...Executive Summary: New Benefit plan for Huge Computer Company In response to your request, our team has evaluated and integrated the benefit package and retirement plans for the newly merged Huge Computer Company. The following report will compare key features of each plan while making observations and recommendations on merging the two plans. Key Issues: • Evaluating and blending of two very different organizations into one. • Transition and new plan - taking into consideration the wide age range and corporate cultures of the two employee groups, especially the software engineers. • Different focuses – younger CC software engineers thriving in a casual environment focusing on high creativity and innovation; older, grounded, and formal individuals from HC. Research Method: The Primary Research method was interviews of the HR managers and departmental managers of both companies. Each interviewee was asked for their assessment of how their current programs meet their respective needs and what the programs lacked; their perceptions of the other company’s plans; and what their personal key areas of concern were in regards to the implementation of a new benefits plan. Results: Benefit Description Importance For HC Importance For CC Recommended for merged plan Choice in Health Ins. Very High Low See Below 401k/IRA options Very High Low See Below Stock Options - High See Below Life Insurance High Low See Below Dental & Vision High High See Below Flex...
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...media that is spread all over the world; push it to be one of fastest growing industry. The demand for the animation is increasing from the emerging number of cables and satellite TV and the popularity of The Internet. In addition, in the past, the target market of the animation industry was just kids, but now, it expands market to cover all ages of customers. The companies can be range from a big company such as Walt Disney to an individual artist with a PC. The trend of the industry has changed from drawing and photographs, which is labor-intensive, to using computer technology in order to create the realistic and higher quality pictures. However, producing the animation is still labor intensive and take a long time, this push the cost of production to be high. Therefore, now we see the trend of outsourcing the production from North America to Asia Pacific area, which has a lower cost, high quality computer animation production, and lower cost. Walt Disney Company Overview Walt Disney is one of the leading companies in the world that provides entertainment experience since its founding in 1923. Walt Disney Company and its subsidiaries and partner have four business segments, which are media networks, parks and resorts, studio entertainment, and consumer products. The Walt Disney studio, which is the first segment of Walt Disney since its foundation, produces animated features and live-action motion pictures. The Walt Disney studio is not only produces motion pictures, but...
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...may respond to these changes. Increased environmental awareness is an ever present sociocultural trend that we can see every day. The opportunity and encouragement to recycle is seen everywhere from our homes to recycle-only trash cans on the streets. This benefit to our Earth has created challenges for companies. Sustainability has become a huge issue and companies have been required to decrease their carbon footprint (Wheelen & Hunger, 2010) by reducing emissions and offering recyclable products. The expanding seniors market has begun to have an enormous change on our society as well. As the population of senior citizens begins to skyrocket, companies must alter their strategic plans to cater to the needs of this growing segment of society. Larger signs, better lighting in restaurants, more seats in stores and increased accessibility are just a few things that corporations must prepare to have in place to accommodate the needs of the elderly in the next few years. (Wheelen & Hunger, 2010) Additionally, healthcare institutions must prepare for increased patient populations. Another important sociocultural trend is changing pace and location of life. Increased technology and the merging of personal computers with the communication and entertainment industries has caused a spike in telecommuting, allowing people to leave urban areas and move to small towns without hindering their ability to work (Wheelen & Hunger, 2010). A change in household composition has drastically...
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...IMPACT OF 3D PRINTING ON THE FIELD OF MECHANICAL ENGINEERING Name: Institution: Introduction 3D printing is the procedure of creating an objective material from a three-dimensional digital replica. Characteristically, this is done by laying down vast succeeding thin layers of a material (3-D printing: additive manufacturing, 2015). To print a 3D object, the manufacturer needs to employ a 3D computer-aided design. Consequently, this report paper shall attempt to look at the impact of 3D printing on the field of mechanical engineering during the next couple of years. Body Engineering practice is the technological activities that guarantee an organization or a company create products of the needed eminence as anticipated (ISPE Good Practice Guide: Good Engineering Practice, 2015). In the current periods, 3D printing has truly started to attract the thoughts of the people. 3D printings are also prompting an alteration concerning the procedures in which diminutive businesses, as well as industry heavyweights, construct and plan their products. Consequently, this is beginning to be reflected in the present engineering fields. 3D printing makes it probable to create objects with many multifaceted structures than conventional manufacturing techniques. Thus, in the field of mechanical...
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...2) explain the current situation of the organization in the market, 3) conduct a SWOT analysis to determine what areas offer opportunities for change, 4) select three areas from the SWOT analysis and explain why the areas chosen are essential to the strategic plan, and 5) explain the method to measure the success of the strategic plan. The company that I chose to create a strategic plan for is going to be for Dell. With all this said let’s get started with Dell’s company overview. Dell came about in 1984, which is about 29 years ago. Their goal since they started was to make customized computers and have them delivered directly to the customer’s door. This company designs, manufactures, produces, promotes, sells, customizes, and presents amazing services to all over the world. They also offer its business making software, smart phones, peripherals, servers, mobile workstations, networking server optimizations, and data storage capabilities. Dell’s company employs more than 98,000 employees. Dell started with $1,000 in 1984 and their stock went up 13,5000% in the last 25 years (Dell, (2014). Dell reached their goal in 2011 by merging two brands to promote a better line of products which is where Alienware Systems came in. This system opened up opportunities for the gaming industry and the Perot system that assists with the medical database. Dell receives at least half of its revenue from outside the United States every year (Dell, (2014). The Just In Time method was...
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...Title of Article Davis, K. L. (2014, Sep 15). Hospital Mergers Can Lower Costs and Improve Medical Care; stand-alone hospitals have too few patients to thrive in the new era of population health management. Wall Street Journal Retrieved from http://0search.proquest.com.leopac.ulv.edu/docview/1562020216?accountid=25355 Summary U.S Healthcare expenditures are too high - nearly $9000 per capita. With healthcare cost rising rapidly, a change to how we approach healthcare systems has to be reviewed. Dr. Davis, the writer of this article makes the point that as times have passed; due to the higher cost of care, a huge opportunity for hospital mergers to happen is needed in order to continue to improve and drive higher quality in care and more efficiency. Currently the fee for service model of healthcare is transforming into the population management model of healthcare. Most hospitals don't mitigate risk effectively, most not keenly aware of the population they serve as it changes, are not able to serve the populations. In some cases some hospitals do not offer a wide range of services to a large population and thus manage risk poorly and drive up post acute cost and are not able to manage patients who are high utilizers of care services. As these hospitals work and are currently dependent on using the current fee for service model, which incentivizes physicians to over utilize resources to treat illnesses, it does not support or help maintain patients in good health...
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...base, an aspect that guarantees economic growth. This has been attained by investing heavily in current content that distinguish and enhance the goods and services offered, hence venturing into new market environs. Moreover, the paper evaluates some of the problems the company grapples with, such as slow global financial growth and new entrants into the market. Additionally, the document presents proposals on the areas of company approaches that should be enhanced. Introduction Reed Elsevier is touted as the best functioning international organization. It is listed at position 64 in the league of FTSE 100 organizations and has a market capital of 6.34b. Reed Elsevier is predominantly a research and publishing entity that deals with technological advancement, legal issues, risks and mitigations, healthcare and commercial areas. It consists of Reed Elsevier NV as well as Reed Elsevier PLC, forming a twofold listed entity. With its international presence, the company’s main goal is to offer information, research, and data analysis to its wide clientele base globally. The organization is online based, and offers information particularly to its registered clients. The company has a profound business model that ensures it satisfies client needs. Most of the company’s clients deal in research, legal issues, and technological innovation, thus making it a business and educational entity. Challenges facing Reed...
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...Ford Motor Company – Case Study Jason Austin Denine Rood Jeanne Sands Like apple pie and a summer baseball game, Ford Motor Company has come to symbolize America, the land of opportunity. This America is a place where a person with scarcely any means can take little more than an idea and transform it into one of the most successful companies in the world. This is the story of Henry Ford and the Ford Motor Company. Consider the following quote from the Ford Web site. Ford Motor Company entered the business world on June 16, 1903, when Henry Ford and 11 business associates signed the company's articles of incorporation. With $28,000 in cash, the pioneering industrialists gave birth to what was to become one of the world's largest corporations. Few companies are as closely identified with the history and development of industry and society throughout the 20th century as Ford Motor Company. Henry Ford and his business partners where true entrepreneurs. Today, when we think about Ford, we think about innovation. From Henry Ford’s revolutionary idea of the assembly line to the new vehicles that Ford introduces every day, innovation has always been a cornerstone of Ford’s business. One little known fact is that Ford embraced QFD (Quality Function Deployment) , a Japanese quality methodology, into their product design process significantly earlier than most companies in the United States. This embracing of new ideology has led Ford to offer products...
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...Seagate sold one of its companies, the Network & Storage Management Group (NSMG), to VERITAS in return for 155 million shares of VERITAS stock. The transaction made Seagate VERITAS’s largest stockholder, creating an ownership stake of over 40%. When a few problems regarding stock prices arose, concerned shareholders were not far behind. Following the transaction, the market was failing to recognize the value of Seagate’s stake in VERITAS, as evident from a 200% increase in VERITAS stock versus only a 25% increase in Seagate’s stock. The board felt that the market was incredibly under pricing Seagate’s stock. After two failed attempts to increase Seagate’s stock price and unlock its value from VERITAS, the company turned to Morgan Stanley for help. In early November of 1999, Morgan Stanley arranged a meeting between Seagate executives and representatives of Silver Lake Partners. After several months of discussion, Silver Lake delivered a proposal and potential solution to Seagate’s problem. This proposal involved a complicated two-step transaction. The first step would involve Seagate selling off its disk drive business, including about $765 million in cash, to a newly-formed company controlled by Silver Lake. The purchase would be financed through a LBO in which Silver Lake and other private equity investors would provide a portion of the selling price through equity, and the rest would be financed through debt The second step, would involve merging the remaining Seagate shell...
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...(Information, products and communication in digital form can be stored, sent and received nearly instantaneously) and task automation (self-service online for transactions and payment). Other properties include network externality (businesses can reach more of their market with automated communication), time moderator (consumers hold higher expectations about communication with companies), information equalizer (consumers have more access to product information and pricing), scalable capacity (huge amount of data can be stored in the server space paid for by the company), open standard (companies can access each other’s databases for a smooth supply chain) and market deconstruction (many distribution channels are performed by non-traditional firms like online travel agents). • These internet properties not only allow for more effective and efficient marketing strategy but also changed the way marketing is conducted. E-business, e-commerce & e-marketing • E-business is the continuous optimization of a firm’s business activities through digital technology. Digital technologies are things such as computers and the internet. • E-commerce is the subset of e-business focused on transactions. • E-marketing is the use of information...
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...Impact of Globalization Globalization of Markets: Refers to the merging of historically distinct and separate national markets into one huge global market place. Falling barriers to cross border market have made it easier to sell internationally. It has been argued for some time that the tastes and preferences of consumers in different nations are beginning to converge in some global norm, thereby helping to create a global market, for example Nike shoes are worn all over the world from Canada to Argentina, and from New York to Tokyo most people know about the brand name and demand that stores carry the brand. I recently visited the country of Colombia and found out that mostly everything that’s available in New York is available there also. I was able to find Rolex watches, Apple computers, Mercedes Benz luxury automobiles and so on. A company does not have to be the size of a multinational in order to participate and benefit from globalization of markets, any small firm can participate in the worldwide trade provided that they get the proper contacts and they do the proper due diligence to make sure they are working with legitimate companies in order to assure themselves to get paid for their goods and services because otherwise it would be very hard to collect on debt from overseas. The most global markets currently are not markets for consumer products, where national differences and tastes are still important enough to act as a brake on globalization. For example...
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...the applications that can be implemented on behalf of cloud computing could potentially improve the way of life today—technologically speaking. History of Cloud Computing Cloud computing has a long history in the technological world. In fact, it goes back much further than people believe. According to the article, “30 years of accumulation: A timeline of cloud computing,” in 1997 the term cloud computing was first coined (GCN Staff, 2013). University of Texas professor Ramnath Chellappa coined the phrase which means “new computing paradigm,” (GCN Staff, 2013). Many years passed and small developments were made. In 2006, cloud computing took a huge step. During 2006, Amazon launched its Elastic Compute Cloud (GCN Staff, 2013). Elastic Compute Cloud is an infrastructure as a service that allows organizations to contract for computers to run their selected applications (GCN Staff, 2013). Then, in 2007, Dropbox was developed by a student at MIT (GCN Staff, 2013). Dropbox was one of the first file hosting and synchronization services available and made cloud storage a commodity in today’s world (GCN Staff, 2013). Now, there are several cloud storage services available today such as OneDrive by Microsoft, iCloud by Apple, and many more. Cloud Computing Defined In order to understand the uses of cloud computing, one...
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...ANALYSIS OF GLOBALIZATION TRENDS AND ITS IMPACT ON THE REFLEXIVE SOCIETY AND ON THE DEVELOPMENT OF RETAIL INDUSTRY Michael Adiwijaya Lecturer Staff, Petra Christian University Surabaya S. Pantja Djati Lecturer Staff, Petra Christian University Surabaya ABSTRACT Globalization is continuing process which could not be avoided by every nation in this world where the globalization trends contribute big impact toward society life and toward the development of retail industry. The impact of globalization toward society can be seen on the changing in several aspects such as economic, politic and legal, social and culture, and technology as well. Meanwhile the globalization impact toward the development of retail industry can be seen on online retailing activities and on the internalization process of retail operation. Key word: Globalization Trends, Impact of Globalization, Society Changing, Development of Retail Industry. 1.1 Backgrounds Backgrounds for this analysis are separated into two main parts; they are globalization trends and the typology of reflexive society . 1 1.2 Globalization Trends Globalization or the global exchange of goods and ideas between human populations is a process that has been existed for 2.5 million years, but that has been intensified during the last 500 years, mainly under the influence of the Western European expansions. (Schulp,2006). Every nation in all around the world experiences the process of globalization...
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...effect of organizational culture on business ethics. • Compare and contrast four strategies for merging organizational cultures. • Identify five strategies to strengthen an organization’s culture. 16 S I X T E E N 496 T o an outsider, PeopleSoft is one of the loopiest places on the planet. The Pleasanton, California, business management software company has nerf ball shootouts and minigolf tournaments in the hallways. Dress-down day is every day of the week. A white collar is usually a T-shirt. The bagels and gourmet coffee are free. Having fun is so ingrained that many employees—called PeoplePeople—say it’s the best place to have a bad day. PeopleSoft also values egalitarianism— treating everyone with respect and minimal status differences. Executives don’t have secretaries, special perks, or grandiose offices. “Don’t kiss up and slap down,” PeopleSoft cofounder Dave Duffield reminds everyone. In other words, give the bagel delivery guy the same respect as the company president. PeopleSoft is also extreme on technology and flexible customer service. Job applicants use an automated voice response system to accept their job offer. On the first day of work, newcomers are outfitted with a notebook computer and a backpack. They also receive tools for posting personal web pages on the company intranet. “There’s an unstated expectation that this is how things are done at the company,” says Steve Zarate,...
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...Introduction Gateway, Inc. is a computer manufacturing company located in North Sioux City, South Dakota that has grown considerably since inception. The organization started in 1995 with the introduction of inexpensive personal computers developed by Ted Waitt and Michael Hammond on a farm in Iowa. The two partners decided to develop the business into a customer-oriented operation that focuses on providing the best possible products for the lowest prices. This idea was indeed a huge step in the development of the company because of the unexpected boom in the personal computer market during the late 1980's and early 1990's and the need for an organizational staff that would be required for the operation to grow. Gateway began its quest for skilled labor by initially hiring local personnel and providing training in the areas of sales, marketing, customer service, and technical support. It was the goal of the company to provide complete service to the consumer before, during, and after the sale of each and every personal computer. In order for the company to meet this goal, it was necessary to hire enough people to support the growth of the organization and this is when the hiring frenzy began. The organization advertised employment positions in newspapers and trade magazines hoping to generate enough responses to meet the demands of the growing sales and support operations of which the result were overwhelming. This paper is generated to describe the results...
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