability. Can a new logistics design be used to control this issue, will a delayed differentiation help with the issues faced at HP, When is it the right time for suppliers to be involved with new product development process. This paper will attempt to answer these questions to better understand the operations at HP and their supply chain. Hewlett-Packard Supply Chain 3 DeskJet Printer Inventory The inventory problems in the European distribution...
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...link like network working under the supervision of policies and system(saheed, 2013) Corporate governance and their characteristics are completely effects the firm performance. If any organization corporate governance is good then that organization performance also will be good. Corporate governance is good your managers and your clients will be good and also they give you positive response anytime (shammari and saidi 2015) Corporate governance Corporate governance is a rules and regulation to decrease the risk and to management is good. If management is good the result is good. Every organization becomes a successful that has good corporate governance. Corporate governance is an important role to success the organization (safiedeen assem and dima jamali 2014) There are financial and physical capital is still the main success of organization but nowadays the intellectual capital is also very important for any organization. Every one want to become success in their market but the main thing is that every successful organization has all these three source physical, financial and intellectual capital. Who has intellectual capital we say that market based economy. Intellectual capital totally depends on corporate governance because if corporate governance is good and there must be intellectual capital is good. The company corporate governance is good like rules regulation and who gives rights to shareholders, stakeholders, suppliers, customers, community and also minority shareholders...
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...temporarily prohibited from buying or possessing firearms. A person is only prohibited when a court determines they are too dangerous to have guns, and the bill directs judges to consider clear indicators of potential violence when making that decision. In fact, the Gun Violence Restraining Order process in AB 1014 mirrors the existing process for Domestic Violence Restraining Orders (DVROs), where courts weigh evidence about whether individuals are too dangerous to be allowed near their intimate partners or children. As with DVROs, GVROs would be issued only for a short period before the restrained person is entitled to a court hearing—guaranteeing that the person receives due process. Works Cited Assem. Bill 1014, 2013-2014 Reg. Sess. (Cal. 2014). By JUDY LIN - Associated, Press. "California Senate Passes Gun Restraining Order." AP Regional State Report - California (2014): Newspaper Source Plus. Web. 1 Nov. 2015. Centers for Disease Control and Prevention. (2010). Nutrition. Retrieved from http://www.cdc.gov/nchs/fastats/suicide.htm Combs, Brandon. "Opposition to Assembly Bill 1014." Letter to Nancy Skinner and Das Williams. 4 June 2014. MS. 970 Reserve Drive Suite 147, Roseville, California. "New California Law Will Restrict Guns for Mentally Ill Individuals - California Healthline." New California Law Will Restrict Guns for Mentally Ill Individuals - California Healthline. N.p., 1 Oct. 2014. Web. 1 Nov. 2015. National Center for Biotechnology...
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...Case Studies Solutions Case Studies Solutions,Article Writing,Assignments,Research Work,Home Work MenuSkip to content Home How We Work ? Refund Policy How to Order ? Disclaimer Contact Us Finance Cases List POSTED ON MARCH 8, 2013 Hello, If u want us to solve any case study from below list, do contact us anytime, We are here to provide the experience, expertise, and professionalism that you are looking for , Our tutors are available 24/7 to assist you what you need, Click Here to submit your Order. ======================================================================================= Acquisition of Consolidated Rail Corp. by Benjamin C. Esty Airbus A3XX: Developing the World’s Largest Commercial Jet by Benjamin C. Esty American Chemical Corp.by William E. Fruhan, John P. Goldsberry American Home Products Corp.by David W. Mullins AQR’s Momentum Funds by Daniel B. Bergstresser, Lauren H. Cohen, Randolph B. Cohen, Christopher Malloy Arundel Partners: The Sequel Project by Timothy A. Luehrman AXA MONY by Andre F. Perold, Lucy White Beta Management Co. by Michael E. Edleson Butler Lumber Co. by Thomas R. Piper Cartwright Lumber Co.by Thomas R. Piper Citigroup 2007: Financial Reporting and Regulatory Capital by Edward J. Riedl, Suraj Srinivasan Clarkson Lumber Co. by Thomas R. Piper Cooper Industries, Inc. by Thomas R. Piper Cost of Capital at Ameritrade by Erik Stafford, Mark L. Mitchell Debt Policy at UST, Inc. by Mark L. Mitchell Dell’s Working Capital...
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