Assignment 8: The Business World (24.0 points) 1. Choose a good that you are familiar with‚ such as a t-shirt‚ a tennis racket‚ a cupcake‚ a pair of sunglasses‚ or any other good. Be sure to choose something specific. Then‚ analyze its economic utility‚ using the questions below. a. Describe the good you chose to analyze. (1 sentence. 0.5 points) b. Describe the form utility of this good. Is the form utility good or bad? Can you think of ways to improve it? (2-5 sentences
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HISTORY OF WHIRLPOOL CORPORATION Founded 1911 Headquarters Benton Harbor‚ Michigan‚ USA Key people Jeff M. Fettig‚ (Chairman & CEO) Michael A. Todman‚ (President‚ Whirlpool North America) Paulo F.M.O. Periquito‚ (President‚ Whirlpool International) Industry Major appliances‚ Small appliances Products Clothes washers and dryers‚ refrigerators‚ freezers‚ dishwashers‚ ranges‚ compactors‚ room air conditioners‚ microwaves ovens‚ counter top appliances. Revenue ▲ USD 18
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Yeongdeungpo-Gu Seoul‚ 150721 Korea‚ Republic of Tel: Fax: 82-2-37771114 82-2-37732292 Employees: Company Type: Corporate Family: Traded: Incorporation Date: Auditor: 92 Public Parent 212 Companies Korea Stock Exchange: 05-Jan-1947 Deloitte & Touche LLP Financials in: GBP (000) 003550 Fiscal Year End: 31-Dec-2011 Reporting Currency: South Korean Won Annual Sales: Net Income: Total Assets: Market Value: 5‚663‚995.1 1 550‚868.5 8‚468‚108.4 2 6‚527‚507.3 (25-Jan-2013) www.lgcorp.com Business Description
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Case Study of McKesson Corporation Description of the company’s performance McKesson Corporation is one of the leading providers of health care products and services. When it comes to analyzing the external environment; the political‚ economic‚ social‚ technological (PEST) analysis shows that the environmental situation is favorable for the company. The environmental factors are giving the company a chance to succeed in its endeavor. In politics there is no direct problem that might affect the
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The Missouri-based Monsanto Corporation started operation by 1901 with chemical production‚ such as Roundup and Lasso herbicides. By 1990‚ the European Commission produced two directives to steer with improvements in biotechnology. Quite number of people how analysts U.S. industries had completion benefit over their European counterparts with huge financial freedom to put some of pressure in product development. In 1996 Epidemiological studies in United Kingdom said the source of disease was cattle
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Comcast Corporation is situated in the United States and is mainly involved in cable television‚ internet and phone services business. In addition‚ the company is also involved in the provision of an extended range of facilities that include entertainment and communication services and products. The Comcast Corporation is able to cater for most of the needs of their residential and commercial customers who may be in need of their services or products. Comcast Company has been in operation for about
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IMAX Corporation IMAX Corporation IMAX Corporation is one of the most advanced companies in the world that manufactures‚ distributes and exhibits digital movie theater systems around the world. It specializes on developing high definition film cameras‚ large theater screens and high resolution projectors. The 3D image technologies along with surround sound system are designed to bring a new experience to the spectators‚ making them feel they are part of the show. The innovations and high quality
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LARGE CORPORATIONS MEAN BUSINESS! ANTHONY J. FRANKO ENG 122: ENLISH COMPOSITION II INSTRUCTOR SHANNON BILUNAS JANUARY 7‚ 2013 Large corporations such as Wal-Mart or Home Depot often come under criticism for putting mom-and-pop shops out of business. While this may be a valid criticism‚ the consumers neglect to realize that they play the biggest part in shutting these businesses down. Consumers across the country are always looking for the best deals or the lowest prices‚ and in most cases
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company differentiating from its competitors. In order to understand the reasons behind Starbucks’ success we have to perform both internal and external analysis of the corporation. Within the slow growing market of coffee‚ where competition is tremendous‚ new firms trying to enter the low barrier market constantly. The corporation is affected by Political‚ Economic‚ Social and technological factors within its marcoenvironment and the competition that already exists‚ the powers of buyers and suppliers
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consulting‚ Inc. has concluded that standard costing is the best costing system for your company when used correctly. We have identified a few problems with your standard costing system that we would like to address. The first problem with ChillOut Corporation is the overall focus of the organization is too centralized around favorable variances. Managers are awarded bonuses for favorable variances and the computer software only notifies departments when there is an unfavorable variance. The department
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