...The Recalcitrant Director at Byte Products, Inc.: Corporate Legally versus Corporate Responsibility Background of the Company Byte Products Incorporated is a ficticious company and as a result, information regarding the company itself and the environment, at the time of the case, is not available for research. This case, prepared by Professors from Indiana Universty and Cornell Uuniversity, conceals the true identity of the name of the firm, individuals, location and financial information for anonymity. Summary The case of the recalcitrant director at Byte's Products Inc, brings to focus a conflict between Archie Carroll's proposed theory of responsibilities of a business firm, namely legal responsibility and social responsiblity. Byte Products Incorporated, a publicly traded company, headquartered in Midwest United States of America, is primarily involved in the local production of electronic components for computers used in sophisticated businesses and engineering applications. A publicly traded company, the majority of stockholders are the initial owners of Byte when it was a private company. O perated by a hierachy structure with the Board of Directors ( 4 inside members and 7 outside members) at the top level; Jim Elliott is the Chief Executive Officer and Chairman of the Board. Regarded as one of the largest-volume suppliers of specialized components, this firm, performing at a consistent revenue-increase level for the past six years holds some 32% market...
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...Foreign Account Tax Compliance Act (FATCA) Overcoming challenges relating to operational implementation Editorial In March last year, the US President signed the HIRE Act, thus paving the way for the implementation of the Foreign Account Tax Compliance Act (FATCA). In our first brochure “Mastering the challenges of the new US regulations”, we presented the fundamental considerations which were necessary following the introduction of the FATCA regulations. We also explained how FATCA works, and how participating foreign financial institutions (“participating FFIs”) will be affected as from 2013. Because the text of the HIRE Act functions within the meaning of a framework legislation and the specific guidance are still to be drawn up that there is considerable uncertainty among financial intermediaries. The focus is particularly on the question of whether or not a financial service provider consitutes an FFI as defined under the FATCA regulations and must make appropriate analysis. On the other hand, there are the issues of identifying customer and US accounts and the treatment of withholdable payments. Finally, there also appears to be widespread uncertainty concerning the question of what – if any – alternative strategic options an FFI has. The US Internal Revenue Service (IRS) shed some light on this issue by releasing Revenue Notice 2010–60. This notice deals in particular detail with the issues concerning the identification of customers and US accounts as well as the...
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...UNILEVER SECURES ITS MOBILE DEVICES Unilever is a $54 billion global manufacturer and 'supplier of fast-moving consumer goods, including brands such as Q Tips, Lipton tea, and Dove personal care products. It operates in 57 countries, with regional teams for Europe, the Americas, and Asia/Africa (including Australia.) Unilever also has teams for its Foods and Home and Personal Care products. This global giant is known for its ability to leverage products and brands throughout the world by tailoring them to local conditions and for its commitment to top-quality management. Unilever recruits its managers from all over the world and carefully trains them to serve as a unifying force for its operations. In March 2004, Unilever's senior management ordered the company's thousand top executives to be equipped with mobile handheld devices to increase their productivity. The devices had to provide both voice and data transmission, operate on different wireless networks, be able to view e-mail attachments, such as Word files, and run on battery power for more than four hours. The company selected BlackBerry 7100, 7290/ and 8700 handhelds from Research in Motion because they were the leader in their category and they worked with heterogeneous e-mail servers and multiple wireless network standards, including CDMA and Wi-Fi. Selecting the handheld was the easy part. The hard part was making sure Unilever's handhelds were secure. Wireless handhelds are easy to lose or steal because...
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...Position Paper for Beyond SCADA: Networked Embedded Control for Cyber Physical Systems workshop SCADA and GIS for drinking water distribution system monitoring and response: critical gaps Shannon L. Isovitsch1 and Jeanne M. VanBriesen2 SCADA is frequently used to manage and control drinking water treatment systems. In this application, SCADA systems perform remote monitoring and operations control along with data management and storage. SCADA systems often serve the joint purposes of operational information and regulatory compliance data management, The most important challenge in the advancement of SCADA systems in the drinking water industry is the need for monitoring and control throughout the distribution system, rather than only at the treatment plant and water sources. This will require integrating existing SCADA systems with numerical distribution system models to enable better model calibration and demand estimation, simulation of past events for analysis, and simulation of emergency situations for response training. We anticipate this integration will highlight the need for spatial as well as temporal data storage and analysis through GIS, and the need for the expansion of SCADA systems to track water quality as well as quantity. SCADA systems at a water utility are currently used to monitor flows and pressures at the treatment plant and associated water sources. Water quality monitoring is often performed by grab sampling to meet regulatory requirements. While grab...
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...Ateneo de Davao University E. Jacinto St. Davao City CASE 1: THE RECALCITRANT DIRECTOR AT BYTE PRODUCTS, INC.: CORPORATE LEGALITY vs. CORPORATE RESPONSIBILITY In partial fulfillment of the requirements for MGT 426: Strategic Management 2:35 pm – 3:35 pm / MWF / C306 Members: Castillo, Nikka Paula C. Esparagosa, Maribeth Morta, Winadel B. Panaligan, Rosemarie D. December 2, 2015 I. Background of the Study Byte Products Inc., which is located in the Midwestern part of the United States, is known to be the largest producer of electronic components which is mostly used for sophisticated business and engineering applications. Byte Products, Inc. has been the top producer in the industry because it has secured a spot on the electronic computers market getting 32% of the market share. Their strong market share has consistently given them an annual increase of their revenues which eventually lead to total sales of approximately $265 million. Byte products currently have three (3) plants operating at full capacity. Because of the increasing demand of their products, Byte cannot simply meet the increase in demand. Several members of the board had presented solutions to the problem, but some has objected to the proposals. II. Problem Statement What strategy should Byte Products, Inc. implement in order to meet its demand problems and maintain its status as the industry leader of producing specialized electronic components? III. Point of View James M. Elliot, CEO and...
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...The Recalcitrant Director at Byte Products, Inc.: Corporate legality versus corporate responsibility About the Company BYTES PRODUCTS, Inc. is an American based company involved in the production of electronic components incorporated in personal computers, mostly used for business and engineering applications. The company has three plants at different locations in the U.S.A, which totals a current sale of about $265 million and has a market share of approximately 32%, making them the leader in the industry. Summary Mr. James M. Elliot, the CEO and Chairman of the Board at Bytes Products, Inc, noticed that the company was beginning to face a number of crises. The existing three plants run on a 3–shift working schedule of 24hours a day and 7 days a week using up all possible production hours. It has now come to the attention of Mr. Elliot that even if the three existing plans are running at its maximum production level, there is still a high product demand percentage that is not being met. The company’s overall supply is unable to meet the demands of its customers which can cause a negative impact on the company’s by not being able to maintain its current market share. Therefore, because of this dilemma Mr. Elliott has returned to the drawing board in search of a solution to this problem. Mr. Elliott then made the decision to construct another manufacturing plant to produce sufficient product to meet the demands of the customers. In order for this new manufacturing plant...
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...Organizational and personal change management, process, plans, change management and business development tips Here are some rules for effective management of change. Managing organizational change will be more successful if you apply these simple principles. Achieving personal change will be more successful too if you use the same approach where relevant. Change management entails thoughtful planning and sensitive implementation, and above all, consultation with, and involvement of, the people affected by the changes. If you force change on people normally problems arise. Change must be realistic, achievable and measurable. These aspects are especially relevant to managing personal change. Before starting organizational change, ask yourself: What do we want to achieve with this change, why, and how will we know that the change has been achieved? Who is affected by this change, and how will they react to it? How much of this change can we achieve ourselves, and what parts of the change do we need help with? These aspects also relate strongly to the management of personal as well as organizational change. See also the modern principles which underpin successful change. Refer also to Psychological Contract theory, which helps explain the complex relationship between an organization and its employees. Do not 'sell' change to people as a way of accelerating 'agreement' and implementation. 'Selling' change to people is not a sustainable strategy for success, unless your...
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...nteThe Integral Approach® Courtesy of The Integral Institute® "Integral" means "inclusive, balanced, comprehensive." The Integral approach may be contrasted to other methods—mythic, rational-scientific, pluralistic—which, as they themselves announce, exclude other approaches as being inferior. They are thus, by definition, partial and incomplete. These latter methods, although widely accepted and dominant in the world's cultures, tend to generate partial analysis and incomplete solutions to problems. As such, they appear less efficient, less effective, and less balanced than the Integral approach. Like any truly fundamental advance, the Integral approach initially seems complicated but eventually is understood to be quite simple and even straightforward. It's like using a word processor: at first it is hard to learn, but eventually it becomes incredibly simple to use. The easiest way to understand the Integral approach is to remember that it was created by a cross-cultural comparison of most of the known forms of human inquiry. The result was a type of comprehensive map of human capacities. After this map was created (by looking at all the available research and evidence), it was discovered that this integral map had five major aspects to it. By learning to use these five major aspects, any thinker can fairly easily adopt a more comprehensive, effective, and integrally informed approach to specific problems and their solutions—from psychology to ecology, from business to politics...
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...Alzheimer's Disease: A Family Dilemma According to the Alzheimer’s Association, “Alzheimer’s is the sixth-leading cause of death in the country and the only cause of death among the top 10 in the United States that cannot be prevented, cured or even slowed” (n.a., 2012, para. 2). This offers little encouragement to family members who must stand helplessly by and watch the deterioration of a loved one. It is no wonder Alzheimer’s is called the family disease. To help families better understand and cope with the changes manifested in the different stages of the disease, improved diagnostic and counseling support is badly needed. At this juncture, an explanation of Alzheimer’s disease may be helpful. The Primary Care Companion to the Journal of Clinical Psychiatry (2009) states, “Alzheimer's disease (AD) is a neurodegenerative disorder that causes cognitive and functional disability” (Grossberg, et al., 2009, para.6). In the early stages of Alzheimer’s disease, even before current technology can identify symptoms, “plaques and tangles” (2012) form in the areas of the brain that control thinking, learning, planning, and memory. Watching a loved one mentally and emotionally disintegrate is especially hard on spouses and adult offspring, who for the sake of expediency, will be referred to as Caregivers. The change in a loved one’s behavior and personality causes emotional strain for Caregivers, and one of the first signs is a loss of appetite in the patient, triggered by a diminished...
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...Market Leader Issue 27, Winter 2004 www.warc.com What Do CEOs Want From Marketing? Anthony Freeling McKinsey Fiona Stewart Antennae Fran Cassidy The Cassidy Media Partnership Top of the CEO agenda is the need to deliver consistent top-line growth within an existing business portfolio, rather than from a continued reliance on acquisition. This objective was identified from our research into the opinions of CEOs and CMOs and highlights the importance of good marketing in running a successful company. We identified five consistent themes and these were: strong brands as a significant asset; more effective use of consumer data; the role of innovation, the need for better implementation and continued focus on business efficiency. Each area has significant implications for the role of the marketing function. Brands as a company asset In an increasingly clamorous society with a proliferation in the sheer volume of offerings, strong brands are significant assets in enabling companies to compete effectively. The challenges are building and maintaining brand equity by keeping brands refreshed and relevant and restoring trust in brands, particularly in sectors under attack from regulatory or consumer groups. Fmcg businesses typically have a strong brand focus across the organisation, but there is no room for complacency. Here, the main challenge is optimising resource allocation. As a result, a number of CEOs and CMOs talked about further rationalisation of the brand portfolio so that...
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...Introduction Good corporate governance (GCG) in a corporate set up leads to maximize the value of the shareholders legally, ethically and on a sustainable basis, while ensuring equity and transparency to every stakeholder - the company's customers, employees, investors, vendors-partners, the government of the land and the community (Murthy, 2006). GCG is a must for ensuring the required values to different stakeholder groups. It enhances the performance of corporations, by creating an environment that motivates managers to maximize returns on investment, enhance operational efficiency and ensure long-term productivity growth. Consequently, such corporations attract the best talent on a global basis. It also ensures the conformance of corporations with the interests of investors and society, by creating fairness, transparency and accountability in business activities among employees, management and the board (Oman, 2001). Again, GCG increase public confidence in a corporation, and lowers the cost of capital for investment. According to a McKinsey study (2002), over 60% of investors cite Good Governance practices in a corporation as a key factor in their investment decisions. Today, GG becomes a slogan and a pride. Here, we can uses accounting as a mean for establishing and retaining corporate governance. Accounting is a process of compiling information for reporting the internal affairs of any entity to different stakeholders at the end of a certain interval. It is defined as...
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...oikos Case Writing Competition 2013 Social Entrepreneurship Track 3rd Place Ziqitza Health Care Limited: Responding to Corruption N. Craig Smith and Robert J. Crawford, INSEAD This is an Online Inspection Copy. Protected under Copyright Law. Reproduction Forbidden unless Authorized. Questions relating to permission should be directed to: craig.smith@insead.edu Copyright © 2013 by the Authors. All rights reserved. This case was prepared by N. Craig Smith and Robert J. Crawford as a basis for class discussion rather than to illustrate the effective or ineffective handling of an administrative situation. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form by any means without permission. oikos case collection http://www.oikos-international.org/academic/case-collection/ oikos Case Writing Competition 2013 3rd Prize Introduction After a monthly staff meeting, a young employee approached Sweta Mangal, CEO of Ziqitza Health Care Limited (ZHL). Sanjay Rafati 1 had been hired as a financial officer the previous month, in November 2011. In view of the company’s strict ethical code, he was nervous about expressing his point of view, which was why he wanted to see Ms. Mangal in private: “The situation in one of the states where ZHL operates is getting critical. Unless the government pays what it owes us immediately, we will not be able to make payroll. We won’t be able to service...
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...mixed with reality........................ pp. 8 The film as history............................................... pp. 10 An autonomous language........................ pp. 10 Critical reception......................................pp. 14 The cinema: a mass spectacle.................. pp. 15 Bibliography......................................................... pp. 17 Introduction In this essay I am going to talk about history in The Birth of a Nation by David Wark Griffith. By “history” I mean: the historical filmic context of the film, which was released in 1915. I am going to show how history is represented in the film. We can see some facts that may have been changed in some aspects in order to guide our minds to what the director want us to think. We also find, as a method to support this, the introduction of fictional characters in some much known historical events of the United States. To end with, I am going to explain why this film is so important, including the technical improvements that are represented here. D. W. Griffith David Walk Griffith was born in Oldham County, Kentucky, on 22nd January, 1875. Griffith attempted to become a writer but only managed to have one of his plays performed. In 1907 Griffith moved to Hollywood and tried to sell a script to a movie producer, Edwin S....
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...Rehabilitation of Acromioclavicular Joint Separations: Operative and Nonoperative Considerations Mark P. Cote, PT, DPTa, Karen E. Wojcik, MSPT, ATCb, Gregg Gomlinski, MSPT, CSCSb, Augustus D. Mazzocca, MS, MDa,* Acromioclavicular joint (AC) separations are one of the most common injuries seen in orthopedic and sports medicine practices, accounting for 9% of all injuries to the shoulder girdle.1–3 Various operative and nonoperative treatment schemes have been described for the management of AC joint injuries.4–33 Although considerable controversy exists over the efficacy of surgical reconstruction versus nonoperative intervention for grade III type injuries, grade I and II separations seem to respond favorably to conservative management. Conversely, grades IV, V, and VI often require surgical reconstruction. Regardless of the type of injury, rehabilitation as a part of conservative management and postoperative care plays an important role in the management of these injuries. This article presents the authors’ rehabilitation approach to treatment of acromioclavicular separations pre- and postoperatively. CONCEPTUAL FRAMEWORK To provide instruction and insight for rehabilitation clinicians, protocols are often provided for a specific injury or procedure. A protocol is a system of rules or procedures for a given situation. Although intended to be informative, protocols often result in a restrictive list of exercises and arbitrary time frames that a clinician...
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...Human Resources JDT2- Task 1 Sandra Emeott 4/18/2011 Introduction: Many would argue that one of the most influential pieces of legislation passed to date is the Civil Rights Act of 1964. Title VII of this act prohibits employment discrimination on the basis of race, color, religion, sex, or national origin. It is critical for managers and employees in organizations to have an understanding of equal employment opportunity (EEO) laws to ensure that both employees and managers are protected. Scenario: During your third week as the elementary division manager at a toy company, the company attorney notifies you that a former employee has filed a case against the company under Title VII of the Civil Rights Act of 1964, constructive discharge, after a work schedule policy change. The employee, who quit after the policy change took effect, is alleging that the enforcement of the company’s new policy on shift work is discriminatory because the policy requires employees to work on a religious holy day. In the past, production employees worked Monday through Friday. As a result of company growth, the production schedule was changed at the beginning of the new year, requiring employees to work 12-hour shifts with four days at work and then four days off. The four work days can occur any day of the week, Monday through Sunday. The entire production staff is required to work this rotating shift. Office staff members, however, work from 8:00 a.m. to 5:00 p.m., Monday through Friday...
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