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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The four forms of multinational corporations are home replication‚ multi-domestic‚ global‚ and transnational. Home replication strategy is the international replication of home based competencies such as production scales‚ distribution and brand power. An example of this is Wal Mart opening in Brazil. Wal Mart has replicated its system which it uses domestically. Multi domestic strategy is a strategy by which companies try to achieve maximum local responsiveness by customizing both their product
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Reading 1-1 The tortuous evolution of the Multinational Corporation In these days‚ almost of companies in the world desire to becoming multinational corporation. They know that multinational corporation tend to be regarded as more progressive‚ dynamic‚ geared to the future than provincial companies. They want to spread their subsidiaries not only all over the country‚ but also all over the world. Usually‚ the multinational corporation has headquarters in one country and operates subsidiaries
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allow some of the corporate representatives and proxy holders to vote? Law: At least 21 days’ notice of shareholders’ meeting is required. However‚ for listed companies this is 28 days. (S249H) Irregularities may occur where the constitution or Corporations Act were not followed. For example‚ if a meeting is not validly called the meeting may be subject to a procedural irregularity. The relevant notice provisions must be followed (s249H‚ J‚ L and R). Under s249J(1): written notice of the meeting
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Target Corporation Case Finance 3504 Dr. Casper By: Hyeji Jane Lee Wajiha Yassin Shawn Salvia Executive Summary In 1962‚ the first Target store was opened by its parent company‚ The Dayton Company‚ officially becoming the ‘Target Corporation’ during year 2000. In the following five years‚ Target’s sales saw a major increase raising their revenue to $52.6 billion. With 1400 locations throughout the nation‚ Doug Scovanner‚ the CEO‚ has to decide the next steps Target must take for continual
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management experience can prove to be difficult. Comparing and contrasting‚ for the sole purpose of deciding which business type would be beneficial to the scenario given three business types were discussed. Sole proprietorship‚ partnership and corporation were reviewed. The outcome chosen was partnership being as it relates best to the scenario discussed. The idea of opening a business is not one to take lightly. Being an inventor and spending a lot of time on home projects‚ the idea to
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hy [Accessed 20 March 2013]. Sun‚ Q.‚ Tong‚ W. & Yu‚ Q.‚ (2002). “Determinants of foreign direct investment across China”. Journal of International Money and Finance‚ 21‚ pp.79-113. Zhang‚ K.H.‚ (2001). “What attracts foreign multinational corporations to China”. Contemporary Economic Policy‚ 19(3)‚ pp.336-46. Zhang‚ X. & Yuk‚ H.P.‚ (1998). “Determinants of Hong Kong manufacturing investment in China: a survey”. Marketing Intelligence & Planning‚ 16(4)‚ pp.260-67. Zheng‚ C.‚ (1998). “The
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‘The Role of Multinational Corporations in Enhancing Human Rights in Africa: The Illusion of Empiricism’ Abstract Literature and discourse relating to Multinational Corporations (MNCs) and human rights is ubiquitous with theoretical contestation on the merits and demerits of the potential harmonious existence of the two. Some argue that by virtue of the consequential results of their business operations‚ MNC’s have the potential to alleviate human suffering. For others‚ they are the cause of
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David Korten’s "When Corporations Rule The World" The book "When corporations Rule the World" by David Korten describes the way things will be in the future with multi-national corporations. These large corporations are found all over the world. There are many different problems that are appearing and many of them can be seen to be connected to corporations. We need to look at what is occurring with corporations and see if they are causing more problems or are helping to solve problems of the
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The Analysis and Valuation of Olin Corporation (OLN) By Elizabeth Demmon Submitted on December 13‚ 2011 SUMMARY 1 BACKGROUND 1 Industry and company 1 Chlor Alkali 1 Winchester 2 Management and Ownership 3 Recent developments 3 FINANCIAL ANALYSIS 3 Discussion of financial statements 3 Discussion of financial ratios 4 OUTLOOK AND FORECAST 4 Economy 4 Industry 5 Company 5 Investment thesis 5 Important value drivers 5 Risks‚ caveats‚ and exposures 6 VALUATION
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