...‘Decisions involving huge outlays of capital are almost always classic gut decisions: they involve risky, inherently ambiguous judgements between unclear alternatives.’ Do you agree? Justify your answer using decision-making theory and relevant examples from at least two industries. With the development of globalisation, numerous international business and investors come across decision-making every day, and sometimes need to discover solutions for high capital investment in different environments. Some people suggest that most of those decisions are generated out of top managers’ intuition to make vague directions in uncertain environments. This essay argues Managerial decision making consists of intuitive thinking and systematic thinking: both are important but more systematic thinking should be used particularly in decision making of huge capital outlays. This essay will demonstrate the argument by defining relationship among decision, information and environment; strengths and issues of gut decision (intuitive thinking), systematic thinking; in addition, intuitive and systematic thinking are supported by theories through historical and current approaches and industrial applications respectively. First of all, the availability of information influences outcome of decision making. “Decision” (Schermerhorn Jr, Davidson, Poole, Simon, Woods, and Chau 2011p.70), is to choose the most suitable way of sequence of activities. In management theory, Schermerhorn et al. (2011)...
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...HUTCHINSON-ESSAR(INDIA) ACQUISITION BY VODAFONE GROUP B Ayan Dutta Avik Mandal Gaurav Saha Nandita Paul Satarupa Pahari PGPIB(03) Globsyn Business School TABLE OF CONTENTS CHAPTER 1: INTRODUCTION 1.1 About Hutchinson 1.2 About Vodafone CHAPTER 2: PRESENT SCENARIO OF VODAFONE INDIA CHAPTER 3: VODAFONE-HUTCH ACQUISITION 3.1 Reason Behind Acquiring Hutch 3.2 Was It a Diversifying Strategy 3.3 Why Hutchinson Got Acquired By Vodafone 3.4 Why Target Was Chosen CHAPTER 4: COMPANY PORTFOLIO 4.1 What Is The Business 4.2 Who Are The Customers 4.3 What Are Their Demands 4.4 What Would Be The Possible solution For The Demand 4.5 Who Will Be The Appropriate People To Deliver The Solution . 4.6 Where Do They Get Them CHAPTER 5: ANALYSIS 5.1 Porter s 5 Forces Analysis 5.2 PEST Analysis 5.3 SWOT Analysis 5.4 McKenzie s 7 s Model 5.5 Value Chain CHAPTER 6: FINANCIAL ISSUES CHAPTER 7: HR ISSUES & CHALLENGES FACED 7.1 Work Culture 7.2 Vision 7.3 Past and Present Job Scenarios CHAPTER 8: BIBLIOGRAPHY .. . .. . . .. .. ... .. . .. . .. . .. .. . . ... . . .. .. .. .. ........... . .. Page | 2 CHAPTER 1: INTRODUCTION 1.1 Hutchinson-Essar 1.2 Vodafone Vodafone, based in the UK, was the world's largest mobile communications company by revenue. It operated under the brand name 'Vodafone'. The brand name 'Vodafone' comes from 'Voice data fone', reflecting the company's wish to provide voice and data services on the mobile phones. Vodafone operated in Europe, the Middle East, Africa, Asia Pacific, and the...
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...attention to enhancing customer experience and satisfaction. As experience is an essential component of customer value, good experience is the leverage to measure the worth of goods or services. That is to say, only good marketing strategies can defeat competitors. Hence, it is pertinent for enterprises to target the right market, set up effective marketing strategies and make marketing innovation through overall analysis of rivals, current enterprise marketing conditions and market needs and wants under the heated competition of automobile market. Recently, Hyundai KIA Automotive Group announced that Group’s global investment would be total 10.5 trillion, which re-established the highest investment record of the company. The new investment program will be mainly used in new energy-related Research & Development, and factory hardware facilities. In the next section, we will take KIA Motors as an example, and analyze its marketing mix in the past and present. The conclusion will present some useful suggestions regarding the use of marketing strategies in future. Discussion Analysis of KIA Marketing Mix Product In the 90s, KIA considered little about consumer demands, not to say consumer satisfaction. The company just tried to expand the scale and scope of business. Its products were lack of diversity. After the change of marketing strategy and making full use of...
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...National University of Singapore Lee Kuan Yew School of Public Policy PP5145 Political Economy of Reform Special Term 2014 – 2015 (as at 8 April 2015) (Tentative) Instructor: Office: Phone: Email: Website: YEE, (Henry) Wai-Hang, Ph.D. Li Ka Shing Building 02-03 6516 5832 sppywh@nus.edu.sg http://www.spp.nus.edu.sg/Faculty_Yee_Wai_Hang.aspx Class Hours: Office Hours: Monday 14:00 – 17:00; Thursday 14:00 – 17:00 By appointment Course Description Public managers need to master the skills of not only managing organizations but also managing projects, programs, and particularly larger-scale policy reforms. Good understanding of the political economy embedded in policy and administrative reforms are thus essential. This course examines the political-economic dynamics embedded in the reform process from an institutional perspective. It is a master–level course designed for practitioners in the field of public administration and public policy. It discusses strategies for achieving and enhancing reform outcomes. Theories and practices proposed by academics and practitioners will be drawn on as learning resources for the class. Class Format To achieve a high level of synergy and make the most out of our classroom meetings, I expect students to learn from both the instructor and one another in the class. Each of our class will be divided into 2 parts. In the first part, I will begin by giving a general introduction of the assigned readings. Then...
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...Judge the Risk by Portfolio When the investors put their money into the stock market, it means that they must take the risk of the stock market, because risk is one of the natural qualities of the stock market. One company easy to get a poor performance and its stocks will go down. Therefore, there will be no way to complete avoid risk, but judge it. In finance, risk is best judged in a portfolio context. Because the possibility that many companies gets serious performances, and their stock price go down at the same time is lower than for only one company. This essay will discuss that why the portfolio context is the best way to judge the risk in the finance market. The first part will introduce the basic theories for portfolios. The methods of measuring risks and value of the portfolio will be explained in the second part to demonstrate that why it is better select portfolios. The third part will give the example of family groupings on performance of portfolio selection in the Hong Kong stock market. The conclusion will be given at the end of the essay. Firstly, the theory of portfolio and the five suppositions of portfolio selection need to be explained before the following discussion of the value of portfolios. The article ‘Portfolio Selection’, which was issued on Journal of Finance in 1952 and the book ‘Portfolio Selection: Efficient Diversification of Investments’ which was published in 1959 was known as the opening if the modern portfolio theory. The author of these...
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...E-Leader Croatia 2011 Case Studies in Channels of Distribution Donald K. Hsu, PhD Associate Professor Division of Business Administration Dominican College Orangeburg, New York, USA Abstract Case studies were employed as research tools, for undergraduate and MBA students for 25+ years. The International Management course was taught in two classes at an undergraduate Business program. Channel of Distribution course was given at a MBA program. Real-world examples were utilized and applied in class whenever applicable. Students did final projects individually or in a team, by employing case studies via library and internet search. Class evaluations indicated that the case studies enhanced significantly their overall learning experience. Students rated the courses good to excellent. This paper gave the summary. Keyword: Case Studies, In-Class Team Assignment, Final Projects, International Management and Channels of Distribution Harvard University, Cranfield University (UK) and many other research institutions published case studies for 25 years. International Management and Channels Distribution were taught in an undergraduate business program and a MBA program respectively. Job market is very good. A quick search on Indeed (2011) yielded 5,850 jobs for international manager and 1,160 jobs for channels distribution. This search was done for Manhattan zip code 10001, and within a twenty-mile radius. In the down economy, managers and distributors are still...
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...------------------------------------------------- HSBC Holding plc (0005.HK) HSBC Holding plc is one of the biggest providing various banking and financial product and services. It was found in 1865 and listed in Hong Kong in 1988. 1) Dividend payout Year | DPS | DPS Growth | Actual paid DPS** | EPS | EPS Growth | Payout Ratio | 1997* | $0.277 | 25.91% | $0.277 | $0.69 | 13.11% | 40.14% | 1998* | $0.308 | 11.19% | $0.308 | $0.54 | -21.74% | 57.04% | 1999 | $0.340 | 10.39% | $0.340 | $0.65 | 20.37% | 52.31% | 2000 | $0.435 | 27.94% | $0.435 | $0.74 | 13.85% | 58.78% | 2001 | $0.480 | 10.34% | $0.480 | $0.54 | -27.03% | 88.89% | 2002 | $0.530 | 10.42% | $0.530 | $0.67 | 24.07% | 79.10% | 2003 | $0.600 | 13.21% | $0.600 | $0.84 | 25.37% | 71.43% | 2004 | $0.660 | 10.00% | $0.630 | $1.18 | 40.48% | 53.39% | 2005 | $0.730 | 10.61% | $0.690 | $1.36 | 15.25% | 50.74% | 2006 | $0.810 | 10.96% | $0.760 | $1.40 | 2.94% | 54.29% | 2007 | $0.900 | 11.11% | $0.870 | $1.65 | 17.86% | 52.73% | 2008 | $0.640 | -28.89% | $0.930 | $0.47 | -71.52% | 197.87% | 2009 | $0.340 | -46.88% | $0.340 | $0.34 | -27.66% | 100.00% | 2010 | $0.360 | 5.88% | $0.340 | $0.73 | 114.71% | 46.58% | 2011 | $0.410 | 13.89% | $0.390 | $0.92 | 26.03% | 42.39% | 2012 | $0.450 | 9.76% | $0.410 | $0.74 | -19.57% | 55.41% | (* In 1999, HBC conducted capital reorganization. For comparison, the figures in 1998 and 1997 have been...
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...HONG KONG POLYTECHNIC UNIVERSITY DEPARTMENT OF MANAGEMENT AND MARKETING MM 4711 BUSINESS TO BUSINESS MARKETING 2013/14 TERM 2 Morning Class LECTURER/TUTOR Lecturer:Dr. Thomas LEUNG- Associate Professor Office:M821 Li Ka Shing Building (The Main Building) Tel no:(852) 2766 7106 Email: thomas.leung@polyu.edu.hk UNIT AIM This unit is to provide students with an understanding of the operations in the business to business market. All discussions will be evolved around the interactions between a product/service provider (seller) and a product/service receiver (buyer). Management (internal dynamics) and marketing (Sales/Costs/Profits etc) problems within the business market will be systematically synthesised, analysed, and managed. LEARNING OUTCOMES Upon completion of this unit, students should be able to have: 1. An understanding of the scope of business market especially the differences between Consumer and Business to Business Market; 2. An appreciation of management, marketing, costs etc problems emerges in an organizational context; 3. An ability to solve problems arise in a business environment;& 4. A concept in business planning of marketing activities in a business marketing environment. EVALUATION 1 small case presentation (no written report)10.0% 1 bigger case presentation and written report 15.0% 1 group project with individual component25.0% 1 final Examination50.0% 100% LEARNING APPROACH 1. The lecturer...
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...MANAGEMENT DISCUSSION AND ANALYSIS Performance Review Corporate Debt and Financial Conditions Treasury Policies Investment Properties Valuations Financial Assets Held for Trading – Trading Securities Development Programmes Disposal and Dilution of Interest Management Contracts for Hotels Owned by Third Parties 30 30 Prospects Human Resources 185 186 90 92 85 86 87 32 33 62 81 83 CORPORATE SOCIAL RESPONSIBILITY REPORT OF THE DIRECTORS CORPORATE GOVERNANCE REPORT INDEPENDENT AUDITOR’S REPORT CONSOLIDATED STATEMENT OF FINANCIAL POSITION STATEMENT OF FINANCIAL POSITION CONSOLIDATED INCOME STATEMENT CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME 88 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY CONSOLIDATED CASH FLOW STATEMENT NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FIVE YEAR SUMMARY ABBREVIATIONS CORPORATE INFORMATION BOARD OF DIRECTORS Executive Directors Mr KUOK Khoon Ean (Chairman and CEO) Mr LUI Man Shing (Deputy Chairman) Mr Madhu Rama Chandra RAO (CFO) Mr Gregory Allan DOGAN (COO) Non-executive Directors Mr HO Kian Guan Mr Roberto V ONGPIN Mr HO Kian Hock (alternate to Mr HO Kian Guan) Independent Non-executive Directors Mr Alexander Reid HAMILTON Mr Timothy David DATTELS Mr WONG Kai Man Mr Michael Wing-Nin CHIU Professor LI Kwok Cheung Arthur EXECUTIVE COMMITTEE Mr KUOK Khoon Ean (chairman) Mr LUI Man Shing Mr Madhu Rama Chandra RAO REMUNERATION COMMITTEE Mr WONG Kai Man (chairman) Mr KUOK Khoon Ean Mr Alexander Reid HAMILTON Professor LI Kwok Cheung Arthur NOMINATION...
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...HKU701 JIANGYONG LU ZHIGANG TAO EBAY’S STRATEGY IN CHINA: ALLIANCE OR ACQUISITION In December 2006, eBay Inc., a US company that offered e-commerce, e-payments and internet communication services globally, announced its plan to form a joint venture with China-based online portal and wireless operator, TOM Online, in which eBay would have 49% ownership.1 The move reflected the increasing difficulties foreign internet companies were facing in their attempts to snatch a share of the Chinese market amid fierce competition and a changing market environment. eBay first set foot in China in 2002 by acquiring 33% interest in EachNet—a domestic online auction company, followed by a full acquisition in 2003.2,3 In 2005, eBay acquired Skype4 to expand into the online communication sector. While Skype was a wholly owned subsidiary of eBay globally, it operated indirectly in China via a joint venture with TOM Online. Due to this existing relationship between the two companies,5 TOM Online seemed to be a natural choice of partner for eBay’s subsequent decision with regards to its online marketplace business. Recognising TOM Online’s local knowledge and political connections, eBay believed that a joint venture would benefit its failing business in China and help the company further develop its Chinese market.6 Some analysts questioned whether political connections alone were the answer and suggested that eBay focus on its product and service offerings.7 Vara, V. and Chao, L. (20 December...
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...Under “Western Eyes”: The Personal Odyssey of Huang Fei-Hong in Once upon a Time in China by Tony Williams Rather than being read in exclusively postmodernist terms, Tsui Hark’s series Once upon a Time in China may be understood as a new version of a Hong Kong cinematic discourse involving historical “interflow.” It deals with dispersion, China’s relationship to the outside world, and strategic forms of reintegration designed to strengthen national identity. In Sammo Hung’s Wong Fei Hung Ji Saam (West Territory Mighty Lion/Once upon a Time in China and America, 1997), Master Huang Fei-hong (Jet Li Linjie) travels to the Wild West to visit an American branch of the Po Chi Lam Clinic set up by his student Sol. During the journey, he bangs his head against a rock in a turbulent stream and loses his memory. He is rescued by a friendly tribe of Indians. Moments before we see Huang again, an Indian emerges from a tepee proudly announcing the birth of a child. When Huang recovers, he stumbles around in the Indian camp wearing an Indian costume, and his loose unbraided hair is flowing like an Indian’s. After using his martial arts prowess to defeat a hostile Indian, who ironically mouths racist American platitudes against the outsider—”His clothing is different, his skin color is different, his speech is different”—Huang is adopted into the tribe and given the name “Yellow.” Before this, he attempts to remember events of the recent past. But his vague recollections...
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...The World Is Flat Flattener Information Technology Essay The World Is Flat is an international bestselling book by Thomas Friedman that analyzes globalization, primarily in the early 21st century. The title is a metaphor for viewing the world as a level playing field in terms of commerce, where all competitors have an equal opportunity. Globalization became more prominent during the last decades. Friedman argues that globalization made the world smaller and flatter, allowing all countries to take chance of the available opportunities equally. As Friedman describes in “The World is Flat” there are three eras of globalization and ten flatteners which made the world smaller, making it easier to communicate and share our knowledge. This paper deals with the flattener number 2 i.e.; “When the NetScape went Public” and associated developments after 2003 till date. Background Thomas Lauren Friedman is an American journalist, columnist and author and has won the Pulitzer Prize three times. In his famous book “The World is Flat” he identifies three eras of globalization. The first era, called "Globalization 1.0",between the years 1492, when Columbus set out to discover a new trade route to the New World, and 1800, made the world fall in size from large to medium. During this period, the strength of a country was based on the number of horsepower or the number of steam engines owned, compared with other countries. The second period - "Globalization 2.0", between the years 1800 and...
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...EXECUTIVE SUMMARY This project is based on telecom sector as the telecom sector is growing at a very good pace. The telecom company which I have selected for my project is VODAFONE. The reason behind selecting Vodafone is its various schemes in product & service category & also its future policies where the company is coming out with lots of new & affordable schemes for its customers. Vodafone is a UK based company & has various branches all over the world. The company was started in the mid 70’s & since then it has never looked back. The products & services offered by Vodafone is of a very high quality & also at an affordable rates. They have various plans for various customers depending on the status of the customers. Vodafone has various product categories ranging from chargers, internet, mobile phones, headsets & headphones & many more. In the service category it has internet services which include broadband internet & PC internet services. Apart from the products & services normally offered they also came out with some interesting & unique product like the I phone. This was one of the biggest events in the history of Indian telecom industry. The phones were available at around Rs. 32000-36000 which has a unique feature called as 3G system. Vodafone also came out with cell phones for the poor which was a part of their social responsibility toward the poor class people of the society. The phones were available in the range of 1000 Rs -1500 Rs which was one of the...
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...Bloodlines of Illuminati by: Fritz Springmeier, 1995 Introduction: I am pleased & honored to present this book to those in the world who love the truth. This is a book for lovers of the Truth. This is a book for those who are already familiar with my past writings. An Illuminati Grand Master once said that the world is a stage and we are all actors. Of course this was not an original thought, but it certainly is a way of describing the Illuminati view of how the world works. The people of the world are an audience to which the Illuminati entertain with propaganda. Just one of the thousands of recent examples of this type of acting done for the public was President Bill Clinton’s 1995 State of the Union address. The speech was designed to push all of the warm fuzzy buttons of his listening audience that he could. All the green lights for acceptance were systematically pushed by the President’s speech with the help of a controlled congressional audience. The truth on the other hand doesn’t always tickle the ear and warm the ego of its listeners. The light of truth in this book will be too bright for some people who will want to return to the safe comfort of their darkness. I am not a conspiracy theorist. I deal with real facts, not theory. Some of the people I write about, I have met. Some of the people I expose are alive and very dangerous. The darkness has never liked the light. Yet, many of the secrets of the Illuminati are locked up tightly simply because secrecy is a way...
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...-1- By selection of the company ‘PACIFIC BANGLADESH TELECOM LIMITED(PBTL)’, we have the intention to: Over view the mobile service sector of Bangladesh. Present the background of the company. Identify the Strength, Weakness, Opportunity And Threat of the company. Identify their target market Develop the means of market research Set up the objectives and goal for the company Develop the strategy to accomplish their objectives and goal, set by us Highlight the marketing tactics to archive the pre determined objectives Do the projections with concern to costs, revenue and budgeting information for three years Draw an over all picture about the effectiveness of the implementation and controlling tools. -2- -3- Bangladesh is a country where there are lots of people has a capability to use mobile service getting faster their life. As our population is very large Bangladesh can be a very good market. At present, middle class people are growing very fast and many mobile service companies are playing a great role to serve this large number middle class people. CityCell is one of the pioneers to serve the middle class people with high quality mobile service with fastest communication. Objective of the Study: Through this study our objective was to learn how to put a product(service) into the market with the help of different marketing strategy and to implement our knowledge of the marketing system in a real world scenario...
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