1685 words - 7 pages
EXECUTIVE SUMMARYTerry Johnson, a native of Longmont, Colorado established the MiniScribe Corporation, a disk drive manufacturing company that would grow to be one of the largest producers and distributors of disk drives for personal computers in America.This report focuses on relevant facts and figures in the evaluation of MiniScribe's liquidity, profitability, and overall stability aiming to determine whether or not maintaining its stocks on the Alexander and Ferris brokerage firm's "Buy" list is a practical action. The primary methods of analysis include the assessment of various liquidity and efficiency ratios together with quarterly statements of cash flow for 1988 which can be found
VIEW DOCUMENT
793 words - 4 pages
UPS served all of the continental United States.In the late 1970s and early 1980s Federal Express Corporation began taking away business from UPS by specializing in overnight deliveries with airplanes. UPS began offering a similar air-delivery service in the early 1980s and invested heavily in technology and aircraft. The company also expanded its presence in the international shipping market. In 1991 the company shifted its headquarters to Atlanta.III RECENT DEVELOPMENTSIn 1996 UPS donated its services to transport the ailing killer whale Keiko, star of the 1993 movie Free Willy, from an amusement park in Mexico City to an aquarium in Newport, Oregon. The company used a C-130 Hercules plane
VIEW DOCUMENT
520 words - 3 pages
Harold ZieglerFilbertKnowledge, Reality, and SelfSeptember 17, 2014The Ring of Gyges is a magical artifact that would grant its owner the power to become invisible at will. What this is basically a metaphor is the question of whether or not people would still be moral if there was no fear of being caught or punished. This is related to The Corporation in that, at least in my opinion, giant corporations would not be moral or follow the rules if there was no fear of punishment because they all have their own 'corporate agendas' and, typically, are so driven to be successful and make money at any cost.When Thrasymachus claims that "justice is the advantage of the stronger" and, in conjunction
VIEW DOCUMENT
1844 words - 8 pages
TABLE OF CONTENTSI.Introduction1II.Key Issues2III.Recommendations6IV.References7I.IntroductionHospital Corporation of America (HCA) is propriety, hospital management company founded in Nashville, Tennessee in 1968 with only one, 150-bed hospital and then grew to become the nation's largest hospital management company. As of 1981, HCA owned or managed 349 hospitals in the United States and overseas.During the 1970s, HCA achieved its growth by acquisition of existing hospitals and construction of new ones. During the period of 1968-1981, it constructed 70 new and replacement facilities and acquired or leased the remaining 279 of its hospital. Each year HCA evaluated many potential
VIEW DOCUMENT
594 words - 3 pages
Brief SummaryFrom Intel's beginning in 1968, the company strategy was to "push the envelope of product design and to be the first to market with the newest devices." By 1973, the company had the world's best selling semiconductor product (1103 DRAM chip). From 1979 into the 1980's the industry began to change as competition became fierce and the PC market began to take hold. Intel executives later made a dramatic decision to exit the DRAM business and focus resources on the Intel invented microprocessors. In January 1997, Intel was ranked among the top five American companies. For the most part, Intel's success had been due to its microprocessors. Notwithstanding the company's remarkable
VIEW DOCUMENT
434 words - 2 pages
The lives of two men in one instance of their lives is as great as any other moment. At MITS corporate locale in Albuquerque, Paul Allen loaded the team's code onto the Altair. On the second try, the system booted and worked as planned. Bill Gates and Paul Allen moved to Albuquerque to help MITS with the Altar. In April, 1975, Gates and Allen founded the Microsoft Corporation in Albuquerque, New Mexico. Microsoft would sell its BASIC system to MITS, NCR and Intel. It was much cheaper for these companies to buy Microsoft's software than to write their own. Gates and Allen hired high school friends to help with Microsoft's expansion.The expansions of personnel lead to the development of a
VIEW DOCUMENT
5259 words - 22 pages
Problem Solution PAGE \* MERGEFORMAT 1
Problem Solution: Gene One CorporationToshira D. McCoyUniversity of PhoenixProblem Solution: Gene One CorporationBiotechnology refers to "techniques that use organisms or their cellular, subcellular, or molecular components to make products or modify plants, animals, and micro-organisms to carry desired traits" (Paugh et al, 1997, page 9). The biotechnology industry has developed dramatically throughout the decades. Companies, such as Amgen and Gene One, have been recognized for its developments of drugs and produce through genetic research. Gene One specializes in the creation of produce without use of pesticides. Consumers can enjoy products, such
VIEW DOCUMENT
508 words - 3 pages
General Electric Company is a diversified industrial corporation engaged in developing, manufacturing and marketing a wide variety of products for the generation, transmission, distribution, control and utilization of electricity. Over the years, GE has developed or acquired new technologies and services that have considerably broadened the scope of its activities. These activities will ensure continuous growth for the future. The Company's business is divided into the following segments: Aircraft Engines, Commercial Finance, Consumer Finance, Consumer Products, Equipment Management, Insurance, Power Systems and NBC. GE operates in more than 100 countries and employs more than 315,000
VIEW DOCUMENT
529 words - 3 pages
Six Sigma is defined as a statistical term that refers to 3.4 defects only per million processes undertaken by, or products made by, a company. This focus on product quality leads to lowered costs of operation for the company. Lower costs ultimately lead to higher profit margins. Six Sigma is the benchmark-Four Sigma is average.A successful Six Sigma program must start with the CEO of a corporation. The CEO must express their personal vision, provide steady and enthusiastic leadership, and assess results and reward participants. Management must have a vision of where the company is going that is clearly communicated to every employee at all levels of the organization. A small number of key
VIEW DOCUMENT
770 words - 4 pages
What area of contract law did you choose?Corporate and commercial - Illegal contractsWhich court is the case in?Alberta Queen's BenchIs it a trial decision or appeal?It is a trial decision.What are the facts about the case? (Provide an accurate summary)The plaintiff, Mr. McCardell purchased a used Mercedes Benz from an individual who used his corporation as a front. When the plaintiff was negotiating the purchase of the car, he thought that the defendant, Aldo Tisi owned the vehicle. Aldo Tisi is the director and sole shareholder of the corporate defendant, Tisi Holdings Co. Inc. The plaintiff drove the car for about 2 months and then he found out that the car was not in mint condition and
VIEW DOCUMENT
1571 words - 7 pages
Microsoft Antitrust Case Study AnalysisThe Microsoft Corporation is a worldwide company providing a variety of different software products and services. Microsoft maintains internet sites as well as develops computer hardware and programs. Microsoft is the largest supplier of computer software in the world (Reinhardt, 2006). They are known for products like Windows XP, Microsoft Office and Microsoft Visual Studio.NET. The Microsoft Corporation also provides products and services for governmental agencies and organizations (Reinhardt, 2006). This corporation has thrived on its ability to develop such innovative software and yet has become known for stable and reliable operating systems for
VIEW DOCUMENT
806 words - 4 pages
Nike: The Sweatshop DebateMGT/448IntroductionThere are many issues that a corporation has to take into consideration when going global. There are legal, cultural, and ethical challenges that have to be dealt with. There are issues that will arise that will require the host government and the corporation to work together to resolve them. A strong strategic and operational plan in place will help the global managers to be successful in these other countries. Specifically this paper will review how Nike handled these issues in the, The Sweatshop Debate case.Global Business ChallengesWhen a corporation decides to become a global entity it requires research into the legal, cultural, and ethical
VIEW DOCUMENT
290 words - 2 pages
Ethics can be defined as a process of evaluating actions according to moral principal of values throughout the centuries people were trying to choose between profit and moral, perhaps, some of them obtain both. Those issues concern fairness, justice, rightness or wrongness; as a result it can only be resolved According to ethical standards. Ethics can be defined as a process of evaluating actions according to Moral principal of values. Setting the ethical standards for the way of doing business in corporation is primarily task of management. To be able to keep the ethical standards management must follow the law due to the fact the ethical codes of corporations that that get so important
VIEW DOCUMENT
382 words - 2 pages
foreign countries via different strategies, such as Greenfield investment or merger and acquisition. Discuss the pros and cons of the two strategies.Discuss the opportunities and threats globalization poses on companies and governments.Describe different mechanisms through which foreign direct investment makes impact on host country economic development.What is the key difference between vertical and horizontal FDI? How does research measure the two concepts? What are the host country attributes that attract vertical and horizontal FDI respectively?Describe the main mechanisms of coordination and control in the multinational corporation and compare these to those of a domestic company.Critically
VIEW DOCUMENT
7199 words - 29 pages
would take their time getting accustomed to having a Target store in Japan and can negatively impact budget and income. The trend would be that the Japanese economy would be challenged with current and social concerns of their culture. Finally, the weakness would be that Target would have to understand the Japanese culture and integrate this into the Target store.Rational selecting target countryDeciding to incorporate a major business into a foreign country can be risky. Target Corporation took a risk to develop a retail store in Japan. Risk Management policy strives to identify the major risk factors. The first Target management team for the new store in Japan must take the special
VIEW DOCUMENT
595 words - 3 pages
Strategic Management ProcessStrategic Management ProcessMGT/498Letesia PooleSeptember 1, 2014University of PhoenixInstructor: Margaret FriseStrategic management is a set of managerial decisions and actions that determines the long-run performance of a corporation. The primary components of strategic management consist of four phases which consist of the following: basic financial planning, forecast based planning, external oriented planning, and strategic management. This process is all about driving the company's growth through effective management techniques focused on goal-setting.The financial planning phase consists of managers within the firm proposing an annual budget while halting
VIEW DOCUMENT
657 words - 3 pages
and correcting problems with software and continually setting and reaching long-term goals. Gates is such a charismatic leader and so extraordinary in his strategic insight that his subordinates idolize him and want to be like him. Gates uses extraordinary discretion when hiring applicants to work for Microsoft. He wants to ensure that every single person shares the same prospectus for the corporation, yet in their own way, have personal beliefs that they are willing to stubbornly stick to. His aim is not to create clones within the organization, but to stockpile it with as much imaginative genius has possible. Bill Gates is moody and if you backed down from Bill, he wouldn't have respect for
VIEW DOCUMENT
503 words - 3 pages
Most modern organizations follow one of five organizational structures.These structures are simple, functional, divisional, matrix and network. Acorporation may also use any combination of the five structures to supportshort to long term strategy.According to Wheelen and Hunger, simple structure has nofunctional or product categories and is appropriate for a small company,such as a sole proprietorship. Functional structure is appropriate for amedium-sized firm with several related product lines in one industry.Divisional structure is appropriate for a large corporation with manyproduct lines in several related industries. In matrix structures, functionaland product forms are combined at the
VIEW DOCUMENT
1210 words - 5 pages
IntroductionThe company chosen for this paper is McDonald's Corporation (McDonald's) and the product under consideration is the Big Mac™ sandwich. The discussion will focus on how McDonald's can meet their objective to increase company revenue using the economic concept of "Price Elasticity of Demand" to determine whether to increase or decrease the price. Next, consideration is placed on how the concept of "Income Elasticity of Demand" can be used to predict how the demand for the product would change with regard to a change in income of the customers. Finally, a presentation of the results of our research in the MarketLine Business Information Center database at the University of
VIEW DOCUMENT
1068 words - 5 pages
Aid to Dependent Corporations It seems people are quick to criticize the welfare system in the United States. However, there is another form of welfare that few are aware exists. This type of corporate welfare, termed "wealthfare," by Chuck Collins, the author of "Aid to Dependent Corporations," benefits corporations and the wealthy. Mr. Collins mentioned some very interesting facts with which I totally agree. His article helped me to understand how the rich continue to get richer, all at the cost of the United States taxpayer. Chuck Collins brings out many instances of corporate wealthfare in his article. For example, since 1987, American Barrick Resources Corporation has
VIEW DOCUMENT
1112 words - 5 pages
each manager in the corporation by email. The email was addressed to all of the managers in the corporation, informing the managers of a historical global communication event that would be scheduled for our corporation; the event called Vision Day. The purpose of vision day was to enhance motivation of the employees in the organization while ensuring that each employee is committed to the vision and growth of the organization. This would be done in simulcast to more than 35,000 employees worldwide which was a first for the organization. Vision Day was the first opportunity for many Associates to learn more about the Mars Vision to Win and feel involved in it. Early on it became clear, that
VIEW DOCUMENT
506 words - 3 pages
Document 6, the bottles represented all the programs Roosevelt made. There were at least 20 bottles. In Document 7, there were 6,333 Projects made from the programs that help people. In Document 8, a chart of some programs was listed. Many helped the jobless like the CCC, Civilian Conservation Corps.Then, the New Deal had another part in it. It was to prevent another Depression like this one. They did this by setting up the FDIC, Federal Deposit Insurance Corporation. Many programs from the New Deal are still in today like TVA, Tennessee Valley Authority and SSA, Social Security Act. The New Deal's long-term effects are Social Security protects millions of Americans, high and low wages
VIEW DOCUMENT
476 words - 2 pages
social responsibility builds the loyalty and trust that ensure a bright and sustainable future. In a complex society, drawing closer together, organizations are increasingly open and visible. They are not just judged on their results but on their behavior too. By integrating corporate social responsibility as a core value in your business, you are not only making a significant contribution to a better society but, just as importantly, you are recognized for doing so. This has obvious benefits for the company. Corporate social responsibility can and should govern EVERY aspect of business life. The rewards, both for the corporation and the society at large, will be enormous.
VIEW DOCUMENT
467 words - 2 pages
Case Name, Citation, and Court Lns Investment Company, Inc. v. Phillips 66 Co.731 F. Supp. 1484 (1990) United States District Court Summary of the Key Facts A. Plaintiff was Compu-Blend Corporation which blended, labeled, and packaged quart plastic bottles of motor oil for defendant Phillips 66 Company.B. On July 29, 1986 Peter Buhlinger, defendant?s manager of lubricants wrote a letter to Dan Tutcher, plaintiff?s vise president.C. Letter stated that Phillips will buy plastic bottles from CBC and to take delivery of a maximum of 4 million bottles. Those bottles had to be made by December 31, 1986.D. Letter also stated that if CBC is not able to produce full 4 million quarts by December 31
VIEW DOCUMENT
421 words - 2 pages
Deuly EspinalFinancial analysis of W.T. Grant Company Let me start of by saying that W.T. Grant had an unreliable tracking system of their cash. The cash flow during the 10 years was very unstable. The year that the liquidity problems start surfacing the most is 1971. The Current ratio which is measuring current assets over current liabilities goes from 2.8:1 in 1970 to 1.75:1 in 1971. That is a big drop for a corporation to be losing current assets over current liabilities. Also, The Long term debt over capitalization is at its highest that year compared to the years before; Being a 30.2 as compared to the previous year of just a 10.6. The lower the long term debt over capitalization is
VIEW DOCUMENT
547 words - 3 pages
works (corporation, government, law firm, or self-employed). I was wondering what it cost to provide health insurance and other benefits to yourself, as well as secretaries and other employees.What is it like to set your own work hours? (Ups and downs)Stereotyping:Do you feel that lawyers are often stereotyped as being rich, and unfriendly, causing them to be disliked? If so, does it bother you?About 1 in 1000 people are lawyers. Do you feel as if there are too many lawyers in today's society?Small town law:Do you feel that practicing law in a small town limits your job opportunities? Do you think that lawyers are better suited to work in metropolitan areas? Is there enough work in Mifflin
VIEW DOCUMENT
406 words - 2 pages
Industry Analysis (Delta Airlines) June 16, 2001 Delta airline was founded in 1924 in Monroe, Louisiana. Delta airline is now a Delaware corporation headquartered in Atlanta, Georgia, where it has been since its relocation in 1941. Delta's mission is to build on traditions of superior customer service and to always meet customer expectations while taking service to even higher levels of excellence. Delta also has an added promise to provide value and distinctive products to their customers, which is a superior return for investors and challenging work for Delta employees in an environment that respects and values their contributions. Delta's current Chairman and CEO is Leo F
VIEW DOCUMENT
877 words - 4 pages
Untitled
Problem Formulation and Identification
University of Phoenix
Team D
Professor Kimberly Ramsawik
March 6, 2010 Kimberly Childs works for a huge oil company; the number of employees is 10,000+. Organizations such as this have teams who are devoted to solving problems and laying out strategies. The decision making model that is primarily used in this corporation is the 7-step decision making model. The steps are basically the same as the broader 5-step model, yet more detailed.
Initially the company had to identify their objective and that was to cut cost all across the board, especially in the United States. The subsidiaries in the states do not
VIEW DOCUMENT
997 words - 4 pages
solutions, evaluating alternatives, a solution is chosen, implementation and evaluation of the decision made (Bateman & Snell, 2003).
As Director of Human Resources and Payroll at a telecommunications corporation, I try to find business solutions to achieve optimal business practices for process management, from payroll to benefit administration. I started looking into software vendors that could handle the task of replacing our old payroll vendor with an in-house HRMS/Payroll system so the company could have better control and eventually to replace SAP (System Analysis and Program Development).
The identified problem was the lack of control the company had over our payroll processes with
VIEW DOCUMENT
1554 words - 7 pages
For many years Microsoft has played an important role in the computer industry. Microsoft has evolved into a great technological corporation that is used by millions of people with different ethnicities and backgrounds all over the world. Microsoft has unified many people from many different cultures on how to communicate with one another. There are four different types of control mechanisms to assist with the growing dynamics of Microsoft. They are budgetary, financial, market, and clan controls. Controls direct the activities of different individuals to assist with achieving the goals of Microsoft. After examining the different types of mechanisms and how they affects Microsoft in both a
VIEW DOCUMENT
614 words - 3 pages
COMPREHENSIVE PROBLEMDr. Harold Wolf of Medical Research Corporation (MRC) was thrilled with the response he had received from drug companies for his latest discovery, a unique electronic stimulator that reduces the pain from arthritis. The process had yet to pass rigorous Federal Drug Administration (FDA) testing and was still in the early stages of development, but the interest was intense. He received the three offers described below this paragraph. (A 10 percent interest rate should be used throughout this analysis unless otherwise specified.)Offer I $1,000,000 now plus $200,000 from year 6 through 15. Also if the product did over $100 million in cumulative sales by the end of year 15
VIEW DOCUMENT
8487 words - 34 pages
felt that professional help was needed in the ever-increasing complexity of the businesses. Also, distributed pattern of ownership necessitated a separation between the ownership and management. This then led to the problem of Principal/Agent conflict and agency costs, as the interests of the owners and the managers were often divergent. In this section, we discuss these concepts as they apply to corporates.1.1 Separate Legal EntityThe word "corporation" derives from the Latin corpus (body), representing a "body of people", i.e.: a group of people authorised to act as an individual.A corporation is a legal entity (distinct from a natural person) that often has similar rights in law to those
VIEW DOCUMENT
1064 words - 5 pages
, the government bought surplus crops in an effort to increase farm prices. He also adopted a few public works programs, such as the building of the Boulder Dam. Hoover also proposed the Reconstruction Finance Corporation to loan federal money to prevent bankruptcy. These efforts were remarkably similar to Roosevelt's Agricultural Adjustment Administration, Tennessee Valley Authority, and the Federal Deposit Insurance Corporation. However, Hoover was still considered a conservative by the public's during the Depression for two reasons. First, he passed only a few reform bills designed to end the Depression compared to the enormous amounts of legislation passed under Roosevelt's New Deal
VIEW DOCUMENT
1036 words - 5 pages
AbstractGeneral Motors Corporation achieved $186,800,000,000 in revenue for the year 2002. The internationally acclaimed automobile giant approaches the advertising efforts of its numerous brands on every imaginable front. From television, with over 10,000 commercials per week beamed to American households to magazines, newspapers to billboards, sporting events to concerts, game shows to reality shows and musical lyrics to monster trucks, General Motors Corporation spends $2.14 billion dollars on advertising and marketing definitely has the resources and ability to bring any of its products to the consumer forefront. GM's Hummer's H2, Chevy Trucks and the new Saturn VUE sport utility
VIEW DOCUMENT
901 words - 4 pages
effectiveness or efficiency is to conduct a kaizen. Kaizen is a Japanese term that means to take something apart and put it back together. The more American definition is to look at all the processes involved and to look for ways to eliminate any types of waste that there might be. Toyota Corporation is a company that has taken part in various kaizens to help with their processes. My former employer, Eaton Corporation, has also conducted various kaizens to try to improve some of their procedures that they have in place in various areas.If a company doesn't find ways to be efficient or effective, they will fall behind their competitors in their respective industries. It is very important for
VIEW DOCUMENT
2282 words - 10 pages
the people that they feel will help make political decisions that will benefit them. This is done through the many donations that are made to the campaign funds of those individuals. The other way is in the nature of the corporation. This is through the large amounts of capital that the success of the corporation of the is dependent on. In democracies, a person gets one vote. 'In the market one dollar is one vote, and you get as many votes as you have dollars. No dollar, no vote. Markets are inherently biased in favor of people of wealth' (66). This means that the market only recognizes money, not people. It gives no voice of the penniless, and when not balanced by constraining political
VIEW DOCUMENT
2389 words - 10 pages
Wendy's Franchising in ArgentinaA Case AnalysisBrief History and Overview of the Company:Wendy's is a chain of fast food restaurants based in Dublin, Ohio and owned by the American corporation Wendy's International, Inc. There are over 6,600 Wendy's restaurants worldwide.The chain is famous for its chili. Also, it is known for its Frosty dairy desserts, the fact that their burgers are square and made from fresh (as opposed to frozen) ground beef, and its making of all sandwich items to order. Unlike most fast food chains, Wendy's historically did not serve breakfast, except for stores in Puerto Rico. Wendy's tried serving breakfast in the mid-1980s, but the endeavor quickly failed.Wendy's
VIEW DOCUMENT
4550 words - 19 pages
partners are frozen which often creates major problems. As a result, partnerships also suffer from impermanence. A corporation, in my opinion, is the best option. Although filing for a corporation can become expensive and they are heavily regulated by the state, they have the ability to raise large amounts of capital. They have a long term existence, continuing to exist even when one of it's officers dies or resigns, large investment possibilities, easy withdrawal power and a specialized management making production easier and quicker. Best of all, corporations have limited liability, holding only the corporation itself liable to any debts or obligations and freeing all officers and their personal
VIEW DOCUMENT
1438 words - 6 pages
dealers in parts of Southern California. (Answers Corporation, Mexican Mafia 2006)Prison officials feel that the Mexican Mafia is responsible for the majority of the narcotics within the prisons. The Mexican Mafia are centered around drug trafficking, extortion, pressure rackets, and internal discipline. The Mexican Mafia uses killing as a means of discipline or gaining respect. Mexican Mafia killings are extremely gruesome and calculated to establish fear and intimidation.MembershipTo become a member, the Mexican Mafia requires a vote of three members or a murder of an existing member and you must be Mexican-American. The group does not require a vote for a member to kill a nonmember. There
VIEW DOCUMENT
590 words - 3 pages
Hamburger University is McDonald's worldwide management training center located in Oak Brooks, Illinois. Designed exclusively to instruct personnel employed by McDonald's Corporation or employed by McDonald's Independent Franchisees in the various aspects of the business. All training programs begin with one essential ingredient: The Basics of McDonald's Operations.Founded in 1961, Hamburger University's have come a long way since opening their first training facility. Since that time they have moved the university twice and watch the size of classes grow from an average size of 10 to more than 200 per class. Because of McDonald's international scope, translators and electronic equipment
VIEW DOCUMENT
554 words - 3 pages
would recommend downloading an anti-spyware program, such as SpySweeper or Adaware, and that should do the trick of getting rid of the spyware. A second alternative would be not to download programs from questionable websites, and not downloading and participating in P2P exchanges.Personally I have had experience with spyware on my own computer. That is when I decided to spend the money and get a reliable program that would eliminate that spyware. I backtracked my spyware problem to my significant use of quite a lot of P2P programs.Works Cited"Server Pipeline." What's The Difference Between Spyware And Viruses? . 04 Jan. 2005. CMP Media, L.L.C. 01 Mar. 2005"The different types of spyware." SkyCop L.L.C. 01 Mar. 2005 .What you can do about spyware and other unwanted software. 05 Jan. 2005. Microsoft Corporation. 01 Mar. 2005 ."What is adware?." Internet.com. 01 Mar. 2005 .
VIEW DOCUMENT
529 words - 3 pages
one that is best suited for their specific needs. You can change it directly, have both systems run at the same times, convert system gradually in groups, or just implement it in one department first to see if it is reliable. After you have finished implementing or installing the new system, all that is left is maintaining it . This is the maintenance and final step of SDLC. This step is used to correct fault, improve performance and adapt to changes that may occur in the near future. Overall SDLC is a serious project that is natural way of life for a corporation or establishment every few years. If you take your time and follow the basic steps things can only get better.
VIEW DOCUMENT
499 words - 2 pages
plane of the Super70s. However, it was widely in use then and Nixon flew to China on one. The 707 is perhaps the most important plane in civilian aerospace history. It was the first successful jet and put the Americans in a leadership role that is only now being challenged by the European consortium known as Airbus. The "jet age," when airplanes first started using turbine- jet rather than propeller-based engines, can be dated to the efforts of the Germans in World War II. But it was not until the 1950 test flights of the remarkable Comet that jet travel by civilians became a reality. In April of 1952, the first Comet was delivered to British Overseas Airways Corporation (BOAC). On May 3rd
VIEW DOCUMENT
742 words - 3 pages
General Electric Company is a diversified industrial corporation engaged in developing, manufacturing and marketing a wide variety of products for the generation, transmission, distribution, control and utilization of electricity. As a result of acquisitions, divestitures and reorganizations, GE continues to be one of the top 15 Fortune 500 Companies.GE describes itself as composed of a number of primary business units or "businesses." Each "business" is itself a vast enterprise, any of which would, even as a standalone company, rank in the Fortune 500. The Company's "business" is divided into the following segments: Aircraft Engines, Commercial Finance, Consumer Finance, Consumer Products
VIEW DOCUMENT
744 words - 3 pages
CompensationEmployees must believe they have the ability and resources to meet the performance standards. For rewards to be motivating, employees have to believe they can earn them. If SMC was to implement one of the choices of incentive pay below the corporation could benefit from the satisfied workers and increased productivity. Incentive pay is a form of pay linked to an employee's performance.Types of Incentive Pay definitionPiecework rate A wage based on the amount workers produceDifferential piece rates Incentive pay, which the piece rates, is higher when a greater amount is produced.Merit pay A system of linking pay increases to ratings on performance appraisals.Gain sharing Group incentive program
VIEW DOCUMENT
592 words - 3 pages
Toyota Corporation is planning on establishing a new business unit in the automobile industry. Toyota is looking into the hybrid vehicles versus the standard gas vehicles. Toyota understands the need for vehicles; however we are at the mercy of other countries to supply the United States with the amount of gasoline Americans consume. Therefore instead of looking at other ways of obtaining gasoline Toyota has redefined their vehicles to be dependent upon electricity.
The hybrid vehicle concept has been around since November 23, 1905 (Hybrid.com), which indicated an electric motor would augment a gasoline engine. However, the vehicle acceleration was from zero to the 25 miles per hour in
VIEW DOCUMENT
603 words - 3 pages
Economics Discovering The Business World PETRO-CANADA On July 30, 1975, the Petro-Canada act was passed in parliament to create a Crown corporation. This company was established in order to bring Canada into the oil producing market, and make use of Canada's abundance of natural resources. In 1984, the Conservative government told Petro-Canada to focus on going about business in a "solely commercial manner, focusing on profitability."(see: Petro-Canada, Our History). In 1991, the federal government privatized the company. That is the company's management structure as it is today, with Ron Brennman as CEO and president (appointed in 2000).Petro-Canada's objectives include the exploration
VIEW DOCUMENT
613 words - 3 pages
Title Act 1993 (Cth). The second stage involved the establishment of the Indigenous Land Corporation. The third stage involved CAR and ATSIC finding out the non-land aspirations of Indigenous Australians. There has been little action to implement the recommendations made from this report.The political divisions, which followed the Mabo Decision, led to the establishment of many citizen groups including the Australians for Native Title and Reconciliation (ANTaR). ANTaR is an independent network of organizations who support reconcilaiton and justice for Indigenous Australians. ANTaR initiated the Sea of Hands in which over 250000 Australians have signed plastic hands, calling for
VIEW DOCUMENT
1337 words - 6 pages
are involved in for the community, educational alliance every year all company operated service stations apply for a $500.00 educational alliance check to be given to a local school as well as each and every employee of the corporation may volunteer in their community to a non profit organization and get a $500.00 check to be given to the non profit organization every quarter. I feel as an employee of this company that their public relations department lacks in the area of communicating to the consumer, public, and employees. There are many benefits offered by ExxonMobil that we as consumers and employees are not aware of.Wal-MartWal-Mart by far is one of the biggest organizations in the
VIEW DOCUMENT
1129 words - 5 pages
share regulatory responsibilities among three agencies: the Occupational Safety and Health Administration (OSHA), the Occupational Safety and Health Review Commission (OSHRC), and the National Institute for Occupational Safety and Health (NIOSH). OSHA is the agency within the Department of Labor responsible for the delivery and enforcement of workplace safety standards through inspections, citations, and court actions.The case of Whirlpool Corporation versus Marshall resulted in a demonstration of the rule making power and authority that the secretary of OSHA has over employers. The legal precedent set in motion by this case, empowered employees to make sound judgment decisions about their
VIEW DOCUMENT
