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International Business Machines Corporation in

It is their responsibility to instill IBM's pride, motivation and clear perception and to inculcate a strong sense of responsibility in the entire workforce. IBM offers group life insurance (1934), survivor benefits (1935) and paid vacations (1936) to its employees and officers. Moreover, the Executive Compensation and Management Resources Committee is also governed by the board of directors and cannot decide on any matter independently without the consent of the board. (Report on Executive Compensation) Part III: Financial Status of International Business Machines Corporation According to the IBM Archives, the top management at the International Business Machines Corporation held stockholder's meetings in the year 2002 in the states of Louisville, Kentucky on Tuesday, April 30. In these meetings, the board of directors approved a total of seven- percent augmentation "of regular quarterly cash dividends" (IBM News). According to the JPMorgan Fleming American Investment Trust plc, the following percentage holdings of IBM rate as one of the largest holdings among giants like Pfizer, Microsoft, Citigroup, General Electric, AIG and Verizon. On 28 February 2003, it had 2.10% of the total holdings On 31 Jan 2003, it had 2% of the total holdings On 31 December 2002, it enjoyed 1.9% of the total holdings On 31 Oct 2002, it had 1.9% of the total holdings On 31 August 2002, it had 1.80% of the total holdings On 31 July 2002, IBM had 1.70% of the total holdings Thus the holdings of IBM kept decreasing until March 31, 2002 when the reports showed its holdings to be 2% of the total holdings in the United States industry. Hence from the above figures, it is evident that though there was marked reduction in the company's holdings, the year 2003 is expected to reap more benefits for the corporation. However, the holdings of IBM as recorded on 31 October 2001 were 2.30%, much higher than to date. Moreover, the revenue data from the 2002-year-end from continuing operations reveals the following valuable information pertaining to the financial status of IBM: 81.2 billion Net income $5.3 billion Total assets $96.5 billion Number of employees 315,889 Stockholders of record" (IBM News) Conclusion Hence from the above discussion, it is evident that IBM along with other names like Microsoft and Pfizer is basically responsible for the entire process of automation in all kinds of offices and at all levels as is suggested by Jupitermedia Corporation. Analyzing the financial status…

Pages: 5  |  Term Paper  |  Style: n/a  |  Sources: 0


International Business: Nike Corporation International

VIII. Competitors: Nike Corporations Top Competitors are LaCrosse Footwear, Inc., Brown Shoe Company, Inc. And Candie's, Inc. IX. Future Outlook: Nike Corporation has reported a record in future sales for the company for the first quarter of 2005. Recommendations: It is vital that Nike Corporation continue to make progress in reference to working conditions in the third-world country manufacturing plants as well as adjusting the labor costs to a range that is "fair" for the individuals employed by the Corporation. Nike shoes are traditional and are still the number one athletic shoe which, barring any disastrous public relations or business decisions on the part of Nike Corporation will likely be number one in the industry for some time to come. Bibliography: Nike Reports First Quarter Earnings Per Share up 23%; Worldwide futures orders increase 9.9% (2005) Jan Press Release for Immediate Release [Online] available at:: //www.nike.com/nikebiz/invest/pdf/q105.pdf Catherine Colbert (2005) Nike Inc. Hoovers [Online] available at: http://www.hoovers.com/nike/--ID__14254 -- /free-co-factsheet.xhtml Kasky V. Nike: Just the Facts (2004) Reclaim Democracy Website [Online] available at: http://reclaimdemocracy.org/nike/kasky _nike_justfacts.html 2004 Nike Corporation Annual Report (2004) available [Online] at: http://www.nike.com/nikebiz/invest/reports/ar_04/NIKE_2004_Annual_Report.pdf 2005 First Quarter Earning: Nike Reports First Quarter Earnings Per share up 23% Worldwide Future Orders Increase 9.9% http://www. nike.com/nikebiz/invest / reports/ar_04/NIKE_2 004_Annual_Report.pdf Kasky v. Nike: Just the Facts (2004) Reclaim Democracy available [Online] at: http://reclaimdemocracy.org/nike/kasky_nike_justfacts.html Reports by the Fair Labor Association (2004) available [Online] at: http://www.nike.com/nikebiz/nikebiz.jhtml?page=29& item=flareports Nike Corporation Website [Online] available at: http://www.nichols.edu/faculty/jowilliams/Student%20work/Nike%20Corporation.htm 2004 Nike Corporation Annual Report (2004) available [Online] at: http://www.nike.com/nikebiz/invest/reports/ar_04/NIKE_2004_Annual_Report.pdf 2005 First Quarter Earning: Nike Reports First Quarter Earnings Per share up 23% Worldwide Future Orders Increase 9.9%……

Pages: 6  |  Term Paper  |  Style: n/a  |  Sources: 0


E-Business Business to Customer E-Commerce, or B.

E-Business Business to Customer E-Commerce, or B. 2 C. As it is commonly known, is when companies sell products or services to the customer, over the Internet. Amazon.com, the online bookseller that launched its operations in 1995, and rapidly established itself as one of the most important retailers of books on the World Wide Web, and it is one of…

Pages: 4  |  Term Paper  |  Style: n/a  |  Sources: 0


E-Commerce When Conducting Business as an E-Commerce,

E-Commerce When conducting business as an e-commerce, with your main lines of sales and marketing being over the Internet and through email, there are many unique concerns that must be addressed prior to the business in launched. When the business plans to conduct business both domestically and internationally, these issues become even more complex. For instance, besides issues of how to set up your business, there are issues as to what law governs a transaction, the effectiveness of electronic contracts and the enforcement of warranty disclaimers. One of the first steps a start-up e-commerce business must take is to decide what type of business entity they want to be. One choice is the partnership, which is a form of business entity where partners (or the members of the business) share with each other both the business' profits and losses. The benefit of this type of entity is that the partnership structure eliminates the use of the dividend tax, which is a tax on the profits realized by the business owners. Instead, the partners are only taxed once, as individual taxpayers and thus the partnership itself is not taxable. However, in a general partnership, the individual partners are in charge of managing the business and thus can be held personally liable for their (and thus the partnerships) debts.……

Pages: 1  |  Term Paper  |  Style: APA  |  Sources: 2


Business Structures Corporation Business Structures

It is also very important to properly share profits with others, partners must decide how they must value each other's skills and time and to achieve something like this requires extreme amount of coordination and patience which is something not all partners might be willing towards. Because decisions are shared many disagreements could occur, partnerships are usually set for the longer term and if any dramatic change occurs in the business environment then it could lead towards a traumatic split up between the partners and this is something which McDonalds can not afford at all. Partnerships usually have many limitations which are due to the mutual agreements of their contracts, this could greatly affect the firm as it might hinder its prospects of becoming an even larger organization. It is also seen that partnerships have a limited life, it might even end because the death or withdrawal of a single partner, therefore in a sense it is also regarded as a very volatile structure of business. Therefore McDonalds could not risk to fully adopt the partnership model since the sudden absence of a single partner might hurt the overall business of the firm greatly. Now, since we have focused on the models of sole proprietorship and partnerships and have seen how they are not appropriate for McDonalds, let's focus on the corporation structure and see why it is the best model for our chosen firm. Corporation business structure A corporation business structure is created by law and is defined as a separate entity from the owners of the business i.e. The shareholders and stockholders. Here are some of its advantages. It has a lifespan which is completely independent from its shareholders or stockholders (owners), for a firm like McDonalds it is extremely important that it does not rely on a single person too much for its finances or different operations. It is also observed that the fringe benefits costs are usually tax-deductible. In corporations the personal assets are generally protected from business liability, this comes as a great advantage for the main owners of the business when the firm goes into severe losses. Another key advantage of corporate structure is that ownership is made transferable through sale of stock, here it is seen that in many cases when an owner is unable to carry on his duties or just want to quit then the stocks could determine the next potential…

Pages: 4  |  Essay  |  Style: n/a  |  Sources: 1


E-Commerce on Business Strategy the

The 21st century began with a dot-com bust as opposed to the dot-com boom of the late 1990s. It is estimated that 520 e-commerce businesses either stopped operating or declared bankruptcy in the years between 1999 and 2001. These closures and bankruptcies resulted in the layoffs of almost 100,000 employees, according to Fortune Magazine. Eventually, a number of e-commerce sites…

Pages: 16  |  Term Paper  |  Style: n/a  |  Sources: 0


Competitive Advantage and International Business

A good example of the clusers is the movie industry in Hollywood, the automotive industry in Detroit and biotechnology in Boston. This means that the company needs to find the right geographical area to invest in order to benefit. There are many reasons why these clusters arise such as availability of resources such as minerals, soil, port facilities, favorable weather,…

Pages: 6  |  Essay  |  Style: n/a  |  Sources: 9


Business Plan for a Financial

Therefore, CleanDivision will have to set new international strategies while setting up its business in new geographical locations. B4: Management Structure: The ownership of the CleanDivision business is in the hands of both the partners. Michael Kothakota is the majority shareholder in the firm with 51% shares whereas Mike Programmer is the second major shareholder with 49% shares. The Management…

Pages: 25  |  Business Plan  |  Style: n/a  |  Sources: 10


Establishing a Corporation it Is

Establishing a Corporation It is important to note from the onset that each and every state has its own unique requirements and set of rules when it comes to the establishment of a corporation. In this text, I will be seeking to incorporate a business in the state of Alabama. This I will be doing on the instruction of my clients -- Bob Smith and Allen Smith, who have asked me to file the documents necessary for the incorporation of an entity that will be involved in the purchase and sale of vintage American racing vehicles both within the U.S. And abroad. The very first step of incorporating a business in this particular state is selection of business name. My clients have in this case decided to call their business Brother's Automotive, Inc. The name selected in this case shall be unique and therefore distinguishable from any entity incorporated in this particular state. From the results of my search, the name selected by my clients is available, and hence it has not been used by any other registered business. It is important to note that like is the case in many other states, business entities seeking to incorporate in Alabama must make use of the recommended endings. These according to the Alabama SOS website (2014) include 'corporation' ('Corp.') or 'incorporated' ('Inc.'). The selected name is therefore in compliance with the relevant Alabama state laws. Specific Requirements for Formation The process of establishing Brother's Automotive, Inc. will begin on the successful filling of the certificate of formation. However, before that, I will be required to obtain a name reservation certificate (Alabama SOS, 2014). With regard to the filing of the certificate of formation, it is the county probate judge who will in this case forward to the Secretary of State a copy of the certificate (NOLO, 2014). Below, I briefly highlight some of the information I will be required to include in the said articles; Incorporators In Alabama, entities seeking to incorporate are allowed to have one or more incorporators. An incorporator in the words of Spadaccini (2007, p. 120) "is the person who organizes a corporation and files its articles of incorporation." This could hence be an individual or individuals who initiate an entity's incorporation process. In this case, the incorporators will be my two clients; Allen Smith and Bob Smith -- the owners of the business. With regard to…

Pages: 4  |  Corporate Documents  |  Style: n/a  |  Sources: 0


Computers and the Internet E-Commerce Proposal the

Computers and the Internet Internet e-Commerce Proposal The intent of this e-commerce proposal for PZE Puzzles is to first compare the e-commerce strategies of their three dominant competitors in the U.K. including Accolade Publishing, Clarity Media, and Puzzler. A competitive analysis of their three most competitive processes as they relate to their e-commerce strategies online are analyzed, followed by a…

Pages: 7  |  Business Proposal  |  Style: Harvard  |  Sources: 8


Corporation Definition a Business Entity Can Take

Corporation Definition A business entity can take the form of one of several legal organizations, each with its own advantages and disadvantages. The four basic business entities include sole proprietorships, partnerships, limited liability companies, and corporations. Furthermore, these companies can be divided into non-profit and for-profit organizations depending on the goals of the company. Corporations are unique in the way that they are structured and the power that the entity possesses, as opposed to other organizations. A sole proprietorship is run by a self-employed individual "who operates a trade or business where all the tax consequences fall to that proprietor, including liabilities, debts, profits, and losses" (RMS Accounting, 2001). A partnership requires that two or more people enter into a contractual agreement as to how the business is to be run and how profits and losses will be shared. While a partnership is a separate entity for tax purposes, the partnership does not pay taxes as it is "a form of a conduit where income, losses, credits, and certain deductions are passed along to the partners' tax situation instead" (RMS Accounting, 2001). Like a sole proprietorship, partners in this organization do not have liability protection. A limited liability company (LLC) combines features found in a partnership with those found in a corporation. In order for an organization to qualify as an LLC, it must incorporate at least two of the main components of a corporation such as continuity, centralized management, and/or transferability of ownership. A corporation can be defined as a "separate, legal entity formed through a state charter using articles of incorporation" (RMS Accounting, 2001). A corporation is authorized to perform all the basic business activities that an individual can perform "such as filing and paying taxes, signing contracts, and making loans" (RMS Accounting, 2001). Furthermore, a corporation is often formed through the issuance of stocks or securities, which help to generate revenue for the corporation. While a corporation can exist indefinitely and does not need to be dissolved after a management or ownership change, as a partnership could, it can be held liable for its actions and be prosecuted and punished if it……

Pages: 2  |  Essay  |  Style: n/a  |  Sources: 2


Impact of Big Data on Business Strategy

¶ … Big Data on Business Strategy Business Strategies The competitive nature of today's business environment is driving companies to use technology driven business strategies (Berman & Hagan, 2006, p.28). Big Data and technology are undoubtedly impacting on business strategy progression. The research indicates that Big Data offers real-time application, which allows businesses to move information to analytics tools from…

Pages: 20  |  Term Paper  |  Style: n/a  |  Sources: 18


Environmental Issues, Business Ethics Background

In addition, Lebanon lacks analogous regulatory elements that uphold ethics programs. Companies in the region focus on their initiatives that contribute towards the long-term sustainability of the company. Corporate integrity and ethics can also fall on this focus, but they hardly focused on it. The type of business here aims in moneymaking. The initiatives include good governance within the company…

Pages: 10  |  Research Paper  |  Style: APA  |  Sources: 5


E-Commerce Communications Electronic Commerce or

Types of internet-based EDI: Internet e-mail can be used in place of value added network to support the transfer of data in EDI. Alternatively, companies can create extranet systems through which trading partners can exchange information in web form, whose fields correspond to the fields in EDI messages. The third option is for companies to make use of the services…

Pages: 20  |  Term Paper  |  Style: n/a  |  Sources: 0


United Airlines

¶ … information technology help a company in competing with its rivals. It focuses on United Airlines and discusses its performance in the field of competition. The paper also discusses Porter's model of five forces according to the situation of the company and the industry. The paper also emphasizes on various systems and their applicability on the company. In the…

Pages: 7  |  Term Paper  |  Style: n/a  |  Sources: 10


E-Commerce Business

E-Commerce: Strategy and Considerations A SWOT team analysis can be incredibly useful to help highlight the goals and motivations of a particular business. When it comes to the task of taking my small business online to develop an ecommerce site, the potential benefits are indeed staggering. However, the online marketplace is a formidable environment and it's still important to consider…

Pages: 4  |  SWOT  |  Style: n/a  |  Sources: 4


Business Types Business Forms and Their Advantages

Business Types Business Forms and Their Advantages Sole Proprietorship: This enterprise is owned by one person and easiest to create by filing for a business license with a business name, and setting up a business checking account. The owner has full control of the business decisions and realizes all its profits and losses. His expenses include any salary he pays…

Pages: 6  |  Essay  |  Style: n/a  |  Sources: 1


Sociology History of Business Science

Delimitations Today, modern business systems help an increasingly globalized world function in seamless ways. In fact, English is rapidly becoming the lingua franca of the business world and transnational borders and cross-cultural factors no longer operate as major barriers to commerce. Further, a wide range of financial instruments exist such as letters of credit and bills of lading whose purpose…

Pages: 75  |  Research Proposal  |  Style: n/a  |  Sources: 20


Australian E-Commerce Website Evaluation of an Australian

Australian E-Commerce Website Evaluation Evaluation of an Australian E-Commerce Website For purposes of this analysis the Australian e-commerce website, Angus & Robertson (http://www.angusrobertson.com.au/b2c/init.do),aleading e-commerce website dedicated to reselling books throughout Australia and New Zealand is analyzed. This website successfully intermediates knowledge and content management features and applications including sophisticated search functionality in conjunction with a design that is aimed at intuitive navigation. As the site is focused on selling books over the Internet, the distributed order management integration to book wholesalers for purchasing in bulk then breaking down the inbound shipments to single unit shipment requires an intensive level of supply chain expertise and supply chain management expertise managed over the Internet (Kaarst-Brown & Evaristo 2004). Core Components of e-Commerce The content management system that the website is based on requires a high degree of integration between the supplier, publisher, pricing, and Angus & Robertson accounting systems to make sure an accurate financial reporting of all transactions are captured from the website. Supply chain management and the ability to integrate distributed order management systems with multiple wholesalers, automating the order, returns and pricing processes to support real-time transactions need to be the catalyst of the entire e-commerce strategy of Angus & Robertson (Gunasekaran, Lai, Cheng 2008). Integral to any website's infrastructure that ensures a high level of integration to suppliers, which in this case are book distributors, there is the corresponding need for making sure there is an enterprise-wide content management system as well. Enterprise content management systems form the foundation of online catalogs that provide the specifics of the products offered on the websites (SMR Editors 2007). The combining of supply chain integration and enterprise content management systems driving online catalogs is an exponential increase in the number of books which can be offered (Goldstein & Goldstein 2006). Online catalogs need to have the integration links built directly into the content management systems of the online retailer to ensure the products shown on the website are in fact priced correctly, described correctly, or taken off the website when they are discounted. The triad set of integrations between supply chains, content management systems, and the online catalos form the foundation of any successful e-commerce website (Kaarst-Brown & Evaristo 2004). Once this foundation is in place, companies pursuing e-commerce strategies begin to concentrate on the breadth of books and ancillary products to attract the smaller yet highly profitable products that the…

Pages: 4  |  Term Paper  |  Style: Harvard  |  Sources: 4


Small Business Idea When Starting

A corporation is a good form of organization for any company that expects to have employees, so that the owners are not subject of legal action in the event of problems created by their employees. S-corporations are only typically not publicly-traded, and therefore are not subject to the provisions of Sarbanes-Oxley and are not obligated to follow FASB guidelines for financial accounting. This is because the income flows through to the owners, and is taxed on their personal income tax returns (IRS, 2010). There are specific limits on the structure of an S-corporation, including limits on the number of owners, the types of shareholders, the classes of stock and some types of businesses cannot be S-corporations. A food truck would probably be eligible for incorporation as an S-corporation due to the nature of its business. AC-corporation is a separate tax-paying entity according to the IRS (IRS, 2011). It is a distinct legal entity as well, for the purposes of risk. The company is taxed on its income and then whatever income remains after tax can be reinvested in the company or it can be distributed to the shareholders. Thus, shareholders in a C-corporation may be subject to double taxation whereas shareholders in an S-corporation, partnership or sole proprietorship are not. C-corporations have the same risk characteristics as any other corporation, meaning that only the corporation bears direct risk, not the owners or their assets. It is recommended that C-corporations file their tax returns according to the principles of FASB and GAAP. AC-corporation is only subject to the provisions of the Sarbanes-Oxley Act if it is publicly traded, which is not likely to be the case for a food truck. It is recommended that the food truck business be organized as an S-corporation. There are two main reasons for this recommendation. The first is that the incorporation carries with it the ability to limit liability for the proprietors. This is important, because there are risks associated with food service such as health risks to customers and risks associated with the fuel and equipment used in cooking. Incorporation reduces the liability of the owners to only their stake in the business. Being incorporated also gives the company the ability to expand if the business is successful. It is also easier to hire employees, because of the limited liability. The other main benefit to the S-class corporation specifically is the taxation. The income…

Pages: 4  |  Essay  |  Style: n/a  |  Sources: 3


Strategic Plan for Sony Corporation

Strategic Plan for Sony Sony Corporation is at a crossroads in its evolution today. Having grown the core electronics business to nearly 70% of revenues globally, the company has attained profitability in their core business. It is however facing steep losses in its gaming and financial services business units, and has seen the motion pictures business unit have higher profits…

Pages: 8  |  Term Paper  |  Style: n/a  |  Sources: 0


Businesses Are the Cornerstone of

As globalization continues its rapid advance, LLCs will also be very advantageous to foreign investors. LLCs do not have the ownership restrictions of S Corporations making them ideal business structures for foreign investors. For U.S. federal income tax purposes, an LLC is treated by default as a pass-through entity. If there is only one member in the company, the LLC…

Pages: 8  |  Research Paper  |  Style: n/a  |  Sources: 8


Australian Corporations Law Director's Duties

AUS Corp Law HP Case Qs Assuming the facts of this case as presented are true and that there was no deception on the part of any party mentioned in the case, the breach in this case is limited to one individual and one specific decision/action (or inaction). Of Hampton Park Ltd.'s four directors, only William appears to be in a position that would normally be expected to have relevant and up-to-date information regarding the company's financial position and decisions (Gail is mentioned but not described, so it can be assumed that her role is as limited as Jack and Susan's), and while this does not in and of itself limit the liability and the responsibility of the non-managing board members it does, in the given set of circumstances, limit their liability and thus the consequences of any breach and even makes the existence of a breach of duty questionable. Even William, as will be shown, could make a plausible case that he did not breach in his own duty and an even stronger case that liability for any breach in regards to the actions described in the case does not attach. Instead, the breach and any resultant liability fall solely on the shoulders of non-director but chief financial officer George, who failed to remain informed regarding changes to dividend calculation and who failed to inform the board of relevant information in a timely manner. Though board directors are tasked with the responsibility of making inquiries with relevant officers and employees and taking steps in ensuring the accuracy and rectitude of the information and actions taken, they are also explicitly freed from liability by their right to rely on others. This includes, "an employee whom the director believes on reasonable grounds to be reliable and competent in relation to the matters concerned." HP chief financial officer George is unquestionably an employee that matches this description; again assuming all representations made by individuals in the case were made in good faith and were honest/accurate, then George is an experienced financial officer who is quite competent in determining appropriate courses of action and to unquestionably had access to reliable information in regards to the decision(s) under question in this case. His assurance that the paid dividends were reasonably established under profit reportable under the Australian Corporations Act Section 254t had no reasonable reason to be doubted even if the company's financial situation…

Pages: 4  |  Case Study  |  Style: n/a  |  Sources: 4


Complexities of Doing Business in

Enumerate and briefly explain the research question(s) to be answered and identify the policy, practice, or theory issues to be addressed. List specifically the major research questions, and any sub-questions under each major question. c. Describe the frame of reference & identify the theoretica1/conceptual (or other) frame of reference, which is the context of the study. Summarize the elements of…

Pages: 15  |  Term Paper  |  Style: n/a  |  Sources: 0


Business: Internet's Increasing Impact

Business Scenario [Type the document title] The internet has impacted nearly every form of daily life. This includes everything from the way that people interact with each other socially (through social networking), to how they purchase various goods and services. As a result, a shift has occurred in the way that consumers are utilizing this new technology to perform a…

Pages: 45  |  Dissertation  |  Style: n/a  |  Sources: 28


Entrepreneurship and Business Planning

Solar Panels Product Profile Our company is going to sell and distribute solar panels to commercial, residential and farm clients throughout the Golden Horseshoe, with an emphasis on Hamilton, Brantford and the Niagara region. Solar panels consist of photovoltaic panels that convert light from the sun into electricity stored in batteries. Solar panels are typically used to supplement the conventional electric grid, providing cost savings to customers. Solar panel technology has existed for many years, and the typical solar panel array consists of the photovoltaic panels, batteries for storing energy, wiring, a stand, and an inverter that converts direct current to alternating current. There are several sources for solar panels globally, with the majority of major producers originating in China, or sourcing their panels from China. Appendix a illustrates a typical home use for solar panels. Farms and commercial concerns typically have much bigger arrays, as they have more space to accommodate them, and more substantial energy needs. The price for an array of solar panels varies widely, depending on a number of factors. The price incorporates the size and design of the array itself, the amount of wiring needed, and the cost of installation. Installation cost varies significantly depending on factors such as the remoteness of the site, the difficulty in installation (roofs are more difficult than on-land installations, for example) and site-specific risk factors. Competitors rarely promote prices publicly, as they typically need to visit the site in order to provide an estimate. One area competitor (Solar Up Energy) quotes $500 for the site inspection alone. Small systems for boats or RVs available at retail range from $250-$700. The types of customer systems we will install are more likely to be priced anywhere from $10,000 - $50,000 or more. The price of panels is also highly dependent on the price of silicon, the main ingredient, and this can be highly volatile (Sweet, 2009). Government incentives also play a role in determining the cost of solar panels to consumers, and therefore will also contribute to the prices that the company will charge. In Ontario, the MicroFIT program pays 80.2 cents per kilowatt-hour of electricity generated, for projects under 10 kw on a rooftop system and 64.2 cents per kwh on a ground system (OPA, 2011). Legal Protection There are a number of considerations when choosing the method of business organization. The cost and ease of setting the business up…

Pages: 4  |  Business Plan  |  Style: n/a  |  Sources: 0


Financial E-Commerce

e-Commerce The Impact of e-Commerce on Mass Customization and Revenue Growth The progression of e-commerce continues to result in more innovative concepts, frameworks, and models of process integration and improvement being developed. One of the most fascinating is the ability to use e-commerce as the basis for fulfilling unique, one-of-a-kind customer requirements for products through mass customization while at the…

Pages: 16  |  Research Proposal  |  Style: MLA  |  Sources: 6


Milton Friedman

¶ … Social Responsibility of Business is to Increase its Profits" by Milton Friedman, a lot can be learned about the beliefs regarding business ethics of some people in the early 1970s. According to Friedman, businessmen are preaching socialism when they speak of improving social conditions and the need of businesses to be serious about their responsibilities of providing employment, ending discrimination, and avoiding environmental harm through means of reforming the business world. These are, in fact, socialist concepts, although business majors from universities across the nation will claim these are concepts of the free enterprise system alone. Friedman finds it to be ridiculous to refer to the responsibilities of business, as businesses and corporations are only artificial people and will therefore only have artificial responsibilities; for his arguments it is assumed that business executives are the people on whom business responsibilities fall. The primary responsibility of the manager of a company is to the corporate executives, and it is easy to evaluate the manager's performance as the arrangement is clearly defined. The personal responsibilities of an executive, such as those he assumes towards his family or chosen charities, are completely seperate from those of the business. The social responsibilities of the corporate executive as a businessman may be implied to include not raising the price of a product to help prevent inflation, even though he would benefit from it……

Pages: 1  |  Term Paper  |  Style: n/a  |  Sources: 0


Sony's Supply Chain Management Strategies:

Conclusion Sony's rapid pace of new product introductions and myriad of product and services strategies continue to give the company a competitive advantage in the high tech, entertainment, gaming and ancillary industries. The challenges for Sony going forward are to continually improve their supply chains for greater agility and time-to-market while increasing quality as well. The approach Sony has taken with regard to The Perfect order framework, heavy reliance on intellectual property (IP) and knowledge sharing all underscore a very metrics-driven organization. Results are immediately quantified and shared across the entire organization's, which further reinforces the strategies of supply chain optimization. What is unique about Sony relative to its competitors is the reliance on a knowledge sharing organization to further enhance and strengthen intellectual property (IP) creating and collaboration throughout their value chains. Sony's strategy takes into account how heavily dependent the company is on foreign trade as well with the majority of suppliers being from foreign nations. References Blanchard, D. 2007, "The Perfect Order," Industry Week, vol. 256, no. 1, pp. 24A-24A. Briscoe, A.P., Pancerella, M.B. & Pleskunas, G. 1997, "The perfect order initiative," Pharmaceutical Executive, vol. 17, no. 7, pp. 82-88. Cirtita, H. & Glaser-Segura, D. 2012, "Measuring downstream supply chain performance," Journal of Manufacturing Technology Management, vol. 23, no. 3, pp. 299-314. Columbus, L. 2008, The Perfect Order Meets Customer Expectations, Fort Atkinson, United States, Fort Atkinson. Copacino, W.C. 1993, "Creating the perfect order," Logistics Management, vol. 32, no. 2, pp. 27-27. Dyer, J.H. & Nobeoka, K. 2000, "Creating and managing a high-performance knowledge-sharing network: The Toyota case," Strategic Management Journal, vol. 21, no. 3, pp. 345-367. Holbrook, E. 2011, "A Supply Chain Unlinked," Risk Management, vol. 58, no. 4, pp. 32-33. Howells, R. 2008, Turn Global Supply Chain Challenges into Competitive Advantages, Fort Atkinson, United States, Fort Atkinson. Hughes, A., Balasescu, M. & Balasescu, S. 2008, "The Role and Importance of Information Technology in the Supply Chain Management," Bulletin of the Transilvania University of Brasov.Economic Sciences.Series V, vol. 1, pp. 33-38. Johnson, A. 2007, "Achieving the perfect order," Manufacturers Monthly,, pp. 20. Lam, K. & Li, W. 2004, "Is the Perfect Timing Strategy Truly Perfect?," Review of Quantitative Finance and Accounting, vol. 22, no. 1, pp. 39-51. Li, S. & Lin, B. 2006, "Accessing information sharing and information quality in supply chain management," Decision Support Systems, vol. 42, no. 3, pp. 1641-1641. Novack, R.A. & Thomas,…

Pages: 7  |  Essay  |  Style: n/a  |  Sources: 20


Best and Final Offer

¶ … Ski, Surf, Skate) is a company specializing in selling the retail brick and mortar sports equipment and clothing at Whittier. Doc Kahuna ("DK"), a founder of the company is a visionary leader whose strategic goal is to make the company becoming a global leader in the high-end equipment, accessories and clothing. Typically, DK focuses on three interrelated goals: To design and sell branded products, To launch the company products internationally, To significantly increase the company sales and revenues. Despite DK's strategic goal, DK lacks the it (information technology) skills to recognize that it tools are critical for the company to become a top innovative and successful sport equipment and apparels business. Fundamental objective of this paper is to develop management information strategy to assist the company to become an innovative and global leader in the sport equipment and apparels business. Project Development Porter (1985) argues that the information technology is a powerful tool that organizations could employ to achieve competitive market advantages. Porter further points out that adoption of information technology will assist firms to lower operation costs and be ahead of competitors within the competitive market environment. Despite the importance of technology in enhancing firms' competitive advantages, firms needs to identify appropriate technology to be used in order to enhance firms' strategic objective. (Ahmed & Sharma 2006). This paper identifies the following it tools for S3 (Ski, Surf, and Skate): Development of company website using internet technology to assist the company to become a global leader in the sport equipment business. To assist the company to derive advantages from the internet technology, the System Development Life Cycle (SDLC) process will be used to develop the company website to assist the company to achieve the project productivity. SDLC outlines the process of system engineering activities to produce correct, efficient and consistence system development. The goal of S3 (Ski, Surf, Skate) is to increase the company net profit to $6 Million and achieving the net profit of $1.7 Million at the end 2012 fiscal year. Moreover, the company intends to reach the revenue of $8 Million and net profit of $2.5 Million at the end of 2013 fiscal year, which represents 31% increase in the net profit. However, the company will realize its goals if the company wisely integrates MIS. S3 (Ski, Surf, Skate) will need to design the it architecture that will be used to develop its it…

Pages: 4  |  Term Paper  |  Style: n/a  |  Sources: 4


Tax Managing the S Corporation

It does not matter that no transition from one type of corporation to another occurred, what matters is that the gain was transmitted. Due to the nature of an S corporation, the government is very particular in how a company became an S corporation and that they are reporting all of the assets that they should. However, even though the…

Pages: 10  |  Research Paper  |  Style: n/a  |  Sources: 10


Business Organizations Management a Domestic

Regional offices represent can represent a larger company's interests and activities over a specific location, particularly if it is isolated, remote, or a distance from the urbane. Appalachian Mining & Engineering, Inc. is an example of a regional business because the market is heavily predicated on the region of the Appalachian Mountains. Sony, Inc. has a regional office in Park Ridge, NJ. These are examples of the types of regional businesses. Global business organizations conduct and manage their business activities across a number of countries. In global business organizations, there is a great deal of overlap and interrelatedness with respect to the kinds of activities and transactions that take place. Global business organizations often conduct their business in a variety of manners and from a variety of sources such as consultants, subsidiaries, and joint ventures with other business organizations -- those that are local as well as those that are multinational and global. Google is an example of a global business organization. There are approximately seventy worldwide headquarters in more than forty countries. Google partners with some of the biggest names on and offline including YouTube, FaceBook, Sony, Pandora, and Warner Brothers. Google often buys out smaller successful companies or companies that they remodel with greater success. These types of business moves demonstrates that Google has joint ventures, subsidiaries, and likely a number of consultants. These qualities qualify Google as a global business organization. References: Adler, N.J. (2002). Global companies, global society: There is a better way. Journal of Management Inquiry, 11(3), 255. Barker, T.S., & Cobb, S.L. (2000). A survey of ethics and cultural dimensions of MNCs. Competitiveness Review, 10(2), 123. Daniels, J.D., Radebaugh, L.H., & Sullivan, D.P. (2007). International Business: Environments and Operations, 11th Edition. Prentice Hall, Inc.: Upper Saddle, River, NJ. Dooley, R. (2003). Four cultures, one company: Achieving corporate excellence through working cultural complexity (part 1). Organization Development Journal, 21(1), 56. Dooley, R. (2003). Four cultures, one company: Achieving corporate excellence through working cultural complexity (part 2). Organization Development Journal, 21(2), 52. Sanchez, P. (2004, December). Defining corporate culture. Communication World, 21(6), 18. Shenkar, O., & Luo, Y.……

Pages: 2  |  Essay  |  Style: n/a  |  Sources: 2


E-Commerce Models Are Constantly Changing

e., a company that creates a product or service) to reach buyers directly and thereby compress the distribution channel (Rappa, 2010). This model includes direct purchasing, leasing, licensing, and brand integrated content (Rappa, 2010). Many computer companies offer this type of service. The affiliate model is a newer e-commerce model. In contrast to the generalized portal, which seeks to drive a high volume of traffic to one site, the affiliate model provides purchase opportunities wherever people may be surfing (Rappa, 2010). This model includes banner exchange, pay per click, and revenue sharing (Rappa, 2010). The community model is based on user loyalty where users have a high investment in both time and emotion including software development, content development, public broadcasting and social networking (Rappa, 2010). The subscription model is not a new concept, but has been adapted to the virtual world. In this type of model users are charged a periodic -- daily, monthly or annual -- fee to subscribe to a service. The services provided vary widely and include things such as scholarly articles, research, music, and movies. The utility or "on-demand" model is based on metering usage, or a "pay as you go" approach. Unlike subscriber services, metered services are based on actual usage rates (Rappa, 2010). This includes services such as internet access, music, movies on demand, and eBooks. The post purchase stage of the consumer decision making process is critical in e-commerce because of the lack of face-to-face interaction. If customers feel as though they could have gotten a better deal somewhere else, they can search to find out if other businesses offer the same product for less giving the company no opportunity to change the consumers mind. References Rappa, M (2010). "Business Models on the Web." Managing……

Pages: 2  |  Essay  |  Style: n/a  |  Sources: 1


Online Learning Business This Research

According to the research findings of the Association Management, "e-learning is the fastest growing Web application since e-mail. More than 75% of colleges and 90% of Global 2000 companies have invested in online learning. More than 2 million courses are now online and accessible to learners of all occupations and interests. Millions of people have taken online courses, and the…

Pages: 14  |  Term Paper  |  Style: n/a  |  Sources: 0


Consumer Web Site Design: Purchase

Practitioners as Audience Web developers, consumer-oriented web sites, and companies with heavy Internet-reliance for market share results will benefit greatly from increased quantitative and qualitative research into this area. In spite of the byzantine and clearly confusing statistical tracking process currently in place, billions of dollars of discretionary money was spent online in the fourth quarter of 2002 and that…

Pages: 10  |  Term Paper  |  Style: n/a  |  Sources: 0


Ethical and Legal Issues in

Indeed, most online businesses are only keen to adhere to the minimum legal requirements, and hence few go beyond the set legal limits. A quick check reveals that to confirm the age of the buyer, most online businesses only demand that the said buyer ticks a box, whereby in so doing they verify that they are of a certain age.…

Pages: 15  |  Term Paper  |  Style: n/a  |  Sources: 6


Longitudinal Model of E-Commerce: Environmental, Technological, and

¶ … Longitudinal Model of e-Commerce: Environmental, Technological, and Organizational Drivers of B2C Adoption (Rodriguez-Ardura, Meseguer-Artola, 2010) the authors have defined and implemented a longitudinally-based methodology for tracking e-commerce adoption in early-adopter companies in Spain. The sampling is comprised of Spanish businesses, stratified by income levels and business sectors. The authors are also have defined and quantified environmental factors from the context of compliance and regulations, technological factors that include many attributes, from Internet access to the relative level of sophistication of the small or medium business (SMB) with technology. These last sets of factors are organizationally based and concentrate on the leadership approaches and styles, organizational structure and span of control. What is particularly challenging about this study is its focus on the long-term. Critique of Toward a Longitudinal Model of e-Commerce: Environmental, Technological, and Organizational Drivers of B2C Adoption This is an ambitious study on several levels. Frist, the contention that the Spanish small and medium businesses (SMBs) are representative enough of global businesses to have the results extrapolated opens up many questions. How can the researchers make sure a generalization about the comparability of sampling frames? This first assumption of the similarity of small and medium business growth, and its adoption of technology is not supported through empirical analysis. Second, the technological factors discovered in the analysis are obvious. Certainly, Internet access and support for technologies in companies is going to completely change their adoption rate of e-commerce. The authors use longitudinally-based techniques and……

Pages: 2  |  Assessment  |  Style: n/a  |  Sources: 1


Employment Law: Case Problems in the Present

Employment Law: Case Problems In the present case, Martinez is a clearly negligent party who is personally liable for any mishaps related to his community swimming pool. Indeed, the brief history of his company shows that Martinez operated with a reserve sum while failing to secure liability insurance for pool. One may presume with little doubt that legal counsel might have advised Martinez against operating his pool without proper insurance. This is because the manner in which Martinez has structured his business denotes that he is the sole proprietor of the business. Furthermore, evidence suggests that he has used the pool's assets for his own personal purposes. Likewise, evidence shows that Martinez has used his own personal assets for the sake of maintaining his pool's operation. This denotes that Martinez actively and consistently blurred the lines between his personal assets and his private assets. An article by Miehe (2010) reports that "If you are a sole proprietor, you and your business are one and the same in the eyes of the law, which means you are personally responsible for all of the business's debts. If there isn't enough money in the business to pay these debts, creditors can and will take your personal assets to pay them." (Miehe, 1) This argument serves to the case of the parents of the deceased and would hold Martinez personally liable for the death of their child. Compensation may be sought amongst the defendant's personal assets. Clearly, proper liability insurance would have been the most sensible way of protecting against this outcome. Another way for a business owner to distinguish his personal liability from that of the company is to distinguish his company income from his personal assets. Contrary to the actions of Mr. Martinez, said business owner would draw a clear line between personal assets and business assets. This would mean, for instances, that such behaviors as running his real estate business using pool company……

Pages: 2  |  Essay  |  Style: n/a  |  Sources: 0


World Poor

¶ … aloud or in writing, making the reflective report exercise a valuable addition to the learning process. This reflective report recounts the events that took place during the research process for the study, "Identifying Marketing Opportunities to Combat Global Poverty," including a recollection of individual experiences, the personal feeling and learning that were experienced, as well as the group…

Pages: 55  |  Thesis  |  Style: n/a  |  Sources: 3


Small Business and Entrepreneurship in the Senate

United States Congress Senate Committee on Small Business and Entrepreneurs Responsibilities of Advocacy The Senate Small Business Committee is directed under U.S. Senate rules, to review all legislation that pertains to small businesses and entrepreneurship. It has jurisdiction over the Small Business Administration. The Committee functions as a body within a body, and helps to both advocate for, and to further develop positive connections between legislators and small businesses (USG Business Homepage, 2009). The Committee helps to advocate for simple, fair, and equitable legislative actions in that bolster and magnify the positive economic growth engine that are small businesses in the U.S. The Committee is also responsible for oversight of all small business legislation, ensuring that programs are properly administered and carried out according to Congressional direction. The Committee's homepage (2009) also states that, "In addition, the Committee oversees all issues of concern to small businesses across the country, including access to capital, affordable health care, rising gas and energy prices, fair contracting, taxes, regulations, and business training, among other issues." With this in mind, the Committee has been extremely busy lately overseeing many of the Obama Administration's goals of healthcare and energy reform (NFIB, 2009). The Senate Committee also participates in investigations of problems that are faced by American small businesses and entrepreneurs, and part of its primary function is as a watchdog and advocate for small business growth and health (NFIB, 2009). The group is required to report to the Senate regarding the major hurdles faced by small businesses and how the Senate can work to pass legislation that would help small businesses overcome these obstacles. It gives other groups advice on how legislation can be shaped to positively impact small businesses in America through hearings, open forums, and discussion. Committee hearings are conducted in accordance with the demand for Congressional oversight and the amount of proposed legislation that will likely affect American small businesses (Committee Homepage, 2009). Without this oversight, the possibility exists of laws being passed that would be detrimental and unfair to small businesses, or that would possibly give them certain legal advantages over the rest of the economic landscape The Past and the Future Currently, the committee is chaired by Mary Landrieu, a Louisiana Democrat. The Ranking Minority Member is Republican Senator Olympia Snowe of Maine (Committee Homepage, 2009) Having both a Republican and a Democrat in positions of power in the committee is…

Pages: 3  |  Thesis  |  Style: APA  |  Sources: 4

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