COMPANY BACKGROUND The company was originally established in 1958 as GoldStar‚ producing radios‚ TVs‚ refrigerators‚ washing machines‚ and air conditioners. The LG Group was a merger of two Korean companies‚ Lucky and GoldStar‚ from which the abbreviation of LG was derived. The current "Life’s Good" slogan is a backronym*. Before the corporate name change to LG‚ household products were sold under the brand name of Lucky‚ while electronic products were sold under the brand name of GoldStar (Hangul:금성)
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ENRON Background and Overview: Enron was famous in the business world. Known as the innovator‚ technology powerhouse and a corporation. It was named the America’s most innovative company for six years by Fortune’s Most Admired Companies survey. The fall of Enron in 2001 shattered not just the business world‚ but also the lives of the employees and the people who believed that their soar to greatness was genuine. It turns out to be the America’s biggest corporate bankruptcy. Before the
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CHAPTER I INTRODUCTION This chapter presents the Background of the Study‚ Objectives‚ the Significance of the Study and its Scope and Delimitation. Background of the Study Computers are considered to be one of the greatest discoveries of the 20th Century. As time goes on‚ computers have become more and more important in our lives. We use computers at school‚ at home‚ and at work and most of us can’t imagine life without them. One of the many uses of computers is used in communicating
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Background AT&T wireless is one of the largest providers of wireless and data services in the United States serving over 20 million customers and employing over 240‚000 employees worldwide (AT&T 2012). The company global head quarter is located in Dallas‚ Texas. The company also provides wireless and data roaming services to customer who resides and travel internationally in more than 100 countries. The company ’s values include deliver the future first‚ build strong customer relationships
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Background: Kraft Food Company was founded by James Kraft in 1903. Kraft started off by selling wholesale cheese in Chicago‚ they later expanded‚ distributing to over 30 specialty cheeses under the name Kraft and Elkhorn. By 1920 Kraft began to mass produce specialty cheeses which were then exported to Canada and Europe. They later established plants in England and Germany. James Kraft’s development to new products and the use of innovative advertising methods led Kraft to be an early user of all
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Background Managed by the popular management team which is known as H20‚ Howard Schultz (CEO‚ Global Strategist)‚ Howard Behar (Head of North America Operations‚ and Orien Smith (CEO)‚ Starbucks‚ based in Washington‚ has grew rapidly since they started the business in the early 80s in Seattle to one of the largest chains of coffee brewer in the world. Ever since it went public in the 1991‚ Starbucks has expanded enormously and as for 2012‚ Starbucks own 12‚936 outlets solely in the United
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COMPANY BACKGROUND Celcom started its operation as STM Communication in 1988 with Fleet Group and Telekom Malaysia as shareholders. Subsequently Telekom Malaysia sold its 51% shareholding to the TRI group which was controlled by Tajuddin Ramli. Fleet Group’s share meanwhile was transferred to the Time Engineering group which was later sold to TRI. In the initial year Celcom experienced a tremendous growth is subscriber base and network coverage under the stewardship of Rosli Man‚ the President of
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Background of Homeplus “Homeplus” was initially owned by Samsung Corporation[1] in 1994. During the Asian financial crisis in 1997‚ Samsung was affect by the crisis and tried to strive its business in the retail industry. It eventually collaborated with Tesco‚ a major British retailer in 1999[2]. The joint venture benefited both Samsung and Tesco. Samsung was saved from bankruptcy‚ in the same time‚ Tesco was able to enter the tough local retail business because of the partnership with Samsung[3]
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Background of the company Louis Vuitton is the first designer and creator of this brand.He use a creative ideal that combining the quality of making with innvotion design to fulfill the need of customer and the changging modes of world travel. In1854‚ the name of Louis Vuitton Malletier ("Louis Vuitton Trunk-Maker")‚ is the first store in Paris that Louis Vuitton opens. He also begins a design that first flat-topped trunk that was lightweight and airtight by using the "Trianon" trunk.In 1860
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BACKGROUND OF THE STUDY The Department of Energy (DOE) told the public to brace the continued rise of international oil price‚ which is among the local oil company point of reference of adjusting their pump prise (www.mb.com.ph) because of its domino effects; basic commodities are also affected like public utility venid-minimum fair and other products. Their rising costs of fuels in the environment are the reasons for the need and discovery of biodiesel. Biodiesel are basically a fuel that is
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