customers - Didn’t understand market need (fewer purchase IBM mainframes) - Marketing effort missed the mark - Turf battles between autonomous divisions - Spending too much on fixed cost (building‚ data processing cost‚ ..) - Management IT problems such as poor internal IT problems - Products complexity and the organization to develop them - Executives were isolated to growing problems (deep level of hierarchy) 2) What did Gerstner do when he assumed the role of CEO in April 1993? Evaluate
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structures become so unjust. They are interested in the exercise of power in all forms and at all levels‚ and the way in which power manifests itself completely. Critical theorists help us understand that certain patterns of behavior develop within organized settings. These ideologies create deep structures within organizations leading to a confusion of what is moral‚ acceptable or
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How do you feel if you work overtime every day? You feel under stress‚ want to go home immediately‚ or exhausted? Nevertheless‚ all of these answers are different for Americans. Many of them prefer to stay at the workplace rather than going home for various reasons: some feel more comfortable at the workplace than at home‚ others like to earn more money‚ but this is causing pain for them and their family. Firstly‚ many Americans feel more comfortable in the workplace. Nowadays‚ most of the employers
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The British established a settlement in New South Wales in 1788 because they needed to send some of the prisoners out of the country because of the overcrowded prisons in Britain‚ which led to more crime and therefore convicts‚ for a growth of empire‚ security and trade and they needed a climate suitable for growing crops such as flax and trees for their wood due to their supply being under threat from war. Such a colony would solve the problem of Britain’s overcrowded prisons (a problem caused
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Why do companies need a strategy? Strategy is very important for a business. Without a strategy an existing business can drift away from its customers and become uncompetitive with its environment and eventually the business will stop making profit. This is known as strategic drift. In other words‚ having a strategy is a way to remain competitive or it is a way of forcing a strategic change when an organisation has drifted away from its environment and is staring to fail. Lately‚ these strategic
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and Corporate Development Course Title: MNEs in a Globalizing World: Economic and Legal Perspectives Course Code: 15PFFC019 Assignment: 2 Course convenor: Dr. Stephanie Blankenburg Course tutor: Mr. Jago Penrose Title: Why do companies engage in Foreign Direct Investment? Word Count: 2‚748 This Essay will analyze three streams of thought concerning the engagement of firms in Foreign Direct Investment‚ namely Hymer’s Approach‚ the Internalization Theory and Dunning’s
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Why the Axis powers were so successful from 1939-42 The primary reason for the Axis powers’ success during this period of time was the fact that they were militarily superior to most other countries in Europe. By 1939‚ they had the second largest air force in the world with 8295 aircrafts. Only Russia‚ (10382 aircrafts)‚ had a larger air force. The German’s and the Russians were allies at this time and so Germany didn’t view Russia as a threat. There was a similar scenario with troops. Hitler
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Why are small businesses so important to the American economy? What are the growth trends for small businesses? What are the reasons behind these trends? Will they continue? Give examples of how small business affects the economy of the area where you work or live. Small businesses are considered to be the backbone of our economy mainly because they innovate and create jobs at a faster rate than their larger counterparts. According to smallbusinessnotes.com‚ small businesses represent about
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Why Do Small Businesses Fail and How to Beat the Odds Daniel P. Quinn Gwynedd-Mercy College BUS101 ASB 82 Week Two Individual Assignment Most new businesses fail within the first five years of starting. Some people mistake a business for a hobby; just because you love something doesn’t mean you should convert it into a business. Too often businesses fail because the owner feels their passion is shared by others. Other businesses plan poorly; yes‚ you must have a business plan
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Do companies creating products and solutions have a responsibility to consider the effects of these products on society? The popular answer would be yes. Every day‚ we see brand development benefits that arise out of an organizations CSR initiatives‚ we cannot argue against their contribution to a company’s profits. Milton Freidman states that the only social responsibility a business has is to increase its profits. It sounds crude and carries an unpopular view in today’s world. But the simplicity
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