Organisational culture and the scandal Essay Example | Topics and Well Written Essays - 3000 words

Organisational culture and the scandal - Essay Example This was the second write-down due to EDS. HP also revised its restructuring plans and changed the estimates based on the fourth quarter revenues and asserted that the company would be experiencing lower revenues from the software segment due to alleged fraud by Autonomy. HP recorded an estimated $ 8.8 billion write-down in the acquisition. According to the author, the company had made a poor hiring decision after another since it failed to stand behind CEO Mark Hurd who was keen on corporate governance (Saintvilus 2). HP business performance after the exit of Hurd began to fall, and no one could have predicted what his departure would hold for the future of HP. Hurd who is currently a president at a rival company (Oracle) was ousted from the management of HP due to allegations of sexual harassment that were attributed to Jodie Fisher who was an outside contractor. But surprisingly, Jodie Fisher who has appeared in many movies like ‘sheer passion† interestingly expressed sympathy for Hurd’s firing accusing HP of quick and sudden decision. Fisher’s attorney also claimed that the two had no sexual relationship, but the board went ahead to fire Hurd. The board failed in due diligence in the internal investigations since the board rushed the decision without attributing any evidence of managerial misconduct to Hurd (Svensson 3). Hurd had actually steered HP stock performance from $ 21 to $ 42 due to strong strategic leadership, but the share began to fall soon after Hurd’s departure. The share plummeted to a 10-year low of $ 11.35, but the board has been adamant in acknowledging that it made a wrong decision. After Hurd moved to Oracle, HP feared for its survival in the market and started legal wars citing non-compete agreements with Hurd thus leading to more business rivalry that included Oracle’s termination of porting software than runs on HP’s servers that uses Intel’s Itanium chips. The HP segment eroded $ 275 million in revenues. The above HP situation relates to lack of due diligence, corporate ethics and poor corporate culture since the Board has consistently failed in its decisions. Before HP finalized the acquisition, Jim Chanos, a short seller also issued detailed reports highlighting loopholes in Autonomy’s disclosures and financial records. Of particular note is that the entire management did not support the deal since the Chief financial officer who oversaw the acquisition was against the deal. Cathy Lesjak, the CFO had cautioned the management that the acquisition was expensive and was not in the best interests of the company (Wall Street Journal 2012). Organisational culture and the scandal There are many corporate governance requirement and financial reporting requirements that should be followed by all corporations. This means that the board of directors must exercise due diligence when dealing with other stakeholders or when reporting the economic performance of t he company. The management of HP is tasked with safeguarding the welfare of the shareholders who provide capital for the company. The board of directors at HP did not see the need of impartial investigations before acquisition of Autonomy. According to corporate governance issues, stronger companies like HP will acquire other

Poems and Feelings Essay Example | Topics and Well Written Essays - 500 words

Poems and Feelings - Essay Example A man can spend whole life among such hills and can never exhaust from them but every time he finds these scenes much more beautiful than before. The poet in the last line says: This point of view really collapses with my view because nature is the thing which God has filled with love and affection. The poem develops the feelings of love and admiration towards nature and the beauties it has created for us. Having read this poem â€Å"Lost sister† I realized the importance of moral values, culture and tradition. Here the poet describes two types of women. Both are brought up in same culture but one of them chooses her life to spend in her native culture but the second chooses American disrupt culture. In my opinion the well cultured and traditional women desire more respect and honor than the one who is running in the social race of life with man because cultural lady can be seen but cannot be heard. On the other hand, the other women prefer freedom over respect. This poem enhances my inclination towards the traditional and cultural ladies, who spend their whole lives for the sake of family. In the poem invisible mending, the poetess describes about three old ladies. She exclaimed that they always remained busy in their work, in spite of being so much old. Their hands become hard, eyes become keen but they still work hard untiringly. According to the poetess: This poem has increased the regard in my heart for old people to whom we do not give so much attention but actually they are experienced and learned people and can transfer all such knowledge of life in our personalities. This poem also develops my self esteem and courage to achieve my goals through hard work regardless of the difficulties. As I read the poem â€Å"A Blessing† written by James Wright, I feel that God perfects the nature by its creature. According to me love is gifted by nature and it is embedded in human heart. It is the love that penetrates into the

Western civilization class assignment (about 20th centrury)

Western civilization class (about 20th centrury) - Assignment Example iii) During the war, it happened that African Americans, women, and the Mexican Americans were able to find new opportunities in the industry. However, the Japanese who were living on the Pacific coast relocated to internment camps. According to Robert (143), the difference in the Allie’s visions of postwar Europe had a basis on the divergent intentions of each country that was involved. The Soviet Union intended to make Europe communistic. In this way, it would be easier for her to rule Europe. However, this was not possible as it portrayed a lust for power on the Soviet Union’s side. The United Kingdom also wanted the USA and Europe to cooperate with its ideas and policies but, again, this was not possible. Moreover, France wanted Europe to be free from the USA as was portrayed in her bid to establish the European Union. The result of these differences was the emergence of the Cold War, for instance, between the USA and the Soviet Union in their bid to have control over Europe. The Cold War saw countries like China and Japan getting closer to the Western countries to avoid the war-pact Soviet Union and its allies (Robert, 167). The independence of the European colonies came from the Cold War between America and the Soviet Union. There was a creation of new countries during this period with some full of natural resources while others desperately poor. This change led to the loss of interest in these nations by their European colonizers. The Cold War complicated the US support for decolonization though it continued with the war to prevent Soviet Union’s domination in Europe. All the US’ European allies believed that after their recovery from WW II, their colonies would provide markets and raw materials for the growth of Europe’s economy. However, the American government’s intention clearly showed that it was on the opinion of letting the colonies slip away. This factor

Customer equity Essay Example | Topics and Well Written Essays - 6000 words

Customer equity - Essay Example Value equity is the customer's objective assessment of the utility of an offering based on perceptions of its benefits relative to its cost. The sub drivers of value equity are quality, price and convenience. Brand equity is the customer's subject time and intangible assessment of the brand, beyond its objectively perceived value. The sub drivers of brand equity are customer brand awareness, customer attitude towards the brand and customer perception of brand ethics. Relationship equity is the customer's tendency to stick with the brand, beyond objective and subjective assessment of its worth. Sub drivers include loyalty programs, special recognition and treatment programs, community building programs and knowledge building programs. In the present relationship-marketing situation, most of the companies using technology such as E-mail, websites, call centers, databases and database software are helping to foster continuous contact between company and customers. Companies that want to develop strong customer relationships generally add financial benefits, social benefits and structural ties to its product. In providing financial benefits, companies provide customer the frequency rewards and club marketing. Today, most supermarket champions including Sainsbury offer price club cards and provide member customer with discounts. Many companies have created club membership programs to strengthen relationship with customers. Open clubs are good for building a database or snagging customers from competitors, limited membership clubs are more powerful long-term loyalty builders. Companies' personnel work on increasing social bonds with customers by individualizing and personalizing customer relationships. Customer relationship is more or less of the view that customer must maximize his or her relationship with the company through up selling and at the same time, enhancing profitability by identifying, attracting and retaining the best customers. Through better relations hip and customer's information, customer time could be saved. Putting better customer relationship requires developing a set of integrated applications to address all aspects of front office needs including automation of customer services, field service, sales and marketing. The main aim of better customer relationship includes acquiring, enhancing and retaining the customer. Sainsbury has done this quite successfully. To acquire and retain the customer and to develop a long-term relationship Sainsbury is providing healthy, safe, fresh and tasty food as well as at fair prices. Sainsbury's price competitiveness is currently the best. It has been for many years following the investment of more than 450 million pound over the last three years. Around 15,000 prices are checked every week to make sure its competitive position has been maintained. In August 2007, Sainsbury has launched. "Different values" campaign to provide its customer, the products of higher quality specifications and great values. In March 2003, Sainsbury launches "Feed your family for a fiver" campaign to reach out and maintain a long-term relationship with its customers through providing affordable, healthy and nutritious meals for a family of four could be prepared with the budget of 5 pound. Sainsbury's values are not just for food items but available for non-food

Human Recourse Management Amounts to Little More Than a Simple Essay

Human Recourse Management Amounts to Little More Than a Simple Reworking of the Human Relations School of Management - Essay Example This essay stresses that there are several factors which have there impact on the growth of the HRM as a field. The main factors are economy and society. During the period of agrarian economy the social structure and economy was very simple. It developed into a complex system during industrial revolution. The social set up changed. There was more emphasis on the productivity. Manufacturing industry contribution to economy decreased in subsequent years and Service Industry experienced growth. The importance of human increased due to the fact that human is important factor in the production and consumption of services. Human resources have been an important factor of production from the agrarian economy. This paper makes a conclusion that the scientific methods of management by Taylor and his stress on efficiency improvement gave food of thought to others. Mayo and others focused on the soft components of workers’ life. These were the psychological and social components. This was the starting of the study of human resource management. Various theories of motivation, leadership, loyalty, perceptiuon, behaviour and others have developed. The contributions of Human Relations School of Management encouraged the managers and leaders to understand individuals’ various needs and develop their human resource strategies on the basis of that. This have demanded for an individual department in the organisations. It is Human Rsource Management department which independently handles the needs and requirements of the human resource. Hu

Global Business Communication Issues Essay Example | Topics and Well Written Essays - 500 words

Global Business Communication Issues - Essay Example To effectively market the products in every export territory, business enterprises must communicate in the local languages. The implications of such a requirement are that the business enterprises should translate their product information, business communications, and marketing collateral. To create communications that are relevant to the local market needs a translation that exceeds the domestic content is required. Therefore, companies must make their advertising copies incorporate the benefits that specifically meet the needs of the local buyers and product descriptions to comply with the local practices and regulations. Solving this communication challenge requires that international companies should have localization agencies in different countries. Another critical issue in the global business communication is that of using consistent product terminologies. There is a significant challenge for every manufacturer to ensure that the names of the components, products, and spare p arts are consistently used in every export territory. Lack of consistent product terminologies creates a problem in supplying the right spare parts or products. To address this problem, the international companies must develop databases of technical terms and products and provide the translations of these technical terms to the local distribution and marketing agencies. The global business enterprises should undertake a global terminology management to ensure the consistency of communication and avoid costly errors.

Are viruses alive Essay Example | Topics and Well Written Essays - 1750 words

Are viruses alive - Essay Example Viruses are microscopic agents that survive only in the nucleus of cells of other living organisms. This implies that viruses live in any living thing both plants and animals. They replicate inside the cells and, in some advanced cases, they feed on the nucleus of the cells thus resulting in the death of the cells. Viruses have unspecified structure of deoxyribonucleic acid commonly referred to as the DNA (Dilcher, 2000). The DNA defines the structure of cells, the fact that viruses have indefinite DNAs makes them capable of changing their structure from time to time thus making it difficult for the body cells to identify and remove them from the cell structures. Among the most notorious virus is the Human Immunodeficiency virus that causes the Acquired Immune Deficiency Syndrome, AIDS (Nelson, 2010). This research article therefore employs an effective analysis of this single virus to describe the features of other viruses by extension. The structure of a virus A virus is an organis m with a simple structure, this is arguably the smallest organism on earth and due to its small size, the organism cannot survive on its own, it thus requires the cell of a host organism to thrive. Viruses have the simplest structures composed of only three components. These are the nucleic acid, the protein coat and the lipid membrane. The nucleic acid is the most essential part of the virus; it contains the deoxyribonucleic and the ribonucleic acids. The two acids define the virus; they contain all the necessary information for the virus to define its unique indefinite structure and to make it multiply (Theodora, Guoying & Dimitris, 2002). The nucleic acid is lightly dispensed in surrounding plasma all of which are enclosed in a protein coat. This is a light layer of pure protein elements that protects the components of the virus. The protein layer defines the virus. However, being purely protein, the coat lacks definite shape to constitute the definite structure of a virus. The s oft coat is highly permeable allowing free movement of molecules in and out of the virus. The structure of the protein further changes according to the protein composition of the host cell, this enables the virus to vary its acidity and alkalinity levels to suit that of the host cell thus permit its survival. Besides the two components of a virus is the lipid membrane. This is a layer found after the protein membrane. However most viruses lack this layer and survive only with the protein layer as the most outside coat. Viruses that lack this final outer coat are generally referred to as naked cells. The lipid membrane performs the edge formation function thus defining the virus. It also lacks such strong elements as keratin and lipid and therefore aids in the indefinite structures of viruses. Virus infection process Unlike other living organisms, a virus cannot survive on its own; viruses have no chemical composition to exist without the assistance of a host cell. Host cells on whic h a virus mounts itself is referred to as a receptor (Agalioti & Prekh, 2001). Viruses choose their receptor carefully taking into consideration the information in the viruse’s deoxyribonucleic and ribonucleic acid this implies that every virus has its specific receptor. Once a virus gains entry into the body of a living organism, they attach themselves to their respective receptor cells from where they thrive through the rigorous replication process (Dilcher, 2000). The flu causing virus shows preference for the mucus coating cells found in the lungs and other airwaves in the body. The HI Virus on the other hand shows indiscriminate preference to white blood cells in the body of a living organism. Since viruses cannot survive alone, they do not therefore freely exist in the environment but are carried in the body cells of other previously infected organisms. They thus transfer from these organisms to the other through contact of the bodies that possibly results in the exposu re of the body cells of the second victim.