STRATEGIC DIRECTION Identification In 1994, John Chambers, a CEO of Cisco, defined the company’s mission as to "shape the future of the Internet by creating unprecedented value and opportunity for our customers, employees, investors and ecosystem partners. " By the end of 1998, Cisco has become the worldwide leader in networking for the Internet. The company provided its customers with end-to-end enterprise network solutions, which in turn lead to cost savings, process efficiencies, and closer
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Overview of Organization: The organization that I will be doing my project on is Rabit Resources LLC. Rabit is a publically held organization that is in the Upstream and Downstream segment of the Oil & Gas Industry. Rabit main processes are fractionation, wholesale and logistics. Rabit was formed in 2004 when it purchased two plants from Conoco Phillips. In late 2005 Rabit purchased the whole midstream division from Guilty Inc. With Rabit’s purchase of Guilty Midstream Services, Rabit
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The Certification that I chose to research was one that I knew nothing about, Certified Valuation Analyst. A Certified Valuation Analyst accreditation is a statement that an individual has attained a level of knowledge in business valuations. Once this level is reached, and the National Association of Certified Valuation Analysts (NACVA) considers this level worthy of recognition, one is then awarded the designation of Certified Valuation Analyst (CVA). To become certified by NACVA, the candidate
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Article Review The article I read deals with the opportunities that come from crisis’s such as environmental jolt, corporate acquisitions, and firm performance. William Wan and Daphne Yiu work demonstrates that firms can capitalize on the opportunities created by the changes in an environmental jolt. According to the Chinese crises are times of danger, but also times of opportunity. According to the article an environmental jolt is a change in resources available in the economy. When certain
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Culture and strategy Culture will inform and drive strategy. This can underpin success or cause difficulties. Newspapers are about news The top management team of a newspaper business had spent the morning in small groups analyzing the changes in the business environment they faced. They concluded that they faced many major challenges, including changing demographics, electronic media and the growth in free newspapers. Also over 70 per cent of their revenue was from the sale of advertising space
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2- Which factors explain the wave of mergers and acquisitions in the pharmaceutical industry? The pharmaceutical industry is a really special one, on the contrary of the most part of industries there is very few new products coming to market. Indeed, a lot of money and a really long time are necessary to come up with a new drug (about £500 million and 10years). Therefore, to fight against those expensive costs, mergers and acquisitions are really common in this market. Indeed by centralizing
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its objectives (e.g. A reduction in real cost, improved position within the industry for future growth), but there was no increase in shareholder wealth, maybe because the assets were overpriced. Indeed in the first few years after a merger or acquisition out-performing the other, more established, firms in the industry can be difficult. Currently almost all studies dealing with the failure and success of mergers have focussed on the shareholder value in the short term. REF. Indeed the few studies
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Career Development Plan Part II The merger between InterClean and EnviroTech is complete and now we must come full circle through training. The new sales team has been selected and ready to take InterClean and EnviroTech into the future. The new sales team is a combination of both companies’ employees; we have selected the best of the best who bring valuable experience and knowledge of the industry as well as knowledge of the products. In order for the sales team to be successful and reach their
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possibilities and the outcome of WorldCom’s fall as well as that of its CEO, Bernard (Bernie) John Ebbers. Contributions of Leadership Bernie Ebbers, CEO of WorldCom, impressed the business world with the fast growth and acquisition of small and larger companies. WorldCom, in the late ‘90s, was the nation’s second largest long distance company led by a man with a vision and drive for success. Bernie Ebbers showed skills of charismatic, effective interpersonal communication
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World War II through provision of alcohol for wartime supplies; rubber and gunpowder production. Throughout the years BFC made several acquisitions which proved to be profitable; Early Times, Jack Daniels and Southern Comfort to name a few. Through successful marketing relationships and investing in international alcohol distributing companies, the timely acquisitions, and BFC’s innovative efforts - developing a new whiskey in 1988 - as well as their ability to diversify via purchasing well-known global
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