So there appears to be a significant cost savings in purchasing the manufacturing software. Moore also argues that the vendor system is a better system because it is a mature system that has gone through many iterations of changes based on feedback from hundreds of customers. Moore believes that adopting BMC’s manufacturing process to the vendor software will improve BMC’s operations because of the experience that has gone into the manufacturing software. Moore believes that this system will be successful because he is championing the purchase and will make sure that it works. Moore also argues that the situation at BMC is better suited to adopt a new software package since inventory is under control and they are no longer expediting orders due to capacity issues.
a. Investors – this article is concerned about stock prices of Pixar and future potential of the company. Thus, investors should be really interested in possible overvalue of the studio because it may influence there future invests b. Competitors/other Hollywood studios – there is a possibility that Pixar and Disney will not reach a distribution agreement. This situation opens opportunities for other companies and studios to work with Pixar and use benefits of possible agreement. Moreover, Pixar is able to influence on industry distribution and structure c. Shareholders – these part of stakeholders has direct interest in share prices growth that depends on an agreement between Disney and Pixar Furthermore, there are such stakeholders as customers (general public), employees and others who will be influenced by different circumstances of the Disney-Pixar agreement.
Copyright tends to cover individual creations while trademark, patent and trade secret protect the rights of a company. Trademarks can cover the creation of a certain idea that a company comes up with while patents and trade secrets cover the rights of inventions, formulas and software. Intellectual properties are essential to allowing exclusive rights to an individual or company’s creative works. This allows a company to share and distribute their ideas without the threat of it being stolen and used for a different purpose. These intellectual property laws are recognized for major contributions to society and the economy.
Customer service is strong because Tanglewood has their own web portal that saves some effort for their customers. The organizational structure of Tanglewood applies to the culture of transparency. All employees no matter what level of the organization are allowed to make suggestions. Tanglewood does not prefer temporary workers, cheap labor, or high staff turnover rates. The organizational culture and values of Tanglewood is that each shift is run as a team.
Walt Disney Imagineering Some of the challenges Disney faced when entering the global market was language, cultural differences, political challenges and foreign currency. Disney created its Imagineering team to be visionaries for the company and to assist with breaking through those barriers they encounter. Disney’s goal was to penetrate the global market while “preserving its fundamental message and still catering to the wildly varying taste of different world cultures” (Nickels, McHugh, McHugh, n.d.). Their three strategic priorities are: creativity and innovation, application of technology, and global expansion. Since the United States is only 5% of the total world population, Disney understood the importance in global expansion and entering new markets.
Through compromise Lisa may be able to earn the big contract. Lisa should look at the possible solutions to this problem. If they were to replace all their machinery with the new Sealgood items, she should see if they could get a discount or money off their bid as a compromise. By doing this it would build the relationship between the two as well as make both parties happy. Lisa should also try and negotiate as to which competitive products they must not do business with.
This vision reflected in their extensive hiring practices. * Their strong culture paved the way to become a marketable brand on its own in the industry resulting in talent pool augmentation. * The biggest advantage posed by their strong culture was the ease of buy-in among the new and current employees which resulted in better assimilation and integration of their core principles and vision. The culture was pervasive at all levels of the organization that buy-in was evident in a short span of time. * The culture at Zappos made it possible for the management to delegate and share responsibilities among the peers.
Famous Creative Thinkers Steven Spielberg is a creative genius. I say this because he has overcome so many obstacles to make sure his movies portray what it is that he wants the audience to see and imagine and feel. Steven. Spielberg has a reputation of being one of the most successful figures in the film industry. He is considered very innovative with the movies he creates in his mind and then puts on the screen.
This essay will not only shed light on a specific anti-trust case but it will also bring forth an understanding of why certain actions just shouldn’t exist within any business industry. Paramount Pictures Anti-Trust Behavior Paramount Pictures also known as Famous Players-Lasky Corporation is well known for producing many blockbuster hits. Hits like Butch Cassidy and the Sundance Kid (1969), The Exorcist (1973), and Raiders of the Lost Ark (1981) will be forever remembered by many. Although this corporation was deemed to be very successful, it was through block booking where their success was founded. Block booking is a classification of marketing numerous films to a theater as one entity.
As is stated in the article, the company used to have a major competitive advantage in terms of movie selection, where, “…customers could browse through thousands of titles…” (Hitt 106). Now, the entire scope of the market has changed and Blockbuster was much too slow to respond. The recent moves that it has made will surely generate profits, but not enough to sustain the company in the long run, seeing as there is nothing that differentiates Blockbuster’s services from that of its competitors. In order to fully gain lost market share back, the company would have to create some sort of highly innovative way of viewing or renting movies that none of its competitors has already thought of; It would have to be something that is rare, difficult to imitate, not easily substituted, and able to generate above-average returns. Unfortunately, at this point it looks as if none of this will come into fruition because Blockbuster has essentially decided to latch on to other companies, creating a sort of symbiotic relationship where the company feeds off of the success of its competitors.