Assignment 1: Chipping away at Intel Student: Vivian Samuel Professor: Dr Vanessa Graham Class: HRM 560 Date: January 28, 2013 Case Study @ Intel Discuss the changes at Intel over the first three years of CEO Craig Barrett’s tenure. The case study presented for this assignment describes the management decisions of Craig Barrett as being “bold moves that took Intel beyond chip making for PC’s [and] into the production of information and communication appliances as well as services related to the Internet” (Palmer & Dunford 2009 pg 72). Barrett had spent lots of money by investing in new business projects and markets that soon had to be withdrawn due to possible lack of knowledge. The first change conducted by Barrett was to “withdraw [the business] from the production of network servers and routers after copping backlash from its biggest customers Deli and Cisco” Second, he closed down Intel’s partner for e-commerce services iCat, which was an e-commerce service partner for small businesses providing Web broadcasting of share-holder meetings. Barrett seemed to believe that his so-called ‘hands on leadership disciplines were the best strategies for keeping Intel out in front of its growing list of competitors.
(TCO E) Enterprise applications have become easier to install because: (Points : 5) they have been reduced in function vendors have modularized the applications so they can be rolled out a module at a time vendors have changed their design to make the application more adaptable to diverse business processes Users have become more familiar with how to use the applications 6. (TCO F) Agile Methodologies (Points : 4) were developed because traditional methodologies did not work because software development is unlike any other development activity users seldom know what they want when the project starts all of the above 7. (TCO G) A salesperson clicks repeatedly on the online ads of a competitor in order to drive the
They allow firms to adjust its product market portfolio and in this case diversify within markets of Pharmaceuticals. Mergers and acquisitions can reduce financial risk, increase market share and utilize research and development if managed properly [1]. However it has become conventional for companies to over pay for targets and suffer post-acquisition disorder to later sell off the entity at a loss down the road. The most prominent example of this would be the AOL-Time Warner merger. However, if the acquisition is managed properly the transaction can dramatically alter the competitive landscape giving them a competitive advantage over their rivals.
How successful was Reaganomics in the years 1981 – 89? Reaganomics was Reagan’s economic philosophy, which emphasised low taxes and deregulation, which it was thought would stimulate the economy. He aimed to revive the economy by decreasing taxes, which would encourage people to work harder and buy more. He also aimed to reduce the size and role of the government, cutting public spending and minimising welfare state arrangements where possible. He also wanted to deregulate state and federal government requirements and liberate business and allow capitalism to flourish making people more prosperous and enabling them to pay more taxes, decreasing federal deficit.
Lower reserve requirements will result in more funds being available to loan out. This should, in turn, increase the rate of economic growth. Conversely, a higher reserve requirement will reduce the availability of funds and should slow economic growth. In this case, we need to increase our rate of economic growth in response to the recession, so I choose to lower the reserve requirement. The reason I would make this choice is to stimulate lending to businesses, reduce unemployment and increase household income so that the economy could then recover naturally.
How has technological innovations affected your organization? Technology impacts the cost of production. Technology helps in lowering the cost of production and making economies more efficient – producing more outputs with the same number of inputs. Producers learn more about various aspects of production in which they specialize, and this attitude of them leads to more production. Innovation impacts the cost of production as well.
A merger would best be used in this situation since it will help lower his taxable income and he can improve his operations and competitiveness. If he feels that the investment in new manufacturing equipment will help increase profits and can take on the extra liability, then he should buy Smithon. His debt –to-equity ratio will rise and may cause him to have a hard time getting money to finance his company. But with a two year loss he is keeping his taxable income down and may be able to show investors that things are going to turn around when all operations are working together and
Why it is important to increase economic growth 4. Your rationale for the use of Reserve Requirements At the end of the game, you will be provided with this information to give to your instructor. Answer: I chose to lower the reserve requirement. Lowering the reserve requirements permits the banks to free up more funds for lending. This action also reduces the amount of money that the banks are required to save in their reserves.
New laws and regulations come about because of social and political changes. Organizations abiding by state and federal laws and regulations may result in the organization spending more money on additional taxes, new technology development, and legal fees. Competition may consist of the startup of a new organization offering similar services and products in the same marketplace, which presents a new challenge. The customers are the most critical in the environment. As the end-users, they will usually improve the organization’s image in the community because of satisfaction with the product or service, or ruin the image of the organization in the community because of dissatisfaction with the product or service.
In the short run firms may not increase their profits because the cuts in prices but if they achieve this in long run they may experience maxim profits. However the directors try to imply polices which do not always maximize the profits their objective is to satisfy the owners by getting some profit and growing the company in order to receive bigger market share to influence prices and quantity produced. I think that the managers should firstly try to grow the company and work for normal profit and maybe in long run obtain super normal profits. In short run they try to achieve lots of other objectives regardless profit