1 Background to Acer Acer is a global force in the IT market. The company’s goal (September 2009) is to become the world’s number one netbook vendor. Acer was founded by Stan Shih and his wife‚ with a group of fi ve others‚ as Multitech in 1976. The company was renamed Acer in 1987. It began with eleven employees and US$25‚000 in capital. Initially‚ it was primarily a distributor of electronic parts and a consultant in the use of microprocessor technologies‚ but over time it began to develop
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been noted as being unethical in the past and recently Apple has been accused of overworking employees long hours and having dangerous working conditions in its suppliers in China. Recent ethical behavior of Apple was the touring and visiting of Foxconn factories in China to monitor the work conditions there. On the unethical side poor working conditions there have gone on for years with numerous accidents and fatalities. Apple has recently done audits of these companies and given pay raises to the
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suburban Taipei. (Balfour & Culpan‚ 2010). After 20 years gaining position and power within the technology manufacturing industry Gau leveraged his efforts to launch the company now known as Foxconn Technology and has since grown it to almost a million employees in 9 countries with almost $50 Billion in assets. (Foxconn‚ 2013). Estimates of Gau’s personal worth at between 6 and 10 Billion dollars though he claims to have little interest in that figure‚ stating in a 2010 Bloomberg Business week interview
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distribution strategy are: Low-cost manufacturing and shipping In order to save costs‚ Apple has contracted the manufacturing of its gadgets to Foxconn‚ a Taiwan-based company with factories in China‚ where production costs are much lower than in the U.S. Apple also enters into exclusive deals with high-tech component manufacturers so that it is assured of supply. Foxconn ships the manufactured items from its Chinese factories to warehouses in the U.S. and elsewhere. Retail
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realize my dream by joining Olympic Cards Private Limited as a procurement engineer. After a year of experience I joined a top electronic manufacturing company (Foxconn International Holdings) in order to attain global experience. The company trained me in global procurement and appointed me as a team leader for the procurement team at Foxconn India Private Limited which I consider as one of the biggest achievement so far in my life. Early in my life‚ at the high school level‚ I learnt the value
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Strategic Management Applying and critically evaluating three of the following analytical processes with respect to the three mobile phone manufacturers‚ Microsoft Nokia‚ Samsung and Apple. Your analysis can be applied to one‚ two or a combination of all three organisations. You are required to select and evaluate any three from the following: Yip’s Drivers of Internationalisation‚ Johnson’s Culture Web‚ Porter’s Diamond‚ Bowman’s Strategy Clock‚ Porter’s Generic Strategies and McKinsey’s 7-S Framework
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Background Information Apple computers was established on April 1‚ 1976 by Steve Jobs‚ Steve Wozniak and Ronald Wayne and incorporated on January 3‚ 1997. The first Apple Computer was put together by Steve Wozniak and sold for $500.00. The computer‚ called Apple I‚ went on sale in July of 1976 and consisted of a circuit board‚ keyboards and screens. While Wozniak built the computers himself‚ both he and Jobs and sold them to a computer store‚ the Byte Shop‚ in Mountain View California. Most people
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Manager of Danshui plant number 2‚ Wentao Chen‚ has to form viable strategies and decisions without losing much time to catch up with their production schedule to meet Apple’s requirements. A few potential strategies that hopefully will help speed up the plant’s production of Apple’s new iPhone 4 will be discussed below. A strategy that Chen can consider is to train his workers to full knowledge regarding the assembly of the new iPhone 4. Before Danshui accepted the manufacturing contract with Apple
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References: Markoff‚ J. 2006. ‘Apple finds no forced labour at iPod factory in south China’‚ The New York Times pg. C.3 http://www.engadget.com/2010/05/19/the-fate-of-a-generation-of-workers-foxconn-undercover-fully-tr/
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A budget is an estimated financial plan which includes a list of planned incomes and expenses in the future. As such‚ budgeting is the process to manage these incomes through responsible spending by calculating all planned expenses and allocating funds to pay these expenses. This is especially important for businesses as it help managers determine the amount of money they have and how they use it to come up with a suitable plan to achieve the company’s financial goals. Budgeting is an important
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