...Managing Organization and Leading People- FCA Company and SWOT Robert McCormack Western Governor University Author Note This paper is being submitted on August 30, 2015, for WGU C200 Managing Organizations and Leading People Managing Organization and Leading People- FCA Company and SWOT The Corporate American dream is undergoing a major overhaul. Not all that long ago there was plenty of opportunity for the average American worker to obtain employment in the automotive industry and earn what was considered a competitive wage. The internal and external challenges for the FCA LLC (Fiat Chrysler Automotive) company in recent years have caused the company to take on a systematic approach to building and maintaining a profitable business. The discovery of the root cause for the FCA turn around can be found in the leader CEO Sergio Marchionne. In the paper, we will review his top three leadership practices, and perform SWOT analysis of the FCA- North America organization. The FCA- North America LLC has its headquarters in Auburn Hill, Michigan. The FCA- North America divisions include SRT, Dodge, Chrysler, and Ram. The primary products made by this company are SUVs, trucks and automobiles. The Dodge autos include the Dart, Challenger, Charger, and the Avenger. The Chrysler autos include the 200, the 300, Town and Country. The Ram Truck line includes Ram 1500, 2500, 3500. The SUV lineup is Jeep, Dodge Durango. The FCA- North America LLC product has a target...
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...Introducing Alfa Romeo into Canada Introducing Alfa Romeo into Canada P720 – Strategic Management Table of Contents Executive Summary 2 Company Background/History 3 Statement of Problems 3 Analysis 5 Brief History Overview 5 Industry Overview 5 SWOT 6 Porters 5 Forces 7 PEEST 8 VRIO 10 Competitor Overview 12 Alternatives 12 Decision Criteria 14 Implementation 16 Contingency 19 References 21 Exhibits 22 Executive Summary Alfa Romeo, a company steeped in automotive performance history is being evaluated for re-entry into the North American and specifically Canadian consumer market. The company was founded in 1910, and has been producing high performance vehicles to present day. To-date its sales focus has been focused on the European market, with over 90% of units sold in Europe. It was acquired by, then Fiat Group, in 1986 from this acquisition a partnership was brokered between Fiat and Chrysler Motor Company in 1988 for exclusive rights to sell Alfa Romeos through Chrysler dealerships from 1988 to 1995, at which time Alfa Romeo pulled out of the North American market. In 2015, due to the recent partnership between Fiat and Chrysler and the creation of Fiat Chrysler Automotive Group, Alfa Romeo is returning to North America. Three key problems have been identified that must be overcome for Alfa Romeo to be successful in the Canadian market place and North American market overall. The first is to develop strong brand recognition...
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...http://www.assignmentpoint.com/business/finance/southeast-bank-limited-performance-evaluation.html Southeast Bank Limited Mission Southeast Bank mission is to continue our support for expansion of activities at home and abroad by adding new dimensions to our banking services which have been ongoing in an unabated manner. Alongside, we are also putting highest priority in ensuring transparency, account ability, improved clientele service, as well as our commitment to serve the society through which we want to get closer to the people of all strata. Winning an everlasting seat in the hearts of the people as a caring companion in uplifting the national economic standard through continuous up gradation and diversification of our clientele services in line with national and international requirements is the desired goal we want to reach. After doubling itself in size and soundness Southeast Bank Limited has been consolidating its position and preparing itself for the new millennium by upgrading technology, training its work force, restructuring organizationally and creating a new work culture. * High quality financial services with state of the art technology * Fast customer service * Sustainable growth strategy * Follow ethical standards in business * Steady return on shareholders’ equity * Innovative banking at a competitive price * Attract and retain quality human resource * Commitment to Corporate Social Responsibility Vision Ensuring highest standard of...
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...Franchise Management “Franchising is utilized by a wide variety of companies in numerous industries to sell goods and services through retail outlets” (Birkeland, 16). Franchising is the ability to sell goods to the consumers of the world. Franchising branches off into many categories such as retail and food. Becoming a franchiser is quickly becoming one of the quickest and most effective ways in today’s society to make money (17). Becoming a franchiser means that you become the head of the franchise that you run. You are your own boss. Becoming a franchiser can also be a very risky investment, as no one knows what may or may not happen (17). Will your franchise be a bust or will it be a huge success? As a franchiser, before you get started investing large sums of money into something, you need to know how to run a franchise, what kind of franchise you want to buy and how to become successful. Knowing how to run a franchise before starting one will help your chances of success. Going to college is the best and most direct way to know exactly what is needed. While at college, you are able to earn many different levels of education related to franchise management. You are able to earn a graduate diploma in franchise management, a master’s degree in franchise management and a master of science in franchise management (Mauricio). Attaining these college diploma levels enables you to learn very valuable knowledge and gain experience. These valuable experiences include...
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...entrepreneur. Using state of the art technology and creative techniques, today’s accounting is a vital component of the corporate world helping to build financial foundations that encourage long term growth and profitability. Cost accounting is the managerial financial budgeting tool of the accounting domain that deals specifically with cost and production. Cost accounting assists companies to understand the cost of product versus service and this helps to prepare bids and proposals and assembles information for planning and control which are needed to evaluate performance. Any business can use cost accounting but it is most effective with corporations that manufacture mass produced products and have a large employee base. Cost accounting is also becoming a valuable asset within the medical industry. In the ultra-competitive market of health care, hospitals are using price strategies, one of the new methods used in accounting, to entice customers and keep patients happy. Cost accounting techniques have developed as quickly as industry has in the 21st century. Basic accounting has become antiquated as new, creative approaches to financial stability emerge. Methods such as ABC (Activity Based Costing) and ABM (Activity Based Management) where price is matched to the resource and the activity that uses them, have become the modern tool for both structural and execution cost management (Fotache & Fotache, 2009). The GPK (Grenzplankostenrechnung) is an approach used mostly...
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...20 Questions Directors Should Ask about IT Projects 2007 How to use this publication Each “20 Questions” briefing is designed to be a concise, easy-to-read introduction to an issue of importance to directors.The question format reflects the oversight role of directors, which includes asking management — and themselves — tough questions.These questions are not intended to be a precise checklist, but rather a way to provide insight into and stimulate discussion of important topics. The comments that accompany the questions summarize current thinking on the issues of leading organizations, and provide directors with a basis for critically assessing the answers they get, and digging deeper as necessary.Thus, although the questions apply to most medium-to-large organizations, the answers will vary according to the size, complexity and sophistication of the individual organization. The Information Technology Advisory Committee 20 Questions Directors Should Ask about IT Projects 2007 Library and Archives Canada Cataloguing in Publication 20 questions directors should ask about IT Projects ISBN 978-1-55385-250-6 1. Project management. 2. Information technology — Management. I. Canadian Institute of Chartered Accountants. II.Title:Twenty questions directors should ask about IT projects. HD30.2.T883 2007 658.4’04 C2007-901684-7 Copyright © 2007 Canadian Institute of Chartered Accountants 277 Wellington Street West Toronto, ON M5V 3H2 Printed in Canada Disponible...
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... Abstract Fraudulent behaviors have deep rooted history in most American organizations, including medical institutions. There is no doubt, therefore, that one of several ways an administrator can succeed as a Chief Nursing Officer (in a facility wrecked by news of abject corruption and empirical fraudulent activities) is being knowledgeable about these historical facts and taking corrective actions. Necessarily, any report of dishonest behaviors such as the one relating to the subject of this paper, will be addressed by a more appropriate applications of provisions of the False Claim Act (as amended in 1986). Due to the inherent risk associated with reporting corrupt corporate behaviors, the FCA regulations entitle whistle blowers to an attractive percentage of funds retrieved as results of qui tam suits. Predicated on these statutory protections, this writer will examine and evaluate the effects of qui tam in the healthcare industry, devise procedures for admissions at medical facilities and subsequently recommend genuine corporate integrity programs with a view of abating or mitigating frauds in these institutions. In conclusion, a plan will be drawn up to protect patients’ information pursuant to applicable federal and state laws. Evaluate how the Healthcare Qui Tam affects health care organizations. It is this writer’s opinion that evaluating how Qui Tam may affect a healthcare organization presupposes that healthcare institutions...
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...Entry Strategy Australia has nearly 1,200 franchise systems, with more franchising outlets per capita than the United States, and has been referred to as the “Franchising Capital of the World”. For many Australians, owning and operating their own business is a lifelong dream, and franchising is a relatively low-risk way to achieve this goal. This form of business is fast-growing, and more than 400,000 Australians are employed as a result of franchising (Vucic). Since 2010, franchising has grown by 15%, which can be attributed to the enactment of specific and compulsory legislation that governs franchise relationships (Baybridge). There are different forms of foreign franchising in this Australia; however, we believe direct franchising is the best option because it provides ultimate control of the franchise network as the two parties involved will have a direct relationship. It also allows for the direct supply of products or allowances made to source own supply. Cultural barriers will have to be worked out to provide adequate training and a third party advisor can help with local customs and commercial practices (Baybridge). Australia has many channels of support for this form of business as more and more companies emerge that aide in franchisee training, franchise system development, public relations and marketing (Vusic). The Franchise Council of Australia provides key aspects of franchise decision making, management, and practices from experts in their field (FCA). ...
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...Business Report “Examining the causes of Failure” On Vedanta Alumina Lanjigarh Project Submission date 13th December, 2010 Submitted bySId- 7636657 1 Executive Summary – MOE&F, INDIA rejected the application for Stage-2 (Final) Environmental Clearance and withdrew all the previous clearances for mining in Niyamgiri Hills given to Vedanta Alumina Ltd. (VAL) a subsidiary of Sterlite Industries INDIA Ltd. (SIIL) citing various facts and reasons. This report provides an in depth analysis of the factors that lead to the debacle of Vedanta Alumina Lanjigarh Project. In the collation and presentation of data Secondary sources have been largely used. Vedanta, being a big Corporate house with ample experience was well aware of the rules and legislations prescribed under the law but deliberately Indulged in malpractices and ignored the key issues when it came to the Implementation of the Robust Business Strategy as a part of unnecessary haste. This project is a complete failure as the main purpose of setting up of refinery at Lanjigarh was the mining from nearby Niyamgiri Hills which was rejected by MOE&F, INDIA. Main factors that contributed to the failure of Vedanta Project are primarily indulging in unethical and illegal practices to kick-off the project and ignoring the key stakeholders of the project i.e. Dongria Kondhs who are the inhabitants of the Niyamgiri Hills (Proposed mining Lease Area). The only ray of hope for Vedanta to make this project a success in...
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...3 The Regulatory System in the United Kingdom This chapter examines the regulatory system currently in place in the United Kingdom. It provides an overview of the structure and objectives of regulation, the role of the regulator and the techniques that are employed in regulating firms and individuals who engage in investment business. 3.1 Background: the financial crisis and regulatory reform 3.1.1 Responding to the financial crisis In the UK, as elsewhere, the onset of the financial crisis exposed deficiencies in financial regulation and led to calls for regulatory reform. The Treasury Select Committee1 led the way, with its hearings into the collapse of Northern Rock exposing serious deficiencies in supervision and risk management.2 In October 2008, the Chancellor of the Exchequer asked Lord Turner, the newly appointed chairman of the FSA, to review the causes of the crisis and to make recommendations on the changes in regulation and supervisory approach needed to create a more robust banking system for the future. The Turner Review3, published in March 2009, made a 1 The Treasury Select Committee is a Parliamentary (House of Commons) committee that scrutinises the activity of the regulatory authorities in the UK. 2 See House of Commons Treasury Committee, The Run on the Rock HC 56-1 (Fifth Report of Session 2007-08). 3 FSA, ‘The Turner Review, A regulatory response to the global banking crisis’ (March 2009) at http://www.fsa.gov.uk/Pages/Library/Corporate/turner/index...
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...The whistleblower (or “qui tam”) supplies of the False Claims Act let private people to bring suit on behalf of the government against persons or business who have present fake assert to the government. Under the Act, a whistleblower is free to a percentage of the costs that the government finally get thus of the court case. The qui tam supplies have been used with increasing occurrence in current years to start court case against pharmaceutical producer for deception that these companies have supposedly committed against federal and state health care programs. This paper tries to clarify the effects that these whistleblower court case have had upon the health care industries. This paper also suggests traditions that the False Claims Act and government enforcement efforts could be rehabilitated in order to decrease both playful qui tam court case and require for such wide False Claims Act trial History of the Whistleblower Provisions of the False claims act The False Claims Act (“FCA”) is one of the strongest tackle the government possesses for fighting fraud adjacent to the United States. As the government may bring suit to improve sufferers from deception without collaboration from private people, the FCA also approve private people with non-civic information relating to the deception to bring suit on behalf of the government. These whistleblower (or “qui tam”) suits allow the applicant to get a proportion of the revival for the government, that...
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...four market structures and their characteristics? According to McConnell and Brue (2004) describe four market structures that companies align themselves with during the course of their corporate lives.: “Pure Competition, Pure Monopoly, Monopolistic Competition and Oligopoly. Companies may move from market structure to market structure over the course of growth and time. This movement between structures may be the result of product changes, introduction of competition or consumer interests. McConnell and Brue (2004) also states that, pure competition is "a very large number of firms producing a standardized product". This is the case with the corn industry. One example of a pure competition corporation is "Farmers Cooperative Association" (FCA). A Farmers' Cooperative Association is a group of farmers, at their convenience, who come together to form a co-op in order to: improve bargaining power; reduce costs; obtain market access or broaden market opportunities and improve product or service quality (Nebraska Department of Agriculture, n.d.) that would normally not be achieved as an individual farmer. In doing so each farmer pays a fee to the Cooperation. The Cooperation itself is normally a non-profit organization in that the profit is attained back to the members supplying the product. Pricing is determined by the Board of Trade and is typically nonnegotiable. Cooperatives can hold corn at the request of its members in order to obtain a better price. However, in today's farming...
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...Accounting Scandal The Companies The Participants Regulatory Scrutiny Intensifies The Prosecution Case The Defense Case Relevant Laws and Regulations The Fate of the Participants The Companies AIG Overview (2007) World’s largest insurance and financial services company 93,000 employees Business in 130 countries Led by Maurice (“Hank”) Greenburg Shareholder’s equity 2007: $95.8 billion Net Income 2007: $6.2 billion Premium written 2007: $59.8 billion GenRe Overview One of World’s largest reinsurers Established 1921 Headquartered in Connecticut Owned by Warren Buffet’s Berkshire Hathaway Led by Ronald Ferguson, FCAS, until he retired in 2002 Premium written 2007: $6.0 billion The Participants Hank Greenburg, CEO of AIG Born 1925 Admitted to NY Bar in 1953 Joined AIG in 1962 Named CEO in 1968 Led AIG for 38 years Stepped down March 21, 2005 Ron Ferguson, CEO of Gen Re Born 1942 Fellow of CAS Co-developer of B-F method Joined Gen Re in 1966 Named CEO in 1987 1998 Berkshire Hathaway acquired Gen Re Retired 2002 Others Christopher Garand, FCAS Senior VP and Chief Underwriter of GenRe’s Finite Reinsurance in US from 1994 to 2005 Elizabeth Monrad, CPA CFO of Gen Re 2000 to 2003 Robert Graham, JD SVP and Assistant General Counsel at GenRe until 2005 Others Christian Milton VP of AIG’s Reinsurance until 2005 Richard Napier SVP responsible for GenRe relationship...
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...Pierre Kitts | Integrated Logistics Case Study 1 | March 2, 2014 Case Study 1 – Buttons Limited Canadian Distribution System Contents Executive Summary 1 Introduction 4 Initial Stocking of Stores 6 Figure 1 - Average Transit Time by Ocean Container from Manufacturing Plants to Canadian Stores 8 Figure 2 – Initial Stocking of Stores via 40 FT Ocean Containers to DC’s. 9 Full Distribution System Buttons Canada 10 Figure 3 - Average Transit Time by Consolidated Air from Manufacturing Plants to Canadian Stores 11 Figure 4 – Full Canadian Distribution Flow Chart: Consolidated Air into DC’s Replenishment of Stock 12 Canadian 3PL 13 Incoterm 15 Modal Selection 17 Distribution Centre (DC) 18 Distribution 19 Communications Internal 20 Communications to 3PL 22 Customs 23 Conclusion 24 Executive Summary Buttons Limited, is a global clothing retailer, and has targeted Canada as a new market for expansion of their lines of affordable, but stylish clothing, by opening up eight new stores in the country. Two stores will be situated in Vancouver British Columbia, three in Toronto Ontario, and three in Montreal Quebec. A very simple and straight forward distribution solution is recommended. One that will use the same flow chart process for both ocean carriage, for the initial startup and stocking phase of the program (see Figure 2, page 9), and the air consolidation replenishment of stock phase (see Figure 4, page 12). This system will be providing savings with...
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...charges. Disadvantages of SWIFT * Considering Super Sparkle one major disadvantage that stands out seems to be the fact in this system, the payments need to be converted between currencies. According to the case study, Mr Day has concerns about how the movement in exchange rate will affect the company’s financial position. Also he is worried about the impact currency rate fluctuations will have on Super Sparkles own financial reports. * Since Super Sparkles export market is 40% as they sell to export markets, the impact of SWIFT needs to be taken into consideration. According to Groves (2011) delays can occur if the banks do not maintain accounting relationship for example nostro/vostro relationship. * Also when doing export business Super Sparkle could face problems using SWIFT system because...
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