...John Deere Company Samuel, Scanga Freshman Tech, 3rd Quarter Period 7 21, January 2018 John Deere was the first successful steel plow manufacture. John Deere was a very wealthy, historical company with amazing leaders. John Deere is still one of the most successful companies today. The Deere Company had a rough but interesting way of getting started. John Deere was the man who started the business. He was born in Rutland, Vermont on February 7, 1804 to William Rinald and Sarah Yates Deere. In 1805 they moved to Middlebury. He was the baby of three and in 1808 his father boarded a boat for England in hopes of claiming inheritance but was then never heard from again, he was presumed to have died at sea. At age 17 Deere took up blacksmithing and faced great depression of business in 1836 forcing him to move to Grand Detour, Illinois leaving behind his wife and kids. Then in 1837 he made the first of many steel plows. Year after year this small business grew. As the business grew in 1843 the company needed a partner, teaming up with Leonard Andrus. Then in 1843 the company bought him out. After that Deere moved the company to Moline, Illinois. The company had made 1600 plows by the year 1850. This is just the beginning of the John Deere manufacture. ( Deere and Company...
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...LED TV market in Germany. A projected share of earnings and profit and loss are also featured to highlight the tangible benefits of entering into the Europe market through Germany. . A new project management team will also be set up, as personnel have been recruited, and a Gantt chart is also featured to ensure the penetration of ECE into the German market is profitable and feasible. 1.0 Background ECE Technology brand adds value to customer lives through its durable, dependable and design-chic products. By introducing LCD TVs (in sizes 32 inches and 40 inches) into the European market, we’re planning to start off with these low range luxury goods to penetrate into the European market, namely Germany. This penetration will be done through piggybacking the LCD TVs onto company Electrolux, one of the most prestigious white appliances retailing outlets in Europe. By implementing this style of penetration, there will be hurdles and managing issues to handle as even using the relatively safe method of piggybacking, where a company mainly places their products with products of the larger company that are non-competitive but related, and complementary and allied. (Hollensen, 1998) ECE’s liaison with Electrolux is also essential to ensure success abroad. This is because Electrolux as the host for ECE would incur spillover of business knowledge for ECE to acquire...
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...AMERICAN INTERNATIONAL GROUP(AIG) COMPANY BACKGROUND AIG was started as a general insurance company by Cornelius Vanderr Starr in 1919 in Shanghai, China and begin a life insurance operation in 1921. AIG expand their business in mainland China by opening branches in Hong Kong, Vietnam and Philippines in 1925 and open the first office in New York in 1926. The organization spread their firm to Latin America in 1930-1939. During the world war 2, the business were suspended. Right after World War 2, they began in new market around the globe including Japan and Germany, soon after World War 2, they open American International Underwriters offices to provide insurance for the US military in 1946. In 1948 they continue to spread even more to France and Singapore. In 1950-1959, they invest in insurer Globe and Rutgers Insurance Group, expand the company’s domestic market presence. They expand to UK, Lebanon, South Korea and Australia. Worldwide personal accident and health division were established in 1961 and began to write Directors and Officers liability insurance coverage and becoming a leading provider in 1966. AIG were chosen to be incorporates in Delaware in 1967 and informed as the best insurance organization and began a new era as a public company in 1969. AIG enters Sweden, Egypt, Hungary, Poland and Romania in 1973-1978 and introduces new energy, transportation and entertainment products to serve the needs of the customer in 1979. In 1980, A pollution liability program...
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...LASA 1 The Art Institutes is a collection of private, for-profit educational institutions for career preparation in the visual, creative, and applied arts. The Art Institutes prepares creative students for careers including design, media, fashion and culinary programs. There are just over 45 Art Institutes schools located in major cities across North America, and have over 125,000 graduates. The target market for The Art Institutes is creative individuals between the ages of 18 – 35, both male and female. Our target audience considers himself or herself quite creative and thrives in creative environments. The learning strategy of our students revolves around an idea of doing. Instead of being lectured to, or reading out of text books, many of our students find the physical act of doing enhances their learning environment. In many cases our students may not have done well with a traditional type of education. The hands on learning approach at The Art Institutes better caters to students that have been neglected by traditional learning environments. Our target student enjoys being interactive with the world around them. They may have a love or passion for drawing, sketching, music, writing, creating or cooking. At The Art Institutes our value to students takes place in the creative world we live in. Today, we are in the midst of a creative revolution, and we help guide our students to succeed in this revolution. It’s our mission to take the raw talent and passion they possess...
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...RFM Company COMPANY BACKGROUND 1. Nature of business RFM Corporation in the Philippines, mainly operates in the food and beverage industry. It processes and manufactures flour and flour-based products, milk and juice drinks, canned and processed meats, ice cream, and bottled mineral water. The company also engages in non-food businesses, like barging services, Rizal Lighterage Corporation, and insurance brokerage, RFM Insurance Brokers, Inc. The company operates two major business segments, the flour and bakery products and some branded food group that produces flour-based mixes, pasta, canned and processed meat, milk, and juices. 2. Founders a. Salvador Araneta b. Victoria Lopez de Araneta c. Jose N. Concepcion, Sr. d. B.J. Server e. Albino Sycip f. Zoilo Alberto g. Fracisco D. Gamboa h. Edward Miller Grimm i. Leonardo Eugenio j. David Sycip k. Charles Parsons 3. Date of founding: August 16, 1957 4. Important dates: a. August 16, 1957 – foundation b. 1967 – incorporated as Republic Flour Mills, Incorporated c. 1971 – hog and poultry breeding; entered licensing agreement with Peterson Industries and H&N Layers d. 1973 * company diversified its business: cooking oils and margarine * entered licensing with Swift Foods, Inc. and Company of Illinois for canned meat processing e. 1975 – hog and poultry feeds f. 1987 – RFM bought Swift...
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...Company Background Name | BlackBerry | Logo | | Industries served | Telecommunications equipment | Geographic areas served | Worldwide | Headquarters | Canada | Current CEO | Thorsten Heins | Revenue | $ 18.435 billion (2012) | Profit | $ 1.164 billion (2012) | Employees | 12,700 (2013) | Main Competitors | Apple Inc., Google Inc., Nokia OYJ, Samsung Electronics Co., Ltd. | SWOT BlackBerry SWOT analysis 2013 | Strengths | Weaknesses | 1. Highly secure phones 2. Strong focus on narrow customer segment | 1. Inability to market the brand 2. BlackBerry OS 3. Highly dependent on government and corporate contracts 4. Poor presence in the tablet market | | Opportunities | Threats | 3. Growth of tablet and smartphone markets 4. Strong growth of mobile advertising market 5. Increasing demand of cloud based services 6. Obtaining patents through acquisitions | 7. Rapid technological change 8. Saturated smartphone markets in developed countries 9. Increased competition for government contracts | Strengths 1. Highly secure phones. The primary RIM’s competitive advantage is its very secure mobile phones. The company released its phones with secure encrypted network that allowed sending emails between phones without possibility of stealing the information. This became the USP (unique selling proposition) of Blackberries and was a very attractive feature for corporates and governments that other phones didn’t have. As a result...
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...3M’s Business Segments 3M Company had a rocky start in 1902 as "Minnesota Mining and Manufacturing," an almost-failed mining company. In 2002 it changed its name to 3M; today the company is a diversified industrial and consumer products company operating six business segments. 3M sells the majority of its products to retailers or other large distributors; some large companies and hospitals have direct accounts with 3M for their more specialized technologies. Best known for brands including Scotch tape, Post-It, and Nexcare, 3M makes over 55,000 products ranging from sandpaper and bandages to wide screen LCD TVs. The thread that unifies the majority of 3M’s products is that they are based on applying coatings to backings (e.g., sandpaper). Divisions with key product offerings are listed below: * Healthcare (18.6% of sales): Medical Supplies; Skin Products; Pharmaceuticals (sold in 2007); Drug Delivery Systems; Dental / Orthodontic; Health Information Systems; Microbiology * Industrial & Transportation (30.8% sales): Abrasive Systems; Industrial Adhesives; Personal Care; 3M Dyneon; CUNO; Specialty Materials; HighJump Software; Aerospace; Packaging; Automotive * Consumer & Office (15% of sales): Stationary; Office; Home Care; Protection; Construction; Home Improvement; Visual Systems * Display & Graphics(13.5% of sales): Optics Systems; Commercial Graphics, Traffic Safety Systems; Touch Systems * Electro & Communications (9.8% of sales):...
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...Case Background: Ten years prior to December, 1978, the company had no debt because it had conservative financial policies, which maintained a strong working capital position as a buffer against economic uncertainty. In December,1978, Hampton requested a $1 million loan from the St. Louis National Bank. The loan’s terms were a monthly interest payment at a rate of 1.5%, with the principal to be paid back at the end of September, 1979. Now (September of 1979), Benjamin G. Cowins, president of Hampton, has asked to renew the initial loan until end of 1979, and, has requested an additional loan of $350,000 with promise of repayment at the end of December, 1979 with an interest rate of 1.5% per month. This additional loan is required for an update of their machinery which hasn’t been done since the economy went into a recession in the early 1970s. For the last several months, Hampton’s shipment schedule has been upset because they have had to wait for parts from their suppliers. On August 31, the accumulation of seven machines cost about $1,320,000, in addition to the installation cost for these parts. They received the parts last week, and will be able to complete a number of machines within next few weeks. The reduction in work in progress of about $1,320,000 is due to not receiving the electronic control mechanisms on time. However, the remainder of their work in progress inventories will probably remain steady for the foreseeable future because of their capacity rate of production...
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...University Netflix Netflix, Inc. is the world's leading DVD (Digital Video Disc) rent-by-mail company. The company has over 1 million subscribers who pay a monthly fee of $19.95 for unlimited rentals, considering they have no more than 3 discs out at one time. The company offers more than 15,000 titles and maintains an inventory of more than 5 million movies. For faster delivery, Netflix has opened more than 20 shipping centers around the United States, and most movies arrive a day or two after ordering them online from the company’s website. More than a third of the publicly traded company is owned by Jay Hoag's Technology Crossover Ventures (Netflix, Inc. - Company Profile, Information, Business Description, History, Background Information on Netflix, Inc., 2012). Netflix was founded in Scotts Valley, California, in August of 1997 by Reed Hastings and Marc Randolph, both veteran "new technology" entrepreneurs, to rent and sell DVDs all over the Internet. Reed and Marc were and are very successful business men who have started from the bottom and have built a business that has climbed the charts. When these two first started the company, they had to experiment with the DVD shipment until they found an easy but yet cheap way of sending out the movies to customers. The firm had to experiment with over 200 packages until they finally found one that was suitable for the company and customers. The package is a clear case with a label and the DVD. This package is shipped out for...
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...concern, especially with the recent information leak at Target, is the issue of security. Outlined are security concerns for TBWI and how best to handle them. In addition to handling security issues, there may be complicated ethical issues that may occur. To best handle these situations, those ethical issues are addressed, with recommendations for how best to handle them. Security Concerns In 2013, B2B International and Kaspersky Lab conducted a Global Corporate IT Security Risks survey and the results were quite startling. In a conservative estimate, “The average damage suffered by large companies from a single serious incident was $649,000. For small and medium-sized companies, the average damage was $50,000” ("Global corporate it," 2013). These damages can be the result of fines, lawsuits, as well as lost revenue from customers, who no longer have faith in the security of the company. It takes many years for a business, such as TBWI, to build a reputation, but it can all be lost in a matter of seconds. Because of this, the following security concerns need to be recognized, with a plan in place for prevention. External threats External threats are those that occur from people not involved with TBWI. These could be competitors or random hackers or thieves. These types of threats can occur at the software and hardware level. External Software Threats and Solutions. At the software level, the types of crimes include viruses, spam emails, phishing emails...
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...SKOOKUM Dear Applicant: Thank you for taking the time to fill out our application. We want to provide the best customer service possible. Your application will be reviewed and screened by our Human Resources department. We want to emphasize that only completed applications will be processed; you are welcome to include your resume with the application. Please fill out the entire application. Providing complete and accurate information on your education, work experience, and skills will help identify whether you are a qualified candidate for the position. Please date and sign the application. If not signed, the application is not complete and will not be processed. An incomplete application may disqualify you from being considered for the position. Additionally, you may not apply for “any position” you must specify what open position you are interested in. If you need any further assistance completing your application please contact Skookum Human Resources at any of following locations. Submit Applications to: Human Resources4525 Auto Center Way~PO Box 5359Bremerton, WA 98312cday@skookum.org[->0](360) 475-0756 1-888-343-0220 (360) 475-0757 (fax)| Again, thank you for your interest in Skookum. Good Luck! Skookum SKOOKUM Job Application Your Name: ___Cocheta Sanders__________________________________________Date:___________________ Welcome to Skookum: America’s Premier...
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...Case Study 2 ACCT 504 Group A December 2, 2012 LJB Company Internal Controls Evaluation For the President of the company Prepared by Group A Accounting Firm December 2, 2012 Table of Contents: I. Introduction – Stating the Issue II. Body of the Report – LBJ Company Findings and Analysis III. Summary and Conclusions – Findings Communicated to the President and Recommendations IV. Work Cited – References to support Recommendations Introduction: The purpose of this document is to discuss the internal controls and why the principle activities are important for a business to operate effectively. Our goal is to make the necessary recommendations and evaluate the system for future planning. We hope to uncover any issues that will prevent the company’s productivity. We’ll submit our recommendations to correct and improve the current system in place. In conclusion we’ll present our analysis to the President along with the recommendations needed to implement a better system of internal control. Issues: There’s an issue with too much responsibility placed on one employee. The accountant serving as the controller and treasurer creates a problem with documentation as you don’t have anyone to verify cash and revenue is accounted for correctly. It’s too easy for one employee to manipulate the books in his favor without a clear segregation of duties. The accountant is leaving checks in his office during the week exposing sensitive information and increasing...
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...PIEDMONT AIRLINES EMPLOYMENT APPLICATION | | |PERSONAL INFORMATION | |LAST NAME FIRST NAME |ALIAS OR NICKNAME |SOCIAL SECURITY NUMBER | |MIDDLE INITIAL | |224-71-6419 | |Boswell William D | | | |RESIDENT ADDRESS CITY STATE |PRIMARY PHONE |ALTERNATE PHONE | |ZIP CODE | | | | |720-271-6464 | | |9601 Alfaree Road Richmond VA 23237 ...
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...that may or may not be confidential in nature but is not intended to leave the company. The three main domains affected by this policy are the User Domain, Workstation Domain, and the LAN Domain. The User Domain is anyone who accesses the company’s information system and is the weakest link in the infrastructure. Users will be strictly held to the acceptable use policy (AUP) which acts as a guidebook for what users are allowed to do with the company’s IT assets. Violation of the AUP can be grounds for immediate dismissal and/or legal actions. Any third party that may need access to our systems will need to adhere to these policies as well and will need to sign an agreement before any access is given. The Human Resources department will be responsible for ensuring that all employees have signed an agreement to the AUP. All employees must pass a background check and their identities verified by HR before any access to Richman’s systems are granted. The Workstation Domain is where most users will connect to Richman’s IT infrastructure. This includes all desktops, laptops, PDAs, smartphones, and tablets. No personal devices or removable media will be allowed to connect to Richman’s system. Any devices or removable media needed to conduct business will be issued by Richman’s IT department and be used for official matters only. Once HR has verified that the person has passed all identity and background checks they will inform the IT department of what access to the system the position...
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...Assignment: Selection Tools HRM/240 J. Scott Lodge October 9, 2011 Axia College Assignment: Selection Tools There are numerous selection tools that can be utilized when deciding if an applicant is the right fit for a position; and because there are so many unemployed people in today’s job market it is necessary for companies, especially the Human Resource Department to use selection tools that will allow for optimal results. In an instance such as choosing which selection tools to use for the hiring program of a supermarket; it will be assumed that in this program, a majority of the positions being filled are entry-level. It will also be presumed that this program is limited to only three selection tools. With those limitations in mind, the three selection tools that would yield the best results for this scenario would be; personality inventory (personality tests), criminal background checks, and drug testing. One selection tool is not better than another or more effective used alone. In fact, a combination of these three tools used in conjunction with each other would produce better outcomes for the employer using them. In a supermarket position it is safe to say that there will be numerous occasions in which the employee will have to interact with a customer or the general public. It is in the employer’s best interest to place workers in these positions that know and understand how to relate to others; hence the importance of personality testing...
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