delivery person who was given the wrong key to a FedEx drop box. So ingrained was the culture of “next-day delivery guarantee” that the delivery person unbolted the box from its base and took it back to the office where it was pried open. The contents were delivered the next day. It is not important whether this folktale is true or not. What is important is that this story illustrates Fedex’s corporate culture: every employee helps in the achievement of FedEx’s reputation of reliable overnight delivery
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Sure enough‚ we have all heard before how stress can actually drive people out of procrastination and inertia‚ and into achieving results. But‚ did you know that this claim only works if the pressure remains at a moderate amount? During the exams‚ it is easy for stress levels in children to escalate and spiral out of control as they might not know how to burn it off‚ except during play which they are going to get less of. Soon enough‚ you will find your kids suffering from weakened immune systems
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Enron‚ Ethics And Today’s Corporate Values Enron’s heyday has long ended. But its lessons will long endure. The global business community is now watching a painful new chapter is this saga — one where its former high-riding chief executive officer‚ Jeff Skilling‚ is getting a decade shaved off of his prison term that should now end in 2017. Enron: The Smartest Guys in the Room (Photo credit: Wikipedia) The company’s failure in 2001 represents the biggest business bankruptcy ever while also spotlighting
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Chinese Elements in corporate culture There are three aspects‚ which can reflect the influence of Confucianism to corporate culture. 1. The unity of nature It is about the harmony with the nature. Respecting and complying with the law of nature is very important to human. For a company‚ especially those manufactory companies‚ applying an eco-friendly producing method and concerning about environment are social responsibilities a company should take. It can also improve companies’ images for
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Hilton HHornors world wide : loyalty wars Hilton Hotels regards frequent guest programs as the lodging industry’s most important marketing tool‚ serving to direct promotional and customer service efforts at the heavy user. How should management of Hilton’s international guest’s rewards program respond when Starwood‚ a competing hotel group operating several brands‚ ups the ante in the loyalty stakes? Jeff Diskin‚ head of Hilton HHonors (Hilton’s guest reward program)‚ opened the wall street
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Discuss the corporate culture at Southwest Airlines and how it leverages its culture to achieve a competitive advantage. The corporate culture at Southwest Airlines can be defined within three areas including‚ core value‚ management style‚ and compensation. Southwest Airlines organization structure incorporated several areas but I was impressed with these three the most. Southwest Airlines had two core values‚ which emphasized on LUV and fun. Not only was LUV the company’s signature symbol
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Case Summary: Hilton Problem: From the case‚ we know Hilton is currently using the marketing penetration by focusing on business travelers. And now the expensive loyalty-program features that are added by Starwood Hotels and Resorts Worldwide Inc. for attracting more business travelers is threatening Hilton by increasing Hilton’s cost or decreasing Hilton’s market shares. Solution: In my opinion‚ in response to the Starwood’s strategy‚ the solution for Hilton’s dilemma should be market development
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JOURNAL OF FINANCE • VOL. LXI‚ NO. 4 • AUGUST 2006 Corporate Financial Policy and the Value of Cash MICHAEL FAULKENDER and RONG WANG∗ ABSTRACT We examine the cross-sectional variation in the marginal value of corporate cash holdings that arises from differences in corporate financial policy. We begin by providing semi-quantitative predictions for the value of an extra dollar of cash depending upon the likely use of that dollar‚ and derive a set of intuitive hypotheses to test empirically. By examining
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The Unique Corporate Culture in Google Executive Summary The internet giant of search engine “Google”‚ always rated for the “Best Workplace”‚ “Best Employer” in the recent ten years. Why? Except the professional technology‚ Google’s great and unique corporate culture made so. The feature of Google’s corporate culture is equality‚ free and human oriented. The company provide the most luxury and comfortable work environment to its employee‚ encourage them relax more‚ play hard and work hard. From
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During the era of Queen Elizabeth‚ people put God above all else due to his power to send people to heaven or hell in the afterlife. In Hamlet the characters’ actions are based on Christian beliefs‚ cultural values‚ God’s authority throughout the play. God influence helped establish a value between the characters if it’s through their behaviors or their actions to harm others‚ but in a way to respect God’s authority within Denmark. In the era of Queen Elizabeth many people praised God because he
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