...and tangible, and intangible objects for a project (Investopedia, 2013). Hemo identified the five units of equipment, 50 boxes of equipment supplies, installation, one-year monitor and test services, and three-year screen and report services as deliverables in the arrangement (Deloitte Development, 2010). Hemo Tech seems to have covered all their bases, assuming that the consumer decides to proceed into a contractual agreement for their equipment and services. Hemo Tech did not include training/ in-service as a deliverable. It is considered a deliverable because it is a service. Most medical equipment vendors readily offer this service as an incentive to purchasing their equipment. It is very necessary because this is the best way to fully ensure the user knows how to use it. The instruction manual is a great guide, but hands-on training is preferred when dealing with medical vendors. Part II Hemo Tech only sells it systems and installations as bundle, it does not sell it items individually. Hemo Tech does not have VSOE for selling prices of its equipment. Hemo Tech does not have TPE for selling prices, neither, due to the more advanced technology of their equipment compared to their competitors. Hemo Tech uses best estimations to determine selling prices by considering the cost taken to manufacture and develop the deliverables. In regards to the discounts on future services, Hemo Tech has VSOE for selling prices, because the supplies are sold separately at...
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...Hemo Tech Case Study Liliana Buzoianu Ayers Keiser University ACG5075 Dr. Bedell May 26, 2013 Intro Bringing a new technology on the medical equipment market, Hemo Tech becomes known on the market by being the only company that is selling a new technology. The new technology is known as BIO-07, new medical equipment that’s innovating the previous model BIO-02 by improving considerably the blood collection process. Hemo Tech signed an exclusivity contract with Extract Co. through which Hemo is offering a large variety of services including, but not limited to supplies, screening and monitoring test services, having the main target of reducing contamination level. Based on the International Financial Reporting Standards, also known as IFRS, Hemo Tech is interested to find out what accounting standards the company needs to use in order to offer more accurate information regarding the deliverables. In the same time FASB (The Financial Accounting Standard Board) was adopted by Hemo Tech, n order to determine which of the products deliverables are or not. One thing to be mentioned is the fact that this new technology that Hemo Tech is using is approved in advance by FDA (Food and Drug Administration). VSOE (Vendor Specific Objective Evidence), TPE (third-party evidence) and ESP (the estimate selling price) become the main point of interest for Hemo Tech, which needs to figure out which of the techniques is the best at serving its needs. Analysis As O’Connor noticed,...
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...The transition from a Socialist approach to a free market approach and the rise of a new high-tech sector are two remarkable shifts that have occurred in the last two decades in Israel. In the face of these changes, human resource (HR) practitioners are currently expected to assume new roles, adopt different work values, and apply appropriate strategies. HR managers in the low-tech industry still adhere to traditional values and strategies, including a reliance on trade unions and an emphasis on job security and the employees’ years of work experience and seniority as key criteria for promotion. In the emerging high-tech sector, HR managers have adopted new values and developed new strategies, including human resource management programs, employee empowerment, higher salaries and better benefits, while placing an emphasis on employees’ talents and qualifications. Source: http://www.emeraldinsight.com/journals.htm/journals.htm?issn=01437720&volume=22&issue=3&articleid=848302&show=html&PHPSESSID=qj5kp1babsuadbfaj 47luam41 Recent changes in Israeli society and economy and their relation to Organizational Politics Over the past three decades, Israel has undergone significant economic, industrial and cultural transformations. These developments have shifted public values considerably and may indirectly affect OP and HR practices. For example, Sagie and Weisberg (2001) maintain that in recent years, Israeli society has gone from being ascetic...
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...CHINA BOOST FOR SENAI HI-TECH PARK Senai Hi-Tech Park, Malaysia's second high technology industrial park, got off to a promising start with investments of more than US$500 million (RM1.7 billion) from two companies in Johor. China-based EQ Solar Technology International Sdn Bhd plans to invest US$500 million to produce solar modules while leading industrial gases provider MOX-Linde Gases Sdn Bhd, through its initial outlay of RM60 million, plans to set up an industrial gases separation plant. Senai High Tech Park chief executive officer (CEO) Datuk Ahmad Shukri Tajudin said this shows that the park is ready to compete as another preferred location for hightechnology manufacturing, research and innovation activities. Located within Iskandar Malaysia, the park has drawn interest from investors in the US, Europe and China. "Interest is in various sectors including semiconductor industry and solar," he said at a media briefing. International Trade and Industry Minister Datuk Seri Mustapa Mohamed, witnessed the signing of the memorandum of understanding in Kuala Lumpur yesterday. "We're expecting a few more similar investments," Mustapa said, without disclosing details. Malaysia has so far attracted several global solar industry players like First Solar, Sunpower and Q-Cells. There are also several domestic investments in solar power projects in Selangor and Sabah. Mustapa hopes that the park will create more jobs, similar to what was achieved at the Kulim Hi-Tech Park in the north. The...
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...over the years. Guillermo Furniture Store Recommendation Analysis and Recommend Financial Decision The economy is weak, new competitors’ establishing a presents, Guillermo must tackle a tough decision, which is to become a furniture distributor or stay on the manufacturing side, or possibility do both. Guillermo understands that change is forth coming and he has to venture forward but the dilemma is what the best alternative is. First Guillermo must analysis the financial alternatives and establish which objective is beneficial for the company. The next step is to gather information and formulate a pro forma cash flow budget to analyze the projected earnings for the next five years for the company (University of Phoenix, 2007). Hi-Tech Option Guillermo established his wealth various years ago because of the low cost in labor along with an extraordinary location for manufacturing. The company’s success has held strong on those foundations until now. There are a few concerns for Guillermo that may cause the company to change the way it does...
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...strategy-oriented HR system case study 1. * Strategically required organizational outcomes: * Good products and good services. Products and services is always the most important thing for a manufacturing company. Siemens has become a world leader by diversifying into hi-tech products and services, it need to maintain this advantage and develop it even further to achieve more. * Going global and expand. Globalization gives big companies a chance to expand rapidly. Siemens has succeeded in going global but this is a long way, it still needs more expansion into more countries or areas that are not covered yet. * Positive brand image. A good company image is extraordinarily important to the company’s healthy development. Siemens needs to keep customers satisfied both with its products and services, which helps it to get more market share and expand even faster. * A good employee selection, training and compensation system. The company not just need to keep customers satisfied, it has to keep employees happy too. So that it can work more efficiently and effectively. * Required workforce competencies and behaviors: * Learning on a continuing basis. Siemens is in high-tech business so the nature decided that its employees need to learn new things every day. * Good teamwork. The ability to work with people is essential in such big corporation. Especially when it’s going global. * Mutual respect and appreciation of workforce diversity. Siemens...
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...DARA & SON PVT. LTD Rohini, Sec. 29, New Delhi Research Paper by Manish Bhatt and Prabhudas Lilladher ATTRACTIVE MIDCAPS AMONGST RECENT IPO ISSUES:- [pic]Tech Mahindra and GMR Infrastructure have once again raised interest in the IPO segment. While Tech Mahindra and GMR Infra are obvious choices experts are also bullish on Nectar Life sciences, Unity Infra, All cargo Global and…With over subscription of Voltamp Transformer recently experts give attractive midcap picks from this fraternity for the long-term. Future business model, sound managements, availability at prices below their issue price, attractive valuations, niche positioning within their industry and future growth are important reasons why investors should log on to these IPOs feel a bevy of experts Money control spoke with. Apart from that Keynote Capitals in its report titled ‘Attractive Recently Listed Midcap Stocks’ have mentioned names like Nectar Life sciences, Repro India, Talbros Automotive and K Sera. While a number of them are available at a substantial premium to their offer price, six of them are still quoting at a discount to their issue price. Everest Kanto looks pretty good at current levels for the long term. All cargo Global also looks good in the recently listed midcap IPOs. Both the companies are in a niche segment and have done quite well on the fundamentals post-listing. Everest Kanto ranks first as far as LPG cylinder manufacturing is concerned. It posted fairly...
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...NAME: Meghna Shrivastava STUDENT ID: c7080738 COURSE: B.A (HONS) International Business MODULE: Management of International Business MODULE TUTOR: Mr. Ashish Tripathi EXECUTIVE SUMMARY Club Mahindra holiday is a consumers service industry which is part of Mahindra group having infrastructure of US $ 14.4 million. Under Club Mahindra flagship Mahindra Holiday and Resorts India Ltd (MHRIL) was started in 1996 as a realty sector of Mahindra group brought up for bring values, reliabilities and trust and customer satisfaction. Club Mahindra has got an affiliation with RCI which consist of 60% of the service industry market share, which make Mahindra holiday timeshares largest holiday ownership brand in India. Apart from being a customer centric company club Mahindra performs various Corporate Social Responsibilities for the well fare of people, employees, its customers and environment. According to CESD, 2007 Tourism is becoming one of the largest business sector in the world showing 2005 receipt of international tourism reaching $6.82 trillion. Club Mahindra performs in service industry where revenue produced in 2008 by service industry was $4,028.6 billion showing CAGE OF 6.3% from 2004-08. (Datamonitor, 2009) Furthermore, club Mahindra perform or exist in environment where customers has the power to control the market. Whereas, large number of suppliers weakens them from leading, new entrants in service industry is very easy but the threat of substitutes and...
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... Born Global firms often possess unique resources and capabilities such as entrepreneurial orientation of the founders, innovation behind products and technology, accumulated knowledge of the founders and managers from previous work experience, and networking capabilities. Managers with a previous background of international strong activity will give to the company a more sure address to its business expansion, for this reason a high level of entrepreneurial orientation supports the firm´s ability to recognize and create opportunities at an early stage. It can be argued that Born Global firms are typically found in niche business areas where products are unique, and require high amount of research and development like the high tech business area. It is very important to invest in products with a short life cycle and high technology sectors are characterized by this necessity of a continued innovation which can protect those firms and products from any imitation. As for geographic locations of these Born Global firms, their headquarters can be found in various countries, such as the United States, United Kingdom, Switzerland… Rich and large countries give birth to Born...
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...Resource i.) R&D has 3 engineers ii.) Micrologic has 13 employees. iii.) Hilary De Leon hires people from only top 4 engineering schools. V. Social Responsibility Application i.) Encourage people to improve their lives. ii.) Give employment iii.) Payment of taxes to the government VI. Statement of the Problem How can Micrologic excel in Technological industry? VII. Statement of Objectives a. Long term To be the best in Research and Developing by having both Filipino and Foreign scientists and engineers. b. Short term To make sure that there would be a development In their support facilities in a year. VIII. SWOT Analysis A. Strengths i.) The company is known for their high-tech products with creative designs ii.) The company is both locally and internationally...
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...technology called Air Multiplier, this bladeless table fan generates smooth and uninterrupted airflow. It has many benefits that attract customers’ attention. For instance, since the structure of Dyson table fan is simply consisted of a circle which is used to generate airflow and an elliptical base which has switches. Therefore, it is very easy to clean because people do not need to take it apart as traditional ones before clean it. Also, because there are no blades, people will not hurt themselves when their hands are in the fan by accident. This is essentially important as many children hurt themselves by being cut by fan blades. Furthermore, the shape and looking of Dyson table fan are also reasons why people like it. It looks modern and high tech, and most importantly, it breaks the traditional idea of fans in people’s mind. The positioning of Dyson table fan is clear and specific. Firstly, they target on people who like modern style and working in office. The fan is small but efficient and also easy to clean for busy people. Then, housewives and families with children are their second target. Dyson focuses on safety and easy to clean while they are promoting their product to this group of people. The perceptions of consumers Dyson’s product are mainly vision and touch. As I mentioned above, on one hand, some people like it because of its modern looking color and appearance. On the other hand, some consumers like the airflow that it makes and feel comfortable. The motivation...
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...advantages in labor quality, labor supply and time zone would give them a leg up on their competition, even though both India and China have lower labor cost. By exploiting these advantages, they were able to grow at a rapid pace. By 2009, Globant had over 1500 employees and was generating three million dollars per month in revenue. Despite their success, Globant found themselves at a crossroads. For four years the founders pursued clients that needed IT expertise in anything under the broad spectrum of IT services. However, the management team recognized that Globant needed to target specific industries to remain competitive in the market. The team therefore, narrowed their scope to four very distinct market segments for further analysis: high-tech, telecom, travel and financial services industries. Globant recognized that their diversified client portfolio was spreading resources too thin, and top clients began choosing IT service partners that focused on a specific industry where they could demonstrate a deep and wide understanding of a particular sector of the market. In order to avoid becoming a marginalized player in the...
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...top 200. The combined market cap of the top 200 IT companies is 253499 crores as of APR 23 2009. Infosys topped the list in terms of the market cap though TCS tops the revenues list. Wipro and HCL followed the list. iFlex which is renamed to Oracle Financial Services is 5th in the list with a market cap of 7566 crores. Tech Mahindra has a market cap of 4049 crores and Satyam has a market cap of 3184 crores. Together they have a market cap of 7233 crores. This is around 300 crores less than Oracle Financial Services. The integrated company of Tech Mahindra + Satyam stands at 6th position. In all probability that will move further up as the financial situation of Satyam looks better than what the papers tell. Of the top 10 Indian IT stocks only Satyam is the most volatile stock and it can gain few percentage points and change the whole equation. (source) Top 200 IT companies in India by Market Cap : S.No | Companies | Market Cap in Crores | 1 | Infosys Tech | 83024.21 | 2 | Tata Consult | 55579.59 | 3 | Wipro | 45845.61 | 4 | HCL Techno. | 8580.78 | 5 | Oracle Finl. | 7566.75 | 6 | Mphasis | 4741.76 | 7 | Educomp Solu | 4485.72 | 8 | Tech Mahindr | 4049.96 | 9 | Sterling Int | 3495.03 | 10 | Satyam Comp | 3184.18 | 11 | Finan.Techno | 3076.69 | 12 | Patni Comp. | 1967.62 | 13 | HCL Infosys. | 1597.69 | 14 | Tulip Telec. | 1393.02 | 15 | Rolta (I) | 1334.11 | 16 | Moser-Baer | 1084.69 | 17 | Redington | 1013.48 | 18 | MindTree | 935.18...
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...surveillance unit of Israel Defense Force (IDF). Since I've advanced to management positions in a very early stage of my professional career (at the age of 19 I've already finished the IDF Technical Officers course and was positioned as a Team Leader commanding 8-10 network professionals and computer technicians), it was a natural step to continue my career on management positions in the industry after my release from the active duty at 1997. I started my civilian career as an Information Systems Manager at Mobile Solutions Ltd., a dynamic Ireland-based start-up company developing various hardware devices for mobile satellite antenna’s technology. During my military service I've come to realization that in order to be a successful manager in high-tech industry it isn't enough to have excellent technical expertise: in fact, I would say that technical capabilities aren't the most important ability of a technical manager. For instance, my team and another team in our military unit were competing about certain extremely interesting and well-funded technological project. The teams offered different technical...
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...Introduction Company Profile: Mahindra and Mahindra Limited is part of the US $7.1 billion Mahindra Group, one of India’s leading business houses. It was set up in 1945 as Mahindra & Mohammed. Later, the name was changed from ‘Mahindra & Mohammed’ to ‘Mahindra & Mahindra’ in 1948. From food to defence, Mahindra & Mahindra (M&M) keeps its businesses diverse. Sectors include Automotive, After-Market (pre-owned vehicles and spare parts), and Farm Equipment (FES). Its Automotive unit makes jeeps and SUVs, as well as commercial vehicles (with Navistar), three-wheeler utilitarian delivery and flatbed vehicles, and scooters and motorcycles. Mahindra Defence Systems (MDS) produces armoured vehicles and sea mines, while Mahindra Agribusiness exports fruits to Europe and Asia. M&M makes aircraft and related components, and is active in IT and financial services, steel processing, and infrastructure. Core Purpose: Indians are second to none in the world. The founders of our nation and of our company passionately believed this. We will prove them right by believing in ourselves and by making ourselves and by making Mahindra & Mahindra Ltd. known worldwide for the quality, durability and reliability of its products and services. QUALITY ASSUARANCE What is Quality? Quality is defined as the characteristics of a product/service that bears on its ability to satisfy the specified and implied needs. Quality may also be defined as fitness for use. So, in changing scenarios where...
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