On Tennessee’s “Mission and Vision” website page‚ it lists the following Volunteer values: knowledge‚ leadership‚ diversity‚ engagement‚ and stewardship. These characteristics are something I strive for and that the state of Tennessee has always tried to accomplished. It was the War of 1812 when Tennessee received the nickname the “Volunteer State.” So many men from Tennessee volunteered to defend their nation. It is that courage that inspires me. I have been a Volunteer since the day I was born
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Zappos.com‚ Inc. Zappos.com is one of the world’s largest online shoe and clothing store. It’s headquarter is currently located in Las Vegas‚ Nevada. Zappos.com was founded in 1999 by Nick Swinmurn‚ and acquired by Amazon.com in 2009. Mission: ‘Delivering Happiness’ Zappos aims to provide the best customer service possible. In order to create a loyal customer base‚ they have been trying to offer a customer service as perfect as they can. One of the interesting customer experience stories
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firm to perform a SWOT analysis in order to assess its current position in its industry. Citibank‚ like any other firm‚ has strengths‚ weakness‚ opportunities‚ and threats to consider in order to compose an effective plan for the future. Identifying the strengths of a company can give that company focus to know which areas it should continue to build on in order to pursue competitive advantages. Although Citibank has many strengths‚ its three major strengths are: diverse range of products‚ global reach
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integrity. Since today‚ there are more than 134‚000 people around the world – and company culture encourages each one to “Wear your passion.” Mission Statement “Gap‚ Inc. is a brand-builder. We create emotional connections with customers around the world through inspiring product design‚ unique store experiences‚ and compelling marketing."In addition to its mission statement‚ The Gap also has a purpose statement‚ which is designed to guide the daily actions of its employees. "Our purpose? Simply‚ to
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How does the Citibank budgeting process work? Is this a Participative process? Citibank applies two management processes to control its international branches: sovereign risk limits review and operating budget review. Its budgeting process is a bottom-up. Although it starts from the headquarters’ instructions which guide the timing‚ format and issues needed to be addressed‚ budgeting is not obliged to attain specific targets. The corporation’s long-term goals are shared. Some international branches
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Case 6: CitiBank 1. On a social standpoint‚ CitiBank is faced with more of their customers expanding their businesses globally and becoming e-enabled. Hence‚ CitiBank had to adapt to this new social trend by shifting to e-space. For instance‚ sophisticated‚ corporate customers wanted to collect payments online and have access to more efficient Web-enabled financial processes. Politically‚ regulators who became more cautious about privacy issues and wanted banks to be able to quickly identify
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I. Critical evaluation of Citibank performance evaluation form: Citibank corporate strategy: focused on combining excellent customer service strategy along with relationship banking to build a profitable competitive franchise. Customers were offered the convenience of choosing the type of service delivery‚ whether personal or remote. But as high end customers become more and more valuable to the bank‚ their service expectations also went up. Increased service demands included broad array of financial
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Case 1: Citibank Indonesia 1. Citibank’s budgeting process is based on a bottom-up method. It is not compromised of specific goals to be attained by individual operating units‚ but is composed for the corporation as a whole. Citibank was aiming for long-term goals‚ which call for profit growth of 12-15% per year‚ 1.25% return on assets‚ and 20% return on equity. These standards are set for the entire company‚ and individual sectors‚ such as international branches‚ usually set their own higher goals
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1. Analysis of Budget Process at Citibank Direction and control of Citibank’s international branches are conducted via two formal management processes. Each year‚ top management sets sovereign risk limits for its independent branches based on proposals by country managers. Country managers may choose to operate with self-imposed limits below this upper guideline. Following‚ there is the budget setting process‚ where headquarters only provides administrative guidelines but not specific targets‚ with
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important and ongoing concern of the organization. Starbucks understands this social responsibility and the organization’s impact on the environment and continuously takes steps to minimize any and all impact on the environment. An environmental mission statement was adopted by the organization in 1992. After Starbucks Corporation became a publicly traded company an environmental committee as well as a Green Team was instituted at the corporate level. "Starbucks had an Environmental Committee that
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