...After Rayovac company’s successful long term course of rejuvenating its battery business for the purpose of spurring sales growth locally, a newly branded Rayovac brand supported by broad battery lineup via technological innovations, improved packaging, expanded distribution network, refined supply and purchase chain, slash in production cost and an increased plant capacity created Rayovac into a result oriented enterprise.(attachment C) Rayovac Company CEO, Jones with new entrepreneurial culture insights into the company performance, embanked into globalization of the battery business in 1999. The acquisitions of ROV limited the largest battery distributor in Latin America with approximated sales of $100 millions compared to the Rayovac sales in the region of $20 million was a strategic move that spurred sales in Latin America region greatly. Further, acquisition of Varta AG a leading manufacture of general batteries and a competitor of Rayovac within the Latin American market was also another strategic move as Rayovac was able to reduce operational cost by $30-$40 millions, solidifying Rayovac market lead in the region and made Rayovac the second leading battery producer in Europe as well as the leading producer and distributor of batteries in Austria and Germany. In Asian markets acquisition of 85% of Ningbo Baowang battery company with a modern manufacturing facility of alkaline and heavy duty batteries at very low costs was a good strategic move as this made...
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...COMMENCEMENT & MODIFICATION OF AWARDS Group 11 Rituparna Mallick H13097 Sanika Gokhale H13101 Saurav Kumar Das H13105 Sourabh Sanyal H13110 Sreedipto Bhattacharya H13111 WHAT IS AN ‘AWARD’? ‘Award’ means an interim or final determination of any industrial dispute or of any question relating thereto by any Labour Court, Industrial Tribunal or National Tribunal. It also includes arbitration award made under section 10A. AWARD VS. SETTLEMENT Award 1. 2. It is a decision of the Arbitrator, Labour Court or Industrial Tribunal. The Arbitrator, Labour Court or Industrial Tribunal resolves the problem hearing the arguments from both sides. Settlement 1. 2. It is arrived conciliation. as a result of Both the parties come to a conclusion by mutual agreement, and sign on the Settlement Agreement The Conciliation Officer settles the disputes between the parties in an amicable manner 3. 3. No mutual consent between the parties. However, the Award consists binding force upon the parties SECTION 16. FORM OF REPORT OR AWARD Report of a Board or Court shall be in writing and shall be signed by all the members of the Board or Court Provided that nothing in this section shall be deemed to prevent any member of the Board or Court from recording i. i. any minute of dissent from a report OR from any recommendation made therein. The award of a Labour Court or Tribunal or National Tribunal shall be in writing and shall be signed by its Presiding officer...
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...STRATEGY 2 SPECTRUM AND UNITED INDUSTRIES 2 GROWTH STRATEGY 2 SPECTRUM BRANDS 3 MANAGEMENT 3 STRATEGY 3 RELATED DIVERSIFICATION 3 UNRELATED DIVERSIFICATION 4 MARKETING 5 MANUFACTURING, RAW MATERIALS, DISTRIBUTION, AND SUPPLIERS 10 CONSOLIDATION EFFORTS 10 RAW MATERIALS 11 DISTRIBUTION AND SUPPLIERS 12 SPECTRUM BRANDS FINANCES 12 SALES 12 INCOME 13 PROFITABILITY RATIOS 13 LIQUIDITY RATIOS 14 LEVERAGE RATIOS 15 ACTIVITY RATIO 16 SHARE PRICE 17 RECOMMENDATIONS 18 REFERENCES 19 INTRODUCTION Spectrum Brands (SPC) is a global branded consumer products company with seven major product lines including Rayovac consumer batteries, Tetra pet supplies, Remington electric shaving, grooming and personal care products, VARTA portable lighting, Vigoro lawn care, Sta-Green lawn and garden, Repel, Hot Shot, and Spectracide household insect control. After acquiring United Industries from Thomas H. Lee (THL) the Boston based private equity firm in 2005, Rayovac (ROV) changed its name to Spectrum Brands and started trading on the New York Stock Exchange (NYSE) as “SPC”. World Market The worldwide market sector in which Spectrum competes is estimated to be US$300 billion1. The worldwide market for batteries alone is estimated at US$50 Billion2. Worldwide dog and cat food sales stood at US$45.12 billion, a 4.9% increase over the previous year3. The market for grooming consumer product is about 16 billion4...
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...for markets beyond American shores as agricultural and industrial production boomed. The country was bursting with a new power from the growth in population, wealth, and productive capacity. Overseas markets might provide a safety valve to relieve the pressures of labor violence and agrarian unrest. The “yellow press” of Joseph Pulitzer and William Randolph Hurst described foreign exploits as manly adventures. Missionaries, inspired by books like the Reverend Josiah Strong’s Our Country: Its Possible Future and Its Present Crisis, looked overseas for new souls to harvest. Strong talked about the superiority of the Angelo-Saxon civilization and summoned Americans to spread their religion and values to the “backward people.” Theodore Roosevelt and Henry Cabot Lodge were interpreting Darwinism to mean that the Earth belonged to the strong and fit. This view was strengthened as: Europe partitioned Africa in the 1880s. Japan, Germany, and Russia extorted concessions from the Chinese empire. The development of a new steel navy also focused attention overseas. Captain Alfred Thayar Mahan’s book of 1890, The Influence of Sea Power upon History, 1660-1783, said that control of the sea was key to world dominance. Mahan helped stimulate the naval race among the great powers. Americans joined in the demands for a mightier navy and an American-built isthmian canal between the Atlantic and Pacific. Two-time secretary of state James Blaine pushed his “Big Sister” policy, aimed at rallying...
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...Bat Agaoglu 9/25/2012 IR 376 Professor Kinzer Paper #1 1) I tell you what I am going to say- The 1890s saw an expansion on US imperialism of American territory, as a result of economic, political, and cultural factors with justifications on acquiring more land, power, and resources. Many Americans believed U.S had to expand to increase population, wealth, and industrial production which demanded more resources. So, therefore, US took control of other territories such as Hawaii, Cuba, and Panama to impose its own beliefs of government and culture on the people. The United States encouraged these territories to become independent from other nations so that they would be more beneficial to us. Although we freed these territories from their restraining governments, it was only in our own interest. It started during the 1840s with the manifest destiny which was used to warrant the expansionist movements of that time. Expansionist used the population growth and close frontier to support their intentions on conquering new territories. Expansion would lead to economic advantages such as trade with new colonies and Asia which at that time was becoming increasingly important to American economy in the late 19th century. Another argument expansionist used was to prevent other countries and colonies from gaining more land and they also felt the need to rival with the other imperialist countries. They had a desire to compete with Europe for overseas empires. The U.S. sought for...
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...Theodore Roosevelt played a very important role in society in which he achieved many goals and helped our country become a better nation for the rights of the people. For a young man that started out quite sickly due to asthma and an extremely weak heart, he was such a determined individual that didn’t allow his weaknesses to interfere with reaching his goals and acquiring such great achievements for one man. Although Theodore Roosevelt grew up in a wealthy environment, he was able to associate with not only the rich but he somehow managed to befriend and gain the utmost confidence even from those that were not so privileged. That is one of many reasons why he would be admired even today due to not only his strength in character but also how he didn’t allow wealth to define him as a person. He was an extremely hard working individual and even with a man that had such disadvantages as far as his health, he managed to become one of the most influential and triumphant men of our country. Theodore Roosevelt was born on October 27th, 1858 into a wealthy Dutch New York City family. There were four children in all, Anna, Theodore, Elliot and Corinne Roosevelt. Although he had a very wealthy childhood upbringing, he also had a series of health issues including being diagnosed at a young age with asthma and poor eyesight, but he did not let those things stop him from achieving his goals. He was a very hardworking man who believed he could do anything he set his mind to because...
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...Running Head: THE BUCK STOPS HERE: OR DOES IT? The Buck Stops Here: Or Does It? Ivelisse Maldonado Organizational Ethics and Moral Responsibility/XMGT 216 July 8, 2012 Michael Smith THE BUCK STOPS HERE: OR DOES IT? President Harry Truman had a sign on his desk in the Oval Office, inscribed with the slogan, “The buck stops here.” President Truman wanted all those who entered his office to understand that he believed ultimately, he was responsible for the way the country was governed. (Mitford, M. 1951.) Using the principles espoused by Trevino and Wiley (2007) as a guideline, President Truman thus exhibited one of the qualities necessary to be an effective manager. It is noteworthy to point out that the original slogan was “pass the buck,” a reference found in business and life every day, in which responsibility for a decision or an undertaking is passed on or blamed on someone else, (Mitford, M. 1951.) a policy President Truman abhorred. Did every decision on every topic cross President Truman’s desk? Certainly not, but the president chose to be a role model, set an example of the former, rather than the latter, and indicate to the electorate that he was the ultimate manager. All managers should aspire toward a similar goal. What then is a manager? There are many who have the title but never accept the role. Leaders need no titles. John C. Maxwell, noted speaker stated, “A leader is one who knows the way, goes the way, and shows the way.” (Maxwell...
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...Staropoli ORGB 625 July 31, 2011 Introduction The world has known great leaders since the beginning of recorded time. Before any theories on building leadership skills or new buzz words and phrases about leadership, we experienced the impact of great leaders like Martin Luther King, Abraham Lincoln, Mahatma Gandhi, and Eleanor Roosevelt. These men and women shared little in common except for the fact that they were willing to take a stand for what they believed in and maximize whatever talents they had towards that end. Martin Luther King led the world through the tumultuous Civil Rights movement and inspired millions to change the way in which they viewed the world and each other. He was willing to give his life for this cause (Honey, 2011). Abraham Lincoln had a similar cause in an even more politically and socially divided nation and made similar sacrifices for his cause (Ferguson, 2011). Gandhi led one of the greatest social and religious reform movements in the history of the world with little formal training of any kind. Before it was popular to have a cause as a “first lady” of our nation, Eleanor Roosevelt set herself apart by championing the cause of those most severely affected by the great depression. “[S]he worked as a tireless advocate for the nation's downtrodden and fought to open relief programs to women” (Beasley, 2010). Theory U Theory U, and other theories like it, however, would have us believe that our times are harder...
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...Progressive Party was created as a result of President Theodore Roosevelt. The party was mostly focused on getting America's financial system back to normal and making essential modifications. The Progressive Party of 1912 had been called a political party in the United States and it was created by a split in the Republican Party. This was created by Theodore Roosevelt when he lost the Republican nomination to the in office President William Howard Taft and drew his delegates out of the conference (Mowry, 1946-1960). After that the party became as popular as the Bull Moose Party, later than the party’s symbol and later than Roosevelt’s show off that he was just "as strong as a bull moose". It has been said that the word progressivism became known in the late 19th century into the 20th century in reference to a more common reaction to the huge changes carried by industrialization. Political parties like the Progressive Party, formed at the beginning of the 20th century, as well as progressivism prepared vast steps beneath American leaders like Theodore Roosevelt, Woodrow Wilson, Franklin Delano Roosevelt and Lyndon Baines Johnson. The Progressive party was generally the outcome of presidential campaigns of 3 leaders that are Theodore Roosevelt, Robert La Follett, plusHenry Wallace. Some Progressive Party organizations struggled in this period and later in the 1952 voting, all parties vanished completely. In 1912, Roosevelt guided progressive factors out of the Republican Party (Pinchot...
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...Richard Knight 2008 Sorry for Disturbing You The short story Sorry for Disturbing You by Richard Knight is written in past tense and limited 3rd person narrator. It starts in media res, our protagonist Ian opens the door, and a man is standing on his doorstep. By starting the story it makes the readers wonder what is going on, and it is like you are having the same exact reaction as Ian when he opens the door. The readers can identify themselves, and understands Ian’s feelings, why he does the things he does. And it is all because of the start of this story. Mistakes happen but the important part of mistakes is learning from them. Like Eleanor Roosevelt once said “Learn from the mistakes of others. You can’t live long enough to make them all yourself” Ian learns from Michael, who one day knocks on his door, drunk and lost. Our protagonist Ian Harder who is a father and a husband seems loving and caring about his daughter “Go back in, Corry. (He looked at her knowingly, hoping no to frighten her….)” And he also thinks about what his wife Karen would have thought about letting a stranger in the house who also leaved a dark print on the bright yellow wall, but she was staying at her mothers house. They had things to sort out. When Michael Phelps knocks on the door Ian invites him in to the house even though he is drunk. He could have easily closed the door, but he chooses to go after his instinct and helps the man. As Ian is trying to help Michael, he finds out that he has...
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...Theodore Roosevelt was born in New York City on October 27, 1858. He was the second of the four children by the parents of Theodore and Martha Bulloch Roosevelt. Theodore was a puny kid when he was little and suffered from bad asthma. This kept him from being able to get out and play like other kids(Stefan Lorant 13-17) When Theodore was about 12, his father told him that he would need a strong body to give his mind a chance to develop fully. The next year, while alone on a trip to Maine, Theodore was tormented by two big bully’s. He felt ashamed because he was not strong enough to fight back. Roosevelt's father built a gymnasium in the family home, and Theodore exercised there regularly. He overcame his asthma and built up unusual physical strength. He studied under tutors until he entered Harvard in 1876. He earned good grades, and it was said that Theodore would ask so many questions during class, that the teacher would often have to remind him who the teacher was. The 22 year old Roosevelt started his career as a politician right after finishing his Harvard law degree. He was appointed to the U.S Civil Service Commission in 1889. Cuban rebels had been revolting against their Spanish rulers. Many Americans demanded that the United States help the Cubans. On Feb. 15, 1898, the U.S. battleship Maine blew up in Havana harbor. Roosevelt tried to rush getting prepared for war against Spain. He became impatient with McKinley's attempts to avoid war. In private, Roosevelt complained...
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...UNITED STATES BECOMES A WORLD LEADER The United States had a long tradition of territorial expansion. Gains of adjacent territory in the 19th century—the Louisiana Purchase of 1803, the areas won from Mexico in 1848, and U.S. expansion across the continent—all enhanced American stature. More recently, the defeat and removal of Native American tribes by federal troops had opened the West to farms and ranches, speculators and corporations. A. THE ANNEXATION OF HAWAII In the 1880s a monarchy governed the Hawaiian Islands, but western powers, including the United States, Britain, and Germany, had significant influence in Hawaii’s economy and government. American business interests dominated the lucrative sugar business. Angered by U.S. domination, Hawaiian islanders in 1891 welcomed a native Hawaiian, Liliuokalani, as queen. Liliuokalani attempted to impose a new constitution that strengthened her power. American planters responded by deposing the queen in 1893. Proclaiming Hawaii independent, the Americans requested U.S. annexation. President Grover Cleveland stalled on the annexation treaty; his representative on the islands reported that native Hawaiians objected to it. Under President William McKinley, however, in 1898, Congress voted to annex the Hawaiian Islands. In 1900 Hawaii became American territory. B. THE SPANISH-AMERICAN WAR: CUBA AND THE PHILIPPINES United States involvement in Cuba began in 1895 when the Cubans rebelled against Spanish rule. The Cuban...
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...CHAPTER 9 THE PHILIPPINE SOCIETY UNDER THE AMERICAN RULE Having proclaimed that the Philippines will be kept by the United States, President McKinley started the task of governing the colony. In his address before the 4th session of the 76th U.S. Congress, McKinley stated America’s aims concerning the Philippines. “The Philippines is ours not to exploit, but to develop, civilize, educate, and to train in the science of self-government.” In his instructions to the First and Second Philippine Commissions, McKinley explained in effect that the U.S. came to the Philippines not to conquer the Filipinos, but to work for their benefit and welfare. The Military Government Following the surrender of Manila in August, 1898, President McKinley ordered the establishment of a military government here. Major General Wesley Merritt, the commander of U.S. forces in Manila, served as its first military governor. When Merritt left for Paris, France to brief the U.S. and Spanish peace commissioners on the conditions in the Philippines, he was succeeded by Major General Elwell Otis who served until May, 1900. The last American military governor was Major General Arthur MacArthur. He served until 1901. During its brief existence from 1898 to 1901, the military government accomplished the following among other things: 1. It reorganized the courts in the country. It established a Supreme Court composed of six Filipinos and three Americans. A Filipino, Cayetano Arellano, was named...
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...have an encounter with the monster in 986 AD long before Christopher Columbus arrived. Leif describes it as “horribly ugly, hairy, swarthy and with big black eyes.” (Parkash, 2006) It is argued that he just saw Native Americans but the Norse were extremely hairy themselves so why would they mention the Natives as hairy. Native Americans throughout time have had their own believes and stories on the subject. Explorers in the new world recorded the Indians attitudes and beliefs for their Big Brother (Parkash, 2006) which I believe started many ideas and fears for our own culture. According the New World Encyclopedia (2009) even our own President Theodore Roosevelt has a published encounter told to him by a mountain hunter in 1893. If the President of the United States says something it must be true. In my opinion, Teddy Roosevelt and Leif Erickson had a pretty big role on the impact of Bigfoot into the American culture. However, the Native Americans role may have been even more influential. Yes, Teddy and Leif are two big names but the Indians had the masses. I can only imagine going from tribe to tribe and hearing similar stories. I believe they have had more...
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...An American President A Life in Brief Theodore Roosevelt, who came into office in 1901 and served until 1909, is considered the first modern President because he significantly expanded the influence and power of the executive office. From the Civil War to the turn of the twentieth century, the seat of power in the national government resided in the U.S. Congress. Beginning in the 1880s, the executive branch gradually increased its power. Roosevelt seized on this trend, believing that the President had the right to use all powers except those that were specifically denied him to accomplish his goals. As a result, the President, rather than Congress or the political parties, became the center of the American political arena. As President, Roosevelt challenged the ideas of limited government and individualism. In their stead, he advocated government regulation to achieve social and economic justice. He used executive orders to accomplish his goals, especially in conservation, and waged an aggressive foreign policy. He was also an extremely popular President and the first to use the media to appeal directly to the people, bypassing the political parties and career politicians. Early Life Frail and sickly as a boy, "Teedie" Roosevelt developed a rugged physique as a teenager and became a lifelong advocate of exercise and the "strenuous life." After graduating from Harvard, Roosevelt married Alice Hathaway Lee and studied law at Columbia University. He dropped out after a year to...
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