Premium Essay

Centurion Media

In:

Submitted By syedasaaraa
Words 628
Pages 3
Introduction
The newly appointed President Joseph Fowler of Centurion Cable TV Division has signed a contract with Northpark Media for selling the advertising inventory at highly discounted rates. All the Vice Presidents and Sales Director have serious reservations against this decision. This scenario has led to conflict of interest among the stakeholders. But everyone except Bennette has decided to remain silent while Bennette always speaks out what he believes is the right thing to do. He never compromises over ethics and his integrity. Since he is about to retire in 2 years time, what should he do this time?
Main Problem
Conflict of interest exists within the company. Everyone in the regional sales departments is not convinced with Fowler decisions but they feel threatened to lose their jobs if they raise their voices.
Reasons for the Problem
- Fowler’s Credibility: Fowler intentions are doubted since he has shares in Northpark. He was also suspected for hiring his brother Steve as his special assistant and giving him broad authorities in areas where he had no experience and expertise.
- Fowler’s Competence: Though Fowler led Northpark to impressive growth and profits, however, Reilly considered his friendship with him in college and early days at work in Centurion while hiring him for the presidency position.
- Fowler’s Skills: Good Negotiator. Hence, he was able to convince Reilly, Watson, Smith and others for signing the contract with Northpark.
- Fowler’s Style of Management: Fowler was dictatorial and had little patience towards those who disagree with him. He had the history of indiscriminately firing long-time employees.
- Sales Department Structure: Centurion Cable Division had autonomous sales department for every region. Rates were established by the regional vice president on the basis of the demand or commercial placement and

Similar Documents

Premium Essay

Centurion Media

...Summary Centurion Media’s cable division is about to sign a contractual agreement with Northpark Media. Centurion owns 25% of Northpark’s outstanding common stock shares. This agreement would give Northpark rights to all Centurions’ advertising inventory at severely discounted prices. This contract was signed by Centurion’s new president of cable, Joseph Fowler. Fowler was previously CEO of Northpark Media. He is still one of the board of directors at Northpark and rumor has it he has a large amount of Northpark stock. Richard Bennett has been Vice President for the SE Region of Centurion Cable for the last ten years. He has had a lot of success building relationships with customers, while also increasing the profits and sales substantially year after year within the region. He owes much of his success to the team that he has around him, most of which have been by his side since he became Vice President of the region. Vicki Porter, Sales Director of the SE Region, has been of great help to Richard and is said to be in line for Richard’s VP spot when he retires. Bennett, along with many other members of the cable division feel that the contractual agreement with Northpark will severely handicap the company, deteriorate relationships with current customers, and result in substantial financial losses for Centurion. Rumor has it that eventually Fowler plans to dismantle the regional hierarchy approach to the sales regions and have all regions report to Fowler’s brother, who...

Words: 870 - Pages: 4

Free Essay

Ingenner

...Philips, la multinacional holandesa de la electrónica, ha conseguido superar los números rojos. En el año 1991 obtuvo unos beneficios netos de 1.200 millones de florines (cerca de 70.000 millones de pesetas) frente a los 4.200 millones de florines de pérdidas (235.000 millones de pesetas) registrados en el año 1990. Pese a la mejoría de los resultados, la compañía asegura que llevará adelante sus planes de reestructuración y los recortes de personal. Las ventas de Philips crecieron también el pasado año 57.000 millones de florines contra los casi 56.000 millones de florines obtenidos en 1990. Durante la presentación de estas cifras, Jan Timmer, presidente de la compañía apodado también Huracán Gilbert, afirmó que no se desprendería de grandes partes de la misma o de divisiones completas. Sí reconoció, sin embargo, que los sectores deficitarios requerirán nuevas reestructuraciones y recortes de personal.En su primera aparición ante la prensa nacional e internacional en los últimos 20 meses, Timmer dijo además que Philips está aún lejos del lugar que desea ocupar en la industria. "Nuestro máximo deseo es aparecer entre las mejores firmas mundiales en todo lo que hacemos". Hasta ayer, el mundo financiero holandés se preguntaba al unísono si la multinacional habría sido capaz de obtener en 1991 unos ingresos cercanos a los 2.000 millones de florines (112.000 millones de pesetas). Dicha cifra se considera necesaria para que Philips recupere la flexibilidad financiera perdida...

Words: 436 - Pages: 2

Free Essay

Philosophy Notes

...1) No, he is not committing Gambler’s Fallacy. Because the black cards are not replaced when they are drawn, the chance of drawing a black card next decreases with each black card drawn. Therefore, after drawing 5 black cards in a row, the chances of drawing another black severely decrease and Achilles is correct in betting that a red card will be drawn next. 2) a. Pr(A&R)= 1/3 * 1/4 = 1/12, Pr~(A&R) = 11/12 b. Pr(A&Y)= 1/3 * 3/4= 1/4; Pr(B&R)= 2/3 * 3/5= 2/5; Pr((A&Y)v(B&R))= 2/5 + 1/4= 13/20 c. Pr(R)= Pr(A)Pr(R|A) + Pr(B)Pr(R|B)= 1/12 + 2/5 = 29/60 d. Pr(B|R)= (Pr(B)Pr(R|B))/Pr(R) = 24/29 3) e. 1/13 f. 1/13 * 3/51 =3/663 = 1/221 g. Pr(A|D1)vPr(A|D2)= 4/52 + 4/52 – 1/221 = 33/221 h. Only if we assume that the four spades drawn were the first four cards to be drawn, the answer would be 9/48 4) i. Pr(R1&B1)= 1/36 j. Pr(R1vB1)= 1/3 – 1/36 = 11/36 k. Pr((R1vR2)&(B1vB2)) = 1/9 l. Pr(~(R1vB1))= 1- Pr((R1vB1))= 1- 1/3- 1/36= 25/36 m. Pr((R1&R2)v(B1&B2)= 0 n. Pr(R1|(R1vR2vR3))= 1/3 5) Pr(P)= Pr(S)Pr(P|S) + Pr(~S)Pr(P|~S) = (3/5)(4/5) + (2/5)(1/5) = 14/25 6) Pr(A)= 1 (Tautology) Pr(B|A)= (Pr(B)Pr(A|B))/Pr(A)= Pr(B) (Bayes Theorem) Pr(A|B)= 1 Pr(B|A)=...

Words: 306 - Pages: 2

Free Essay

Corporate Governance in American Express

...Corporate Governance at American Express By Ahmet Emre Kuzudisli BUS 707 – Corporate Governance 8130 Boone Blvd Suite 240 Vienna, VA 22182 (571) 721-0934 aemreku@gmail.com Instructor: Dr. Shawn P. Richmond Washington Baptist University, Fall 2014 ABSTRACT This project will serve as a research and report of corporate governance at American Express. The company, founded in 1850, is 124 years and is ranked #67 on Fortune’s list of Best Companies 2014 (Fortune, 2014). There are so many perks of working at American Express such as paid 28 day vacation, Hyatt legal services and educational assistance. After one year employees are able to get 6 weeks of paid vacation following the birth or adoption of a child. TABLE OF CONTENTS Introduction 4 Corporate Background 4 Products/Services 4 Vision/Mission Statement 4 Rank/Industry 4 Jobs/Pay 4 Benefits/Health 4 Board of Directors 4 Analysts 4 Creditors and Credit Rating Agencies 4 Securities and Exchange Commission Reports 4 Risks 5 Corporate Citizenship 5 Conclusion 5 References 6 Introduction This paper will serve as a report on American Express, one of the best companies for employees in 2014. The corporate governance at American Express is highly professional and impressive this is why they are ranked #67th position in all over the world in 2014. This paper will represent how this well-oiled machine works...

Words: 1163 - Pages: 5

Free Essay

The Gift of Tongues Displayed in the Book of Acts

...LIBERTY UNIVERSITY THE GIFT OF TONGUES DISPLAYED IN THE BOOK OF ACTS A RESEARCH PAPER SUBMITTED TO PROFESSOR DOUGLAS PETERSON IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR BIBL364 LIBERTY UNIVERSITY ONLINE BY SEAN HIGGINS LYNCHBURG, VIRGINIA DECEMBER 5, 2012 TABLE OF CONTENTS INTRODUCTION 2 PENTECOST 2 THE CONVERSION OF CORNELIUS 5 TONGUES AT EPHESIAN BAPTISM 7 CONCLUSION 9 BIBLIOGRAPHY 10 Introduction The gift of Tongues has been becoming more and more popular over the past 10 years. Christians appear to have differing views on the matter. Some think it is a sign of the HOLY SPIRIT, other think it is a manifestation of demonic forces. There are Bible verses to support both of these opinions, so the issues can become rather confusing. This paper is meant to show exactly everything that the Book of Acts mentions on the subject of tongues. This paper doesn’t refer to any other parts in the Bible regarding tongues. There are three different incidences in the Book of Acts that refers to speaking in tongues. First in Acts 2:4, 6-11 at the day of Pentecost, then in Acts 10:46 at the conversion of Cornelius, and finally in Acts 19:6 at the baptism of the 12 men in Ephesus. I am going to look solely at these events in order to study exactly what the Book of Acts says about tongues. Pentecost The experience of the Spirit on Pentecost is a fulfillment of the prophecy of John the Baptist concerning the one who would...

Words: 2440 - Pages: 10

Free Essay

Project Plan for Training Session

...Little is known about HDFC Bank and the people behind it. It is a highly successful and profitable new generation bank in the private sector. It came alongside ICICI Bank and at several points in time, the market capitalization of HDFC Bank has been higher than that of ICICI Bank and SBI.  Since inception Aditya Puri has been the MD of HDFC Bank and has been steering the bank, through times, good and bad, successfully. The bank has been growing 30% year-on-year for the last 15 years and has one of the lowest NPAs in the business. In spite of the absence of home loans ( as it is the preserve of its promoter HDFC Ltd) , the bank has a strong retail business. HDFC Bank and Aditya Puri have got legions of awards for this success. Mr. Aditya Puri has been Managing Director of HDFC Bank Ltd. since September 1994. Mr. Puri served as Chief Executive Officer of Citibank Malaysia from 1992 to 1994. He has over 30 years of experience in both domestic and international banking. He serves as a Deputy Chairman of Indian Banks' Association. He serves as a Director of HDFC Bank Ltd. He was awarded the Asian Banker Leadership Achievement Award 2006 for India. Mr. Puri holds a Bachelor of Commerce degree from Punjab University and is an Associate Member of the Institute of Chartered his Accountants of India. His management mantra has been inspired by a cartoon he saw in one foreign newspaper. One half of the cartoon showed the boss neck-deep in work while others outside were having a whale of...

Words: 2179 - Pages: 9

Premium Essay

Engl 102 Db 1

...American culture relies heavily on media, and that is not as valuable to learning as literature. I completely agree. It stated that an American child from age five to age eighteen has viewed over 20,000 hours of television and electronic media. That is an abundant amount of time spent doing that opposed to spending time doing homework and studying. There needs to be more of a balance in the use of electronic curriculum and traditional curriculum. I know that when I was a child, my family didn’t even have cable, so it was a real treat when I would get to watch a movie, or any television on the non-cable channels. My family pushed the importance of reading books, and figuring out the message in everything I read. Television and media is making us lazy. We rely too much on electronics to do the work for us. Television requires very little brain activity, which is why when we watch it, we tend to zone out, or easily forget what was just said. When watching television we only tap into the emotional side of our brain, and never think logically. Everything we learn from television goes into our short-term memory, but when we use traditional curriculum, we have to think and comprehend everything, which goes into our long-term memory. For me personally, I am a much better learner when I have to read and comprehend something on my own. To summarize, people are becoming more dependent on electronics. If we start to think on our own, without the help of the media, we will become better cognitive...

Words: 308 - Pages: 2

Premium Essay

Communication

...Also the difference in communication processes used in this crisis situation. The potential advantages and challenges associated with communicating within the organization. You will also read about the different media opportunities during the management crisis. As a director of a regional Emergency Management Office I have been receiving reports that the public water supplies of several towns in the area have become contaminated with life threating biological agents. It is my duty to address this to the organizations without causing a panic. I will allow one spoke’s person to talk about the crisis and answer any question. This spoke’s person will tell the truth and the facts and do it in a fast manner. I will also form a crisis team; the team will involve individuals who are the key to the crisis. Once the team is formed each team member will be educated on his or her responsibilities. I will also have the spokes person schedule a press conference with the media to inform the public what is going on. Also the spokes person will be someone who is comfortable in front of a TV and with reporters. I will also ask the Governor and Director of the Water Waste Manger to attend the press conference. I will take lead of the proper use of proper technology for instance social media, affecting communication throughout this crisis...

Words: 303 - Pages: 2

Premium Essay

Week 3 Communications Coordinator

...Communication Coordinator KelseyGeoghegan HCS/320 09/01/2014 Tracey Coble Communications Coordinator When you work as a Communications Coordinator for a national drug manufacturer who finds out there were negative effects that have been caused by one of the medications that is used by a huge population of people, it has to be handled carefully because there is so many lives are on the line. It does not matter if it is a popular person or not, organizations have to be prepared for negative issues that can happen at any time especially law suits. The communications Coordinator has to watch everything they say when it comes to having to talk to any news reporters or anyone you might have to speak to regarding the public figure reaction to the medications. There are so many different ways to communicate when in a facility or anywere face-to-face, being verbal, making phone calls, text messages, emails, or memos for sharing information within the company. Every person that works at any company should always be notified if there is any emergency or anything that is important and should be shared. Our reading text in Health Care Communication in Chapter 10 states “choose your words-and your medium-carefully, do not use email to communicate praise, advice, criticism, or critical information”. The Coordinator specialist should needs to do a whole organizational search and look for any patient with a phone number ay information to who ever took the medictions. They need...

Words: 446 - Pages: 2

Free Essay

From Local Market to International Frontier

...Pakistani culture. It is about cultural history and tradition story telling and passion. Truck art has been present in Pakistan's heritage for age . Today, this artistic media has reached it's culmination point with it's vibrant colours and craftmanship. As such every little adornment on a trucks has a special significance. As we know that our country is divided into different teritories so why not spread a message of a sovereign and united country with the theme pakistan on wheels. Each territory has it's distinct lifestyle. The culture and heritage of each province of Pakistan should be painted with intricate motifs and vibrant colours. Art motifs of such birds, fish and flower which depicts each province should be illustrated. Other than this famous scenic beauties like dyllic, bucolic scenes of streams, mountains or forest should be painted to embody each territory. The metal base of the truck always seem to make the multi-coloured truck transformed into a weak tea. So it could be covered with reflected stickers, scintillating tapes and further highlighted with mirrors and studs. For the finishing touches the intricately patterned crown carved in cedarwood should be placed at the top of the bus. This artistry employs a huge number of skilled labourers thus boosting the economy of the country. This artistic media is no more confined to Pakistan only but has spread it's splendor across borders and has become a tourism symbol of Pakistan.Thus we should make an effort to keep this...

Words: 264 - Pages: 2

Free Essay

Sourthern Discomfort

...NIC Final Exam Timetable 201501 (Trimester) Duration (mins) Reading Time (mins) Start Exam Start Exam End Room Principles of Marketing Surveying I Advanced Mathematics I Advanced Mathematics II Electrical Engineering I 180 180 180 180 180 10 10 0 0 10 9.00 9.00 9.00 9.00 9.00 9.10 9.10 9.00 9.00 9.10 12.10 12.10 12.00 12.00 12.10 GP3-18 GP3-18 GP3-20 GP3-20 GP3-20 CMNS1234 ICS001A Introduction to Digital Communication Intercultural Studies 60 150 0 10 2.00 2.00 2.00 2.10 3.00 4.40 GP3-20 * NNIC1000 A NIC-ECON1002 COM201A MATH1120 Communication & Literacy Stream A Macroeconomics for the Global Economy Communication Skills II Mathematics II 120 120 120 180 10 10 10 0 9.00 9.00 9.00 9.00 9.10 9.10 9.10 9.00 11.10 11.10 11.10 12.00 GP3-18 GP3-18 GP3-18 GP3-20 COM200A Communication Skills I 180 10 2.00 2.10 5.10 * NIC-IRHR1001 MATH1110 INFT1001 Managing the Organisation Mathematics I Foundations of Information Technology 150 180 180 10 0 10 9.00 9.00 9.00 9.10 9.00 9.10 11.40 12.00 12.10 GP3-18 GP3-20 GP3-20 HBI001A GENG1803 COM101A NIC-ACFI1002 Human Biology Introduction to Engineering Practice Programming Accounting Practice 120 180 120 180 10 10 10 10 2.00 2.00 2.00 2.00 2.10 2.10 2.10 2.10 4.10 5.10 4.10 5.10 GP3-18 GP3-18 ...

Words: 443 - Pages: 2

Premium Essay

Ray Rice

...technology, comes emergence in social media. The popularity of social media networking sites such as Facebook, Twitter, YouTube, Tumblr, Blogs and Instagram has taken the world by storm. Almost everyone in society has access to the internet. Although, the internet serves as a great source of information, it also has many other purposes. However, like every great thing in the world, there is a downside. One of the biggest benefits and downfalls of social media is the ability to share information to a broad audience, and if you’re the target of that information, it can easily ruin your life. If one person knows about the negative impact of social media, it’s Ray Rice. On September 8, 2014 Ray...

Words: 1713 - Pages: 7

Premium Essay

Lexle Alerts Case Study

...liability reasons, all approved messages must be verified by an email response showing approval. Templated Message: This is an emergency notification from Buncombe County HHS… • (_______________) has been verified by our agency. Please stay away from the area until law enforcement has cleared the area. • Due to hazardous weather conditions, Buncombe County will close offices at XXXXX . Please contact your supervisor with any questions. On call XXXXX should contact their supervisors with any concerns. After receiving a Nixle alert, employees can contact their supervisor if they have questions about the information provided or next steps. When an employee receives a Nixle alert, they are not to contact members of the news media or share the information via social media. Information on how to use Nixle to contact employees in the event of a public health emergency can be found in the BCHHS Crisis Communication Plan. Administrators designated to send Nixle alerts must register upon assignment of this duty and must keep their contact information up to date. Questions about this policy or about Nixle may be directed to hhsalert@buncombecounty.org or (828) 775-1321. ...

Words: 799 - Pages: 4

Free Essay

New Media

...Essay 1 – First Draft New Media is Shaping Our Lives In the contemporary world, the importance of new media in people’s lives can never be dısregarded. Everybody should realize that new media has been affecting today’s world. This is mainly because; new media types help people at various issues. However, some people believe that new media is not preferable and ıt has a lot of drawback, some others believe that new media is useful and preferable. Even ıf mostly argue that. New media is not beneficial for individuals; in fact; new media is fundamental for today’s human-beings. In terms of education, business and socialization. The most prominent benefit of new media is education. This is because; todays chıldren benefit from new media types. Thanks to new media such as the ınternet, chıldren who use this kind of facilities might learn more effectively. Therefore, lecturers tend to educate chıldren with the help of new media. In addition, children need to learn new media types since since ıf they want to be successful in today’s world, children have to be knowledgeable about new media. They have to know, how to use computer systems or being knowledgeable about new technological devices. In addition, ıt is significant for university students. This is mainly because, a score of university prefer to use new media types. For this reason some of the universities disturbing laptops and tablets. Thanks...

Words: 921 - Pages: 4

Free Essay

Media Analysis

...I survived, and after 24 hours I am not at all ashamed to review my results. Everywhere I go, media surrounds me; at home, school and most definitely at my workplace. I spent a day this past weekend in a state of isolation. It was difficult to ignore all facets of media, and find other activities to substitute them. I felt alone, bored, out of the loop, and tired. My dependence on media is strong, and I felt as if there were a piece of myself missing. To be more specific, the use of media technology is one aspect that ties my family together. We rely on constant communication for safety purposes. My parents, siblings, and I are on opposite schedules, so it is very important to make sure we keep in contact and update one another. What I missed the most was having my iPhone in hand. I really missed listening to a voicemail from my mom telling me to have a great day, or receiving a text message every twenty minutes from my sister, blabbing on about something cute our cat just did. I use media not only for communication with family members, but also as a hobby of mine. One of my favorite past-times is working with media technology to create works of art. I focus a lot of my attention to all different aspects of media communication and apply it with my artistic ability to put together videos. My main ideas develop from the local news stations, movies, and magazines. The media plays a...

Words: 456 - Pages: 2