started out in 1853 by the invention of the “safety brake elevator.” Their core business is designing‚ installing and provide service within the industry of elevators‚ escalators and walkways. Today OTIS operates worldwide‚ with headquarter in the U.S. and different facilities located in European and Asian countries. Through this they have managed to become market leaders in their field. Throughout time the business focus of OTIS have changed. Today the focus has moved from the manufacturing area
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Social Business * Tahmid Md. Istiaq Arman Social Business was first defined by Nobel Peace Prize winner Prof. Muhammad Yunus‚ as a non-dividend company that is created to address and solve a social problem. In a social business‚ the investors/owners can gradually recoup the money invested‚ but cannot take any dividend beyond that point. The purpose of the investment is purely to achieve one or more social objectives through the operation of the
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Social Competence – Case Study Case 1 –playing computer games The frequency of playing computer games is inversely proportional to social competence. The people‚ who are addicted to computer games‚ lack of social competence. Nowadays‚ the children love to sit in front of the computer and play computer games. It gives children little time to interact with the other people so that they learn few social skills. It affects their relationship with their friends and parents. Also‚ some
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Throughout this essay I aim to provide an understanding of Jay’s current situation looking at it from both a sociological and a criminological perspective. I will also draw upon areas of Social Policy that may improve my understanding of their situation and from these discussions I will outline the implications for social work practice. SOCIOLOGICAL PERSPECTIVE Functionalism seeks to provide a theoretical account of how societies work and function. Many Functionalist theorists have likened the workings
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Name Instructor Course Date Case Study In the case study provided‚ Westport Electric Company seems to be having serious budgetary problems. The selection‚ planning and implementation of various projects seem to be faulty. In this particular case‚ King who is the supervisor of the administrative staff budget staff section has raised a red alarm with regard to two recent budget approvals (Kieso 161). Background Information: Origin and Magnitude of the Problem The operating activities of Westport Electric
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Project 1- Business Ethics Case Study As years go by more firms are beginning to recognize the benefits of improving ethical conduct. They are seeing an enormous correlation between business ethics and financial performance (Ferrell). There are numerous of examples that demonstrate that building an ethical reputation among employees‚ customers‚ and the general public pays off. For example‚ employee commitment and trust‚ investor loyalty and trust‚ and customer satisfaction and trust‚ which in
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Case Studies – Types of Business Organization (Ownership) Case 2: Joseph LeBlanc‚ a student looking for summer employment‚ opened a bait shop in a small shed on a local fishing dock. For this case‚ I think the type of business here is Sole Proprietorship. Joseph LeBlanc a student looking for a summer employment and decides to open his own bait shop is a very big responsibility. If his business is Sole Proprietorship‚ it will benefit him in a lot of ways. He will be the boss of himself‚ which makes
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April Marshall CASE STUDY THREE questions -- 1. I believe the main ethical issue arises from a generalized lack of concern in certain areas. I do believe that the issue was brought to light way before it was exposed‚ it always is. The concern never takes to find an exit into the profit is dried-up‚ and this case the profit was enough to keep it quiet for strongest they could stand. The dilemma rises up within honesty and the power that was abused. 2. I believe he had help‚ even though he
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Strategic Alliance —Case Study of Lenovo and IBM By Lili Jiang Dissertation submitted to the University of Nottingham Business School‚ in partial fulfillment of the requirements for the degree of Master of Science in International Business September 2007 ACKNOWLEDGEMENTS First of all‚ I would like to thank my supervisor Bernard Leca for his support and very help advices throughout this research. Then I would like to thank my family for giving me this opportunity to study abroad‚ and always
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are genetically predisposed to process information. (Figure No. 1.02) Organisational Focus on Diversity & Inclusion Source : Ref No. [8] 1.1.2 Workforce Diversity : Changing the Way You Do Business As we enter the 21st century‚ workforce diversity has become an essential business concern. In the so-called information age‚ the greatest assets of most companies are now on two feet (or a set of wheels). Undeniably‚ there is a talent war raging. No company can afford to unnecessarily
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