Preview

Business Decision Making

Good Essays
Open Document
Open Document
1589 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Business Decision Making
INTRODUCTION
Dell, Inc. is an American multinational information technology corporation based in 1 Dell Way, Round Rock, Texas, and United States that develops, sells and supports computers and related products and services. Bearing the name of its founder, Michael Dell, the company is one of the largest technological corporations in the world, employing more than 103,300 people worldwide. Dell is listed at number 41 in the Fortune 500 list. Dell has grown by both increasing its customer base and through acquisitions since its inception; notable mergers and acquisitions including Alienware in 2006 and Perot Systems in 2009. As of 2009, the company sold personal computers, servers, data storage devices, network switches, software, and computer peripherals. Dell also sells HDTVs, cameras, printers, MP3 players and other electronics built by other manufacturers. The company is well known for its innovations in supply chain management and electronic commerce. A board of directors of nine people runs the company. Michael Dell, the founder of the company, serves as chairman of the board and chief executive officer. Other board members include Don Carty, William Gray, Judy Lewent, Klaus Luft,Alex Mandl, Michael A. Miles, and Sam Nunn. Shareholders elect the nine board members at meetings, and those board members who do not get a majority of votes must submit a resignation to the board, which will subsequently choose whether or not to accept the resignation. The board of directors usually sets up five committees having oversight over specific matters. These committees include the Audit Committee, which handles accounting issues, including auditing and reporting; the Compensation Committee, which approves compensation for the CEO and other employees of the company; the Finance Committee, which handles financial matters such as proposed mergers and acquisitions; the Governance and Nominating Committee, which handles various corporate matters including nomination of the

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Based on the discussion with my learning team of the milk plant business problem, there is a variety of different products that are output from the plant. The amount of product that is produced everyday varies on what they are processing on that given day. The products that are produced are varieties of different milk, half and half, and manufacturing cream. In order to determine how to solve this business problem, I will need to create some random numbers with how many gallons of milk the silos hold on site, how many gallons of the varieties of milk that are processed and produced, how many…

    • 495 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Unit 3, P2

    • 301 Words
    • 2 Pages

    A board of directors of nine people runs the company. Michael Dell, the founder of the company, serves as chairman of the board and chief executive officer. Other board members include Don Carty, William Gray, Judy Lewent, Klaus Luft, Alex Mandl, Michael A. Miles, and Sam Nunn. Shareholders elect the nine board members at meetings, and those board members who do not get a majority of votes must submit a resignation to the board, which will subsequently choose whether or not to accept the resignation. The board of directors usually sets up five committees having oversight over specific matters.…

    • 301 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    5. What influence do consumer ratings that fall either above or below the norm have on your managerial decision-making process? For example, when a professor (or an Amazon.com product) is rated with 3 stars, what strength do you place on the few individual reviews that rate them with 1 star or 5…

    • 280 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Job satisfaction and job turnovers can hurt a business with the add expense of training new employees. Our team is discussing ways to conduct a survey for employees in an attempt to understand and correct any problems to lower job turnovers and increase job satisfaction. By understanding how the employees see their position with the company, and how their feel about the operations will give the insight need to improve all areas. Top on our list is learning if employees feel they are valued by the company, also to learn how well they are trained and paid.…

    • 471 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Decision Making Case Study

    • 1487 Words
    • 6 Pages

    Health care is one of the largest growing industries in the country. Technology and medical advancements attribute to the constant changes in the health care industry. The economy also continues to change, and with the changing economy health care cost continue to rise. Companies across the nation have either closed or moved to other countries. El Paso County Clinic is struggling to keep the doors open. Buduget cuts have affected the clinic tremendously. The El Paso County Clinic’s budget has been cut by 15%. The population affected by the budget cuts are Medicaid recepients. Medicaid recepients have a two-fold problem; reduction of benefits, and the reduction of services at the clinic. El Paso County Clinic’s recent budget cuts will force the administration to reduce and eliminate services. The El Paso County Clinic must address the current budget cuts by reducing, and or eliminating services, and continue to provide quality health care.…

    • 1487 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Evironmental Scan Paper

    • 1781 Words
    • 5 Pages

    Dell is a worldwide information technology company that was founded by Michael Dell who is one of the University of Maryland’s most famous and successful alumni. Dell is based in Red Rock, Texas. This part of Texas is near Austin and is an area that is considered one of the biggest high tech sectors in the United States. Dell develops, manufactures, sells, and provides support for its desktop and laptop…

    • 1781 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Business Management

    • 463 Words
    • 3 Pages

    What's missing in the performance management process seems to be everything: format, feedback, development, leadership, and mainly focus. Doing the process correctly. Giving the employees feedback. Have appraisals more than just once a year. Treat each employee at each store fairly. These things being done consistently, will help improve discipline and morale.…

    • 463 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Decision Making

    • 411 Words
    • 2 Pages

    The general nature of the problem is not having a location due to Katrina and having to make…

    • 411 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Security breaches affect businesses all over the corporate America. Every day there are thousands of companies that are in threat and danger of being affected by this issue. Each business can be affected deeply by this problem. Security breaches can tarnish and blemish the image of the company and create significant tangible and intangible losses for a business.…

    • 435 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Business Management

    • 928 Words
    • 4 Pages

    1. Complete the table below with descriptions of at least two different features of a telephone system and how / when they would be used.…

    • 928 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Business Management

    • 706 Words
    • 2 Pages

    1) Dicuss Pandora Media in terms of risk, uncertainty, and how its managers handled the company’s challenges. What is the current news on this company? The meaning of a business operating under conditions of uncertainty is the lack of pertinent information and cannot estimate accurately the likelihood of different results of their actions. Pandora media provides internet radio services in the United States. Some of Pandora’s risks that would lead to the company’s probability of success would be the uncertainty at the core of finance. Meaning, even though Pandora’s music service has grown to 80 million registered users and a database of over 800,000. They still lack to generate sufficient revenue to turn a profit due to the economy. Managers handle the company challenges by modifying its original commitment to the free radio model, offering users an alternative. Listeners who would prefer to skip the advertising have an option to pay $36 per year for ad-free streaming of their music.…

    • 706 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    1. Your firm is deciding whether to pursue a $200 R&D project to develop a new drug. You estimate there is a 40% chance of successfully creating the drug, which will generate revenue of $550. Your competitor has just announced that it is spending 150 to pursue development of a similar drug using a different technology. You estimate that there is a 30% chance your competitor will succeed. If both firms succeed, they will each obtain revenue of 275.…

    • 514 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Everpia Viet Nam, a company with 100% Korean invested capital is the owner of high-grade Everon bedding- a reputable brand for lots of consumer in Viet Nam. It has already 3 factories in Dong Nai and Ha Noi and now wants to establish one more factories in order to expand its activity. Our company was asked to study and find out the most suitable location that can be the sub-constructors of Everpia base on some criteria. We will collect the information by using variety sources of data and evaluate the company by using survey method (include sampling method, collecting method and questionnaire).…

    • 3274 Words
    • 14 Pages
    Good Essays
  • Better Essays

    Decision Making

    • 1294 Words
    • 6 Pages

    This case study deals with leadership, decision making, and effective communication. Also, how important it is for a President and the staff to work together in a team to solve a problem. Not every decision is the correct resolution, but there are better decisions made when there is a group effort. This discussion will be completed through an analysis of the case study on decision making based on Mission and Vision of an Organization. This discussion will determine the best decision making method, the final decision by the President, and how the decision will be communicated to the staff and the public.…

    • 1294 Words
    • 6 Pages
    Better Essays
  • Better Essays

    Decision Making Case Study

    • 1185 Words
    • 5 Pages

    With rising health care costs and the current state of the economy, it is not surprising that the clinic is forced to reduce its budget. The organization has decided to finalize the budget cuts, and decisions must be made about how to best achieve the goal of reorganizing…

    • 1185 Words
    • 5 Pages
    Better Essays

Related Topics