2010 suicides in the Chinese Foxconn factories‚ which are the main suppliers for Apple‚ and the IPhone5 strikes that occurred in the beginning of October. All of these events were as a result of the workers’ poor living conditions‚ inadequate health care benefits and a load of overtime hours. Apple’s speedy response has been triggered by the growing global concern regarding Foxconn’s unethical practices towards its workers. Apple has agreed to work along with Foxconn and the Fair Labor Association
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PG0-002 MAY 6‚ 2011 PANKAJ GHEMAWAT RAVI MADHAVAN Mittal Steel in 2006: Changing the Global Steel Game On January 27‚ 2006‚ Laxmi Niwas Mittal (LNM) and his son‚ Aditya Mittal‚ Chairman & CEO and CFO respectively of Mittal Steel‚ prepared for the press conference at which they would announce Mittal Steel’s unsolicited €18.6 billion bid to acquire the European steelmaker Arcelor. Although Mittal Steel had been a prime mover behind the consolidation of the industry—and most participants
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Suicides at Foxconn (A causal analysis) MBAMGT-665 International & Cross-Cultural Management Fall 2010 Contents Introduction 2 Wages and Working Hours 2 Workers were kept uninformed about wage increase plan 2 Basic wage is just slightly more than minimum wage and far below living wage 2 Excessive overtime 2 Deduction of overtime premium 2 Frequent change of work shifts 2 Management 2 Punishments 2 Extensive work pressure 2 Reward system 2 Trade Unions 2 Health and Safety 2 Student
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Case Analysis: Cisco Name: _ _______________________________ 1) Describe who Cisco is and what are its main strategies. Cisco is a company‚ founded in 1984‚ that deals in computer networking. This includes the manufacturing and selling of networking equipment such as routers and technology for VOIP. Their main strategies when they began included assembling a broad product line so they can be a one-stop shop for business networks. This strategy includes acquiring many companies‚ as
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modification requirements and encountered a malfunction that resulted in corrupting the database. The company was almost completely shut down for two days. It became clear that the legacy system would not continue much longer and a solution was required. Cisco was faced with the dilemma of selecting from three potential solutions to the system issue: 1) Upgrade to the new version of the legacy‚ 2) Implement a single integrated replacement of all applications in parts‚ 3) Implement a single integrated replacement
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Cisco has gone from a nimble technology innovator with huge market cap to one struggling to hold onto declining market share and maintain relevance. This paper outlines management strategies used during its ascent‚ problems facing the company recently and recommendations for the future. (1) Cisco’s approach to its culture and structure was suitable to accomplish its strategy and deal with a competitive market. Because the networking industry is rapidly changing‚ Cisco needed to adapt to the
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business with Foxconn was still questionable and seems like be unethical by some people. Apple can make significant profit on the sale of its products considering the price of Apple’s products and what its supplier’s workers outside of the USA are getting paid. As we can see‚ in 2010 the wages of Foxconn worker was about 900 Yuan ($143 per month).Apple’s newest iPhone costs minimum of $200 with a wireless company contract.So.it is convenient for Apple to continue business with Foxconn as it still able
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CASE STUDY #2: PARTNERSHIP FOR LEBANON AND CISCO SYSTEMS Southern New Hampshire University Introduction In 2006‚ President George W. Bush solicited the help of US Businesses to help with the rebuilding of Lebanon after the war and the Partnership for Lebanon was formed to consolidate efforts (Jamali‚ 2011). The multi-national partnership was an effort to aid the people of Lebanon in rebuilding their quality of life by‚ “expanding the reach of education and workforce training‚
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Foxconn ----- current issue and future forecast Table of Content Executive summary 4 Introduction 5 Overview of the company 5 Economic 7 Current Issue 7 Responding the suicide case in China in economic aspect 7 Current economic issue in Foxconn 7 Future opportunities and risk in Asia region 8 Opportunities 8 Risk 9 Recommendation 10 Political 10 Current Issue 10 Suicide case on political aspect 11 The relationship with China and Taiwan 11 Future forecast
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a compelling business case to replace all systems and spend $15 million doing so. Essentially‚ managers are afraid to take the risk to lead a multi-million dollar project because if they fail‚ they can lose their jobs. But‚ if they succeed‚ there is enterprise-wide recognition and opportunities for career advancement. Give a "laundry list" of best practices (five to seven of them should be sufficient) for managing an ERP implementation‚ as demonstrated by Cisco in this case. Briefly elaborate each
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