International Business Machines Corporation Term Paper

Pages: 5 (2023 words)  ·  Bibliography Sources: ≈ 9  ·  File: .docx  ·  Level: College Senior  ·  Topic: Business

SAMPLE EXCERPT . . .
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 holdingsBuy full Download Microsoft Word File paper
for $19.77

Term Paper on International Business Machines Corporation in Assignment

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 as well as the contribution of its founders, executives and officers and considering the corporate history of IBM, it is evident that this corporation still has a long way to go and has a bright future.

Works Cited

International Business Machines Corporation (IBM). Issued by IBM in 1969-1973. Retrieved from IBM Archives (Business Magazine) and Scripophily. com Old Stock Certificate Superstore- The Gift of History.

Black E. "IBM and the holocaust: The Strategic Alliance between Nazi Germany and America's most powerful corporation." Crown Publishers, February 12, 2001, ISBN: 0609607995.

Hirsh M. Dark Questions for IBM., Newsweek, 02-19-2001, pp. 38.

IBM Press Room. Biographies. Retrieved at http://www-916.ibm.com/press/photo.nsf/Main/

Walden J. The IBM PC in your corporation., John Wiley & Sons Publishers; July 1985 ASIN:… [END OF PREVIEW] . . . READ MORE

Two Ordering Options:

?
Which Option Should I Choose?
1.  Buy full paper (5 pages)Download Microsoft Word File

Download the perfectly formatted MS Word file!

- or -

2.  Write a NEW paper for me!✍🏻

We'll follow your exact instructions!
Chat with the writer 24/7.

IBM International Business Machines Term Paper


Impact of Big Data on Business Strategy Term Paper


Business Plan for a Company Business Plan


EZ Tracker: Analysis of International Business Opportunity Business Plan


International Verizon Drivers of Globalization Research Paper


View 200+ other related papers  >>

How to Cite "International Business Machines Corporation" Term Paper in a Bibliography:

APA Style

International Business Machines Corporation.  (2003, April 4).  Retrieved April 3, 2020, from https://www.essaytown.com/subjects/paper/international-business-machines-corporation/2339401

MLA Format

"International Business Machines Corporation."  4 April 2003.  Web.  3 April 2020. <https://www.essaytown.com/subjects/paper/international-business-machines-corporation/2339401>.

Chicago Style

"International Business Machines Corporation."  Essaytown.com.  April 4, 2003.  Accessed April 3, 2020.
https://www.essaytown.com/subjects/paper/international-business-machines-corporation/2339401.