Next instead of promoting from within, they searched for new blood and hired former Barney’s CEO Allen Questrom. Penney went on to sell one it’s direct marketing unit to raise capital to reduce debt. They restructured the company to focus on its struggling department stores, cutting employees and closing down many stores. By September 29, 2003, the culmination of CalPERS active investment in Penney, JC Penney seemed to right the ship and was able to streamline operations to be more efficient and profitable. Chronology of Events 2/22/00: CalPERS identifies 10 underperforming companies that will serve as their primary focus for corporate governance activism for the 2000 proxy season.
Geely’s acquisition of Volvo 1.0 Abstract Geely’s acquisition of Volvo Company is an enormous financial affair to China and the global. On March 28,2010, Zhejiang Geely Holding Group, China's No 10 automaker, sealed a deal to buy ailing Swedish luxury car brand Volvo from US giant Ford for $1.8 billion, including intellectual property. Some one think acquisition of Volvo will improve Geely’s competitive power, and some people believe that in the time of the economic crisis, acquisition of Volvo is high risky. The deal have arisen great interest around the globe as the two companies incorporate two different cultures and operate within different national backgrounds. This report aims to assess whether Geely can make two companies win-win.
Ford Motor Company not only survived the financial crisis of 2008/2009, which had pushed General Motors and Chrysler into bankruptcy, but also emerged as a robustly competitive member of the world’s leading auto producers. However, Ford’s ability to sustain its strong financial performance depends critically on the state of the world’s automobile industry (Grant). Synopsis of the Case For decades, through the boom and bust years of the 20th century, the American automotive industry had an immense impact on the domestic economy. The number of new cars sold annually was a reliable indicator of the nation's economic health. (Davis) Relevant Factual Information about the Problem or Decision the Organization Faced The collapse in industry profitability in 2007–2009 and the bankruptcies of General Motors and Chrysler were not simply consequences of the financial crisis.
In 2006, Business Week/Interbrand Annual Rankings Top 100 Global Brands placed Harley – Davidson at 1 number up from 2005, #45. Fortune also placed Harley – Davidson in its 2004 list of ‘Most Admired Companies’. Previously, Forbes named it its Company of the Year for 2001, but it is worth noticing that Harley-Davidson did not make Fortune’s list in 2008. Harley- Davidson’s number of motorcycle shipments were 330, 619 in 2007 versus 349, 196 in 2006. Its European market share showed a growing trend standing at 9.6%.
(Muchmore, 2012) “Lowering PC software piracy by 10 points over four years would create 600,000 additional new jobs worldwide.” (PC SOFTWARE PIRACY POSES CHALLENGES TO CYBER SECURITY, 2009) KIDDER’S NINE STEPS – Individual vs. Community Step 1 – Recognize that there is a moral issue. Although the piracy rates in the current years have slowly decreased, nearly 42% of all software is pirated throughout the world causing fewer IT jobs. Because of those reasons, software piracy is a moral issue. Step 2 - Determine the actor (whose moral issue is it?). The moral issue is the individuals because the person’s actions are not ethical.
However, in this fast-paced, innovative world, no company is safe from competition. In 2007, Ford became the third-ranked automaker in U.S. sales, falling from the second-place automaker ranking for the first time in 56 years (Wikipedia). Ironically, one year later, Ford is reaching out to their consumers, employees, dealers, and retirees with their “Drive One” campaign. The “Drive One” campaign is seeking to educate their audience, change their attitude and encourage behavior. These objectives can be exhibited in the KAB Model: knowledge, attitude and behavior.
What is your assessment of overall industry attractiveness? Search Engine Industry is built upon Search and also advertising. If we look at the latest data (for year 2009) there are beside Google 5 big players: * Yahoo, which has a challenger’s and loser’s position * Bing, this is new brand name for MSN Live search * Baidu, China search engine * Ask * AOL Where search engine is powered by Google At the figure, we can see that Google own 65% of U.S. Market and 85% of global Search Engine Market. Data from St at Counter Global Stats for Year 2009 shows that Bing market share was in start (June 2009) a little higher then MSN Live search had in past. In that time there is also a little decrease of Google’s market share.
ASTON UNIVERSITY SCHOOL OF LANGUAGES AND SOCIAL SCIENCE: PRE-SESSIONAL MODULE LE2046 RESEARCH PROJECT PROPOSAL TOPIC ‘Google Plus’ Versus ‘Facebook’: A Social Networking Competition For Customer Loyalty Name: Yang CHEN Student Number: 119144846 Tutor: Richard Galletly Introduction It is commonly believed that Facebook is the most popular social network which is used by people worldwide (Gunelius, 2011) and it had over 750 million customers by June, 2011 (Facebook, 2011a & b). According to Kelleher (2011), there is a forthcoming competition between Google Plus (henceforth Google+) and Facebook related to customer loyalty. He goes on to state that despite being a new brand, Google+ matches Facebook on many aspects and surpasses it in other ways. In addition, BBC News (2011) states the latest objective of Google+ is to achieve more than 500 million users. By this token, a competition for the market shares of social networking will be unavoidable by Google+.
This paper will try to shed some light on the matter thru past and recent articles from analysts and insiders that has attempt to decipher Apple’s recipe for success. Apple is a computer and software manufacturer that also sells digital content as: books, music, operating systems and software applications (Apple.com, 2013, p. 1). The 2013 Fortune 500 global company list ranks Apple as #17 (Money.cnn.com, 2013). According to Badenhausen from Forbes (2013), Apple is the most valuable brand in the world, “Apple is the most valuable brand in the world for a third straight time at $104.3 billion, up 20% over last year. It is worth nearly twice as much as any other brand on the planet by our count.” (para.
Case Study: Google in China MGT/448 Background Google China was founded in 2005 by Kai-Fu Lee, a former Microsoft executive. Google is the number three search engine in China. To avoid governmental censorship and ad hoc shutdown of Google's search engine, the company moved its main office from Beijing to Hong Kong. Hong Kong functions under a different set of state and federal laws that allow it to "use the name "Hong Kong China" and maintain and develop relations and conclude and implement agreements with foreign states and regions and relevant international organizations in the appropriate fields, including the economic, trade, financial and monetary, shipping, communications, tourism, cultural and sports fields" (Article 151, Hong Kong Basic Law). This calculated move by Google allowed them to legally circumvent China's censorship and shut down of their search engine by re-directing all search queries from google.cn to google.com.hk.