CVS Caremark Global Expansion to United Kingdom Global Business Management Abstract CVS Corporations was founded by Sid Goldstein, Stanley Goldstein and Ralph Hoagland, May 8, 1963 in Lowell, Massachusetts. In 2007 CVS pharmacy merged with Caremark Rx which created CVS Caremark. CVS Caremark is currently the number two pharmacy store in the United States with revenues exceeded $100 billion dollars and has over 7,400 hundred stores in 42 states. The corporation has been successful for over 40 years in the United States. CVS Caremark is designing a global expansion strategy to target areas that are profitable and promising demographically.
With over 170,000 employees around the world, Johnson Controls is a global industrial leader serving customers in over 150 countries and is committed to corporate social responsibility (Johnson Controls, 2014). Corporate social responsibility is a sustainable business model that is built around the integration of environmental considerations, ethical business practices, company profitability, and governing laws. Companies have the responsibility of taking ownership for the impact of its decisions and activities on the environment, society, and its own prosperity. This triangle of responsibilities is referred to as the “triple bottom line” of planet, people, and profit (Green Living Tips, 2010). The purpose of this report is to present a social responsibility proposal for Johnson Controls that will focus on environmental considerations, sustainable business practices, ethical decision making by leadership, and compliance with all government laws and regulations.
Global Cultural Issues Affecting Chevron Outside the United States Jerry Teague ETH/316 July 29, 2013 Ed McCullough Global Cultural Issues Affecting Chevron outside the United States Chevron ranked number three recently in the Cable News Network (CNN) list of the world’s largest companies as of 2012, up the previous year’s number ten ranking. Presently, the company headquarters is in San Ramon, California, with more than 60,000 employees worldwide including around 4,000 service station employees. Chevron recently sold its Ireland refinery and some assets in the Caribbean and Africa. It bought Atlas Energy and is confident about its prospects in the Gulf. Chevron conducts business worldwide as one of the global integrated energy companies.
As a bank they now have over 13,500 branches in more than 40 countries worldwide. They also have 92 million customers, with their main focus being in Europe, UK, USA and South America. They are now one of the world’s strongest and best capitalised banking networks and one of the top for making profits. It also claims to be the safest and secure, which is appealing to customers who want security with their banking society. Types of information | Source | Purpose | Advantages | Disadvantages | Verbal and non-verbal.
Staffing Plan Paper Magdy Joseph Zakhary MGT 431 May 29th, 2012 Linda Armstrong Staffing Plan Paper Pacific Gas & Electric (PG & E) has a stated goal of becoming the “Number one utility provider in the United States.” Currently employing approximately 20,000 personnel that take care of approximately 15 million customers throughout the utilities nearly 70,000 square miles of service territory, it would seem that PG & E is heading in that direction. The company is currently traded on the New York Stock Exchange and despite some public relations issues and a few minor operational concerns, is extremely profitable and stable. Anticipating, forecasting and planning for the various staffing needs for such a vital organization is a daunting task that falls upon the shoulders of Human Resources Senior Vice President John R. Simon. Mr. Simon, by trade, is a Lawyer, graduating from Georgetown University. Mr. Simon also holds a bachelor’s degree in Business from Colorado College.
This case focuses on QuikTrip Corporation, a chain of nearly 600 privately held convenience stores. Led by Chester Cadieux, QuikTrip seeks to be the dominant convenience/gasoline retailer in each market in which it operates. With over 10,000 employees, QuikTrip has been recognized for nine consecutive years by Fortune magazine as one of the “Best Companies to Work For.” This esteemed position has been achieved through hiring people who like people, and by emphasizing the importance of the employees and the ‘human touch’ in QuikTrip’s success. QuikTrip considers its employees to be a “living brand and [the company] devote[s] a great deal of time and energy to training and developing them so that they reflect the brand’s core values.” By examining Cadieux’s management/leadership perspective, QuikTrip’s personnel practices, and the employees’ characteristics, one can begin to understand the roles played by values, attitudes, and emotions in the work behavior exhibited at QuikTrip. 1.
Walmart Stores Walmart operates various formats of discount department stores under 53 different banners in 15 countries, including Walmart, Sam’s Club, & Asda, and is the largest retailer in the world. As of Jul 31, 2011 the company operated 9,667 total stores including 3,822 Walmart U.S., 609 Sam’s Club, and 5.236 International locations. Demand Since the Price elasticity of demand for the type of walmart’s products is very high, Walmart always succeed to be an attractive substitute store by having the lower price. This allows it to have a shift of the demand to right. Annual Sales Data | | 2011 | 2010 | 2009 | 2008 | 2007 | Net Sales (1,000′s) | $ 418,952,000 | $ 405,132,000 | $ 401,087,000 | $ 373,321,000 | $ 344,759,000 | YoY % Chg | 3.4% | 1.0% | 7.4% | 8.3% | 11.6% | Same-Store Sales Chg | -0.6% | -0.8% | 3.5% | 1.6% | 2.0% | | Walmart reported net income of $3.80 billion ($1.09 Diluted EPS) for the second quarter ended Jul 31, a 6% increase from a year ago.
A lookup of companies active in 2006 by SIC code (Compustat) gives insight into other potential targets. Both Dow Chemical Company and Rohm and Maas have a SIC code of 2821. At the time of formulating the new strategy, Liveris had 16 other companies to choose from in that had the same SIC code (January 2006). One potential reason for the attractiveness of Rohm and Maas for Dow was its size. With an equity value of $11billion, compared to Dow’s value of $40billion, the combined entity would by far be the largest in the industry.
For example, China generates more than 21% of U.S. economic output and employs 3/5s of all manufacture’s employees (about 1 million). Also, China produces 56% of U.S. exports. 13. Between Walmart & Costco’s approach, I believe that Costco’s is better. Their policies benefit their employees and the wait for health care eligibility amongst the staff is much
Cross Cultural Perspectives ETH/316 Levi Strauss and Company is a globally recognized company. They are one the nation’s largest apparel makers and as well as one of the largest in the world. Based out of San Francisco, California, Levi Strauss has buys and operates in over 100 nations. Besides the United States, the company gains almost half of their annual net income from sales outside of the country. Many companies who are in the international market are faced with ethical and moral challenges due to dealing with cultural differences..