...Joint venture From Wikipedia, the free encyclopedia Jump to: navigation, search For the Kottonmouth Kings album, see Joint Venture (album). A joint venture (often abbreviated JV) is an entity formed between two or more parties to undertake economic activity together. The parties agree to create a new entity by both contributing equity, and they then share in the revenues, expenses, and control of the enterprise. The venture can be for one specific project only, or a continuing business relationship such as the Sony Ericsson joint venture. This is in contrast to a strategic alliance, which involves no equity stake by the participants, and is a much less rigid arrangement. The phrase generally refers to the purpose of the entity and not to a type of entity. Therefore, a joint venture may be a corporation, limited liability company, partnership or other legal structure, depending on a number of considerations such as tax and tort liability. Contents [hide] * 1 When are joint ventures used? * 2 Brokers * 3 Reasons for forming a joint venture * 4 Examples * 5 External links [edit] When are joint ventures used? Joint ventures are not uncommon in the oil and gas industry, and are often cooperations between a local and foreign company (about 3/4 are international). A joint venture is often seen as a very viable business alternative in this sector, as the companies can complement their skill sets while it offers the foreign company a geographic...
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...Siemens AG: Global Development Strategy • What were the major causes of the problems with the NetManager project? (I’m not looking for a list of points made in the case; I’m looking for you to step back to a higher level and analyze why these problems occurred.) The problems experienced by the NetManager project appear to be symptoms of integration vs. responsiveness issue within Siemens AG. As a transnational company, Siemens faces strong pressure to globally integrate its operations, and be responsive to the needs of their offices and customer’s needs. The main problem with NetManager was that it had mushroomed in size and strategic importance. This was the result of keeping up with the rapidly changing technological demands, and NetManager becoming a highly visible product for Siemens’ largest customers. Analyzing the various problems, we see that despite the competence of the Bangalore RDC, there is a serious number of integration problems between Munich headquarters and Bangalore. First, there was a gap in product knowledge and competence, which resulted in unrealistic expectations such as project deadlines. Indians held proficiency in desktop and personal computing programming languages, while the Germans held extensive product knowledge concerning their EWSD technology and its functions. As the project grew in size and scope, it required interdependence amongst EWSD systems, knowledge held by German management and not sufficiently provided to Bangalore. Then...
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...Siemens AG, Germany: Training and development Organisational background Siemens AG is one of Germany’s leading technology companies. It operates in the fields of information and communications, automation and control, power, transportation, medical solutions and lighting. The company employs a total of 460,800 people worldwide, including 124,000 women, who represent about 27% of its global workforce. Some 165,000 employees work for Siemens in Germany. With its continuing reputation as an attractive employer, it appeals to qualified young professionals. Siemens is very active in the training of young people and in developing its staff competencies. Some 158,300 employees (corresponding to 34% of the company’s total workforce) hold a university degree; of these, 117,000 employees or 26% of the workforce are qualified engineers and scientists. A further 160,000 employees or 35% of staff have served an apprenticeship or completed vocational training, while just under a third of employees (142,500 people) have an unrelated qualification or no vocational training. As a company of long-standing tradition, Siemens has always endeavoured to retain its staff. It relies on an excellent workforce and offers a wide range of training programmes to enable all company employees to continue to develop professionally. Careers often last within the company until retirement. The age profile of Siemens AG reveals a high proportion of people in the middle age group, with relatively few employees...
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...engineering, manufacturing, warehousing and administrative facilities where it produces not only PC chips but also microprocessors, memory circuits, logic circuits, flash memory devices, telecommunication products and embedded processors (Moody’s 2000, 2520). The company’s headquarters and research and development site are located in Sunnyvale, CA, while the wafer manufacturing plants are located in Austin, TX and Dresden, Germany. The test and assembly facilities are located in Bangkok, Thailand and Penang, Malaysia. The company has also established production at the Singapore’s test and assembly facility as well as an analysis and design plant in Suzhou, China. In addition, a new plant in Japan, a joint venture of AMD and Fujitsu, called AMD Fujitsu Semiconductor Ltd. or FASB, will begin operations in the first half of 2001 (Dum 2000, 2). AMD, like many technological multinational enterprises (MNE), prefers to locate its factories and assembly plants in technology clusters in stable and democratic countries. However, AMD knows that East Asia is one of the best places for setting up factories because of cheap wages, stable countries, proximity to suppliers and potentially large markets. In fact, six out of AMD’s nine facilities are located in East Asia and employ approximately 5,600 people. The company’s consolidated global position produces a very interesting case. This paper will analyze AMD’s international operations, competitors,...
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...publication or parts thereof is permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtained from Springer. Violations are liable to prosecution under the German Copyright Law. The use of general descriptive names, registered names, trademarks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover design: WMX Design GmbH, Heidelberg Printed on acid-free paper 9 8 7 6 5 4 3 2 1 springer.com Foreword “He who stops getting better has stopped being good.” Hans Schneider, General Manager of the Siemens Amberg Electronics Factory, Industrial Excellence Award overall winner 2007 There is a general perception that inflexible labor markets and high labor...
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...Chapter 1 Assignmnet Ryan M. Kethcart INFOST-491 SEC-OL Exercises 1. Look up “the paper that started the study of computer security.” Prepare a summary of the key points. What in this paper specifically addresses security in areas previously unexamined? a. A paper titled the “Rand Report R-609” was sponsored by the Department of Defense and initiated the movement toward security that went beyond protecting physical locations. It attempted to define multiple controls and mechanisms necessary for the protection of a multilevel computer system; identifying the role of management and policy issues in computer security. This report/paper significantly expanded the scope of computer security to include the following: securing the data, limiting random and unauthorized access to said data, and involving personnel from multiple levels of the organization in matters pertaining to information security. 3. Consider the information stored on your personal computer. For each of the terms listed, find an example and document it: threat, threat agent, vulnerability, exposure, risk, attack, and exploit. a. Threat: i. Theft of Media b. Threat Agent: ii. Hacker (Ex: Ima Hacker) c. Vulnerability: iii. Unprotected system port d. Exposure: iv. Using a website monitored by malicious hackers, reveals a vulnerability – i.e. Unprotected system port e. Risk: v. Low level risk – The probability that...
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...PART 1 ANALYSIS THE STRATEGIC IMPORTANCE OF INTERNATIONAL MARKETING Last year’s international trade in merchandise exceeded US$10.5 trillion and world trade in services is estimated at around US$2.4 trillion. Whilst most of us cannot visualise such huge amounts, it does serve to give some indication of the scale of international trade today. This global marketplace consists of a population of 6.6 billion people which is expected to reach 10 billion by 2050 according to the latest projections prepared by the United Nations. Global wealth is increasing and this is reflected in higher demand. Increasing affluence and commercial dynamism has seen nations across Asia, Central and Eastern Europe emerge as high growth economies. Increasing affluence and demand simply means that consumers will actively seek choice, with the result that globally competition is intensifying as companies compete to win the battle for disposable income. Population growth and increased affluence together have helped create a ‘global youth culture’ – teenagers now account for 30 per cent of the population globally. In many countries, more than half the population is pre-adult, creating one of the world’s biggest single markets, the youth market. Everywhere adolescents project worldwide cultural icons, Nike, Coke, Gap and Sony Walkman, as well as Sega, Nintendo and the Sony Playstation. When ‘virtual reality’ is commonplace, the one-world youth culture market will exceed all others as...
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...Dow Jones EuroStoxx 50 , Dow Jones Stoxx 50 , Dow Jones Global Titans 50 . The company has a decentralized structure : the responsibility for work in the world market rests with the 14 departments . In various countries, commercial purpose departments implement regional representation. Siemens is known worldwide , not only as a reliable manufacturer and innovator in many areas of industry. For nearly 160 years, Siemens has sought to use the most innovative materials and technologies , bringing a great contribution to the development of world progress , coming up with new technologies and devices . Us she is more known for its quality line appliances - from irons to refrigerators , and in industry it is famous for lighting systems , electronic systems, air-conditioning and ventilation installation , etc. Today by Siemens is one of the largest electrical and electronic companies in the world . The company employs 405,000 employees , with about 57% work directly in markets outside Germany. More than 80 % of its production is by the means of production . Siemens in Russia brings together more than a thousand employees or more than 3500 , including subsidiaries and joint venture companies . «Siemens» present in 30 regions of...
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...Cerebral Height Institute of Management & Communication PGDM Batch 2 Term 6th Management Control System Activity – Project Report On Nokia Strategies Adopted By Nokia In Order To Achieve Its Goals Submitted to: Submitted by: Prof. Aniruddha Durafe Rajkamal Paroha Anshuman Singh Parihar INDEX * Introduction to Nokia * History of Nokia * Mission & Vision * Goals & Objective * Organizational Culture * Management Control System in Nokia * Nokia Product Mix * Strategy Formulation * Strategy Adopted by Nokia to achieve its goals * Strategy Goal Introduction to Nokia Nokia is a multinational corporation engaged in the manufacturing of mobile phones devices, in converging internet and communication industries, having about 132,000 employees working worldwide. The organization is the World’s largest mobile manufacturing company and is operational is 150 different countries having an approximate global annual sales revenue of € 42 billion and operating profit of € 2 billion in the preceding year 2010. The organization has a market share of about 28.9% as of the preceding year 2010 and is still the market leader in the world of mobile phones. Nokia Corporation has a history of 146 years and it wasn't the way it is today, it took Nokia decades to reach at this point. The first Nokia century began...
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...MGMT 595 SPECIAL TOPICS IN MANAGEMENT: MERGERS AND ACQUISITIONS COMPANY, INDUSTRY AND COUNTRY BACKGROUND FOR EACH COMPANY (ACQUIRER AND TARGET) IN YOUR TEAM PROJECT DATE: 23/Oct/2013 GROUP MEMBERS Aisha Ahmed AlKunaimesh – Gust1201102010 Sarah Ghassan Abul - Gust1201102015 MERGER / ACQUISITION FOR YOUR TEAM PROJECT: Vodafone Germany + Kabel Deautschland ACQUIRING FIRM: COMPANY BACKGROUND: (Some of the details will be from the previous assignments.) * Who founded the company and when? The company was founded in 1982 as a joint venture, the name was derived from the newly found company's goal of establishing both voice (VO) and data (DA) services over a mobile telephone network. * Who are the current leaders of the company? The current leaders of the company are: 1 - Vittorio Colao: Chief Executive, Italian businessman, aged 52, was appointed Chief Executive of Vodafone Group Plc after the AGM on 29 July 2008. He joined the Board in October 2006 as Chief Executive, Europe and Deputy Chief Executive. The early part of his career was spent in the Milan office of McKinsey & Company working on media, telecommunications and industrial goods, with additional responsibility for recruitment. In 1996 he joined Omnitel Pronto Italia, which subsequently became Vodafone Italy, and he was appointed Chief Executive in 1999. He was then appointed regional Chief Executive Officer, Southern Europe for Vodafone Group Plc in 2001, became a member of the Board...
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...Managers Report: Open Source software Vs. Closed Source software A program that is operated under the open source label has to fulfil several criteria. The most important of these are: Can be circulated freely: Anyone may use open source software and pass it on as often as he or she wishes. Availability of the source code: The software suite must contain the source code or this must be available at a freely accessible location. Modifications to the source code: The source code may be adapted to individual requirements and be passed on in this modified format. For example, Linux - by now a prominent open source operating system - was always known to be stable; however, in the beginning its only fans were in the server area. Configuration was too complicated and the user interface was not user-friendly enough, were the complaints. Advantages of open source The advantages are a result of the three core principles on which the open source software is based: Availability of the source code and the right to be able to modify it. As the source code is available, any interested developer can extend, improve or adapt it to individual requirements as he or she wishes. Errors and security gaps can quickly be discovered and rectified through the co-operation of programmers throughout the world. No commercially oriented company could possibly pay a similar number of developers nor react as quickly. The right to pass on an open source software application and all modifications...
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...INTRODUCTION A mobile or cellular telephone is a long-range, portable electronic device for personal telecommunications over long distances. Few years back cellular phone used to be a status symbol and great luxury only accessible to elite class which has now become an affordable necessity even for common people. The initial mobile phones were expensive, bulky with limited operational capability. The new innovative features of mobiles, convenience of use, affordability of mobile sets as well as services has resulted in the number of subscribers to mobile networks growing at a rapid rate on a worldwide basis. Due to the growing competition, Cellular companies are spreading their network throughout Pakistan even to remote areas at competitive and affordable rates. Mobile phone sector of Pakistan is continuing to show excellent growth trends with more than 40 million subscribers and 23.1 % mobile-density. Currently 29.32 percent population of Pakistan has the access to telecommunication services. One of the prime drivers of this growth has been a balanced cellular regulatory regime which facilitated not only growth of mobile services but also lowering of prices. Due to sky rocketing growth in telecom industry in the short span of time, both mobile service providers as well as mobile manufacturing companies are in great competition. WORLDWIDE INDUSTRY The mobile phone industry in the past decade has become one of the largest and fastest growing industries in the world...
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...Alianças Estratégicas Eduardo Vasconcellos Eduardo Vasconcellos Alianças ou Parcerias Acordos entre empresas com a finalidade de apoiar os parceiros no alcance dos seus objetivos e estratégias Eduardo Vasconcellos Alianças Estratégicas A aliança é denominada estratégica quando a sua importância para os parceiros é alta Eduardo Vasconcellos Tipos de Alianças FORMAIS - ACORDOS SEM ENVOLVER $ – AGA-NIPPON - ACORDO ENVOLVENDO $ • SEM CRIAR OUTRA ENTIDADE - POHANG IRON-NIPPON STEEL • CRIANDO TERCEIRA ENTIDADE – “JOINT VENTURE” •Fugitsu – Siemens Computers •Autolatina ( VW-Ford) INFORMAIS – Hippel (mini siderurgias) e Allen Eduardo Vasconcellos Tipos de Alianças (cont.) 1 – COMERCIAL – Pfizer Cataflan/Novartis Zitromax Novartis - Schering 2 – COMERCIAL E MANUFAT. – Sabó/Bruss 3 – COMERCIAL, MANUFATURA E P&D&E – Xerox/Fuji Eduardo Vasconcellos Novo Paradigma da Competitividade 1. EMPRESA X EMPRESA 2. GRUPO X GRUPO 3. SISTEMA X SISTEMA Eduardo Vasconcellos Sistema de Parcerias PAPEL DO GOVERNO FORNECEDORES CONCORRENTES EMPRESA CLIENTES UNIVERSIDADES EMPREGADOS Eduardo Vasconcellos Parceiros Potenciais EMPRESAS FORA DO PAÍS FORNECEDORES – CHAVE DETERMINADOS CONCORRENTES DISTRIBUIDORES – CHAVE CLIENTES - CHAVE EMPRESAS ESPECÍFICAS DE OUTROS SETORES UNIVERSIDADES Eduardo Vasconcellos Parceiros Potenciais Prioridade 1º Lugar % CLIENTES - CHAVE 1 ...
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...Nokia Corporation Company Profile Publication Date: 27 Aug 2010 www.datamonitor.com Europe, Middle East & Africa 119 Farringdon Road London EC1R 3DA United Kingdom t: +44 20 7551 9000 f: +44 20 7551 9090 e: euroinfo@datamonitor.com Americas 245 5th Avenue 4th Floor New York, NY 10016 USA t: +1 212 686 7400 f: +1 212 686 2626 e: usinfo@datamonitor.com Asia Pacific Level 46 2 Park Street Sydney, NSW 2000 Australia t: +61 2 8705 6900 f: +61 2 8088 7405 e: apinfo@datamonitor.com Nokia Corporation ABOUT DATAMONITOR Datamonitor is a leading business information company specializing in industry analysis. Through its proprietary databases and wealth of expertise, Datamonitor provides clients with unbiased expert analysis and in depth forecasts for six industry sectors: Healthcare, Technology, Automotive, Energy, Consumer Markets, and Financial Services. The company also advises clients on the impact that new technology and eCommerce will have on their businesses. Datamonitor maintains its headquarters in London, and regional offices in New York, Frankfurt, and Hong Kong. The company serves the world's largest 5000 companies. Datamonitor's premium reports are based on primary research with industry panels and consumers. We gather information on market segmentation, market growth and pricing, competitors and products. Our experts then interpret this data to produce detailed forecasts and actionable recommendations, helping you create new business opportunities and ideas...
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...mill by Fredrik Idestam onthe banks of Nokia rapids. Finnish Rubber Works established its factories inthe beginning of 20th century nearby and began using Nokia as its brand.Shortly after World War I Finnish Rubber Works acquired Nokia wood millsas well as Finnish Cable Works, a producer of telephone and telegraphcables. All three companies were merged as Nokia Corporation in 1967. Thename Nokia originated from the river which flowed through the town of thesame name (Nokia).In the 1970s Nokia became more involved in the telecommunicationsindustry by developing the Nokia DX 200, a digital switch for telephoneexchanges. In the 1980s, Nokia offered a series of personal computers calledMikroMikko. However, these operations were sold to International Computers, Ltd. (ICL), which was later merged with Fujitsu-Siemens AG. Nokia also began developing mobile phones for the NMT...
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