...I. Summary In the year between 1999 and 2001, Dick Brown was hired as the CEO and chairman of EDS (Electronic Data Services) Corporation which was one of the largest players in IT outsourcing to turn around EDS from down profits, flat revenues, indecisiveness, poor accountability, and organizational structure that did not fit its environment. Brown places a strong focus on the customer to provide them meaningful derive value. In order to achieve this new mission, he built skills in e-commerce areas and especially, aggressively chased mega-outsourcing contracts. There are three highlights of the long-term mega-contracts of EDS: 1) Mega-outsourcing contracts can lock in revenue streams for a significant period of time, for example, 10 years. However, these contracts involved in large amount of up-front outlays, which are typically debt financed, and wait for cash flow to pay them off. At the same time, the cost related to running the client’s data processing operation for the contract period was locked in. 2) The price of the contract is negotiable with clients. Typically, the contract price decreased over the like of the contract. Moreover, if there were large discrepancies existing when comparing with EDS competitors, the clients can negotiate a lower contract price or cancel the contract. In this case, EDS was not reimbursed any up-front cost. 3) Economic downturn and other events would reduce EDS’ contractual revenues. Brown changed the internal environment...
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...Strategies for Communication and Collaboration GEN/200 Lisa Tabarez Strategies Communication has existed since man set foot on this planet. Before there was language, people communicated by signs, sounds, and symbols. People need to communicate for survival purposes, such as trading, protection, and bonding. Communication has changed as the world evolves and technology changes. Nowadays it is essential to be able to communicate at home, school, and work. Strategies for communication and collaboration are important because they will help understand each other’s learning styles and personality types to work effectively as a team. It takes time to communicate as a team because every member has a different learning style. There are different learning styles, and one of the most common styles is kinesthetic. Kinesthetic learners learn the material by doing a physical activity, rather than listening or watching a presentation. During a presentation, the speaker might want to give the kinesthetic learner an activity involving their hands. A kinesthetic learner might be able to collaborate by building constructive activities, such as posters, sculptures, and boards. Another learning style is logical learning. A logical learner uses reasoning and organization of material rationally. A perfect way to communicate with a logical learner is to explain the subject in a sequentially order. A way to explain a logical learner how to write an essay, make him do it systematically...
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...UNIVERSITY FOR DEVELOPMENT STUDIES,GHANA CENTER FOR CONTINUING EDUCATION AND INTERDISCIPLINARY RESEARCH (CCEIR), NAVRONGO A PROPOSAL BY MUMUNI ELIASU For A MASTER OF ART DEGREE IN ENVIRONMENTAL SECURITY AND LIVELIHOOD CHANGE INTRODUCTION 1.2 Background Since the beginning of civilization of mankind, man found the use of minerals as indispensable material in sustaining life with the “lion cave” being the oldest known mine from Swaziland which proved to be about 43,000 years old. Hungary and the Ancient Egypt also mined flint and malachite respectively for weaponry tools and ornaments. (http://en.wikipedia.org/wiki/Mining) Mining generally is the extraction of valuable mineral deposits or other geological materials from the ground or earth. These deposits could be gold, bauxite, manganese, precious metals, diamond, oil, coal, limestone and many others. Any material that cannot be grown through agricultural processes created artificially in a laboratory or factory is normally mined. Mining normally involves prospecting for the mineral and final exploration if found, in the form of surface (strip) or underground mining. Surface mining is when the soil and rocks overlying the mineral deposits are removed. It is used when deposits of commercially useful minerals or rocks are found near the surface; that is, where the overburden(surface material covering the valuable deposit) is relatively thin or the material of interest is structurally unsuitable...
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...Every single country has its own legal system. Nowadays, there are few types of legal systems such as civil law, common law, customary law, and mixed law systems. Some country practices one type of legal system and practices the mixed legal system. Malaysia for example, practices the mixed legal system which includes the Common Law, Customary Law and Islamic law. The sources of Malaysian Law can be separated into two different laws which are written and unwritten. Written law refers to the law that is contained in a formal document and which has been passed by a person or body that is authorised to do so. In Malaysia, written law consists of the Federal Constitutions, State Constitutions, Legislation and Subsidiary legislation. Unwritten law, refers to the law that has not been formally enacted. The unwritten law consists of Judicial precedents, Islamic law, Customary law and English common law. Written law, the Federal Constitution is the supreme law of the land. It is a written constitution. It stipulates the powers of the Federal and State level and provides for a democratic system of government. It also establishes a constitutional monarchy and entrenches fundamental liberties of the individual. To ensure that the Federal Constitution is not easily amended, a special majority of two-thirds of the total number of members of the legislature is required for an amendment. State Constitution is own by each of the 13 states of Malaysia. These contain provisions which are counted...
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...Week Two Team Assignment Kudler Fine Foods Frequent Shopper Program Team C BSA/375 Fundamentals of Business Systems Development 5 August 2013 Kudler Fine Foods frequent shopper program project aims for an approximate 5% projected revenue lift over the next 12 months. The projected annual earnings plan is broken down into four categories. Project rollout and employee training earnings is estimated at one quarter percent. An estimated increase of one half percent is predicted during the evaluation and tweaking phase of the project. During this time, promotions will also be held. These promotions will give specials and customers a chance to join the program for special discounts. Operational analysis along with how issues will be addressed Kudler Fine Foods has no purchasing department but each department manager determines requirements for the items their department sells and places purchase orders directly with suppliers using a purchase order form that is standard between the three stores. It is the responsibility of the Department Managers to obtain the best price, quality, and delivery possible. The department managers also handle quality control and send an Order Received form to Accounting so that the invoices can be paid. The owner will also place orders mostly to unique, capital, or repair items that might be required by an individual store or for items used by all three stores, such as bulk Purchase Orders or Receiving forms. Prepared purchase order forms...
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...CONTENT 1.0 INTRODUCTION 2.0 PROCEDURE 3.0 FINDINGS 3.1 Sony’s resources, competencies and capabilities. 3.2 Why Sony is growth successful in the competitive consumer electronics industry. 3.3 As a non-typical Japanese enterprise, comment on the role played by Sony’s corporate cultural. 3.4 Sony’s background from 1987 to 2003. 3.5 Outline Sony’s strategies in including internationalisation and diversification. 3.6 Use Ansoff Matrix to evaluate Sony’s strategies. 3.7 Why was internationalization so important? 3.8 Sony’s strategy changes involved to be evolutionary. 4.0 CONCLUSION 5.0 REFENERCES 1.0 INTRUDUTION Sony was founded in 1946. One of Sony’s founders Akio Morita deems that “made in Japan” from contemptuous sentence become a compliment one, Sony contributed a lot. The purpose of my report is to analyse Sony’s resources, competencies and capabilities to explain its success, and evaluate Sony’s strategies including internationalization and diversification from 1987 to 2003. 2.0 PROCEDURE Material was collected from of Sony case study, media websites, economy magazines and books. 3.0 FINDINGS 3.1 Sony’s resources, competencies and capabilities. Sony’s resources have different sections. The first of all, Sony’s leader is excellence who founded this corporation. Masura Ibuka and Akil Morita are outstanding founders of Sony. They make a great contribution to Sony including solve the problems...
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...Penn Foster Exam 02800502 When Miss Hilo went on medical leave four months ago, her work was distributed among the executives, which has resulted in decreased professionalism from our assistants. Since then, there have been several discussions with employees regarding ways to increase productivity and office moral, without incurring over-time hours or further cost. We have concluded that there is a need to re-direct some of the workload from Mrs. Disselkoen, part-time assistant: back to Mr. Snyder, full-time assistant. For Mr. Snyder to retain his full-time hours, all work relating to Miss Hilo would be forwarded to him. Following, Mrs. Disselkoen assures us she will return to a high level of proficiency with her original workload, within her part-time schedule. To keep you informed, minutes from additional discussions would be passed on to you. After speaking with Miss Hilo, although not confirmed until her medical leave has concluded, I am under the impression she will not be returning to her position. With that in mind, as well as time constraints, I believe it is necessary to begin the process of seeking her replacement. In order for Executives Mr. Frank Daley and Mr. R. Alane to preserve their work standards, the added workload they’ve taken on should be considered temporary, therefore, with minimal effort and cost, a company-wide email and interoffice memos should be sufficient in recognizing employees aspiring to a promotion. If Miss Hilo returns to her position and...
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...Financial Reporting Problem Will Griffin ACC/290 March 7, 2014 Professor Makalintal- Torio Financial Reporting Problem The Verizon Company is a Wireless mobile communicator in the United States that provides wireless voice call services, messaging and data products and services to mobile operators. Charles R. Lee and Ivan Seidenberg were the brains behind Verizon. Verizon Wireless was founded in 1995 and is headquartered in Bedminster, New Jersey While Verizon is truly a 21st century company, when Verizon merge with bell Atlantic the mergers that formed Verizon were many years in the making, involving companies with roots that can be traced to the beginnings of the telephone business in the late 1990’s. The people that mergers formed Verizon were among the largest in U.S. business history, culminating in a definitive merger agreement, dated July 27, 1998, between Bell Atlantic, based in New York City, and GTE, which was in the process of moving its headquarters from Stamford, Conn., to Irving, Texas audited by Ernst & Young LLP, independent registered public accounting firm. Ernst & Young LLP has also provided an attestation report on the company’s internal control over financial reporting. Verizon is listed 0n NASDAQ. Now with my grid down below it details the cash and the cash equivalents. ------------------------------------------------- 2009 | ------------------------------------------------- 2010 | ------------------------------------------------- ...
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...Target Market The DesignerFinder expands upon the original target market of TJX stores. Target customers are typically, “middle- to upper-middle-income shopper who is fashion and value conscious and fits the same profile as a department or specialty store shopper.” The DesignerFinder appeals to the needs of this same group of shoppers. Because The DesignerFinder is a smart phone application the target market must own smart phones in order for it to be successful. With in the middle to upper-middle-income demographic that TJX already attracts 59% of people own smart phones. The target age range of a TJX customer is anywhere from 13-65, The DesignerFinder will more specifically attract shoppers between the ages of 13-45, which increases the use of smart phones within the target market to 76%. Additionally not every shopper needs a smart phone to use The DesignerFinder because often people shop in groups with their family or friends and only one person would need to have a smart phone for the rest of their party to be able to use the application. The typical TJX shopper is conscious of current fashion trends and designers, but also aware of their budget and not looking to spend a great deal of money to look good. The DesignerFinder appeals to the needs of the middle to upper-middle-class, aged 13-45, typically female shopper. In their current advertisements they focus only the female shopper, who is shopping for herself as well as her husband and family. According to our...
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...| Priority | What do you want to learn? | Why do you want to learn it? | A | Want to learn about the stock exchange | I am clueless about it and I think doing the project will teach me about the stock market. | B | I want to learn the accounting aspect of a company and how to run a profitable business | Because I want to own my own business one day and I think this will help. | C | Learn the way to run a business successfully | Because I want to be a business owner one day | D | | | 2.1 - Fundamental Information Set For Your Company | | Question | Source | Answer | | A | What is the official company name? | NYSE | Advanced Auto Parts, INC | B | What is Company headquarters address? | NYSE | 5008 Airport Road ROANOKE, VA 24012 | C | What is the Executive Office telephone number? | NYSE | 540-362-4911 | D | What is the Investor Relations telephone number? | Company Website | 540-561-6444 | E | What is the official company website? | NYSE | http://www.AdvanceAutoParts.com | F | What is the fiscal year ending date? | Company Website | 10/22/2012 | G | State of incorporation | Company Website | Delaware | H | What government agency, other than the SEC, has a significant impact on your Company? | | N/A | I | What is the trading symbol for your Company’s common stock? | NYSE | AAP | J | Which stock exchange lists the common stock for your Company? | NYSE | NYSE Technologies Global Market Data | K | What is the name of the stock transfer agent for your Company...
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...Ethical Situations In Business Task 1 Amanda Carlier Western Governors University Company Q is a small local grocery store operating in a major metropolitan area, currently behaving in a negative way in terms of being socially responsible. Recently Company Q has made some changes and closed two of their stores operating in high-crime rate areas due to losing money. Instead of trying to mediate the problem, they have a negative impact on the community by taking away jobs from members of the surrounding area. This shows no commitment to the consumers. They have also added some high-margin items of organic and health-conscious products, only after receiving years of requests from customers. Selling these items could increase profits helping in an economic way but also satisfying the customer’s wants and increasing customer loyalty. When asked about donations for the area’s food bank of day-old products, management declined instead opting to waste them and throw them out due to worries of possible fraud and theft from employees. Giving back to the community is an important philanthropic aspect of social responsibility and Company Q’s actions go against this. Company Q has a lackluster attitude of doing their part of being socially responsible and needs to install changes to be seen in a positive light. Company Q could remedy their current situation of a negative attitude towards social responsibility in many ways. Company Q said they closed two of their stores due to profit...
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...Small Business Idea Katrina Le`Vere University of Phoenix ACC 561 July 17, 2012 Samuel G. Smith Introduction Starting a business requires a decision governing what form of business organization the company or corporation should operate under. This decision must be made before the business has actually begun operations. The owner must make two initial decisions in order to begin their business operation: the type of business entity to be used and where the business assets will come from. The decision depends on several factors, including the capital requirements of the business, the flexibility of management decisions, costs of formation, government restrictions, and tax considerations. Sole proprietorship, partnerships, corporations, and S-corporations are four legal forms of business organization an entrepreneur may consider when forming a business. (Sitarz, 21) Advantages and Disadvantages of the four business forms of organization The most common and simplest form of business organization is sole proprietorship. It is the least regulated of all types of business structures. Sole proprietorship is the traditional unincorporated one-person business. The advantages of sole proprietorship are: less expensive to start up, owners have full control over management decisions, owners receive the profits, and they can transfer or sell the business at their discretion. Some disadvantages to choosing sole proprietorship...
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...Keisha Grubb Chapter 1 Outline Business Now: Change is the Only Constant 1:1) Business Now: Moving at Breakneck Speed * Technologies forge instant connections across the globe. * Successful firms : Seek the opportunities and avoid the pitfalls, carefully evaluate risks, complete understand their market, adhere to ethical practices * Their core goal: To generate long-term profits by delivering unsurpassed value to their customers. * Over the past few years explosive growth in Facebook and Twitter has played a pivotal park in forging a new role for both businesses and consumers in today's dynamic business environment. * Census Data : * The median household income is the U.S. is roughly $50,000. * The top 40% of Americans earns 75% of the money. * Four in ten kids are born to single moms/ * By 2010, birthrates had dropped to an all-time record low. * 60% of Americans now live in the South and West regions. * 26% of men make six or more cell phone calls a day. 1:1a) Business Basics: Some Key Definitions * Business- any organization that provides goods and services in an effort to earn a profit. * Profit- The Money that a business earns in sales (or revenue) , minus expenses, such as the cost of goods and the cost of salaries REVENUE – EXPENSES = PROFIT (or LOSS) * Loss- When a business incurs expenses that are greater than its revenue. * Despite the meltdown of 2008, American new business creation hit...
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...D1- Evaluate the appropriateness of business information used to make strategic decisions. Strategic decisions are the decisions that are concerned with whole environment in which the firm operates the entire resources and the people who form the company and the interface between the two. In this task I will talk about the appropriateness of business information used to make strategic decisions. Having correct information before you make a decision that affects the whole company is vital for the company in the economic environment we are currently in at the moment. Verbal information - Is the sharing of information between individuals by using speech. Individuals working within a business need to effectively use verbal communication that employs readily understood spoken words, as well as ensuring that the enunciation, stress and tone of voice with which the words are expressed is appropriate. Verbal information ensures that you have a strong relationship and you build a trust between the individual that you are trading with, when making important decisions that affect the whole business you need to make sure that you know the individual of company and their history when you are dealing with them a background check is also important because then you have a reassurance that you will not be ripped off. Business professionals demonstrating effective verbal communication skills use spoken words to convey a message clearly and concisely. To get a message across, the sender needs...
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...Assignment 1 Critical Essay Introduction: This essay will attempt to critically explain how the poor economic climate in the UK might affect the marketing mix of a start-up retail venture in the high street. This essay will walk through the processes of starting a retail business venture in the high street and discuss how the economy and the marketing mix directly effects each step. To do this it will be vital to explore the current economic climate and what a poor economic climate means? A definition of a poor economic climate “a recession is a decline in growth, domestic product for two consecutive quarters and a depression as a prolonged recession resulting in falling prices, reduced purchasing power, excess in supply, unemployment, and a general reduction in business activity” (Downes,j.,& Goodman,J.E.(1995).Dictionary of finance and investment terms Hauppage,nj:Barron’s educational series) This has been the case for the UK since 2007 as we are in what is known as a double dip recession narrowly escaping a triple dip recession. (BBC News 2013, http://www.bbc.co.uk/news/business-22290407) This downturn indicates that the UK is indeed suffering from a poor economic climate having the effect of less spending and so less trade occurring in the local, regional, continental, or global marketplace. How this relates to a start up venture in the high street has both negative and positive effects. To look at each of these effects it is best to look at the entire...
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