Category: Business

The organizational structure for Tyco International can be described as a functional structure that is organized along functional lines, where there is a chairman and CEO (Edward Breen), and directly reporting to him are the most senior people of all the functions (finance, general counseling, strategy and investment, accounting, flow control, taxation, treasurer, safety, human…

Introduction Meditech is a leader in the endoscopic surgical instrument market. The business produces and market low expense endoscopy surgical devices to health centers and independent surgeons. The company’s distribution operation is set up and managed from a central storage warehouse that ships its products to domestic and global affiliates. The organization have actually been…

1. Do all international financial transactions necessarily involve exchanging one nation’s distinct currency for another? Explain. Could a nation that neither imports goods and services nor exports goods and services still engage in international financial transactions? Answer: The answer is almost certainly a yes. Only in rare cases would you find barter exchanges (goods and…

INTRODUCTION A mission and vision are standard and critical elements of a company’s organizational strategy. Most established companies develop organizational mission statements and vision statements, which serve as foundational guides in the establishment of company objectives. The company then develops strategic and tactical plans for objectives. The mission and vision of an organization is its…

Introduction Imagine embarking on a mountain climbing expedition in Nepal, encountering not just the physical challenges of the ascent but also an ethical crossroads. This is precisely what happened to American businessman Bowen H. McCoy, who, alongside his friend Stephen and a diverse group comprising New Zealanders, Swiss, and Japanese, stumbled upon a dying sadhu,…

The heavy equipment manufacturing industry is dominated by giants such as Caterpillar and Komatsu, boasting a combined revenue exceeding $29.1 billion dollars for fiscal year 2001. Caterpillar, founded in 1925 through the merger of Benjamin Holt and Daniel Best’s companies, and Komatsu, established in 1921 as an independent entity from Takeuchi Mining Industry, Ltd., have…

Evaluation of Canon Strategic approach to management Each industry has different factors that affect their operations, performance, competitive advantage, marketability or even their profitability (Lynch, 2003). Thus, the management of this firm should be able to determine the most appropriate and suitable strategic approach to management so as to stay in the c competitive market.…

Manufacturing and Service Technologies technology refers to the work processes, techniques, machines, and actions used to transform organizational inputs into outputs. One important theme in this chapter is how core technology influences organization structure. Understanding core technology provides insight into how an organization can be structured for efficient performance. Core technology is the work process…

The research area that I think is both important and of interest is the significance of corporate social responsibility. With the development of academic theory in accounting field, the research of corporate social responsibility (CSR) has gained great promotions. And those researches have brought about profound influences to corporations and publics. The importance of this…

One of the hypotheses that were existed in the world about the trading of goods and service is called the H-O; the theory said that the international trading would only happen inside countries that have different resources; Labor rich country will trade with capital rich country. However, the theory is not really working on the…