...Transformation, Innovation and Inclusion. The industry focused on emerging verticals, markets and customer segments, driving innovation-led transformation in client organizations and transforming its internal operations. The domestic IT-BPO market witnessed the Indian consumers going up the IT maturity curve, return of economic growth, efforts by organizations and the government to increase technology adoption, and emergence of new delivery platforms thus driving growth. For Ravi Ramamoorthy, CEO of Decollapse Inc, the following will be the key issues while going for customer acquisition for their newly developed software – E-Guard. India is a late adopter as far as software product is concerned. Don’t want to spend big. Looks for low cost work around solutions and mentality that everything is Ok in India is another hindrance. Intangible offering: Given the high emphasis most people in the SME (& even in enterprise) space on tangible items, the willingness to pay for software products is little. Expectation of 100% fit to the customer’s situation. “I can do it myself” syndrome. Piracy: We have heard it countless times. SOME BASIC FACTS ON SOFTWARE COMPANIES WHILE GOING FOR CUSTOMER ACQUISITION: A. They spend on average 39% revenues on customer acquisition. B. Web Portals are still the most effective online method for acquiring new customers. C. Social Media marketing is gaining popularity. D. Use of Vendor Cross-Sell will...
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...history of account for business combinations? How many businesses are consolidated with each other? Companies often learn that entry into new product areas or geographic regions is more easily accomplished by acquiring or combining with other companies than through internal expansion. For example, SBC Communications, a major telecommunications company and one of the “Baby Bells,” significantly increased its service area by combining with pacific Telesis and Ameritech, later acquiring AT&T ( and adopting its name), and subsequently combining with BellSouth. Moreover, Cingular Wireless, the largest provider of mobile wireless communications in the United States and now part of AT&T, was operated as a joint venture of AT&T (Baker, R. E., Christensen, T., & Cottrell, D. (2011)). AT&T was entering new business market and providing more kinds of service by merging. Owing to the poor economic status quo, the companies seek for surviving and combining during 2007 – 2008. The most common of internal expansion are: split – off occurs when the ownership of newly created or existing subsidiary is distributed to the parent’s stockholders without the...
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...Continental might go bankrupt. Continental was in dire straits because the deregulation of the commercial airline industry in 1978 ushered in a new era focused on mergers and acquisitions and bitter employee-management relations. Venerable airline brands with a commitment to quality, like Continental, were prime takeover targets. After Texas Air Chairman Frank Lorenzo (HBS 1963) secured Continental in his hostile takeover bid, tensions escalated between Lorenzo and the old guard--especially when Lorenzo declared Continental bankrupt in the fall of 1983. In October 1994, five months after Continental exited its second bankruptcy, Bethune was elevated to CEO and created a Go Forward Plan to return Continental to profitability. Two years after unveiling the Go Forward Plan, Continental was at the top of the industry in a number of important performance metrics. KEY ISSUES: Continental ranked tenth out of the ten largest U.S. airlines in all key customer service areas as measured by the Department of Transportation: on-time arrivals, baggage handling, customer complaints, and involuntary denied boardings. The airline had already been in bankruptcy twice, and was headed for a third round as its cash dried up. STRATEGIES FOLLOWED FOR TURN AROUND: The turn-around plan — the Go Forward Plan 'A' — had four different elements each of which were given an inspirational title : • Fly to win — product improvement and network redesign; • Fund the Future — cost control...
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...company was incorporated, in 1921, Smucker’s popularity had pushed the company to extend their product line to offer a wide variety of jams, jellies, and preserves. By the time the Great Depression hit America in the late 1920’s, Smucker’s expanded their Ohio-based business to include both Pennsylvania and Indiana. After the depression, they opened a new manufacturing plant in Washington. This enabled the company to distribute its products nationally. The Smucker’s company was able to survive economic struggles brought on by World War II and, in 1947, celebrated their 50th anniversary. In the late 1950’s, J.M. Smucker’s sons, Paul and Willard, began to lay-out a plan for the company’s future growth and diversification. Their strategy focused on increasing vertical integration, product diversification, acquisition, and national advertising and...
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...Queensland University of Technology Faculty of Business School of Accountancy AYN411 Audit & Assurance – Semester 1, 2013 Final Exam Revision Questions Additional Resources AYN411 Audit & Assurance – Semester 1, 2013 Final Exam Revision Questions Additional Resources Final Exam Revision QUESTION 1 – Audit Planning a. The Auditing Standard ASA 300 ‘Planning an Audit of a Financial Report’ states that the auditor needs to plan the audit so it will be performed in an effective way, by establishing the overall audit strategy for the audit and developing the overall audit plan. Required: List four benefits to the auditor in properly planning an audit engagement. L3 (slide 28) Properly planning an audit engagement helps the auditor to: * Devote appropriate attention to important areas of the audit * Identify and resolve potential problems on a timely basis * Properly organise and manage the audit engagement efficiently * Select an engagement team with appropriate expertise * Facilitate supervision of the engagement team members (inc. review of work) * Co-ordinate work done by auditors and experts * Render the correct audit report b. The following is a list of four activities carried out by the auditor during the planning phase of the audit. Planning Procedure 1. Client acceptance/continuance decision 2. Obtain an understanding of the entity and it’s environment 3. Assess client business risk 4....
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...Because the retail industry provides products and or services for the needs, wants, and sometimes feelings of the consumer it can be hard to determine what they like and don’t like. Moreover, with the economy, which by the way affects all businesses, you just do not have an exact science on how things will turn out. Industry businessman, economist etc. can only make assumptions based on occurrences. So, if you are in a business to make a profit, and satisfy stakeholders you need to have a plan. Sometimes the plan calls for mergers and acquisitions. Mergers and acquisitions can have a positive and/or negative effect. “According to a KPMG study, 83% of all mergers and acquisitions failed to produce any benefit for the shareholders and over half actually destroyed value.”(http://www.itapintl.com/...the-impact-of), to be a good CFO you must do the research to determine if acquiring another company will be beneficial. This report will identify the risk factors of the target acquisition company Kmart and the risk factors present in the parent company Costco. Our team will then show how these risks can be mitigated. BECAUSE OF THE RISKS CAN COSTCO ACQUIRE THE #3 KMART? KMART RISKS/MITIAGATION Many investors such as Costco may be unaware of all the risks associated with investing in a specific company. Providing current and future investors with risk factors allows investors to evaluate a company and make an informed investment decision. Kmart’s operations and...
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...better situational awareness across the board, facilitating improved decision-making, and bringing to bear the right military capabilities at the right time to achieve the desired military effect. Key Issues Clarity of vision Roadmap for change Dealing with complexity Legacy Environments – ‘stove-piped’ solutions Multiple Agencies New Technologies – SOA Information Assurance Multiple Customers Operators Operational planners Acquisition community Developers Framework and Methodology NAF Reality: Complexity of Defence Applications Reality: Complexity of Defence Applications inhibit agility inhibit agility Mainframe PC/NT apps Unix apps 3rd Party Interface AIS Reports Depository Banks Vendor Setup Budget Analysis Tool AIS Calendar Vendor Maintenance Insertions Orders Due Dates General Maintenance Broadcast Filter Stores & Mrkts Process Servers (Imaging) Printer Maintenance NEW Soundscan NPD Group AIG Warranty Guard Mesa Data S20-Sales Polling Printer PO I13- Auto Replenishment I06 - Customer Order S01 - Sales Corrections I17...
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...The Business Plan Hi-Tech Power Systems 2/18/2015 Group C2 Anubandh Leela Mohit Chivukula Moumita Dutta Sanjit Kumar Moharana Sai Alekya Reddy Edara OBJECTIVE: “To serve the segment of lighting and signaling in the Indian Railways and all public sector undertaking firms using indigenous technology.” EXECUTIVE SUMMARY BACKGROUND Indian Railways is India’s largest state owned enterprise. It serves more than more than 23 million passengers daily (roughly half of which were suburban passengers) and 1050.18 million tons of freight in the year. Indian Railways is the world's seventh largest commercial or utility employer, by number of employees, with over 1.307 million employees. As for rolling stock, IR holds over 239,281 Freight Wagons, 62,924 Passenger Coaches and 9,013 Locomotives (43 steam, 5,345 diesel and 4,568 electric locomotives). The trains have a 5 digit numbering system and runs 12,617 passenger trains and 7421 freight trains daily. SIGNALLING Railway signalling is a system used to safely direct railway traffic in order to prevent trains from colliding. Trains move on fixed rails so they are uniquely susceptible to collision; the weight of trains and momentum makes it difficult to stop before reaching the impending obstacle. Most forms of train control involve movement authority being passed from those responsible for each section of a rail network (e.g., a signalman or stationmaster) to the train crew. Not all these methods require the use...
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...CREATE Research Archive Non-published Research Reports 2007 A Brief Analysis of Threats and Vulnerabilities in the Maritime Domain Niyazi Onur Bakir CREATE, nbakir@usc.edu Follow this and additional works at: http://research.create.usc.edu/nonpublished_reports Recommended Citation Bakir, Niyazi Onur, "A Brief Analysis of Threats and Vulnerabilities in the Maritime Domain" (2007). Non-published Research Reports. Paper 5. http://research.create.usc.edu/nonpublished_reports/5 This Article is brought to you for free and open access by CREATE Research Archive. It has been accepted for inclusion in Non-published Research Reports by an authorized administrator of CREATE Research Archive. For more information, please contact gribben@usc.edu. A BRIEF ANALYSIS OF THREATS AND VULNERABILITIES IN THE MARITIME DOMAIN1 N.O. BAKIR University of Southern California, Center for Risk and Economic Analysis of Terrorism Events (CREATE) 3710 McClintock Avenue, RTH 322, Los Angeles, CA 90089-2902 USA Abstract The attacks of September 11 have exposed the vulnerability of the American homeland against terrorism. Terrorists have already expressed their intentions to continue their aggression towards United States. Their goal is to incur maximum economic damage, inflict mass casualty, spread unprecedented fear among citizens and thus destabilize the nation to further their agenda. Many critical sites lay across US maritime borders, all of which could be potential targets to accomplish these goals...
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...performance management. Finally, the author explains the measurement of the sustainable supply chain in all the industries. From the point of view of the author, he is of the mind that the building a sustainable supply chain in an organization is one of the ways that organizations will smoothen the flow of services in the organization. Application of supply chain management theory relevant to article Supply chain management is the management of the flow of the firm’s goods and services from one point to the other. His explanations on the relevant concepts of sustainable supply chain, show that all organizations need supply chain in their organization. Sustainable supply chain concerns itself with acquisition and supply of materials from suppliers to delivering goods to the customer. The author explains why the management should design sustainable supply chain. These are some of the concepts of supply chain. Total Quality Management (TQM): This is...
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...OVERVIEW UNITED STATES DEPARTMENT OF DEFENSE FISCAL YEAR 2014 BUDGET REQUEST APRIL 2013 OFFICE OF THE UNDER SECRETARY OF DEFENSE (COMPTROLLER) / CHIEF FINANCIAL OFFICER Preface The Overview Book has been published as part of the President’s Annual Defense Budget for the past few years. This continues for FY 2014, but with modifications as proposed by congressional staff. From FY 1969 to FY 2005 OSD published the “Annual Defense Report” (ADR) to meet 10 USC Section 113 requirements. Starting with the President’s FY 2006 Budget, this report was no longer produced. Subsequently, the Overview began to fill this role. This year to ensure compliance with Section 113, new chapters are added to include reports from each Military Department on their respective funding, military mission accomplishments, core functions, and force structure. Key initiatives incorporated in the FY 2014 Defense budget. Our budget is formulated based on aligning program priorities and resources based on the President’s strategic guidance. This year’s budget involves key themes to: achieve a deeper program alignment of our future force structure with resource availability; maintain a mission ready force; continue to emphasize efficiencies by being even better stewards of taxpayer dollars; and continue to take care of our people and their families. Implementing Defense Strategic Guidance. The FY 2014 budget request continues the force structure reductions made in the FY 2013 budget request. Following...
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...future? 8 4) Can you suggest any alternative to its given future plan of expansion abroad? 10 5) Due to recent financial meltdown and the continuing recession/ slowdown in some developed countries , have some of the recently introduced expansion plans of your company become vulnerable? 12 6) What remedial measure / plan can you suggest? 14 7) Your suggestions for taking the company’s global businesses to the next level? 15 8) References…………………………………………………………………………….17 Executive Summary Procter and Gamble (P&G) was founded by William Procter and James Gamble on October 31, 1837. The company is now the largest company and brand in Fast Moving Consumer Goods (FMCG) industry. The company, today, deals with personal care product, pet food and cleaning agents. The company scored $83.86 billion sales in 2012 and ranks 1st in the Fortune magazine’s “Global Top Companies for Leaders.” The company as on February 19, 2013 has a market capitalization of $ 211.38 bn (Source: Yahoo Finance). The company has simple expansion plan. They have, since early days, have believed in both organic and inorganic growth. The company cultivated and grew in house brands for their organic growth. This includes the names of “Ivory” soap, “Tide” detergent, “Pampers” diapers, etc. These names are still big brands and contribute to company’s revenue. The company became international with the acquisition of Thomas Hedley Co. in 1930. The company acquired other renowned companies...
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...Acquisition of Motorola Mobility by Lenovo Md Asifur Rahman Khan Executive Summary This report is on the Acquisition of Motorola Mobility by Lenovo. The main purpose was to know about the acquisition of Motorola mobility by Lenovo, Background of the acquisition, and consequences of the acquisition and the Financial and Human Resource Impact of Holder and Subsidiary Company. This report intends to show these above mentioned factors in Lenovo and Motorola Mobility Acquisition. Introduction Mergers And Acquisitions - M&A' A general term used to refer to the consolidation of companies. A merger is a combination of two companies to form a new company, while an acquisition is the purchase of one company by another in which no new company is formed. The main reasons of Merger or Acquisition are to join forces to strengthen market position, cut back cost, diversification or to share technologies, ideas, expertise for future growth of the companies Company Profile Lenovo is one of the world's leading personal technology companies, producing innovative PCs and mobile internet devices. A global Fortune 500 company, Lenovo is the world's largest PC vendor and fourth largest smartphone company. Lenovo is a US $47 billion personal technology company with more than 57,000 employees (including joint ventures) in more than 60 countries serving customers in more than 160 countries. Lenovo is a global company that is incorporated and headquartered in Hong Kong...
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...Corporate Partners Research Programme Harnessing creativity and innovation Kelly Drewery H A R N E S S I N G C R E AT I V I T Y A N D I N N O VAT I O N Contents 1. Harnessing ‘creativity and innovation’: why the interest? 2. Harnessing creativity: sharing and generating ideas 2.1 Creativity in the organisation 2.2 Looking outside the organisation for creative ideas 2.3 Supportive and obstructive features for harnessing creativity 2.4 Work processes 2.5 Assessing creativity ‘wealth’ 3. Harnessing innovation: options for implementation 3.1 Innovation in the organisation 3.2 Strategic partnerships or outsourcing 3.3 Takeover of another company for their product/service 4. What can organisations do now? Bibliography 2 3 3 4 5 11 11 15 15 18 20 21 23 © The Work Foundation Registered as a charity no: 290003 First printed July 2003 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording and/or otherwise without the prior written permission of the publishers. This publication may not be lent, resold, hired out or otherwise disposed of by way of trade in any form, binding or cover other than that in which is is published, without the prior consent of the publishers. H A R N E S S I N G C R E AT I V I T Y A N D I N N O VAT I O N 1. Harnessing ‘creativity and innovation’: why the interest...
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...[pic] Case Study 1 Ryan Duran Amanda Greathouse Andy Cook Nick Miller Hillary Hughes Elizabeth Schaible Table of Contents Company Profile History 3 Organization, Mission, and Culture 3 Functional Area Assessment 9 Internal Environment Financial Position of Disney 14 Assorted Financial Ratios 14 IFE Matrix 17 External Environment Key External Forces 19 EFE 23 Competitive Analysis 28 CPM 30 Objectives Short Term 32 Long Term 33 Grand Strategies 34 Initial Findings 36 Company Profile Company History The Walt Disney Company, originally known as Disney Brothers Cartoon Studio, was formed by Walt and Roy Disney in 1923 with the creation of a cartoon named Alice’s Wonderland. With the start of that popular cartoon, the Disney brothers had unknowingly created a legacy that would live for generations. Since the creation of the Walt Disney Company, it has produced hundreds of chart topping animated films, put on dozens of Broadway plays, acquired TV and radio stations, and has created the most magical place on earth on three continents. Even after the deaths of the founders, the company has thrived for several decades every intent to continue growing. Organizational Mission and Culture Mission Statement The original mission of the Walt Disney Company was to “nurture the...
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