...Hodgetts−Luthans−Doh: International Management, Sixth Edition Back Matter Endnotes © The McGraw−Hill Companies, 2005 Endnotes ■ Chapter 1 1. J. Whalen and B. Bahree. “How BP Learned to Trust Ally That Once Burned It,” Wall Street Journal, February 27, 2003, p. A4; “BP Won’t Abandon Driving Forces,” Wall Street Journal, November 27, 2003, p. A7. “Dell Set to Create More Than 100 Full-Time Jobs in Bray,” Irish Times, August 17, 2002, p. 15. Peter Landers, “Foreign Aid: Why Some Sony Gear Is Made in Japan,” Wall Street Journal, June 14, 2001, p. A1. Barnaby J. Feder, “IBM Beats Earnings Expectations Again,” New York Times, January 17, 2003, p. C4. Peter Landers, “Volkswagen and GM Racked Up Strong Sales in China in 2003,” Wall Street Journal, January 6, 2004, p. A3. Peralte C. Paul, “Daimler Bails Out of Deal,” Atlanta JournalConstitution, September 24, 2003, p. A1. Nicholas Itano, “GM Returns 10 Years After End of Apartheid,” New York Times, January 30, 2004, p. W1. Saritha Rai, “A Giant So Big It’s a Proxy for India’s Economy,” New York Times, June 6, 2004, p. W1. Ibid. WTO, “World Trade 2003, Prospects for 2004; Stronger Than Expected Growth Spurs Modest Trade Recovery,” WTO Press Release 373, April 5, 2004, p. 1. Ibid. Thomas Friedman, The Lexus and the Olive Tree: Understanding Globalization (New York: Farrar, Straus & Giroux, 1999). Jonathan P. Doh and Hildy Teegen, Globalization and NGOs: Transforming Business, Government, and Society (Westport, CT: Praeger,...
Words: 20606 - Pages: 83
...Individual Assignment Lê Việt Cường HAN15090011 “Describe what managers do” 1. Introduction The ultimate goal of an organization is achieving its distinct purposes. Robbins, S., DeCenzo, D.& Coulter, M (2015, p41) suggested that: “Management is the process of getting things done effectively and efficiently, with and through other people”. “Today those management functions have been condensed to four: planning, organizing, leading and controlling.” (Robbins, S. et al 2015, p31). Knowing these four elements can be very useful for all levels of managers to reach their goals. 2. Planning The manager sets goals for the group, and decides what work needs to be done to meet those goals (Drucker, P., cited in The Wall Street Journal n.d.). According to Koontz, H. and O’Donnell, C. (cited in Steiner, 2010, p 346); “Planning is deciding in advance what to do, how to do, when to do it and who is to do it. Planning bridges the gap from where we are to where we want go”. Besides, Lipman, P. (2013) wrote: “The best managers keep the big picture in mind. They have a sound strategic mindset”. “They know their company’s business well, and ensure that the activities of their unit or department or division are always firmly aligned with broader initiatives and strategies”(ibid) . Therefore, planning is often called the primary managent function because it establishes the basis for all the other things managers do as they organize, lead and control (Robbins,S. et al 2015, p145)...
Words: 939 - Pages: 4
...Buzz on Smart Grids? CASE STUDY h e existing elec trici ty infrastructure in the Un ited States is outda te d and in efficient. Energy com pa nies provide power to con su mers, but the grid pro vides no infor m ation abo ut ho w th e con sumers are usin g th at energy, makin g it difficult to develop m ore efficie nt approache s to distribution . Also, the current elec tric ity grid offers few ways to h andle power provided by alte rnative energy sources, wh ich are critical com po nents of mo st efforts to go "gre en ." Enter th e smart grid. A smart grid deliv ers electric ity fro m supplie rs to cons umers using digital technology to save ene rgy, reduce costs, and increase reliability and trans parency. The smart grid enables in formation to flow ba ck and forth b etwe en electric power providers and individual households to allow both cons umers an d energy com pa nies to make more intelligent decision s regarding ene rgy cons um ption an d production. Information from smart grids would show utilities when to raise prices when demand is high and lower th em when demand lessens. Smart grids would also h elp cons u mers program h igh-use electrica l applia nces lik e h eating and air condition ing systems to reduce cons um ption du ring times of peak u sage. If implemented nati onwide, proponents beli eve, sm art grids would lead to a 5 to 15 percent decrease in energy cons um ption . Electricity grids are sized to m eet th e m aximum electricity n eed , so a drop...
Words: 2374 - Pages: 10
...Marketing a n d t h e Disclosure of Information 339 CASE 5. Kraft Foods Inc.: The Cost of Advertising on Children's Waistlines The room fell silent as Dr. Ellen Wartella, Dean of the College of Communications at the Univeristy of Texas at Austin, gave Kraft executives her opinions on a presentation they had just made regarding Kraft and advertising to children. Wartella characterized Kraft's online marketing as "indefensible" and concluded that Kraft's claim that it was not advertising to children under the age of six was "at best disingenuous and at worst a downright lie."1 The executives in the room were visibly shaken by her comments. In late 2003, Kraft formed the Worldwide Health & Wellness Advisory Council, comprising 10 nutritionists and media experts, including Wartella, to investigate allegations that Kraft had been knowingly advertising unhealthy foods and to help address the rise in obesity, among other health issues. The pressure for Kraft to review its advertising policies came amidst increasing criticism from congressional panels, parent groups and other concerned citizens, that food corporations, such as Kraft Foods and McDonald's Corporation, have been knowingly targeting young children (up to age 12) in their advertising campaigns. The concern surrounding childhood obesity stems from statistics showing a 200 percent increase in childhood obesity since the 1980s. Between the 1960s and the 1980s, the percentage of overweight children hovered around 6 percent...
Words: 4252 - Pages: 18
...Case study: Zara, Fast Fashion from Savvy Systems Introduction The poor, ship-building town of La Coruña in northern Spain seems an unlikely home to a tech-charged innovator in the decidedly ungeeky fashion industry, but that’s where you’ll find “The Cube,” the gleaming, futuristic central command of the Inditex Corporation (Industrias de Diseño Textil), parent of game-changing clothes giant, Zara. The blend of technologyenabled strategy that Zara has unleashed seems to break all of the rules in the fashion industry. The firm shuns advertising and rarely runs sales. Also, in an industry where nearly every major player outsources manufacturing to low-cost countries, Zara is highly vertically integrated, keeping huge swaths of its production process in-house. These counterintuitive moves are part of a recipe for success that’s beating the pants off the competition, and it has turned the founder of Inditex, Amancio Ortega, into Spain’s wealthiest man and the world’s richest fashion executive. Figure 3.1. Zara’s operations are concentrated in Spain, but they have stores around the world like these in Manhattan and Shanghai. The firm tripled in size between 1996 and 2000, then its earnings skyrocketed from $2.43 billion in 2001 to $13.6 billion in 2007. By August 2008, sales edged ahead of Gap, making Inditex the world’s largest fashion retailer.[1] Table 3.1 compares the two fashion retailers. While Inditex supports eight brands, Zara is unquestionably the firm’s...
Words: 5484 - Pages: 22
...Hennes & Mauritz (H&M) was the second-largest specialty apparel retailer in the world. Sales for fiscal 2012 were $18.1 billion, up 11% from the previous year, and operating profits were $3.3 billion, up 8.3%. H&M operated 2,776 stores, 93% of them outside its home base of Sweden. Over the previous decade, revenues had grown 15% per year and operating profits, 18%. Although Gap, Inc. (Gap) began the millennium as the clear global leader in the apparel retail market with sales more than four times larger than those of H&M, H&M had grown quickly and passed Gap in 2009. However, Spain’s Inditex, with its fast-fashion chain, Zara, had done even better. It passed H&M in sales in 2005 and, by 2011, had also become more profitable. H&M had also lagged behind Inditex in supply pipeline speed, brand diversification, online retail presence, and expansion into China. Meanwhile, the world’s leading hypermarket chains, including Wal-Mart and Tesco, were making significant headway in apparel. In 2012, CEO Karl-Johan Persson, grandson of the company’s founder Erling Persson, promised increased expansion into underdeveloped markets, a stronger push to online retailing, and the launch of a major new retail brand. He noted, “We are looking forward to an exciting 2013 full of new opportunities. We have great respect for the macroeconomic climate and how it may affect consumption in many of our markets, but we believe strongly in our offering and are convinced that H&M will continue to...
Words: 8569 - Pages: 35
...Caucus groups, independent groups of Xerox employees dating from the 1960s, play an important role in our diversity story. These caucuses, similar to networking and affinity groups, are instrumental in advocating openness, opportunity and inclusion for the entire Xerox community. They work with management to achieve common business objectives, self-advocacy and to create an environment of inclusion. Six caucus groups currently exist to address the concerns and meet the needs of employees who are African-American, Hispanic, Asian, women, African-American women, gay, lesbian, transgender and bisexual. Through executive roundtables, our CEO and other senior leaders meet with diverse teams of Xerox employees, often representing one of our caucus groups. During these informal sessions, participants share their views on Xerox’s work environment and business concerns, and identify actionable items for discussion with Xerox’s senior team. The process ensures that the executive leadership team and the CEO are working together to resABSTRACT. Currently, an increasing number of organizations are attempting to enhance inclusiveness of under represented individuals through proactive efforts to manage their diversity. In this article, we define diversity management against the backdrop of its predecessor, affirmative action. Next, selected examples of organizations that have experienced specific positive bottom line results from diversity management strategies are discussed. The...
Words: 9246 - Pages: 37
...List of International Journals Sr. No. | Name of Journals | 01 | Asian –African Journal of Economics & Econometrics | 02 | Business Barron | 03 | Economist, The | 04 | Financial Executive | 05 | Focus: The International Journal | 06 | Fortune | 07 | Harvard Business Review | 08 | Indian development review: An International Journal of development Economics | 09 | International Journal I.T. & Knowledge Management | 10 | International Journal of I.T. & Library science technology | 11 | International Journal of Reliability & Quality Performance(IJRQP) | 12 | International Journal of Advanced Research in Management & Technology | 13 | International Journal of Applied Business & Economics Research (JABER) | 14 | International Journal of Asian Management & Finance | 15 | International Journal of Business Intelligence & Management (IJBIM) | 16 | International Journal of business Management Economics & I.T. | 17 | International Journal of Business Statistics & Finance | 18 | International Journal of Contemporary Issues in management | 19 | International Journal of Data analysis & Information System (IJDAIS) | 20 | International Journal of Decision Making is supply chain & Logistics | 21 | International Journal of Decision Science (IJDS) | 22 | International Journal of Digital Libraries & Knowledge Management | 23 | International Journal of Entrepreneurship & Management Research...
Words: 640 - Pages: 3
...Starbucks a Strategic Analysis Past Decisions and Future Options 1 Contents Introduction ......................................................................................................................... 4 Michael Porter’s 5 Forces Analysis (Past) .......................................................................... 7 Industry Rivalry ............................................................................................................................ 8 Potential for new entrants ........................................................................................................ 10 Substitute Products ................................................................................................................... 12 Bargaining Power of Buyers ...................................................................................................... 13 Bargaining Power of Suppliers................................................................................................... 14 Summary: The Five Market Forces in Specialty Coffee in 1987 ..................................... 15 Specialty Coffee Industry Attractiveness.......................................................................... 16 Starbucks’ Original Generic Strategy ............................................................................... 19 Starbucks’ Success Factors ............................................................................................... 22 First-mover...
Words: 4868 - Pages: 20
...The failure of banks can always be prevented by numerous ways. The main technique is to establish the system of regulation in order to reduce the risk of bank failing. With the regulation, the banks would be authorised on the basis of meeting minimum standards, and will continued to be supervised to ensure that certain standards or requirements are maintained. This would instill more confidence to the economic actors.[1] The risk of the banks become poorly capitalised, fraudulently or incompetently run compared to if no system of external regulation were take place will be lower. Unfortunately, the regulation does not perform well as an alternative for the regulation by the market, nor replace the need for management to take prime responsibility for bank’s activities. As time goes by, there has been increasing recognition of both the limitation of regulation and its role. [2] Perhaps, the market discipline will play a greater role in financial and to bring benefits in future. Nevertheless, an effective system of regulation still play an important role in minimising the risk of bank failure and to maintain consumers’ confidence in the banking system. Banking Regulation: Objectives and Rationales The main objectives of banking regulation are to protect the investors and provide prevention of bank failures and depositor runs as well as minimisation of the risk of contagion that these may create.[3] The term regulation is used in a broad sense, Goodhart used it to refer to the...
Words: 3230 - Pages: 13
...Calculators, lemmings or frame-makers? The intermediary role of securities analysts Daniel Beunza and Raghu Garud Introduction As Wall Street specialists in valuation, sell-side securities analysts constitute a particularly important class of market actor.1 Analysts produce the reports, recommendations and price targets that professional investors utilize to inform their buy and sell decisions, which means that understanding analysts’ work can provide crucial insights on the determinants of value in the capital markets. Yet our knowledge of analysts is limited by insufficient attention to Knightian uncertainty. Analysts estimate the value of stocks by calculating their net present value or by folding the future back into the present. In so doing, they are faced with the fundamental challenge identified by Frank Knight, that is, with the difficulty of making decisions that entail a future that is unknown. These decisions, as Knight wrote, are characterized by ‘neither entire ignorance nor complete . . . information, but partial knowledge’ of the world (Knight, [1921] 1971: 199). The finance literature has not examined the Knightian challenge faced by analysts. Indeed, existing treatments circumvent the problem by adopting one of two extreme positions. In the first, put forward by orthodox economists, it is assumed that Knightian uncertainty is non-existent and that calculative decision-making is straightforward. Analysts are presented as mere calculators in a probabilistic world...
Words: 12718 - Pages: 51
...Burch, L. M. (n.d.). Journal of Broadcasting & Electronic Media. Retrieved March 24, 2016, from http://www.tandfonline.com/loi/hbem20#.VvS04RasIlI Introduction- In the critical analysis “Kissing in the Carnage: An Examination of Framing on Twitter During the Vancouver Riots” by Lauren M. Burch, Evan L. Frederick & Ann Pegoraro; it was certain that the biggest hockey game of the National Hockey League season had been occurring, but the riot it has spawned in Vancouver makes it look like something far more politically charged may be the cause. In the introduction of the text it states “On June 15, 2011, more than 150,000 fans assembled on the streets of Vancouver to watch game seven of the Stanley Cup Finals between the Vancouver Canucks and the Boston Bruins. Within minutes of the Canucks loss, a riot began. One aspect that made this event unique was that it was documented on Twitter” this would clearly indicate that there was a relationship between the fans knowledge of the current affair which was the hockey game and the Literary review-RQ- 1. Is there a relationship between social media use and KNOWLEDGE of current affairs? 2. What is the relationship between social media use and knowledge of stand your ground law? 3. What is the relationship between social media use and attitude toward stand your ground law? Methodology- In the text it is stated that Twitter is a fairly new medium within the sport communication scenery; a growing body of literature...
Words: 6731 - Pages: 27
...W hat's the Buzz on S mart Grids? CASE STUDY h e existing elec trici ty infras truct ure i n t h e Un ited Sta tes is outda te d and in effici ent . En ergy com pa n ies p rovide power to con su m ers , but th e grid pro vides no i nfor m ation abo ut ho w th e con su me rs are usin g th at energy, m akin g it difficult to develop m ore efficie nt approache s to distribution . Also, t h e curre nt elec tric ity grid offers few ways to h andl e pow er p rovided by alte r na tive e nergy sources, wh i ch a re critical com po ne nts of mo st e fforts to go "gre en ." E nter th e s mar t grid. A s mart grid deliv e rs elec tric ity fro m supplie rs to cons u me rs u sing digital te chnol ogy to save ene rgy, r edu ce costs, a n d increase reliability and trans paren cy. T he s m art grid enables in formation to flow ba ck a nd f orth b etwe en e lectric pow er p roviders a n d individual hous eholds to allow b oth cons u me rs an d e ne rgy com pa n ies to m a ke m or e i nt elligent d ecision s regarding ene rgy cons um ption an d p rodu cti on . I nfo rmation from s ma rt grids would show utilities w he n to raise prices w h en d emand is high a nd low er th em w he n d em and less ens . Sm art grids would also h elp c ons u m ers program h igh-use e lec trica l applia nces lik e h ea tin g a nd a ir condition ing syst em s to r edu ce cons um ption du r in g t im es o f p eak u sage. If i mpl em ented nati onwide, p ropon ent s beli eve, sm a rt grids would lead to a 5 to...
Words: 3332 - Pages: 14
...THE COMMUNICATION OF WINDOW DISPLAY - H&M - UNIQLO YAN14434663 CHIH LING, YANG ABSTRACT This research presents a comparison of the window displays in two different high-street fashion retail brands. H&M is one of the best-known western fashion retailers, while UNIQLO is a fashion retail brand from Asia which has successfully accessed the western market. This research will focus on these two brands’ different visual merchandise strategies and their window layouts during different periods. The results show how these two fashion brands from different cultural backgrounds convey their message to customers. INTRODUCTION The designer creates the product, while visual merchandising gives the product new life. In the sales terminal, window displays not only deliver the brand culture to the customer, but they are also responsible for increasing sales for the company and attracting potential customers. In an aesthetic point of view on display throughout the product content, value and performance, but also presents the brand itself. The purpose of visual merchandising is to promote the store image—to let people know what the store is, where it stands on fashion trends, what one can expect from it, to whom it appeals, its price range, and the caliber of its merchandise and merchandising (Martin M. Pegler 2012, p.3). Nowadays, the high-street fashion market has become more competitive, and every fashion brand has its own brand identity, so it is important to...
Words: 3973 - Pages: 16
...Analyzing Managerial Decisions: Leaving New York City for the Farmlands of Illinois by HCM-540, MBOL5, Health Care Organization Instructor: Saint Leo University Distance Learning November 17, 2013 Abstract An investment banker has a steady job in the city of New York and is pondering making a move to the farmlands of Illinois to begin producing ethanol. The Wall Street Journal has publish a recent article about the federal government’s plan to increase the use of corn-based ethanol as a resource to fuel more plants. It is believed that new laws and regulations will be in favor of producing ethanol. Land can be bought at a fixed price with savings of $800,000. The voices of colleagues are making positive suggestions to follow the promise of fortune but without any foundational data. When considering making a entry into the market of ethanol, the banker should consider several things such as market structure and creating value. This paper examines the proposed decision of the banker to pursue entry into the ethanol industry. After reading this paper, readers will have a better understanding of what to consider when entering a new market. Introduction Before making a business, careful thought should be given so that risks and reward decisions can be made to minimize cost. Startup cost, opportunity, and value are some things that need to be considered. The advice of the co-workers is friendly advice but not good business advice to make a decision. It is...
Words: 1239 - Pages: 5
