component of the business as strong as marketing. Homedelivary.com was born as a logistics solution that started darting thousands of products, bought over the internet, to the doorsteps of the consumers. It tied up with tens of smaller courier companies, to start with, who were glad to find a new opportunity to increase their topline, in addition, their core office documents and samples…
Vanaspati Manufacturing Company Limited and United Traders Limited merged and became Hindustan Unilever Limited. The headquarters is in Mumbai. Hindustan Unilever Limited offered ten percent equity to the Indian public. It is the first among the foreign subsidiaries to offer the equity to the Indian public. 67.25% equity in the company is owned by the Unilever. Remaining shareholding is distributed among the three lakh individual shareholders and financial institutions. The company had launched…
Evolution of the industry 7 HISTORY The Indian paint industry is nearly 100 years old. Shalimar paint was the first firm that set up a factory in Kolkata in 1902. Industry had two foreign companies and small producers until World War…
improve human life, ethics, integrity, innovation, and diversity as a team. Merck, also trading as MSD (outside Canada and the United States of America) and Merck KGaA (in Germany), has a global presence and is one of the top seven pharmaceutical companies in the world (Merck, 2013). Merck, a pharmaceutical giant, has many stakeholders. The stakeholders are always considered in decisions and decision making. A SWOT analysis did prove the organization’s strengths, weaknesses, opportunities, and…
explored to create and share a vision of the shape and spirit of this newly-merged, cross-national company. Vision looks forward to desired outcomes and often looks to growth opportunities and therefore implies a need for leadership (Calland, 2015). Acting as CEO, delivery of a speech to top managers to communicate the personal vision will highlight the envisioned future for the merged companies. As the organizational future likely includes transformational change, delivery of the vision…
rugged bike. But if you had invested the same Rs 55,000 in shares (at Rs 17.50 per share) of Eicher Motors, the company that makes Enfield bikes, your investment will be worth Rs 4.75 crore now. The twin credit for building a rugged bike as well as enormous value for shareholders goes to Siddhartha Lal, MD and CEO, Eicher Motors. In some ways, it all came to one big decision Lal took based on his love for Enfield. It was 2004. Lal was 30 and had just taken over as COO of Eicher group. The group…
capacity of companies to create, learn and maintain their continuous improvement capabilities is the base for the implementation of more sophisticated approaches like Lean- Six Sigma. In this sense, the Implementation orientation allows us to understand how continuous improvement programmes uses its capabilities in order to apply new tools and techniques. The successful implementations of Lean Six Sigma have to be based on existing Quality Management systems, like Lean, Six Sigma or TQM…
the business , leisure travel, and housing market. Profit of the companies depends on their efficient and effective operations and the ability to finance inventory needed for the operations. Big companies uses economies of scale in acquiring vehicles and customers. Small companies can compete by providing better service, alternative products, or by lowering the prices. The US industry is concentrated highly, the 50 largest companies generate more than 80% of revenue. According to the market…
A Brief History 1986 – Videsh Sanchar Nigam Limited (VSNL) was founded by Government of India. 2002 – Tata Communications acquires 25% stake in VSNL. 2004 –VSNL International was launched. 2008 – Majority stakes acquired by Tata Group. VSNL renamed as Tata Communications Limited (TCL). 2009 – TGN-Intra Asia cable system was completed by TCL and Tyco Telecommunications. Introduction to the study, statement of problem and propositions Tata acquiredVSNL in 2008. Indian subcontinent…
The movie “An Inconvenient Truth” is a documentary film released in 2006, which is based on former United States Vice President Al Gore’s campaign to educate people about global warming. The film depicts the consequences of mankind’s ignorance towards the environment and how rapidly the climate around us is changing. Global Warming has not only led to increase in the temperature around the globe but it has also made impact on the sea level as well as numerous other things. According to Mr. Gore…