Harvard Business School 9-399-011 Rev. April 9‚ 2001 Acer America: Development of the Aspire In early 1998‚ Stan Shih‚ CEO of Taiwan-based personal computer (PC) manufacturer Acer‚ Inc.‚ was reviewing the first estimates of 1997 year-end results. With revenue of $6.5 billion from own brand and sales to original equipment manufacturers (OEMs) such as IBM‚ the company was now acknowledged to be the third largest PC manufacturer in the world. Although the performance was respectable in the wake
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Executive Summary Acer Incorporated is a Taiwanese multinational electronics manufacturer that is involved in selling computer hardware and software‚ and providing IT business services for companies around the world. Acer currently uses an Enterprise Resource Planning (ERP) system called Triton‚ which is a self-developed ERP system. One of the factors that set Acer apart from its competitors is that the company is its own Original Equipment Manufacturer in addition to selling its own brand
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more than 90% of the world’s gold has been produced since 1848. Early gold mining by the Egyptians‚ from around 2000 BC‚ (in the areas which are now Egypt‚ the Sudan and Saudi Arabia)‚ is thought to have produced no more than 1 tonne annually. Perhaps 5-10 were produced during the time of the Roman Empire‚ (mainly from Spain‚ Portugal and Africa)‚ but in the Dark and Middle Ages (500-1400 AD) production‚ from the mountains of central Europe‚ probably fell back to less than a tonne. Throughout all this
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Rivalry Among Firms: High The global industry of construction and agricultural machinery is characterized by intense rivalry among firms due to its competitive strategies. (Book) When few multinational companies dominate the market‚ a consolidated industry exists‚ making it crucial for companies to lead in market share and profit margins. (Book) This in turn creates low switching costs for buyers allowing them to purchase from different companies without hesitation. (ML) Fixed costs for production
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Chapter 5 -5.1 Revenue: which are related to the sale of goods or services. (an increasing in equity resulting from the sale of goods or services) Expenses: which are the costs related to the revenues. Drawing: which are the owner’s withdrawals for personal use. Purpose of expanding the system: -The new accounts in the equity section of the ledger have one main purpose. -Provide essential information about the progress of the business. -Information need by managers and owners
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Read the following 2 articles for incoming tutorial.. As Poverty Shrinks‚ Should We Worry About Inequality? – Kenneth Rapoza Forbes Magazine Thanks to global capitalism‚ there are much less poor people running around the world today than there was a decade ago. But there are also more rich people. Way more. And in rich countries‚ there are less middle class. So even as poverty is shrinking‚ inequality is rising among income levels as the new global plutocracy takes shape. Today‚ 43% live on less
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Suppliers Ultimately in this case the suppliers to Hallam have had a major impact on the business and had a deciding role in their failure. The lack of confidence that Hallam’s suppliers had in their ability to repay the money they were owed meant that the business was forced into a position where they could not afford to pay back what was demanded on them. In this instance we can see that the bargaining power of the suppliers to extend and demand payment of credit was too great that it lead to
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PORTERS The threat of potential new entrants (High) High capital required to enter into mobile industry which needed large investment on technology‚ distribution‚ service outlets and plant. Difficulty for customers in switching cost‚ when they are satisfied with their current product as well as difficultly for new entrants to have product differentiation because customers had already familiar with those established mobile companies‚ therefore new entrants have to spend a lot on branding and
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share without taking on additional expenses or putting in more money. To sum up‚ keeping spending under control‚ hiring the best minds and keeping them happy‚ and expanding for “free” leads to an impressive startup. 2. Leonard Liu added value to Acer by making employees responsible for their actions. Liu did this by introducing productivity and performance evaluations. Before Leonard Liu came on board‚ employees did not have a profit and loss responsibility and as we know‚ the difference
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Louis Rodgers MW 2:00 Homework #2 Gucci Gucci‚ the brand name responsible for many trendy and fashionable products‚ has been in business since the early 1920’s. Their high-end‚ expensive line of clothing and accessories is the standard in the affluent ready to wear luxury product industry. In the middle of the company’s lifespan‚ they lost their way by trying to create too many products that overextended their market. This had a negative impact on the exclusivity of the brand. It wasn’t until
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