4. Responsibility of Corporations: Rationale‚ source and limits Whether there is social responsibility or obligation proper to speak of towards corporations is a topic of debate. However‚ the suspicious perception of business personnel towards CSR is understandable‚ essentially because the policy choices and actions of government may directly impact their operations‚ with a spillover effect on their responsibility to their stakeholders especially their employees and customers. a. Theoretical
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Innovation at 3M Corporation Case Summary 3M was and still is a worldwide leader in innovation. After a rough start in 1902‚ over decades‚ 3M enjoyed national and global growth as well as a reputation for remaining a hothouse of innovation. In the 1990’s‚ 3M was trying to move away from the incrementalism and it sought to change the mix of new products to truly create something new to the world‚ instead of line extensions‚ which typically had provided two out of three new-product sales dollars
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Decision Sheet – Biopure Corporation Marketing Objective – Whether to launch Oxyglobin now or delay it till the approval of Hemopure. If yes‚ then devise a marketing plan for Oxyglobin. Options – 1. Launch Oxyglobin in the market immediately. 2. Defer the launch of Oxyglobin now till Hemopure release. Recommendation – Biopure Corporation should immediately launch Oxyglobin priced at $200. Rationale – Applying SWOT Analysis to the situation: Strengths 1. FDA approval has already come
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BACKGROUND Danaher Corporation is a large global company and its products are concentrated in the fields of design‚ manufacture‚ and marketing of industrial and consumer products. Furthermore it operates in four segments: Professional Instrumentation‚ Medical Technologies‚ Industrial Technologies‚ and Tools & Components MAIN PROBLEM After looking at some of the problems that were laid out within this case the major one that is really discussed is whether or not Danaher could continue to
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Corwin Corporation Case Responses Questions: 1) Should companies risk bidding on projects based upon rough draft specifications? Explain your answer in detail. No‚ because rough drafts are exactly that – a draft. Despite a first-mover advantage for early bidders‚ the project can completely change‚ which would impact the ability for a firm to meet the required budget‚ timeline‚ project goals and customer satisfaction. 2) How should West have handled the situation where Pat Ray’s opinion of
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INTRODUCTION: CASE BACKGROUND & ISSUES CUP Corporation was one of the largest insurance firms based in Europe. It had a worldwide operation and was recently acquired by another major insurance company. The firm had made a series of acquisitions to broaden the types of insurance offerings and expanding the market needs. It sold a various forms of insurance in the health‚ life‚ casualty‚ property and automotive areas. Customer segments of the firm’s services are divided into two groups of agents
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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Case Study – Strategy Report Brown-Forman Corporation (Jack Daniel’s) Strategic Issues Considered: Resource-Based View Product/brand reputation Organizational culture International Expansion Sustainability Risk Course: Strategic Management KEY ISSUES From reviewing the book case study and researching the Brown-Forman Corporation‚ there are several key strategic concepts and issues that characterize the company. The issues addressed
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To: Dan DiMicco From: McKensie Booth Subject: Strategic Management Date: 11/9/2010 Nucor Corporation Memo Response: Per your request I have analyzed Nucor Corporation and the steel industry. After performing both strategic and financial analysis I offer my recommendations. Executive Summary: Nucor Corporation was the most profitable steel producer in North America in both 2005 and 2006. It is regarded as a low-cost steel producer in the United States‚ and one of the most
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In this scenario Margret Weston‚ received a letter. In the letter she found out that Yossarian acquired 10% of the company’s stock. This aggressive move by Yossarian was motivated by the company management not doing their job to maximize shareholders wealth. Moreover‚ the managers were having issues with the hurdle rate‚ because it is just generally accepted‚ but not scientifically proven. On the other hand one TV Commentators opinion about Teletech Corp. is that “there is no way to have a hostile
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