...1. What did Jack Ma do that was so different from other company leaders? In what ways is he a revolutionary? The difference between Jack Ma and the other companies’ leaders is Jack Ma focus more to the customers compared to the shareholders, bank and partners. His philosophy shows that customer is placed at No.1, major owner are No 2 while shareholders are No 3. He also states that an IPO was never have been their goal. As he said “We will continue to adhere to the principle of customer first, employees second, shareholders third”. Even Alibaba have become one of the greatest companies after they made a new IPO record in the history of New York Stock Exchange, but they will continue with their principle which is to protect the benefit of customers and shareholders and also to support their employees. Another difference between Jack Ma with other company leaders is Jack Ma only owns 7.8% of Alibaba’s shares that is surprisingly low for an owner of a big successful company which is less than 10%. The reasons why Jack Ma doing that is because he needed a large amount of capitals from external environment especially powerful foreign partners to help the growth of his company. Due to the shares that shareholders holding, Masayoshi Son’s Softbank owns 36% of Alibaba’s shares while Yahoo owns 24% of Alibaba’s shares which are larger than the shares hold by Jack Ma which was only 7.8% of the total shares. Jack Ma probably will be losing the ownership table if Alibaba goes public...
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...Business Society and Ethics 2/4/15 Based on the analysis required for this assignment, we are told to assume that Jack Ma has acquired the West Texas Fertilizer plant. From prior knowledge, I know that Jack Ma is a staunch “advocate for corporate social responsibility” and is a major advocate for improving the “environment”. I have also learned that Jack Ma is an individual who pays attention to social issues and works to ensure that some sort of change is brought forth to improve these issues. Based on the background information given about Jack Ma, I can assume that if Ma acquired the West Texas Fertilizer plant he would conclude that the fire in which took the lives of 35 innocent individuals is due to the irresponsible actions of the company owner. He would conclude that many alternate steps could have been taken to ensure that the fire would not occur. Ma would not only take steps to improve the infrastructure of the West Texas Fertilizer plant but would also improve the social structure of the plant because he is not concerned about maximizing profit for the benefit of the corporation but he is more concerned with making “healthy money, enabling people to enjoy their lives”. The first step that Ma would take is to “reboot and revisit the initial dream the company had while questioning what is the sole purpose of building the business”. He would then try to better educate individuals on issues relating to the plant. These educational forums may include...
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...Summary of article The article dated 20th August 2014 titled “MAS NEEDS A BRUTAL REWORK” from the malaysianbiz.my discusses the beginning of Malaysia Airlines’ financial decline and its privatization in the near future. According to the writer the decision to privatize MAS has been long overdue due to unfavorable financial performance. The reason of the financial decline had started when the government decided to re-nationalize MAS in 2002. Prior to 2002 MAS was privately owned by Malaysian businessman Tan Sri Tajudin Ramli. The writer further critiques that the decision to re-nationalize MAS was not because of financial but because of political reasons. Ever since then, not one of the many CEOs managed to turn the airline around. One of the reasons is that the CEOs did not dare to address the main issue of the airline, which is the mismatch between its operations and employment. Addressing this problem meant job cuts which would mean lack of support from airline staffs. Even when the airline renewed its fleet, cut fares and carried more passengers, it still suffered losses. Therefore Khazanah has decided to buy each share that the company did not own for 27sen each. Considering that Khazanah owns only 69.4% of the company, they would have to pay approximately RM1.05 billion to own the rest of the shares. Private ownership would allow Khazanah to introduce an appropriate capital structure to meet the airline’s substantial funding requirements in the next few years, and...
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...Her strong family bonds makes her challenge Pa’s leadership, even though Pa believes “his wife should obey him anyway, she is not supposed to decide alone what is good or not either for herself or for her family.” (Fonseca 2). Pa’s traditional values in women is strongly shown through this quote, and is much like how people thought in the 1930s. Surprisingly, Ma defies these gender roles that are placed on her, not accepting defeat. Ma knows she has the capability to become a leader which pushes her to win this argument. This event is what made Ma, the new leader of the...
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...Alibaba Group is a Hangzhou-based e-commerce/e-auction company, specializing in global trading. It was founded in 1999 by Ma Yun (Jack Ma), and operates five e-commerce sub-companies which operate different aspects of trading. Employees 4,400 (June 30,2007). As of January 2009, the Alibaba Group is made up of 6 sub-companies: 1. Taobao.com: Online auctions web site for customers. 2. Alipay: Online payments web site, processing mainly payments within China. 3. Alisoft: Provider of web services to the Chinese Small and Medium-sized Enterprise market place. 4. Alimama: Online advertising exchange, which allows web publishers and advertisers to trade online advertising inventory. 5. China Yahoo ! As a powerful portal with excellent searching engine, it provides high- quality basic application services for internet users including email, IM, information services and so on. 6. Koubei.com: China's largest communities for exchanging basic life information such as that on clothes, food, housing and travel. In 2009, Alibaba Group employed nearly 17,000 people, 70% worked in Alibaba’s B2B business. CRITICAL SUCCESS FACTORS 1. Clear Strategy To be the best e-business website not only in China, but also all over the world is the mission of Alibaba Corporation. The clear strategy is the beginning of the team of Ma Yun and the highest demand of all the team members. The right strategy born with the right period of e-business development in...
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...known for her deep contralto voice, she could only sing a few octaves but the way she sang and moved her audience which made her grow very popular. At the age of eighteen she married William “Pa” Rainey who was a vaudeville performer, and a comedian; this holy matrimony earned her the well known name, “Ma” Rainey. Rainey first heard the genre of blues when a woman started singing a song about a man who cheated on her and her anymore. When Rainey heard this music she described it as “strange and poignant.” Rainey seemed to fall in love with this type of melody, so much so that she decided to incorporate this new type of music in her shows....
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...hand-in-hand. Every year we change 'the organizational structure in tandem with changes in strategy. Jack Ma, Chief Executive Officer of Alibaba Group, stared through the fog at the cable stays of the Hangzhou Bay Bridge whistling past on his drive to the offices of Taobao ("hunting for treasures"), Alibaba's online marketplace for Chinese retailers and consumers. The longest transoceanic bridge in the world had a long gestation period: the feasibility studies took a decade. and even after their approval the plans changed to connect the northern end of the bridge to Jiaxing, rather than the Jinshan suburb of Shanghai as initially planned. When the bridge was opened to the public just over a year earlier, in May 2008, it cut the trip between the cities of Ningbo and Shanghai and southern Jiangsu province from 400 kilometers (km, equivalent to 249 miles) to just 80 km (50 miles), boosting economic integration and development in the Yangtze River Delta, which was home to 72.40 million people living in almost 100,000 square km of land comprising Shanghai, Zhejiang province, and Jiangsu province.? Ma couldn't help but smile to himself as he thought of the obvious similarities between the Hangzhou Bay Bridge and the Alibaba Group of companies. Just as the proposed bridge changed form as its plans progressed, the Alibaba Group evolved over an equally long period from its founding by Ma and a small group of friends in 1998, to the point where it now captured approximately one half of business-to-business...
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... María Eliana Errázuriz Raimundo Muñoz Josefina Olivera Antonio Poblete Luis Felipe Santa María 1. Presente y compare los argumentos de negocio para las dos proyecciones que Emily Harris está evaluando. ¿Cuál le parece más atractiva? La empresa tiene dos opciones realizar el proyecto “Match My Doll Clothing” o el proyecto “Design Your Own Doll”. En términos de costos, la primera alternativa tiene costos mucho menores, 3.520 versus 5.811 millones de dólares. Por lo tanto, tiene un riesgo moderado y representa la opción más segura para la compañía. Sin embargo, el segundo proyecto está más alineado a la estrategia y objetivos de la empresa y promete ingresos futuros mucho mayores. Finalmente, nosotros escogeríamos esta última, a pesar de que en el inicio no tendríamos ingresos y solo serían gastos, en el futuro generaríamos casi el doble de ...
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... TABLE OF CONTENTS QUESTIONS 1:- Analyze the current situation facing MAS and AIRASIA using the internal and external strategic environmental analysis model. Discuss what aspects and why did their collaboration take place? INTRODUCTION Various industries, specifically in airline business are attempting to improve their services to draw new passengers and travellers and to retain old passengers and travellers, and this objective is part of their business as well as their marketing model. In order to adjust with the stiff competition in the airlines business, airlines industries tend to come up with various businesses models and model to be competitive. Additionally, because of increasing competition among substitute industries, firms like AIRASIA, AIRASIA X and MAS. Airlines adopt strategic model to marketing and expend their market reach as well give better and satisfying service delivery to their target market. To sustain the market position as well as advantage business market model to management and marketing are being developed and utilized. MAS, AirAsia share swap not a win-win deal From its inception, it has not been plain sailing for the planned share swap between two of the country's most bitter airline rivals — Malaysia Airlines (MAS) and AirAsia — given the many issues involved. "The collaboration between MAS, AirAsia and AirAsia X was flawed from day one because it cannot bring in a rival. From the start, the...
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...TALENT MANAGEMENT AT GOVERNMENT -LINKED COMPANIES (GLCs) Transformation • Innovation • Partnership © August 2009 Malaysia Productivity Corporation Talent Management at Government Linked Companies (GLCs) Page 2 Table of Content Preface Introduction 3 4 Talent Management at Government-linked Companies (GLC) Transformation • Innovation • Partnership Talent Management and GLC defined 5 Insights on TNB (Tenaga Nasional Berhad) 8 Insights on MAS (Malaysia Airlines) Summary 11 15 Talent Management at Government Linked Companies (GLCs) Page 3 Preface In today’s global business environment, talent becomes the potentially powerful source of competitive advantage. Talent management is the fundamental building block to creating an organisation that is capable of learning, innovating and changing, as well as executing new processes. Finding, acquiring and retaining the right talent complemented by correct management and support are necessary for sustainable competitiveness. This research explores the aspects of talent management among Government-linked companies (GLC) in Malaysia. The Government’s Orange Book on Strengthening Leadership Development of December 2006 provides insights into the transformation processes of GLC in talent management. The Orange book sets out a framework to assess and strengthen company-wide leadership development through talent management. With these in mind, initiatives were taken to research talent management initiatives...
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...door. For the handmaids, Offred, in particular, it is not to her own insight that the Commander’s home can become her own. However, she does have a role in this household that doesn’t make it completely unfamiliar to her. Each handmaid that stays with this superior figure must obey the objective to help bear children in order for the wife to have a child. The only and allowed relationships under this household are between the Commander and his wife. Even though each individual under his power realize they have to abide him in these interactions, they do not enjoy or completely accept it. It makes them realize that there isn’t more to the house rather than being there for sexual...
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...Question 1 Analyze the current situation facing MAS and AirAsia using the internal and external strategic environment analysis model. Discuss what aspects and why did their collaboration take place. Answer Background to AirAsia A ‘no-frills’ airline is defined as one “That uses charter and/or scheduled flights to offer bargain-basement fares. Budget airlines usually land at and take-off from secondary airports, do not provide in-flight meals or refreshments, and may not even offer numbered seat allocation. Their ticket prices are fixed and non-refundable in case of a cancellation or no-show”. AirAsia is one of the fastest growing airline companies in the world, with a reputation as a low-cost, ‘no frills’ airline. It was originally a government owned business; yet, due to heavy debt, it was bought by former Time Warner executive Tony Fernandes in 2001, and this is where the real story begins. Their vision, under the slogan "Now Everyone Can Fly", is “To be the largest low cost airline in Asia and serving the 3 billion people who are currently underserved with poor connectivity and high fares”,(ii) and their mission is, under the banner of 'Affordable Airfares', “To attain the lowest cost so that everyone can fly with AirAsia,” without any compromise to Flight Safety Standards, as well as, creating a worldwide recognizable brand with a ‘family’ atmosphere within working conditions for employees. (iii) These statements clearly show AirAsia’s value. Cost advantages...
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...My top two choices for colleges are MIC (Mount Ida College) which is located in Newton, Ma and FMC (Fine Mortuary College) in Norwood, MA. They are both funeral director colleges, I would greatly love to own and run my own funeral home. There are many reasons why I want to become a funeral director. Let me start off by saying, in my opinion many people are in this business for the wrong reason. They know people need to lay their loved one to rest so they are willing to pay the price, so some funeral homes tend to price things way to high. I am hoping that owning my own funeral home I can make a difference and make things easier for some families as far as pricing. Another reason I want to become a funeral director is because, back in 2013 my younger sister passed away and the funeral home my mom went with did a horrible job on her makeup, she did not look like herself and it made me sad and angry all at once. You want your loved one to leave this world looking their best, which she did not! I want to make sure I do great work on someone’s loved one so they can feel at ease and be happy with the outcome. My final reason I want to become a funeral director is because, I don’t feel the dead are...
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...Executive Summary Malaysian Airlines System Berhad is the holding company for Malaysia’s national airline carrier, one of the fastest growing airlines in Asia. Malaysia Airlines has three airline subsidiaries, which is Firefly, MAS wings and MAS cargo. Although MAS had provide an excellent services and won many award, they still facing financial problem since year 2002. Situation become worse in year 2014 due to the MH370 and MH17 tragedies occurred. MAS are facing three main problems. First will be financial turbulence. In recent years, MAS has struggled financially. In 2013, the company reported a loss of 1.17 billion ringgit, its third consecutive year in the red. The airline had already been suffering from years of poor performance. The company’s stock price has dropped since MH370 missing and MH17 crashed occurred. A double tragedy of this nature after such a short period is unheard of in the industry, which could deal a crippling reputational and financial blow to Malaysia Airlines Malaysian Airline System Bhd. The second problem is lost confidence of passengers toward the Malaysia Airlines. Due to the disasters of MH370 and MH17, the airlines passengers lost confidence to the Malaysia Airlines which bring the feeling of fear and afraid toward MAS. Those passengers may switch to other airlines such as Air Asia and Singapore Third problem is reputation of Malaysia Airlines be damaged. At the beginning, Malaysia Airlines have a very high reputation and images in airlines...
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...Air…………………………………………………………6 4.2 The reason why the brand are bad……………………………………….7 4.0 The major competitor of the favorite brand…………………………………..8 4.1 Malaysia Airlines (MAS) the major competitor of Air Asia………….....9 4.2 Competing brands in term of strategy marketing……………………….10 4.3 Difference between Air Asia and Malaysia Airlines (MAS)……………11 5.0 Conclusion………………………………………………………………………13 6.0 Reference………………………………………………………………………..14 1.0 Introduction The aim of this individual assignment of subjects BPMM3113 Brand Management is to make a bit of criticism in connection with the preferred brand and the brand also not favored. This task is also to evaluate the performance of a popular brand of airline Air Asia and also the favored brand of Air Rayani. For the main competition for Air Asia is Malaysia Airlines (MAS). The airline industry is a big industry, a large and rapidly growing nowadays. In those years ago, air travel has increased by 6% a year and scheduled airlines carry more than 1 billion passengers in 2008. In addition, in this study, both the company and the challenges will be discussed in more detail in this report. It will be discussed further in this study are the weaknesses, advantages and competitive strategy used in the aviation industry. MAS Airlines and Air Asia on profitability and liquidity ratios to assess business performance and also the strength of the two airlines were strong and powerful. The conclusions and...
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