...StaInstructor’s Manual CASE TEACHING NOTES The Formula One constructors Mark Jenkins 1. Introduction This case enables students to explore sources of competitive advantage using the context of Formula One (F1) motorsport. The case highlights the ways in which three particular F1 teams created four situations of competitive dominance for a sustained period. It allows the students to consider individual teams and the generic issues needed to succeed in this specialised context. The case is organised into five parts. The first is a brief overview designed to give those unfamiliar with F1 some understanding of its history and structure. This is followed by four detailed descriptions of particular periods of dominance by an F1 team. The introduction to the case describes the overall nature of Formula One motorsport and its origins in Europe after World War II. It identifies some of the central aspects of being an F1 constructor, such as the need to generate sponsor revenues through increasingly sophisticated marketing strategies, and also the need to design, develop, manufacture and race open-wheel single-seat racecars. Note: the term ‘constructor’ differentiates F1 from other racing series in which race teams compete with bought-in racecars. F1 constructors are effectively in the business of designing and constructing prototypes – each car being unique to each constructor but within a set of pre-defined rules that cover weight, dimensions and other basic parameters. The...
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...Capital One is a diversified bank that offers a broad array of financial products and services to consumers, small businesses and commercial clients. A Fortune 500 company, Capital One has one of the most widely recognized brands in America. As oneRichard D. Fairbank is founder, Chairman and Chief Executive Officer of Capital One® Financial Corporation. Capital One, headquartered in McLean, Virginia, offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Mr. Fairbank founded Capital One in 1988 based on his belief that the power of information, technology, testing and great people could be combined to bring highly customized financial products directly to consumers. Since then, Capital One has emerged as one of the America's largest consumer franchises with approximately 45 million customer accounts and one of the nation's most recognized brands. As one of the nation’s top 10 largest banks based on deposits, Capital One, N.A. and Chevy Chase Bank, F.S.B. have approximately 1,000 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia. Question 1: Identify and describe the key environmental forces that have immediate strategic implications for Capital One. Capital One has become a strong leader in the financial world since its start as a public credit card company in 1994 through with strategic growth and diversification. I feel the key environmental forces...
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...Manufactura Esbelta Flujo Continuo “El producto fluye sin tener demoras por el diseño de las operaciones, registro de ordenes, y la producción sin rechazos, desperdicios, o la necesidad de sobre inventario” 1 Flujo Continuo El concepto de Flujo continuo aumenta y estabiliza la tasa de flujo del producto Reduce el Lead Time total Hace el ciclo de producción más predecible La meta del LM es que los productos fluyan con la producción en una manera nivelada El flujo de una pieza es el ideal (perfección) 2 Flujo Continuo Maximiza Minimiza Visibilidad y comunicación Simplicidad Flexibilidad Utilización del operador Seguridad Movimientos Manejo Esfuerzo 3 Flujo Continuo E D C La producción nos conduce de departamentos especializados…. A B …a la producción en celdas enfocadas al producto con flujo de una pieza 4 Flujo Continuo El layout típico de una planta-- ¡¡¡¡ es un verdadero espagueti !!!! Ensamble Componentes Piezas Proceso 5 Flujo Continuo Localice el equipo en secuencia apropiada y reduzca al mínimo la separación de la máquina por producto de familia B Agrupar por la secuencia del proceso para el flujo de una pieza a la vez . C Diseñe un Flujo compartido entre los procesos/equipo. A Agrupar 1AA B 2A 3A C Prueba 5B 4B En principio, evite poner operadores en un solo sub-ensamble o lineas de subensambles Ensamblador ...
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...One child Policy China China is an authoritarian country in which capitalism is allowed to flourish however many rights that are considered basic in democracies are denied. With just over 1.3 billion China is the world's largest and most populous country. As the world's population is approximately 6.5 billion, China represents a full 20% of the world's population so one in every five people on the planet is a resident of China. With just over 1.3 billion people (1,313,973,713 as of mid-2006); China is the world's largest and most populous country. As the world's population is approximately 6.5 billion, China represents a full 20% of the world's population so one in every five people on the planet is a resident of China. The population density in China is 130 people per sq km. However, China’s Population wasn’t Always like this. After the proclamation of the People's Republic of China in 1949, China was ruled by the Eight Immortals, which included Mao Zedong. Mao Believed that of all things people was most precious. The Population growth caused Famine In that killed millions of people by 1962. The One Child law wasn’t implemented until Three years after Mao Death in 1979. In China the One child Policy restricts families to one child each. The government has officials and government positions specifically to keep this policy in effect. It was originally suppose to be temporary but it is still last 25 years later. Mao Zedong was a Chinese Marxist theorist, soldier, and statesman...
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...China is a land that contains an overpopulation crisis. With a current estimated 1.4billion people living in China, something needed to be done in order to lower the birth rates and control the fast growing population. The solution the Chinese government came up with was the one child policy. They set up a number penalties and benefits in order to encourage the Chinese people to cooperate with this policy. The predicted outcome was to reduce the birth rates and reduce their population, which was ultimately affecting the Chinese economy. However, the one child policy created an unexpected crisis of its own, the creation of unequal demographics of gender and the start of a new cultural and economic trend. This paper is going to study the demographic changes between males and females as well as the cultural impact it has had in present day China due to the enactment of the one child policy in 1979. The reason to why China came into the population crisis was that people in China chose to have such large families because of the high mortality rates of their kids; they would not even live past the age of five. Families perceived that out of those ten kids only half of them would live, opted to have as many as they could to ensure that at least some of their kids would survive. As time passed people still held these beliefs, however medical innovations and better health care helped elongate the lives of those kids, consequently those families that decided to have many kids in order...
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...Formula One Motor Racing In 1997/1998 Formula One’s popularity was at an all time high and two years prior the Federation Internationale de l’Automobile (FIA) had granted Bernie Ecclestone F1’s commercial rights. Ecclestone had sought these rights in order to safeguard his own investments in the digital TV infrastructure technology that was being developed. He was so confident in the technology; he had invested over $100 million through family-owned companies towards R&D. Ecclestone believed that multichannel broadcasting with interactive technology would create a new revenue stream, improve F1’s global appeal, and support his planned initial public offering (IPO). Formula One’s IPO never took place. During this same time period the European Union began an antitrust investigation, claiming the FIA had exercised monopoly power by giving one company exclusive broadcasting rights. Considering so much of F1’s profits come from TV revenue, Ecclestone had to cancel the IPO due to the pending legal case and instead opted for a bond issuance that raised $1.4 billion for his family trust. Taking a company public through the IPO process or financing through a bond issuance, have many advantages and disadvantages for a business. IPO’s provide companies the opportunity to raise capital to grow the business by offering investors an ownership stake in the company without impacting its debt-to-equity ratio. The Juner case is a perfect example of a company decided to go public...
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...When i first saw the cover of the anime one piece i thought to myself that well, the art isn't that fantastic and the storyline dosent seem all that interesting since i wasnt much into the pirate theme. The search for one piece, i thought it was going to be all indiana jones atmosphere. But when i actually read the manga boy i realized i was extremely wrong. Truth be told the first episode did not interest me much, what kept me going was this new concept of devil fruit power that i had not seen in any other anime, well ofcourse i wouldnt..that would be a copyright infringement i guess. Oh well moving on, i really fell in love with the main character Luffy. Now c'mon how can he be so funny and cool at the same time, yu cant help but love him. Slowly other crew members start joining and boy does the anime starts getting more interesting and interesting. All the crew members with their own history all having factors to be loved. I won't be spoiling the anime for you but trust me, the anime is extremely good. Being an avid anime fan i would really recommend it to everyone who likes a quality anime. And yes i still wait every week for the new chapter of the manga to be realeased plus i also watch the anime after reading the manga. The love i had for it still remains the same, actually my love has completely increased for it. Im gonna watch it to the end and i know this anime is never going to disappoint...
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...Team B Portfolio Mireya Gomez, Marina Kriofske, Raven Schatz FIN/402 September 7, 2015 Professor Richard Smith Procter & Gamble Procter & Gamble has been in business for 178 years. Dividends have consecutively increased in the past 59 years. The common stock five year average return for Procter & Gamble is 73.66. The average rate of return for the past five years is 4.17 percent. Procter & Gamble's industry is personal products. The company streamlined its businesses into five industry-based groups. The groups are global baby, feminine and family care; global beauty; global health; global grooming; and global fabric and home care. The five year average return in personal products is 12.86 percent (Procter & Gamble, 2015). Procter & Gamble is in the same industry as Scott's Liquid Gold Inc., Kimberly-Clark Corp and Unilever PLC. Scott's Liquid Gold Inc. five year rate of return is 44.15 percent. Kimberly-Clark Corp five year rate of return is 13.57 percent. Unilever PLC five year average rate of return is 11.04 percent (Morningstar, 2015). |Industry Name |5-Day |YTD |1-Month |3-Month |1-Year |3-Year |5-Year | | | | | | | | | | | | | | | | | ...
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...----------------------------------- Aug 31, 2005 One Child Policy in China ----------------------------------- Why Government Policy Causes Population Change in China Policy may Cause Population Change. China’s One Child Policy is a very controversial one. It involves only one child per married couple. This has led to high abortion figures (sometimes forced or selective), forced sterilisation and even infanticide. However China had no choice but to adopt such a harsh policy, China’s population in the 1970s was 900 million and rising. China didn’t have enough resources to support this growing population, and had strong regional variations. The government realised something had to change and in the early 1970s strongly driven family planning methods were adopted and in 1979 the one child policy was introduced. China is a huge country (9,600,000 squared kilometres) and has a large number of resources however there is an extreme imbalance between population size and resources available. 1,192 million people live in China that’s 21.4% of the world’s population. This is a lot of people to feed, clothe and house. The population has put a huge amount of tension on the countries limited resources. 25% of China’s land is infertile or desert so no crops can be grown on this land and not many will want to live on it because they wouldn’t be able to support themselves due to the poor soils. China can be split down the middle from the north east to the south, dividing...
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...One Child Policy: The Gender Epidemic During the 1970’s under Mao Tse-tung’s ruling, China’s population was increasing toward one billion people. When he was the ruler, Mao allowed the people to have as much babies as they wanted because to him, “of all the things in the world, people are the most precious.”(Ho) Soon, the population kept rising and the government came to a conclusion that popution control is nesscesary because they fear that there won’t be enough food or resources to support the people. After Mao passed away the next leader, Deng Xioping established the One Child Policy in 1980 to limit the population growth in China. The policy strictly allow couples in China to have only one child with a few exceptions in some areas. If couples disobey the law and have a second child, they would have to pay heavy fines. They can also lose their jobs and create a bad name for their family. In the government’s view when the policy was being introduced, fewer births ment fewer mouths to feed which ment that there is a better chance at prosperity for the people. (Evans 102) According to Paul Wiseman from USA Today, the goal of the policy was to keep the Chinese population below 1.2 billion people through 2000. As it turned out, the policy has failed because the population today is 1.3 billion. It did however lower birthrates due to birth control, abortions, and early deaths of infants. Throughout the years, China began to have an imbalanced gender ratio. There is a significant...
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...One Child Policy: Right or Wrong The world today consists of almost 6.9 billion people. China itself, serves host to more than 1.2 billion people. This astronomical figure is more than 17% of the enite word population. For centuries China has stood as a leading civilization, outpacing the rest of the world in the arts and sciences. On the other hand, over the last decade, it has also plummeted economically. A big factor for this massive downfall is its overpopulation within the country. Due to this exponential increase in population, the Chinese government has installed a “one-child policy”. The one-child policy solved the overpopulation issue in China, but it also introduced a variety of other problems to the country. In the early 1900's, China's population was about 420 million. In the past century years, it had grown to 1.2 billion, an increase of almost 800 million people in a 100 years. (Hays) Having this many people in one area means that there is a lot of people to feed, clothe, and house. The population has put a large amount of tension on its limited resources. A quarter of China’s land is either desert, or infertile land, therefore no crops can be grown on the land. Also, it means that people won't want to live on it because they wouldn’t be able to support themselves due to the poor soil. This issue leads to tremendous amounts of population density in the cities. The Chinese government realized that something had to be put in place, otherwise they would never...
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...The one-child policy is the one-child limitation in the population control policy of the People's Republic of China. The Chinese government refers to it under the official translation of family planning policy. It officially restricts married, urban couples to having only one child, while allowing exemptions for several cases, including rural couples, ethnic minorities, and parents without any siblings themselves. A spokesperson of the Committee on the One-Child Policy has said that approximately 35.9% of China's population is currently subject to the one-child restriction. The Special Administrative Regions of Hong Kong and Macau are completely exempt from the policy. Also exempt from this law are foreigners living in China. This policy was introduced in 1978 and initially applied to first-born children in the year of 1979. It was created by the Chinese government to alleviate social, economic, and environmental problems in China, and authorities claim that the policy has prevented between 250 and 300 million births from its implementation until 2000, The policy is controversial both within and outside China because of the manner in which the policy has been implemented, and because of concerns about negative social consequences. The policy has been implicated in an increase in forced abortions, of female births, and has been suggested as a possible cause behind China's gender imbalance. Nonetheless, a 2008 survey undertaken by the Pew Research Center reported that 76% of the...
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...University of Phoenix Material Traffic Modeling Figure 1 shows the intersections of five one-way streets and the number of cars that enter each intersection from both directions. For example, I1 shows that 400 cars per hour enter from the top and that 450 cars per hour enter from the left. See the Applications section in Section 6.2 of College Algebra as a reference. For this assignment, use Figure 1 to answer the questions following the figure and to prepare a Microsoft® PowerPoint® presentation. [pic] Figure 1. The intersections of five one-way streets The letters a, b, c, d, e, f, and g represent the number of cars moving between the intersections. To keep the traffic moving smoothly, the number of cars entering the intersection per hour must equal the number of cars leaving per hour. 1. Describe the situation. • In this traffic model the pictures illustrates that as cars go out in one direction there is a number of cars coming that are equivalent to the total number of cars going out. The traffic flows through B, C and d will remain a constant, and traffic that flows through the other intersection will change. 2. Create a system of linear equations using a, b, c, d, e, f, and g that models continually flowing traffic. 3. Solve the system of equations. Variables f and g should turn out to be independent. 4. Answer the following questions: a. List acceptable traffic flows for two different values of the independent...
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...1. What is the ‘One-Child Policy’? China’s Demographic Transition Model China’s Demographic Transition Model The Chinese ‘One-Child Policy’ was introduced in 1978 by Chinese leader Deng Xiaoping. His aim was to limit communist China's population growth by limiting couples t6o only one child. Although designated a "temporary measure," it still continues to be in use a 25 years after it was established. In this time the rule has been estimated to have reduced population growth in the country of over 1.3 billion by as much as 300 million people in the first twenty years. During Mao Zedong’s leadership of China infant mortality declined from 227 births in 1949 to 53 in 1981 per 1000 live births, and life expectancy dramatically increased from around 35 in 1949 to 66 years in 1976. The policy was introduced because up until the 1960s, the government encouraged families to have as many children as possible this is due to president Mao Zedong’s belief that population growth empowered the country. He prevented the rise of family planning programs thus increasing birth rates. The population grew from around 540 million in 1949 to 940 million in 1976. Several years later Song Jian, one of china’s top officials read the books ‘The Limits of Growth’ and ‘A Blue Print For Survival’, he then went onto calculate the correct population for China to be 700 million, 240million less than the population at the time. The One-Child policy was introduced to reduce China’s population to...
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...One Child Policy The One Child Policy has been a law in China since 1979. Deng Xiaoping established it because the Chinese population had tripled since 1900. The Chinese government felt that this policy would improve social, economic, and environmental issues. The One Child Policy restricts the number of children urban married couples can have to one and the exceptions to the policy are rural couples and ethnic minorities. Rural area couples are an exception to the policy if the first born is a girl or has a physical disability, mental illness, or mental retardation. The institution of the one child policy has drastically influenced china on a political, social, and economic level. The Chinese government estimated that it has three to four hundred million less people because of the policy and that it has prevented overpopulation, epidemics, slums, and strain on the ecosystem, but there are still controversial issues involving the one child policy. Kidnapping, female infanticide, sex selective abortion, and unequal boy girl ratio are all results of the one child policy. In order for the one child policy to continue these controversial issues need to be resolved or else it could have a negative impact on the population. These issues are results of a Chinese tradition that in order for the family name to carry on you need a son and boys are just considered to be better then girls especially in rural areas because boys can do better farm work. This tradition is not a law...
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