Preview

The Ipremier Company

Powerful Essays
Open Document
Open Document
1588 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Ipremier Company
The iPremier Company: Denial of Service Attack

1. Company overview

The iPremier is Web-based Commerce Company and established in 1996 by two founder students from Swarthmore College. The company is one of the top two retail businesses in online transaction which selling from vintage goods and to the luxury item.

Its well knows that during fiscal year 2006, iPremier has grabbed profit $2.1 millions with sales of $32 million from their high-end customer. The company has also recorded with growth by 20% annually for the last three years consecutive sales whereas back in late 1998, the company’s history of stock price had nearly tripled, especially when the euphoria of the 1999, which the market is rose to tripling, prices. Its mean the company has strong cash position.

The most interesting strategic is flexibility return policies which to allow customer to thoroughly examine the products before deciding whether to keep them.

2. Management and culture

The management at the company is build-up from the mix of talented youngster who been loyal from long time period and experiences managers who had been gradually recruited as the company grew. The recruiter team has focused on well-educated technical background with knowhow in business environment especially business professionals with reputations for high performance.

All employees will subject to quarterly performance appraisal that tied directly to the compensation. It’s competitive environments work, whereby unsuccessful managers will not last long.

Company has standardized on its governing value in terms of discipline, professionalism, commitment to delivering results and partnership for achieving profits.

iPremier orientation towards doing “whatever it takes” to get projects done on schedule, which is especially related with customer satisfaction orientation by providing benefit.

It’s essential in company to develop the competitiveness environment in order to compete the MarketTop

You May Also Find These Documents Helpful

  • Good Essays

    Progressive Corporation

    • 902 Words
    • 4 Pages

    In 1997, Progressive became the first insurer to sell insurance over the Web. In 1998, Progressive launched Personal.Progressive.com to help customers manage their policies. Information transparency is key at Progressive. To differentiate sales through agents, in 2004, Progressive launched a second brand called “Drive Insurance by Progressive” to demonstrate Progressive’s commitment to the independent agency channel, and provided separation and clarity with respect to the carrier’s direct business,…

    • 902 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Lawler, E. B. (2012). What Makes performance appraisals effective? Compensation & Benefits Review vol. 44 no. 4, 191 – 200.…

    • 1806 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    BUS 303 Week 3 Assignment

    • 470 Words
    • 2 Pages

    The performance appraisal, when properly carried out, can help to fine tune and reward the performance of present employees. Strengths of the negotiated performance appraisal are its ability to promote candid two-way communication between the supervisor and the person being appraised and to help the latter take more responsibility for improving performance. In contrast, in the traditional performance appraisal, the supervisor acts more as a judge of employee…

    • 470 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    In order to fulfill the company’s core purpose and philosophies while still maintaining a viable…

    • 2336 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Ipremier

    • 422 Words
    • 2 Pages

    iPremier, a Seattle based company, was founded in 1994 by two students from Swathmore College. iPremier had become one of the only success stories of web-based commerce, selling luxury, rare, and vintage goods over the Internet. iPremier’s competitive advantage is their flexible return policies which allows the customer to check out the product and make a decision to keep the product or return it.…

    • 422 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The iPremier and Denial of Service Attack case study is a made up case from the Harvard Business School. This case shows clearly how companies may not be taking their security seriously and after several high profile hacking stories, we can see that is the truth. The background of the case is that iPremier, a high end online store, suffered a DOS attack during the night. Those in charge of operations attempted to find the cause of the attack but were met with resistance from their collocation facility. Once granted access and after almost the entire company’s senior management team was involved, the attack stopped. There was no rhyme or reason as to how or why but it stopped and business was back to normal on the site.…

    • 460 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Performance appraisals benefit the company in a variety of ways. On the flip side, they can also create difficulties if they aren’t completed correctly. Many problems within the company can arise when supervisors haven’t been properly trained on appraisals. On a bigger note, companies can also be placed in legal trouble if appraisals are done incorrectly. To avoid these issues, the Human Resource Department needs implement training to the supervisors who conduct performance appraisals.…

    • 900 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Again Performance Appraisals are a great tool when used correctly. Managers must take them seriously and evaluations’ should be accurate. “Before the PA program is up and running, a performance appraisal form should be designed with input from managers. It should be able to sufficiently measure performance, be simple enough for all employees to complete, and not take more than an hour to finish. In implementing the PA program, top management should give the plan its blessing; employees should understand how it works, and the staff at large should be encouraged to view the program as a valuable human resources tool (The Importance of Having a Performance Appraisal Program, Part I,”…

    • 963 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Why has it become important for companies to become competitive in the global business environment?…

    • 585 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Prada IPO

    • 899 Words
    • 4 Pages

    To become an attractive IPO option for investors Prada needs to demonstrate it has the correct market position to be profitable in the coming years. Over the past 10 years the luxury goods market has seen steady growth despite significant negative world events and has expanded to a €172 billion industry. The European market and Americas make up a market share of 37 and 31 per cent respectively as well as growth rates of three and one per cent . While these markets represent the cash cows for Prada, the Asian Pacific market is where the company seeks to position itself moving forward. Though this market represents 16 per cent of the global market, it has seen an average growth rate of 27 per cent over the past three years. Prada has already begun to capitalize on the growth in this region as nearly one third of sales in 2011 were from this region. With the world economy recovering from the great recession and the Asian (specifically Chinese) economies have thrived and are giving birth to a large middle class with increased demand for luxury goods. With five year projections indicating continued double digit growth…

    • 899 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Global Expansion

    • 563 Words
    • 3 Pages

    Why has it become so important for companies to become competitive in the global business environment?…

    • 563 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The Ipremier Company

    • 418 Words
    • 2 Pages

    The iPremier Company is an e-commerce company that sells luxury and rare items on the internet to high-end (rich) customers. It has become one of the top two organizations in its line of business. In the dotcom crash of 2000, iPremier was one of the few companies that survived because of the cash flush due to the recent public offering in 1999. The reason of maintain the company stable…

    • 418 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    iPremier, a Seattle based company, was founded in 1996 by two students from Swathmore College. iPremier had become one of a few success web-based commerce, selling luxury, rare, and vintage goods over the Internet. Most of iPremier’s goods sell between fifty and a few hundred dollars, and the customer buys the products online with his or her credit card. iPremier’s competitive advantage is their flexible return policies which allows the customer to thoroughly check out the product and make a decision to keep the product or return it. The majority of iPremier customers are high end, and credit limits are not a problem.…

    • 1542 Words
    • 7 Pages
    Good Essays
  • Good Essays

    The purpose of this paper is to help you to understand the recruitment and selection process of…

    • 709 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Performance Appraisals

    • 983 Words
    • 4 Pages

    When doing anything meaningful, humans have a natural desire to know how they are performing. In particular, if they are doing a job, they need to know if they are doing horrible, great, or somewhere in between. One of the best potential ways of providing this feedback is through the use of performance appraisals. By definition, “performance appraisal is the process through which employee performance is assessed, feedback is provided to the employee, and corrective action plans are designed.” (Youssef, 2012) If properly designed and administered, a performance appraisal can provide a great benefit to the employee, supervisor, and the company itself; however, one must be careful when giving appraisals. Bias, whether intentional or unintentional, can be detrimental at all levels. Though it may seem simple, there are a variety of implications with the entire appraisal systems. There are strategic advantages of performance appraisals, forms of bias within these appraisals, and effects on the achievement of strategic objectives from appraisals.…

    • 983 Words
    • 4 Pages
    Good Essays