Preview

Generally Accepted Accounting Principles and Dell

Good Essays
Open Document
Open Document
2423 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Generally Accepted Accounting Principles and Dell
2. Accounting functions
This chapter will discuss the organization of Dell in general and provide insights about the Dell business. Will discuss the different stakeholders who are interested in Dell Company and what the key resources of Dell are. Will see the role of accounting within the organization and the accounting software, if any, they use.
2.1. About Dell

Michael dell is the founder for Dell Company. Michael, with twenty seven years old, was the youngest CEO of a fortune 500company in 1992. He started by selling computers to the customers directly bypassing the middleman. Michael emphasis was not just on good machine, but strong customer support and cheaper price.
Dell is one of the leading companies in technology field. The company founded in 1984, helped a lot in the technology and technical solutions. Dell has empowered countries, communities, customers and people everywhere to use technology to realize their dreams (Dell website).
There are a lot of products of Dell. Dell introducing desktops, laptops, printers, servers and other service and IT solutions like cloud computing, networking, etc. Thus, dell serves and provides solutions for home, small, medium and large business.
As one of the computer companies and due the rapid change in the technology field the competition was and still vast between computer companies. Dell was one of the first companies that enter the market of computers hence reserve a place to itself. Dell in 1992 entered more than 30countries you can imagine how many countries deal with dell today. I think all the countries have Dell dealers or distribution channels.

2.2. Stakeholders
Stakeholders refer to everyone or every part gets benefit or affect by a company. For Dell, since dell a multinational company I will identify different stakeholders who are interested in Dell.
2.2.1. Employees
Dell is a well know organization hence everyone would like to work for it. The success that the company made and the distribution

You May Also Find These Documents Helpful

  • Good Essays

    Dell's Strategies

    • 778 Words
    • 3 Pages

    DELL is a really interesting company to study, especially since Michael Dell started the company out of his dorm room and grew Dell to become 51 on the Fortune 500 list (as of 2013- Fortune Magazine) & the No. 3 computer maker in the world, employs 14,000 workers in Central Texas. The idea of a value-chain created by Dell gives the company a unique presence in the PC/IT market.…

    • 778 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Swot Analysis of Dell

    • 481 Words
    • 2 Pages

    Dell is always known by pursuing a strategy by introducing many new products to its range, such as printers, toners but now it’s including LCD televisions and other non-computing goods so Dell now competes against iPod and other consumer electronics brands.…

    • 481 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Dell Leadership Strategy

    • 320 Words
    • 2 Pages

    Dell Computers have been the industry leader with there cost-leadership strategy. They strive to provide technology and support at a lower unit cost than their competitors. They are a direct model company. Their unique relationship with customers gives Dell the opportunity to know exactly what their customers want and offer products that their customers need. They have a strong focus on being a "market taker" rather than a "market maker". Capitalizing on their ability enter new markets and dominate them the way they have in the lower end server and work station markets has been a crucial part of Dell's success.…

    • 320 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Dell Hbr Case Study

    • 2246 Words
    • 9 Pages

    Dell Computers was started by Michael Dell in 1984. Dell’s primary differentiator was its business model.…

    • 2246 Words
    • 9 Pages
    Better Essays
  • Better Essays

    Dell Inc. in 2009

    • 1687 Words
    • 7 Pages

    In 1984, a freshman named Michael Dell, with the concept of direct marketing and a thousand dollars, founded the Dell Computer Corporation. From then, Dell has proven to be the global computer industry's fastest-growing company over the past decade. Dell’s success was primarily attributed to three key factors, the direct sale model, the built-to-order system and the just in time system. However, in 2006, Dell confronted severe underperformance and dropped sales, a sequence of reactions took place then.…

    • 1687 Words
    • 7 Pages
    Better Essays
  • Better Essays

    Although Dell, Inc. has been remarkably successful in its marketing approach that aided in in rapid growth in market share, it had its share of short-comings. This was mostly due to its reactive approach to situations that were pertinent to its success and could have been minimized or eliminated with more thorough research. Dell had tapped into markets suffering losses and disadvantages due to its direct sales strategy and lack of research.…

    • 1536 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Dell 4 P's Marketing

    • 3738 Words
    • 15 Pages

    Dell Inc. (formerly Dell Computer) is an American multinational computer technology corporation based in Round Rock, Texas, United States, that develops, sells, repairs 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 44 in the Fortune 500 list. It is the third largest PC vendor in the world after HP and Lenovo.…

    • 3738 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Research Paper

    • 1889 Words
    • 8 Pages

    Dell is a pioneer company and big name in the technology world, they got to the point that they design, develop manufacture, and distribute their own products without any outside source help. The story of dell started back in 1984 in round rock, Texas by the current CEO Michael dell.…

    • 1889 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Betech P4

    • 2263 Words
    • 10 Pages

    The Aims and Objectives for Dell are to maximize profit and to be the dominant high technology computer manufacturer and provide people all around the globe with powerful, multi featured computers which people could easily use without much technical support. Dell aims to please all consumers with great computers and to invent products in the future that will be useful, handy and sleek that will appeal to consumers all over the world, with a special focus on developed regions like UK, USA, CANADA and a few popular Asian countries like China, Japan, India and South Korea and to become the world's number one company.…

    • 2263 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    As a top company in the Computers, Technology and Office Equipment industry Dell specialize in designing, manufacturing and marketing innovative products, services and technologies including Desktops, Servers, Notebooks and Printers.…

    • 704 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    Dell is a technological sales company which performs their business in the whole world as is possible to see in the following diagram.…

    • 4497 Words
    • 18 Pages
    Best Essays
  • Powerful Essays

    Dell is a global information technology company that offers its customers a broad range of solutions and services delivered directly by Dell and through other distribution channels. Their focused is to provide technology solutions that are more efficient, more accessible, and easier to manage.…

    • 3161 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Dell in China

    • 388 Words
    • 2 Pages

    PC Limted was the first name given to this innovative company that took the world. Later to be known as Dell Computers Corporation and now Dell Inc., this company was founded by this, college dropout , Michael Dell in the early 1980’s who started out upgrading hard drives for IBM compatibles. A year of computer upgrades for local businesses the company had grown to a $6 million business, at the end of 1985 Dell started offering custom built-to-order machines which caused the company to explode with $70 million in sales. Within five years Dells’ total sales had grown to an unbelievable $500 million and became nationally known as a supplier of stat of the art desktop and PCs. Dell continued to achieve phenomenal records in sales and profit growth, eventually making it the most successful company in the PC industry, surpassing $25 billion in 2000.…

    • 388 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Building Trust

    • 1432 Words
    • 6 Pages

    Dell, Inc. and its subsidiaries engage in the design, development, manufacture, marketing, sale, and support of various computer systems and services worldwide.…

    • 1432 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Dell Marketing

    • 2498 Words
    • 10 Pages

    Dell is a diversified information technology providers and partners directly to customers cover a wide range of global products and services. Dell in “Fortune” magazine “America the most appreciated companies” rankings, and ranked No. 1 in “Global most appreciated companies” rankings, ranked third. Dell commitment to provide our customers design, build and deliver innovative customized based systems in order to provide customers with outstanding value.…

    • 2498 Words
    • 10 Pages
    Powerful Essays