...Name: Yu Liu Student Number: 608338 Subject Number: MGMT90140 Subject Name: Management Competencies Lecture day/time (Monday/ Tuesday/Wednesday/ Thursday) : Wednesday Assignment number: Final profile Word Count: 2680 IMPORTANT: Make and keep a copy of all assignments before submitting them for assessment; Marked essays will be returned in seminars unless your lecturer makes other arrangements. Plagiarism Plagiarism is the act of representing as one's own original work the creative works of another, without appropriate acknowledgment of the author or source. Collusion Collusion is the presentation by a student of an assignment as his or her own which is in fact the result in whole or in part of unauthorised collaboration with another person or persons. Collusion involves the cooperation of two or more students in plagiarism or other forms of academic misconduct. Both collusion and plagiarism can occur in group work. For examples of plagiarism, collusion and academic misconduct in group work please see the University’s policy on Academic Honesty and Plagiarism: http://academichonesty.unimelb.edu.au Plagiarism and collusion constitute cheating. Disciplinary action will be taken against students who engage in plagiarism and collusion as outlined in University policy. Proven involvement in plagiarism or collusion may be recorded on my academic file in accordance with Statute 13.1.18. STUDENT DECLARATION Please tick to indicate that you understand the following statements: I declare...
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...whether the joint venture should pay a commission to a potential customers purchasing agent in order to gain a larger piece of the market value in China. Liu’s role is not that of sales manager or HR administrator. His job is to be translator between the two firms, to explain the perspective and reasoning of the Germans in terms that his Chinese colleagues can understand, and conversely, explain the minutae of Chinese business in way that resonates with the German head office. Liu must be able to sell the decisions and policies of the German parent company back to the employee in China. Simply saying to employees that they are a part of global company is meaningless when many of them lack of overseas experience to give context to this statement. Liu must frame the company policies in terms that have meaning to the local Chinese employees. Almond should focus on gaining target customers such as large international firm that do not go after companies that insist on bribes and commissions. Liu plays a major role of standardized processes in getting the company succeed. The company has been succeeding huge parts in both Europe and the United States using their implemented process. Those processes however are still unfamiliar to the Chinese. Almond needs to be firm in the way by setting their standards for safety and ethics. The result may not achieve or defined in a short term period but it will...
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...Julia Reaves Professor Tina Crafton MLA 1 17 February 2014 Communication in an Assumptive World In relation to politics, religion, social class or any number of categories, humanity has been compartmentalizing and in some cases exiling each other based on numerous cultural differences and classifications. For millennia, millions of humans lived and died seeing and interacting with only those geographically nearby. Mankind was, as a whole, a species organized by relatively low-population “tribes,” each with their own language, culture and societal mores. Clashes between societies based on cultural differences became evident as nations stretched further in the pursuit of conquest, with far-traveling conquerors arriving on the shores of the “savage” natives, and the misunderstandings that disrupted native life in the interest of the expansion of more “civilized” establishments. Planned or not, connected people living in the world today are going to have to face the issues Dean Barlund and Amy Tan chronicled due to the world-wide nature of the internet and the inherent differences of the connected cultures. Dean Barnlund explains in his essay the assumptive world in which we live today. He foretold the cultural difficulties that he saw to be an issue in communication; globally and locally. He described the presumptive perceptions humans have toward each other. Each culture is subject to their own way of living. He explains, “It is the differences in meaning, far more than mere...
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...International Business Strategy II 1. Liu Shu 6509037 Introduction Google and Apple are giants in technology industry. These two companies provide innovate products or service and have unique organizational structure and culture. Under the increasing pressure of cost reduction and local responsiveness caused by globalization development, both Google and Apple are transforming into transnational organizations. This report will critically evaluate the comparative transnational effectiveness of Google and Apple in terms of motivation means and mentalities, layers of competitiveness, across boundaries management and corporation social responsiveness (CSR). 2. Motivations Means and Mentalities Initial incentives of Apple and Google expansion were different because of their distinct business focuses. Apple generates its profits by selling cutting-edge electronic devices, whereas Google even though has its own products such as some newly invented wearable devices, its benefit basically comes from their advertising. Therefore, Google do not have to secure key supply, and access to low-cost market. Nevertheless, seeking boarder market seems to be very important for both of these to enterprises. Moreover, the emerging motivations for Google and Apple are quite similar. After they began to expand, the forces which triggered the expansion in the first place, may turn into secondary when they make emerging global...
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...Personal Finance Plan Yuan Liu May 1st 2013 Project Name: Personal finance plan Planer: Yuan Liu Address: 807 Walters Street APT 147, Lake Charles, LA, USA Zip code: 70607 Cell phone: (843)743-4884 CONTENTS Plan Summary 4-5 Chapter 1 Personal Condition and Finance Goal Section 1.1 Basic Information 6 Section 1.2 Finance Status 6 Section 1.3 Finance Goal 8 Chapter 2 Personal Finance Status analysis Section 2.1 Family Assets Structure Analysis 9 Section 2.2 Family Financial Ratio Analysis 9 Section 2.3 Family Financial Features Analysis 10 Chapter 3 Financial Plan Section 3.1 The Basic Assumptions of Financial Plan 11 Section 3.2 Financial Advice 11 Plan Summary Financial management is a kind of life attitude, also a good living habits and enjoyable process of life. This financial plan detailedly analyzes the my family and my personal situation, financial information, and financial needs, on this basis, combined with the family members’lives and occupational characteristics, I have made the consumption and...
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...Valuation and Assessment for the PepsiCo Part1. Macro economic factors and Industry Analysis In recent year, PepsiCo was in the extraordinary complicated economic environment. Economic environment can have a significant impact on PepsiCo. The economic factors such as Gross Domestic Product (GDP), interest rates, high inflation rate and commodity price may affect the PepsiCo current and future performance in large extend. First, the increase of GDP affects the sales of PepsiCo. Pepsi is the world second largest food and beverage business, which sold products in more than 200 countries. In America, the GDP presents a slowly but stable increasing trend, the GDP growth rates were affected, and also influenced the sales of Pepsi America. According to the table 1, it can be seen that the core net revenue has increased 14 percent between 2010 and 2011. In addition, it was estimated that approximately 47 percent net revenue comes from outside the United States. Although most developing countries were suffered from global financial crisis, the GDP growth rates still keep a robust trend. For example, in China, the GDP growth was around 9.5 percent during 2010 to 2012. Therefore, PepsiCo in 2010, the revenue outside the America increased approximately 30 percent, which considerable above the global real GDP growth rate. Secondly, the increase of inflation will affect the profits of PepsiCo. The whole world’s inflation rates have increased in recent year and will continually rise...
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...The article, Google Effects on Memory: Cognitive Consequences of Having Information at Our Fingertips, by Betsy Sparrow, Jenny Liu, and Daniel Wagner, examines how the Internet has become a form of transactive memory and how people rely on it to answer questions that are unknown to them. The explicit hypothesis for these experiments was when faced with difficult questions, are people inclined to look to the internet for the solution and what will they remember, “what the answer is” or “where they found the answer”? (Sparrow et al., 2001) The rationale for this experiment seems pretty reasonable due to the fact that the Internet plays a significant role in everyone’s live on a daily basis. The experiment also is both scientifically and medically...
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...Halmstad School of Business and Engineering Rufei He & Jianchao Liu (2010) Barriers of Cross Cultural Communication in Multinational Firms --- A Case Study of Swedish Company and its Subsidiary in China Abstract In times of rapid growth, both in terms of economic development and globalization, an increasing number of firms extend their businesses abroad. A subsequent challenge of this development is the managerial implications of cross-cultural management. This study employs a qualitative approach in a single case study of Swedish company and its subsidiary in China. After reviewing the previous studies, the authors summarize the differences of management style, staff behaviors and communication system in different culture context and find the barriers of cross cultural communication in multinational firms. The findings of this study indicate that the barriers of communication come from the national culture’s influence on the work place and behaviors of people with different identity. Moreover, culture also influences people’s way of thinking and behaving and result in different understandings toward vision and purposes of firms. Key words: cross cultural, communication, multinational firms, management style, staff behavior Prelude It is 9:00 a.m. on Monday in Sweden. The Technical product manager of company X sent an email about the new design of the product to its subsidiary company in China. He would like to have a production ready model of the new design by...
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...Employee Turnover at Academy Allergy Asthma & Sinus Center By Neil Patel doctorneil@me.com MGMT 591: Leadership and Organizational Behavior Professor Hallcom Aug. 20, 2014 Introduction: The Academy Allergy Asthma & Sinus Center located in Pueblo, Colorado. I have been working there on and off for the last 15 years of my life in various roles. My father is an allergist there and has been helping patients in Southern Colorado with asthma, chronic cough, wheezing, food allergies, drug reactions, reaction to insects, hives, and rashes. My father trained at National Jewish Hospital in Allergy Asthma Immunology and finished his fellowship and set out to have a little piece of his American dream, a private solo practice. My father started the clinic in Pueblo in the 1980’s and slowly opened satellite clinics in Colorado Springs, Canon City, La Junta and Alamosa. Currently has one other physician, and a physician assistant working with him, with a support staff of roughly 30 employees. The support staff includes two receptionists, two insurance clerks, one transcriptionist, one marketing paid intern and approximately 20 nurses. The market segment that this clinic caters to is lower-middle class, and middle class patients from the blue-collar town of Pueblo, CO. Most of these patients have Medicaid insurance. Patients come in as walk-ins many times without any prior appointments. Sometimes wait times can be longer than usual if many patients walk...
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...Executive Summary XO Group Inc. is an internet based lifestage media company. XO Group has four flagship brands and each brand is specific to a particular market. The Knot and Wedding Channel are focused on the wedding industry. The Nest is dedicated to the home environment. The Bump is focused on family planning. XO Group provides services to couples who seek advice and information on planning lives together; from the wedding to their first baby and everything in between. XO Group’s professional staff ensures goals are being met and customers are satisfied. Throughout the company’s life, XO Group continually pursues new opportunities to stay ahead of their competitors and hold their place at the top of the lifestage media industry. Table of Contents Page No. | Executive Summary………………………………………………………………. | 3 | Table of Contents…………………………………………………………………. | 4 | List of Tables……………………………………………………………………... | 6 | List of Figures…………………………………………………………………….. | 7 | Section 1: History of Company………………………………………………….... | 8 | The Beginning…………………………………………………………………. Getting Bigger…………………………………………………………………. The Nest………………………………………………………………………... Merging Two Companies……………………………………………………… Stepping Into The Baby Market……………………………………………….. XO Group Inc.…………………………………………………………………. | 8...
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...Group 5 | Apollo Shoes Case Study | Parts 1 - 4 | | Brendan Fitzpatrick, Hui Liu, Yingqi Liu, Noushin Mousavi, Timothy Ryan & Pei Yan | 10/1/2013 | | Table of Contents Part 1: Staffing Assignment 2 Part 2: Audit Risk 2 Inherent Risk 2 Control Risk 3 Audit Risk Conclusion 4 Part 3: Materiality 4 Part 4: Analytical Review 4 Part 1: Staffing Assignment After looking over the preliminary work papers regarding the audit for the client, Apollo Shoes (Apollo), it is evident that we will require the help of industry specialists to complete our audit. First off, we will need a tax expert to come in and help with the audit. Our audit team has some experience with tax, but nothing past a basic level. Due to this, a tax expert will need to be brought in to audit Apollo’s tax documents. We will also require the assistance of a manufacturing expert, preferably somebody with experience in the shoe industry. Apollo recently started to manufacture some of their products in house and this will be the first time the manufacturing department will be audited. We need somebody, with knowledge of accounting for manufacturing operations, to help audit the manufacturing branch. In mid-2010, Apollo implemented a new computer system to aid the business. Due to this, we need to bring in an IT specialist. Our partner Mr. Anderson is extremely unfamiliar with the computing process, so it will benefit not just this audit, but our firm as a whole to bring in an...
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...Analysis of Financial Problem for Chinese Small to Medium Sized Companies Abstract In the recent years, small to medium sized companies (SMEs) play an important role in most countries over the world. It has been a vital policy issue for governments to deal with these companies to increase development of economy. The financial difficulties faced by SMEs have restricted SMEs’ survival and development. SMEs exist a series of financial problems. This article focus on how to obtain effective financial source and dealing with the difficulties in raising finance for Chinese SMEs. Key words: Small and medium-sized Companies (SMEs); Financing. Introduction SMEs are the necessary power for economy growth. As Beck and Demirguc-Kunt (2005, p2932) said that there was robust partial connection between the importance of SMEs in manufacturing and economic development. According to Ayyagari (2007), formal SMEs contribute to 50% of GDP on average in developing countries and World Bank views SMEs as a core element in developing economy and employment. In China, the number of registered SMEs exceeds 40 million, accounting for more than 99 per cent of enterprises. As a private sector, SME has become a driving force since the economy began to recover in 1978 (Fan, 2007). And it makes up more than 70 percept of the GDP. According to Brookfield, SMEs can be regarded as unquoted small businesses and a medium for self-employment of the owners that are organized by few individuals, typically a family...
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...For exclusive use at University of Technology Sydney, 2015 S w W13017 BEIERSDORF AG: EXPANDING NIVEA’S GLOBAL REACH1 Vanessa C. Hasse wrote this case under the supervision of Professor Paul W. Beamish solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. Richard Ivey School of Business Foundation prohibits any form of reproduction, storage or transmission without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Richard Ivey School of Business Foundation, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2013, Richard Ivey School of Business Foundation Version: 2013-03-04 On April 26, 2012, Stefan F. Heidenreich walked into the conference center in Hamburg, Germany, for Beiersdorf’s annual stockholder meeting. There, he would officially be introduced as the new chief executive of the NIVEA producer and take the reins in a time of transition and complex challenges. His predecessor, Thomas-Bernd Quaas, was to give his farewell speech in front of 800 shareholders. Quaas had been the...
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...Declared Word Count: ____1492________ Asymmetric Information and Its impact upon the Market Function Introduction Financial market functioning is based on certain fundamentals and technical principles. Information about the market scenarios and the background activities are stated as the fundamental aspects of the financial market movements. If a deal is being carried out between two entities and one entity possesses additive information over another then this scenario reflects the actualization of an unfair financial transaction. The possession of additive information by one entity over another in the financial market is stated as information asymmetry or asymmetric information (Hughes, Liu and Liu, 2007). The current discussion includes the overall assessment of various theories that had been presented over the period of time and their practical application into the financial market in context of asymmetric information. In addition, the discussions carried out in the current essay also elaborate the impact of asymmetric information over the financial activities that are carried out in the financial markets. Asymmetric Information and Its impact upon the Market Function In reference to economics as well as to that of contract theory, the concept of asymmetric information reflects the view of an unfair advantage of one entity over another entity in context of information regarding...
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...SKYPE In the hands of eBay, Silver Lake, and Microsoft Larry Fan, Aly Kassim-Lakha, Betty Liu, Cristina Peruyera, and Kimberly Yao December 12th, 2014 Professor Emilie Feldman MGMT 249 Fan, Kassim-Lahka, Liu, Peruyera & Yao | MGMT 249 Executive Summary Skype was founded to build and provide a telecommunications application, and despite many changes in ownership, its core business has not drastically changed over the years. Over the past decade, Skype has seemingly thrived to varying degrees under the leadership of eBay, Silver Lake Partners, and now Microsoft. The different visions each acquirer had for Skype and its integration made all the difference in Skype’s value at each stage. In the following paper, we will investigate how each of the three companies chose to acquire, integrate, oversee, and potentially divest Skype, and thus unlocking or creating value through the process. By analyzing information databases and news archives regarding Skype as well as utilizing course frameworks and scholarly papers discussing merger and acquisitions, we will argue that Microsoft has been more successful in integrating Skype than eBay has, though Skype’s long-term success in the hands of Microsoft remains uncertain. In addition, Silver Lake Partners was able to unlock value in Skype using a different set of perspectives as a financial acquirer. Throughout it all, Skype has continued to innovate and provide free services to millions of users globally. Introduction In 2002...
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