...1. Summarize the major features of Texas Instruments’ management systems. To what extent, and how, are these system mutually reinforcing? In 1960, Texas Instruments’ (TI) revenue reached $232 million, which was $32 million over company’s president Pat Haggerty’s announced goal of $200 million. However, the industry was facing a recession at the time, and Patrick Haggerty knew that TI needed to develop a system that would help with innovation and growth of the company. In 1962, Duddy Harris was assigned to find such system, which resulted in development of the OST System: Objectives, Strategies and Tactics. Pat Haggert believed that Texas Instruments must be consumer product centered. Under his leadership TI has organized itself into six major business groups. Each group was subdivided into divisions, which in turn is further divided into product customer centers (PCC), or profit centers. Each Product Customer Center (PCC) manager had responsibilities to Create, Make and Market product in their respective area. The goal of PCC is to allow the business to have a close relationship with customers, and enable an entrepreneurial environment for TI’s middle level managers. The major drawback of Texas Instruments profit center’s decentralized matrix system is the lack of control by top management, possibility of friction and conflict of interest between organization units. With over 80 different PCCs within TI; business cohesion can be a major issue. In order to keep individual...
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...Rendell Company Divisi pengontrol keuangan memiliki peran penting dalam pengelolaan urusan keuangan dari perusahaan mana pun. Mereka terlibat dalam mengawasi pelaporan informasi keuangan dan akuntansi di perusahaan. Biasanya, terdiri dari akuntan yang mengawasi aspek keuangan perusahaan, termasuk pemantauan dan implementasi pengendalian internal. Ini adalah posisi senior, dan pengontrol keuangan biasanya melapor ke CFO. Divisi pengontrol keuangan ini memiliki tanggung jawab mempersiapkan target profit dan anggaran untuk tiap divisi. Dalam studi kasus, ada dua tingkat yang berbeda dari pengontrol. Pengontrol keuangan perusahaan bertanggung jawab atas kegiatan keuangan secara keseluruhan pada Rendell Company, sedangkan pengontrol keuangan di tingkat divisi bertanggung jawab atas kegiatan keuangan dalam tingkat divisi. Pengontrol keuangan tingkat divisi memberikan laporan kepada manajer divisi yang selanjutnya laporan itu diteruskan ke divisi pengontrol perusahaan. Disisi lain, divisi pengontrol perusahaan juga melapor kepada direksi. Pada struktur seperti ini, pengontrol keuangan tingkat divisi bertindak seperti asisten dari manajer divisi. Ada dua masalah potensial yang mungkin terjadi karena struktur ini. Masalah pertama adalah bahwa manajer divisi memperoleh informasi dari pengontrol keuangan tingkat divisi, dan tidak mendapatkan informasi secara langsung. Karena itu menjadi sulit untuk pengontrol keuangan perusahaan untuk mendapatkan wawasan yang lebih dalam pada situasi...
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...Tips: * Ciptakan kondisi menyenangkan saat melatih. * Cari cara mudah dan tidak membingungkan bagi anjing. * Tanamkan pada benak anjing bahwa anda adalah pemimpinnya. * Jangan bentak anjing jika tidak menuruti perintah. * Segera hentikan latihan jika anda mulai merasa jengah dalam melatih. Basic Trick: A. Sit 1. Siapkan treat atau makanan kesukaan anjing kesayangan anda. 2. Tarik leash atau pangkal leher keatas dan tekan bagian belakang anjing anda kebawah sambil berkata Sit. 3. Berikan treat atau makanan kesukaan anjing kesayangan anda dan tepuk bagian pinggir bahunya sebagai penghargaan. 4. Lakukan minimal 5 kali sehari, dalam 3-5 hari anjing anda akan mengerti arti Sit. B. Down 1. Harus dilakukan setelah anjing anda mengerti Sit. 2. Suruh anjing anda Sit, dan tarik leash atau collar kebawah sampai dia Down. 3. Katakan Down. 4. Beri anjing anda treat atau makanan kesukaannya dan tepuk bahu pinggirnya sebagai penghargaan. 5. Untuk trick ini lakukan 15 kali sampai 20 kali per hari, dalam 3-5 hari anjing anda akan mengerti arti Down. C. Hold 1. Untuk Hold, anda hanya perlu menyuruh dia melakukan hal-hal berbeda dalam pose yg berbeda,dan untuk tiap pose anda tahan posisinya dan katakan Hold. 2. Tidak perlu sering-sering. D. Stay 1. Untuk “Stay” anda hanya perlu memancingnya untuk lari,dengan melempar makanan atau mainan kesukaannya dan sebelum dia lari, tahan dibagian dada dan bokong sekaligus. 2. Tidak perlu...
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...TEXAS INSTRUMENTS: TXN Texas Instruments: TXN Northeastern State University Table of Contents: Section I: Company History and Environment A.) Company Profile 3 References 8 Section II: Income Statement and Balance Sheet Analysis A.) Common Size Analysis (B.S. and I.S.) 10 B.) Identification & Explanation of Trends 11 References 12 Section III: Ratio Analysis A.) Ratio Profile 13 References 14 B.) Ratio Table for TXN and Peers 15 C.) Ratio Trends and Comparisons 16 Section IV: Valuation A.) Reformulated Balance Sheet 18 B.) Market Value of TXN Stock (ROPI) 19 C.) Spreadsheet Calculations 20 D.) Assumptions 21 E.) Estimate Price to Forecast Price 22 Section V: Summary and Conclusion A.) Summary 23 B.) Company Financial Appearance 24 References 25 Texas Instruments: TXN ) Company History and Environment Company History: Texas Instruments (TI) is a designer and manufacturer of microcontroller semiconductors and two forms of signal processing, analog and digital. It all began when Eugene McDermott, John Erik Jonsson, Patrick Eugene Haggerty, and Cecil H Green founded Texas Instruments in 1930. The company was originally named Geophysical Science, GSI, later it was changed to Coronado Corporation in 1939 before it was finally named Texas Instruments Incorporated in 1951 (History of Innovation). The founders of Texas Instruments...
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...Case #1 Texas Instruments Chris Healey Chris Healey Intermediate Accounting Professor Henry 10/19/2014 This case study is inspired by the SEC issued Proposed Rule 33-8098, “Disclosure in Managements’ Discussion and Analysis about the Application of Critical Accounting Policies” and how current companies live up to the objectives of this rule. For this case, I selected Texas Instruments (NASDAQ: TXN), one of the leading designers and manufacturers of semiconductors. This case will evaluate the degree to which Texas Instrument’s financial reports give the investor relevant information and faithfully represent the company’s true financial standing. This is the primary objective of Proposed Rule 33-8098. In addition, I will address the importance of the disclosure of critical accounting policies, the critical accounting policies that TXN discussed, why they are critical, how these policies align or contradict with the conceptual framework of financial reporting and if I believe that TXN may have left out some critical accounting policies. It is important for a company to disclose its critical accounting policies because investors use financial reports in investing decisions. The purpose of financial reporting is to provide investors with relevant information that faithfully represents the company’s financial standing. Unfortunately, this purpose is difficult to deliver. Accounting is by nature influenced by the inexact science of estimation, the ever-changing business...
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...Market Competitive Analysis of Texas Instruments Incorporated Richard Horner, Jaclyn Lampton, Renae' Harrison, and Lizbeth Parra ECO/365 September 9, 2013 Prof. Hank Lewis Market Competitive Analysis Businesses across the world experience the pressures of constant evolving technological changes in their industry. The recent economic recession forced many businesses to close. The businesses that survived technological advances, and economic hardship researched the market to develop sustainable marketing strategies. One company managing to stay afloat is Texas Instruments. The organization managed to revolutionize its industry, and its market research enables it to develop competitive products that consumers buy. Consumers across the world prefer companies that offer high quality products and services in a responsible manner at an affordable price. Texas Instruments invests time and money researching consumer behavior to discover what consumers want, and compares this data with other companies to remain competitive. The organization focuses mostly on technological advances and research. The following discussion details an analysis of the current market conditions for the development of a new product by Texas Instruments. History Texas Instruments is best known for its calculators, most people use these calculators in school. The company, established in Dallas, Texas, has 80 years vested in its industry. The organization experienced technological advances including...
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...Case 3 Texas Instruments October 17, 2012 1. Texas Instruments has held their position in the marketplace for government agencies and educational research facilities. Texas Instruments has never marketed any of their products in the retail marketplace. Texas Instruments had extreme difficulty competing in the emerging laser printer market, because of their long-term business with fortune 500 companies and government owned agencies. 2. Texas Instruments used the pull strategy to lure new customers to buy their laser printers, while pricing their laser printers below two thirds of the competitors’ laser printers. In the end, there was not enough product differentiation of Texas Instrument’s laser printers to make an impact in the emerging laser printer market. 3. One solution to the problem is to sign contracts with an original equipment manufacturer company like Compaq computers. Another solution to this problem would be to spend more money on advertising campaigns and promotion to office supply retailers to make a real effort using the pull strategy. One more solution to this problem could be to scale down production on laser printers and/or trying to sell that division of the company. 4. These solutions will be judged by the following criterion: Cost to implement Acceptability to employees Acceptability to shareholders 5. By signing contracts with an original equipment manufacturer, Texas Instruments would not have their name on the products, but companies...
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...years, I want to be working in the human resources department at Texas Instruments. I specifically want to be an HR Business Generalist because it is more closely tied to the business and business strategy at Texas Instruments than some of the other human resources jobs there are. This position seems like it would be a great fit for me because I am extremely interested in the business strategy of a company and how the people working for the company can directly influence how successful a business is. I want to be in Dallas, Texas at Texas Instruments’ main office where I can get the most enriching experience. However, after I have learned as much as I can at the Dallas office and when I am comfortable with my position, I want to move to the Houston office because Houston is where I grew up and it is where I want to raise a family. In five year, I want to be working in the human resources department at Texas Instruments. I want to start out in their Compensation position within the HR department. My major is in accounting and I like to work with numbers, so I believe the Compensation position would be a good starting point for me. I have also been advised that this position is a great HR position to begin with, especially if you want to work your way to the HR Business Generalist position, because you learn a lot about the company and their financing. I would like to be in the Dallas office, because this is Texas Instrument’s main office in the United States and it is where I...
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...Omar : B) Companies which voluntarily used diversity to develop themselves (Texas Instrument) * Companies are acknowledging the importance of diversity and inclusion to grow and achieve sustainable competitive advantage. Currently, this is an imperative tool as corporations interact with different civilizations, suppliers and clients. Businesses that miss to acquire diversity might find themselves unable to maintain variety in customers, employees, and business partners. “ Texas Instruments Inc. (TI) designs and makes semiconductors, which it sells to electronics designers and manufacturers globally” (Texas Instruments Inc., tpics.nytimes.com). Until December 2011, it has operated in more than 35 countries. TI is one of many companies that adopted diversification development. According to Texas Instrument’s Founder Cecil Green "Getting ahead depends not on working people, but on working with people." (C.Green, 2011 Corporate Citizenship Report, www.ti.com). In that spirit, managers pay close attention to the safety, health and well being of the workforce to inspire innovation. This approach is essential to the long-term success of the company and applies to employees of all races, ethnicities, ages, genders, religious beliefs and sexual orientation. Texas Instrument recruited, educated and trained a diversified workforce resulting in global understanding, increased creativity, increased productivity, stronger customer loyalty, and employee retention. Hence, it has reached...
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...Texas Instruments and Hawlett-Packard Strategic planning systems Texas Instruments is more diversified company, whereas, Hawlett – Packard single industry with related diversified firms. That is why we suggest TI to use vertical strategic planning system. Business units prepare strategic plans and submit them to senior management to review and approve. For related diversified and single industry firms, like HP, tend to use both vertical and horizontal. The horizontal dimension might be incorporated into the strategic planning process in a number of different ways. Moreover, tend to create new markets and exited as a cost- driven competitors entered and the market matured. In consequence, for HP importance of strategic planning is very high due to uncertainty of environment in a “build” strategy. However, Texas Instruments favored early entry, followed by expansion and consolidation of its position, resulting in dominant market share when the product matured. So, for TI importance of strategic planning is relatively low due to stable environment. Budgeting systems For Hawlett – Packard role of the budget is short-term planning tool, whereas, for Texas Instruments is control tool. HP is concentrated on more flexible production processes to meet the needs of its custom and low-volume markets, while TI concentrated on more capital-intensive and cost-effective production processes to supply its more standard, high-volume markets. For HP, this implies relatively high control...
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...About 50,300,000 results (0.22 seconds) Sponsored Shop for accounting calculator on Google Texas Instruments B... $34.99 Staples HP 10bII+ Financial Cal... $29.99 HP Direct Texas Instruments B... $39.99 toysrus.com Texas Instruments B... $42.14 Walmart Hewlett‑Pack... 12C Financia... $85.99 Overstock.... Shop by brand:HP Texas Instruments Search Results Online Accounting Calculator - Equations, Formulas, and Ratios www.a-systems.net/calculator/10+ items – Accounting Calculator. Calculate accounting ratios and ... Name Equation Asset Turnover Net Sales / Total Assets Average Collection Period Accounts Receivable / (Annual Credit Sales / 365) Net Profit, Net Income, Income - Gross Profit Margin - Receivables Turnover Ratio Accounting Calculator - Android Apps on Google Play https://play.google.com/store/apps/details?id=jp.gr...hl... 69 votes - Free - Android Aug 27, 2012 – This application is an accounting calculator with many functions. *Calculating due to 12 figures *Digit grouping separators *Four arithmetic ... Images for accounting calculator - Report images Accounting - TCalc online financial calculators - TimeValue Software tcalc.timevalue.com/accounting.aspxSuite of financial calculators for the CPA industry. Add these calculators to your existing cpa accounting website. Free accounting online line calculator calculator.utilstudio.com/Free accounting online line calculator. ... Free accounting online line calculator...
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...BA II PLUS™ Calculator Important Information Texas Instruments makes no warranty, either express or implied, including but not limited to any implied warranties of merchantability and fitness for a particular purpose, regarding any programs or book materials and makes such materials available solely on an "as-is" basis. In no event shall Texas Instruments be liable to anyone for special, collateral, incidental, or consequential damages in connection with or arising out of the purchase or use of these materials, and the sole and exclusive liability of Texas Instruments, regardless of the form of action, shall not exceed the purchase price of this product. Moreover, Texas Instruments shall not be liable for any claim of any kind whatsoever against the use of these materials by any other party. USA FCC Information Concerning Radio Frequency Interference This equipment has been tested and found to comply with the limits for a Class B digital device, pursuant to Part 15 of the FCC rules. These limits are designed to provide reasonable protection against harmful interference in a residential installation. This equipment generates, uses, and can radiate radio frequency energy and, if not installed and used in accordance with the instructions, may cause harmful interference to radio communications. However, there is no guarantee that interference will not occur in a particular installation. If this equipment does cause harmful interference to radio or television reception, which...
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...BA II PLUS™ PROFESSIONAL Calculator Important Information Texas Instruments makes no warranty, either express or implied, including but not limited to any implied warranties of merchantability and fitness for a particular purpose, regarding any programs or book materials and makes such materials available solely on an “as-is” basis. In no event shall Texas Instruments be liable to anyone for special, collateral, incidental, or consequential damages in connection with or arising out of the purchase or use of these materials, and the sole and exclusive liability of Texas Instruments, regardless of the form of action, shall not exceed the purchase price of this product. Moreover, Texas Instruments shall not be liable for any claim of any kind whatsoever against the use of these materials by any other party. USA FCC Information Concerning Radio Frequency Interference This equipment has been tested and found to comply with the limits for a Class B digital device, pursuant to Part 15 of the FCC rules. These limits are designed to provide reasonable protection against harmful interference in a residential installation. This equipment generates, uses, and can radiate radio frequency energy and, if not installed and used in accordance with the instructions, may cause harmful interference to radio communications. However, there is no guarantee that interference will not occur in a particular installation. If this equipment does cause harmful interference to radio or television...
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...environment (The Economist, 2009). The BOD nominates the executive officers of the firm. They comprise the chief financial officer and chief executive officer as well as the leaders of the firm’s principal business functions and units. Strategy TI is aware that its customers depend on the company to assist them innovate and get to market first. The company, therefore, drive toward flawless implementation to deliver software, differentiated products, and support they need, whenever they need them. The firm actively engages with its customers and learns as much that it can about their needs in order to generate new, innovative products for their future applications on a constant basis. 3.1.2. Components of Strategy Corporate Mission Texas Instruments seeks to change the world “one chip at a time.” The company’s mission is to create analog and embedded processing products for power electronics across every industry. The company has interwoven integrity, commitment, and innovation throughout the fabric of its history in order to create and assist to make the world safer, smarter, more fun, greener, and healthier (Nishi &Doering, 2000). The firm considers integrity as its cornerstone, innovation its lifeblood and organizational commitment as its promise. Organization Culture Ethics is a foundation at the company and has been for the previous 80 years. The company has an inclusive culture, which focusses on what individuals bring to the table and what they can do for the company....
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...Executive Summary My project is on country analysis of Israel focused on its agriculture sector. This project includes collecting information of agriculture activity of Israel, Israel’s geography, main agricultural products produced in Israel etc. but main purpose of this project is to doing a S.W.O.T Analysis of Israel’s agriculture sector to identified its strengths, weaknesses, opportunities and threats. This report includes how Israel makes their agriculture sector superior in compare to world’s other countries. 1|Page 1. Overview of Israel’s Agriculture Israel’s agriculture is characterized by high technological level, pressure irrigation systems, automatic and controlled mechanization and high quality seeds and plants. Israel meets most of its food requirements through domestic production to produce over 5 million tons of field crops, 1.15 billion liters of milk, 1.6 billion eggs and 1.2 billion flowers for export (Ministry of Agriculture, 2006). The total area of arable land is 377,300 hectares with 78% under cultivation. Water scarcity is the main limiting factor in Israeli agriculture and the country depends on irrigation to increase its crop yields; about 50% of the land is irrigated. Of the 1,129 million cubic meters (MCM) of water used by agriculture per year, some 30% of agricultural water is treated wastewater (TWW) for drip irrigation of orchards and non-food crops, while another 16% is saline water. The Ministry of Agriculture and Rural...
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