Week Five Thought Paper BA 799 - Strategic Management and Policy Malcolm Saunders The material covered this week in chapter 6 and 7 introduced company diversification and the options of more strategies (Hitt, Ireland & Hoskisson, pp.164-194. 2013). Chapter six discusses company diversification in the realm of how much income is generated from the various products (Hitt, et al., pp. 164-166). This is something I have never considered. There are types and reasons for corporate diversification.…
As the world becomes smaller due to globalization, it is vital for corporations to be ethical in order to stay in business. Between the two companies they cover a majority of the world, staying ethical is harder because of the many cultural they do business with. Whether it is anti-bribery training, an employee whistle blowing hotline, internal audits by senior employees, and/or dedicated monitoring committees, they are dedicated to this issue and are proactive towards prevention.…
Corporate advertising can be defined as the paid use of media that seeks to benefit the image of the corporation as a whole rather than its product or services alone. Because all of a company’s advertising contributes to its reputation, both product and corporate advertising should reflect a unified strategy. Corporate image advertising should “brand” a company the way product advertising brands a product. A major difference between corporate and product advertising is who pays for each of the…
business affairs? Then you must be in need of an LLC operating agreement. It is evident that once you are done with your Limited Liability Company (LLC), you are free to use LLC operating agreement in order to delineate the operating terms of your corporation. In addition, it also helps to safeguard legal rights and responsibilities. With the help of written record expressing the management policies and procedures of your organization you can easily get down to business. However, sometimes it…
A multinational corporation is a firm that is controlled and produces good in services in countries other than its home country. It has a high efficiency and is very productive on a whole. It is spread around the world, and it usually opens branches in countries where resources are accessible and cheap. Generally, the headquarters are in the home country, and the headquarters has full ownership and control over company. Advantages of MNC’s include level of investment increases, more income and…
critique it through the grid of the 10 principles (pp. 50-56). Factual event in a cross-cultural setting that was development focused In 1969, through an amendment to the Foreign Assistance Act, Congress created the Overseas Private Investment Corporation (OPIC) which became operational in 1971 during the administration of Richard M. Nixon. Its basic objective is “to mobilize and facilitate the participation of United States private capital and skills in the economic and social development of…
questions, my answers to those questions, and the reasons for our answers are set out below. Question 1 Issue: Which persons and/or entities are a director of Tech Gadgets Ltd for the purposes of the directors’ duties in sections 181-183 of the Corporations Act 2001 (Cth)? Law - s 181: Act in good faith in the best interests of the company and act for a proper purpose, s182: not misuse position, s183: not misuse information Application • Susan, Paul Smith and Ben Jones are directors: s 9 •…
Several theories were derived from the Modigliani and Miller (MM) theory. The MM theory was created in a utopian world for corporations, with no taxes, no bankruptcy or brokerage costs, and no impacts by the use of debt, to name a few assumptions the MM theory made. Although the MM theory is unrealistic, it helped firms apply and change the different assumptions to determine which capital structure was the best for the firm, and how these assumptions would impact the firm. The Trade-Off Theory…
One article called “Democracy of Spectacle” by Karsten Schubert, talks about the museum in its current form and how it had changed over time into what would seem to be a new being overall. These “new museums” have characteristics unlike any before it such as trendy, flashy, and in a way amusement park-ish. These museums according to Schubert are more about the a big display to impress the spectators and bring in revenue, unlike the “older” museums that are about giving the public a form of…
Google and Capital One On the Fortune website, the two companies I picked out of the list of 100 are Google (Google, http://fortune.com/best-companies/google/) and Capital One (Capital One, http://fortune.com/best-companies/capital-one-financial-corporation/). Google on this list is ranked #1 and Capital One is ranked #17. Both companies give employees great benefits and that’s partially what makes them both great companies to work for because they care for and maintain a healthy…