...“The Five Year Plans were successful in strengthening the Economy before 1941.” Explain why you agree or disagree with this view. Though with many flaws Stalin’s five year plans did create a strong industrial base for Russia. Stalin’s aims for strengthening the economy could identify the successes of the five year plans. Stalin wanted to strengthen the economy to increase military strength due to the fear of foreign invasion he needed a well-developed industrial base especially of heavy industry. He also wanted to achieve self-sufficiency, and to improve standards of living of people in Russia to bridge the gap between them and the West. A strengthened economy would fulfil and maintain the promise to international proletariat to develop the country and become the first socialist state by industrialising. In some ways, the five year plans fulfilled some of Stalin’s aims for example, the focus on rapid increase in industrial capacity and growth of industry especially, heavy industry and armament production. Coal and iron output doubled and defence armaments grew rapidly as resources were diverted to them. Also hydro-electric dams, canals, railways and other infrastructural projects were built. The five year plans transformed the primitiveness of the country, creating a massive urban working class and trebling electricity production. As well as strengthening the economy and achieving military strength this expansion gave Russia enough strength to resist and eventually beat the...
Words: 570 - Pages: 3
...Introduction of Mitsubishi Heavy Industries:- Mitsubishi Heavy Industries, Ltd., Japan's largest shipbuilding and machinery maker, is a mammoth company involved in an array of industrial concerns. With nearly 150 subsidiaries, Mitsubishi Heavy Industries (MHI) operates in 11 key sectors--Shipbuilding, Nuclear Energy Systems, General Machinery and Components, Paper and Printing Machinery, Steel Structures and Construction, Machinery and Plants, Air-Conditioning and Refrigeration Systems, Machine Tools, Power Systems, Aerospace Systems, and Industrial Machinery--and produces everything from cruise ships and oil tankers, to construction machinery, newsprint machines, turbines, airplanes, gasoline engines, and gear cutting machines. The company also builds nuclear power plants, bridges, and sports stadiums. MHI traces its history back to the latter part of the 19th century, and has demonstrated its ability to withstand periodic downturns in the Japanese economy..MIT operated in more than 35 countries. Company Vision:- Introducing Our Creed. Company Mission:- For more than a century, Mitsubishi Heavy Industries has been supplying the world with some of its greatest technological innovations, creating symphonic harmony between nations and a more comfortable world for mankind. At the beginning of this new millenium, an exciting new era of challenges and successes lies ahead of us, an aeon in which we will continue to create harmony between men...
Words: 1569 - Pages: 7
...CONTEXT: Year 1987POINT OF VIEW: Chung Se-Yung, Chairman of the Hyundai Group of Companies.MAIN PROBLEM:Hyundai Group adopted and had been into practice the authoritarian style of management. Without taking into consideration the fact that during the last two decades of dynamic growth in operations; their management style hindered their evolution .SECONDARY PROBLEM :1. With the rising competition and swelling demands from Korea’s more independent youth generation, Hyundai’s strategies of low wages and hard work were no longereffective.2. The reported labor rebellion at Ulsan that were participated by 2000 Hyundaiworkers since December 1988.3. Hyundai started to move away from Korea’s slumping construction and shipbuilding industries and faced a troubled transition to a high-tech , high-wagedfuture.COMPANY OBJECTIVES :To gradually transform leadership strategies to meet the demands of the times and thedemands of an increasingly complex socio-economic structure that was under going tremendousflux, and a high return on investments as an added incentive. SWOT ANALYSIS :STRENGTHS :1. As according to Ibrahim , Hyundai construction crews at work are like disciplined ,para-military , single-minded , self-sufficient machine.2. Working fourteen-hour shifts and seven-day weeks , the construction crews do theirfaster than anyone else.3. Hyundai Chairman’s audacity, determination , and imagination remained to be a trademark of the man as the financial stakes...
Words: 353 - Pages: 2
...over a million were in operation. The leading producer with nearly half the market was Bombardier, based in Montreal, producer of Sea Doo personal watercraft. Other producers included Polaris Industries, Kawasaki, and Yamaha. Despite, or perhaps because of, their popularity jet skis were under attack from several quarters. Safety concerns resulted from the speed of jet skis and from some of their operating characteristics. One character- istic was that they were nearly impossible to control when 29New York Times, March 28, 2011. 30www.globalnetworkinitiative.org. 31See the Chapter 24 case Google Out of China. 32New York Times, March 7, 2011. 33The Guardian, April 21, 2011. 34Wall Street Journal, April 20, 2011. 35Washington Post, April 24, 2011. an operator lost hold of the throttle. A study published in the Journal of the American Medical Association reported that inju- ries associated with personal watercraft increased dramatically with an estimated 12,000 people treated in hospital emergency rooms in 1995, including four fatalities. The study also indi- cated that the accident rate for personal watercraft was substan- tially higher than for regular motorboats. In California, jet skis accounted for 55 percent of boating injuries but only 18 percent of registered boats. The industry responded that surveys had shown that the average personal watercraft was used more per year than larger boats, making the accident rates “roughly com- parable” to water skiing. Kawasaki stated...
Words: 600 - Pages: 3
...arrangements are also very important in increasing or decreasing employees’ motivation. Our group decided to focus on the motivational factors and the reality of it in a real business organization. We came across an acquaintance who currently works as Hyundai Heavy Industry (HHI). He told us about the unique culture of foreign dispatch system, common in industrial companies. According to our interviewee, foreign dispatch systems have clear pros and cons and that organizations use various methods in order to satisfy the ones who work abroad. Hyundai Heavy Industry is the world's largest shipbuilding company, headquartered in Ulsan, South Korea. It has seven business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro & Electric Systems, Construction Equipment, and Green Energy. HHI was awarded a trophy to celebrate an achievement of exporting one hundred million dollars in 1974. Continuously, HHI was awarded one billion dollars trophy, five billion dollars trophy, ten billion dollars trophy, and fifteen billion dollars trophy before 2009, in the same field. HHI is one of the major companies which have more than twenty-five-thousand employees. Hyundai Heavy Industries Co., Ltd established a manufacturing plant of wind...
Words: 3043 - Pages: 13
...New Hire Communication Jose A Marquez Navarro COM/295 11/03/2014 New Hire Communication Welcome to Subaru Of America Regional Distribution Center. As a new hire I would like to introduce you to our company culture and processes. As an instructor in our company you are expected to follow our procedures to train new warehouse associates according to our procedures written in our manuals. Company Culture At Subaru Of America Regional Distribution Center we believe and encourage our employees on working smarter and not harder every day. Our expected business goal for every employee is based on 80 lines per hour in production. We take care our staff very seriously and offer them the best benefits possible from healthcare to big discount in company cars. We like to keep a professional and friendly environment and enforce our employees to create new ways to make the process more efficient and easier for them. Company Process Our company process to meet our expected goals is to achieve a 100% of production standards based on line per hours. The personnel are expected to pick, pack and ship through our different carriers the merchandise to our retailers. Instruction Employees need to follow company policies. Phones, headphones and food are prohibited in the work area. Safety is our top priority for our team as having a clean work environment is too. Employees may have radios in their packing stations, any emergency call they may need to take are to...
Words: 708 - Pages: 3
...arrangements are also very important in increasing or decreasing employees’ motivation. Our group decided to focus on the motivational factors and the reality of it in a real business organization. We came across an acquaintance who currently works as Hyundai Heavy Industry (HHI). He told us about the unique culture of foreign dispatch system, common in industrial companies. According to our interviewee, foreign dispatch systems have clear pros and cons and that organizations use various methods in order to satisfy the ones who work abroad. Hyundai Heavy Industry is the world's largest shipbuilding company, headquartered in Ulsan, South Korea. It has seven business divisions: Shipbuilding, Offshore & Engineering, Industrial Plant & Engineering, Engine & Machinery, Electro & Electric Systems, Construction Equipment, and Green Energy. HHI was awarded a trophy to celebrate an achievement of exporting one hundred million dollars in 1974. Continuously, HHI was awarded one billion dollars trophy, five billion dollars trophy, ten billion dollars trophy, and fifteen billion dollars trophy before 2009, in the same field. HHI is one of the major companies which have more than twenty-five-thousand employees. Hyundai Heavy Industries Co., Ltd established a manufacturing plant of wind power generator...
Words: 298 - Pages: 2
...BỘ GIÁO DỤC VÀ ĐÀO TẠO TRƯỜNG ĐẠI HỌC HOA SEN KHOA KINH TẾ THƯƠNG MẠI BÁO CÁO THỰC TẬP NHẬN THỨC SVTH: TRẦN DẠ MAI TRINH MSSV: 2008986 Lớp: NT121 GVHD: NGỤY THỊ SAO CHI TP HCM Tháng 09/2014 BỘ GIÁO DỤC VÀ ĐÀO TẠO TRƯỜNG ĐẠI HỌC HOA SEN KHOA KINH TẾ THƯƠNG MẠI BÁO CÁO THỰC TẬP NHẬN THỨC SVTH: TRẦN DẠ MAI TRINH MSSV: 2008986 Lớp: NT121 GVHD: NGỤY THỊ SAO CHI TP HCM Tháng 09/2014 ABSTRACT As future managers, it is really important for us to know and understand how multiple companies work. CONTENTS ABSTRACT i CONTENTS ii LIST OF TABLES & PICTURES iv CHAPTER 1: INTRODUCTION OF SAMSUNG 5 1.1 SAMSUNG in general 5 1.2 History of SAMSUNG Electronics 6 1.3 Vision 7 1.4 Mission 7 1.5 Objectives 8 CHAPTER 2: STRATEGIES 9 2.1 R&D (research and development) strategy 9 2.2 Pricing 10 2.3 Human resources 10 2.4 Marketing 11 2.5 Products 11 CHAPTER 3: OPERATION 15 3.1 Worldwide operations of Samsung. 15 3.1.1 Market Share 15 3.1.2 STP Analysis 16 3.1.3 4P’s...
Words: 5409 - Pages: 22
...electronics ,especially in the smartphone industry today.Originating from South Korea,the company has established a strong presence worldwide.A company with an extremely diversified portfolio,Samsung has a complex brand to manage.We conducted a comprehensive assessment of how the company has performed overall as a brand. Our Survey We conducted a survey on people from various countries.The idea was to find out what an average consumer of gadgets thinks about Samsung.We asked them questions on their profile,age,gender,where they purchase consumer electronics and what are the factors they consider while making the purchase.Our results are utilized in the analysis throughout the report. History-What is Samsung? Lee Byung-Chul founded Samsung, which means “Three Stars” in Korean, in 1938 in Taegu, South Korea. The company grew to become the largest “Chaebol” in South Korea. Chaebols are multinationals that invest in several international enterprises.The company started from a trading company and ventured into industries that vary from electronics to insurance.Initially,they did not invest in branding Samsung,however,they have been actively branding now. Brand Architecture We look at Samsung’s brand structure by studying its corporate brands and endorsed brands.The underlying strategy that holds the various industries of Samsung: Corporate Branding The most prominent Samsung subsidiaries include Samsung Electronics, Samsung Heavy Industries, Samsung Engineering, and Samsung...
Words: 2468 - Pages: 10
...MITSUBISHI MOTORS CORPORATION : Announces Fiscal 2013 First Quarter Operating Results 07/30/2013 | 03:14am US/Eastern Recommend: 0 Tokyo, July 30, 2013 - Mitsubishi Motors Corporation (MMC) today announced its sales and financial results for the first quarter of the 2013 fiscal year (FY) ending March 31, 2014. 1. Performance overview MMC posted a consolidated net sales of 409.4 billion yen for the first quarter of fiscal year 2013 (April 1, 2013 through June 30, 2013), a 2% or 9.9 billion yen decrease over the first quarter of fiscal 2012, showing a decrease in wholesale volume. MMC posted an operating income of 16.0 billion yen, a 7% or 1.1 billion yen increase over the same period last fiscal year. The increase was due mainly to favorable exchange rates as well as reductions in material and other costs which together overcame such negative factors as decreases in wholesale volume and increases in sales expenses including advertising costs. Along with the increased non-operating income from factors including foreign exchange gains MMC posted an ordinary income of 22.3 billion yen, a 57% or 8.1 billion yen increase year-on-year. Net income for the term amounted to 16.4 billion yen, an 18% or 3.6 billion yen decrease year-on-year without the benefit of a 11.4 billion yen in extraordinary income from the sale of stock in affiliates like what was recorded in the first quarter of last fiscal year. 2. Sales volume (Retail) Global retail sales volume for the first quarter...
Words: 5197 - Pages: 21
...Business Model and Strategic Plan: Part I David McNally BUS/475 June 24, 2014 Mahesh Singh Business Model and Strategic Plan: Part I The new company division: Toruku Electric Motorcycles Kawasaki Motors Inc. plans on launching a new division focused on developing, manufacturing and selling electric motorcycles for both use on and off-road. The concept of designing electric motorcycles for multiple consumer markets is a fast growing idea. Several small companies are attempting to pioneer this new market with limited success. We at Kawasaki feel this limited amount of market penetration and development is mainly due to consumer wariness of new manufacturers and the limited R&D budgets of these companies. Kawasaki feels the electric motorcycle is the next step in motorsports evolution. We want to combine the best aspects of traditional gasoline powered motorcycles with today’s advanced technology. The electric motorcycle has the potential to surpass its internal combustion engine driven sibling in every way. Electric motorcycles will to be more lightweight, efficient, faster accelerating, and a blast to ride. The mission statement for this new division will be that Kawasaki Motors Electric Division is committed to transforming the experience of motorcycling by producing highly innovative electric motorcycles that combine superior value and performance. This division is powered by innovation, driven by passion, guided by integrity and measured by results. We will...
Words: 1350 - Pages: 6
...vehicle industry is undergoing a major slump. Sale of commercial vehicle in India has been reduced to a great extent and affects the profit margin of fleet operators. This is due to some factors like hike in diesel prices, recession in demand, flat freight rates, high interest rates are, lack of foreign investment, turn down in the movement of goods from agriculture to manufacturing to export-import etc., which are mainly responsible for the slothful demand of Heavy Commercial Vehicles. As per the report of the Indian Automobile Manufacturers Society, sales of medium and heavy commercial vehicles reduced to more or less 23% on-year whereas the total sales for commercial vehicles has been trim down to 2%. Ashok Leyland, the leading commercial vehicle maker, has also witnessed a 23% fall in their net profit for the financial year at Rs. 433 crore. Bharatbenz is likely to sell only about 150 - 200 trucks a month between 25 & 31 ton trucks and tippers (4 models). In the last financial year the level of sales has been affected owing to unfavorable monsoons resulting in slow-moving industrial output. In this fiscal year, it is expected that the market condition will not be improved for truck-owners and commercial vehicle makers as there will not be any kind of crucial fleet development program. Though there were additional supplies of fleets in the market but still industrial output and truck rentals were not increased significantly in the last financial year. Truck rentals...
Words: 676 - Pages: 3
...1. Industry Rivalry . Tata Motors produces vehicles both in the Light Commercial Vehicles (LCV) and the Medium and Heavy Commercial Vehicles (M and HCV) segments. a) Light Commercial Vehicles (LCV) The market for light commercial vehicles is composed of pickups, vans and coaches weighting up to 3.5 tonnes. This segment has exhibited a consistent growth rate of over 20% in the past 5 years. This growth is expected to continue with the launch of Tata Ace by Tata Motors and similar plans by other players like Mahindra & Mahindra, Eicher, etc. Tata Motors' predominance in commercial vehicles will be challenged by the entry of international brands like Mercedes-Benz, Volvo and Navistar, which have all entered, or are in the process of entering India It faces higher competition in the LCV segment, where its Tata ACE has been a huge success. Internationalization forms a key component of Tata Motor's strategy and it has successfully entered countries having a demand similar to India like South Africa, Thailand and Argentina, mainly through acquisitions and joint ventures. It needs to improve its product reliability, service network and channel reach in order to maintain and replicate this success in other markets. Some of the recommendations for Tata Motors are exploring mass customization options in the Small Commercial Vehicle (SCV) segment, improving brand reputation and technology appropriation to bring out a world class ultra-HCV segment. b) Medium and Heavy Commercial...
Words: 3275 - Pages: 14
...INTRODUCTION INDUSTRY PROFILE Ashok Leyland is a commercial vehicle manufacturing company based in Chennai, India. Founded in 1948, the company is one of India's leading manufacturers of commercial vehicles, such as trucks and buses, as well as emergency and military vehicles. Operating six plants, Ashok Leyland also makes spare parts and engines for industrial and marine applications. It sells about 60,000 vehicles and about 7,000 engines annually. It is the second largest commercial vehicle company in India in the medium and heavy commercial vehicle (M&HCV) segment with a market share of 28% (2007-08). With passenger transportation options ranging from 19 seaters to 80 seaters, Ashok Leyland is a market leader in the bus segment. The company claims to carry over 60 million passengers a day, more people than the entire Indian rail network. In the trucks segment Ashok Leyland primarily concentrates on the 16 ton to 25 ton range of trucks. However Ashok Leyland has presence in the entire truck range starting from 7.5 tons to 49 tons. The joint venture announced with Nissan Motors of Japan would improve its presence in the Light Commercial Vehicle (LCV) segment (<7.5 tons). Type : public Industry : automotive Founded : 1948 Head quarters :chennai, India Key people : R.Seshasayee, R.J. Shahaney, S.P. Hinduja, D.G. Hinduja Vinod Dasari Products :Automobiles , Engines. Revenue :US$ 1.4 billion(2008-09) Employees :11,500 Parent : Hinduja group Subsidiaries : Ennore...
Words: 2011 - Pages: 9
...SWOT ANALYSIS: REVIEW DOCUMENT FOR COMPANY ANALYSIS Company Name: Cummins Inc. Industry Sector: Global Diesel Engine Manufacturer Date: 23/11/2014 Analyst: Rajesh Kumar Strengths • Strong distribution network and strategic joint ventures with customers to allow better access to end customers CMI has joint ventures and strategic alliances with customers, particularly in emerging markets, including Tata motors in India, Dongfeng Motors in China, Komatsu in Japan, and PACCAR in the US. These companies are market leaders in their respective regions/countries. Additionally, CMI has 600 company owned and independent distributors locations, and approximately 6500 dealer locations in more than 190 countries. • Diversified portfolio of engines catering to wide range of customers The Engine segment produces engines and parts for sale to customers in on-highway and various industrial markets. Our engines are used in trucks of all sizes, buses and recreational vehicles, as well as various industrial applications including construction, mining, agriculture, marine, oil and gas, rail and military equipment. The composition of revenues by highway segment and industrial segment is around 60% and 40% respectively. Thus the concentration risk is minimized. The segment sells engines, generator sets, alternators, power systems and services. The Distribution segment includes wholly-owned and partially-owned distributorships engaged in wholesaling...
Words: 945 - Pages: 4
