Winning Edge Inc

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• The Winning Edge Essay

  ...The Winning Edge Publisher’s JULY 2013 Info for ESA, stuff that matters! CC-PS/NE1 visit to ESA The month of june witnessed the visits from NE1 to the ESA department. Mr.Diedrich Mentgen, Mr.Alexander Springer visited the ESA department from 18th to 21st of June. Mr. Norman Brosig, Ms.AnneHelene Kindsvater, Mr. Denis Ludwig, Mr. Stephan Poeppel visited ESA department from 18th to 27th of June. The main activities in the visits were to have: Mangement reviews on Business and Cooperation, AB12 SW Workshops for EDR, COMM and DIAG, Team Building, EDR Task force Closure meeting and 8D reviews. Voice Dear All, June was a challenging month, which had couple of travels to Germany and Japan. Then, CC-PS/NE1 visited RBEI. Challenges were in multiple folds. Quality, AB10 Generation transfer and additionally continue supporting future generations like AB12 and ISU. We have a huge challenge on us to improve the quality and be efficient. So, defect reduction continue to be the major goal. AB10 Generation transfer is in its last sprint. We do have tough goals to be met, mainly reduction of defects found outside Software. During Japan visit, we brainstormed to introduce customer SPOC’s inside FT and strengthen requirements & design phase (left part of the V model). This is an important step in improving the quality. Details of these actions would be shared in group and department meeting. Feel free to contact me / GrMs for details. Looking forward...

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• Winning Essay

  ... Jack Welch is one of the most successful business leaders in the world. He spent 40 years at General Electric. He retired in 2001 after spending 21 years as chairman and chief executive officer. His nickname at GE was Neutron Jack, because of the fact that 118,000 people left the company in his first 5 years at chief executive officer. Since he retired from General Electric in 2001, he has traveled the world giving speeches and lectures to business audiences. In his book, Winning, Jack Welch tells his story on how to win in business. Jack Welch wrote Winning after speaking to audiences all over the world. He summarizes the most frequently asked questions he has received over the years. The book is broken out into 5 main sections; Underneath It All, Your Company, Your Competition, Your Career, and Tying Up Loose Ends. In the first section, Underneath It All, Jack Welch talks about mission and values, candor, differentiation, and voice and dignity. Throughout his book, he talks about how other companies operate. One of them is Bank One. One of their values is “We treat customers the way we would want to be treated.” They identified some behaviors that made the value come to life. Some of them are: • Never let profit center conflicts get in the way of doing what is right for the customer. • Give customers a good, fair deal. Great customer relationships take time. Do not try to maximize short-term profits at the expense of...

  1058  Words | 4  Pages

• Chemalite Inc. Essay

  ...Letter to Stockholders Dear Stockholders, 1991 has been a successful year for us and for our Company in which we have accomplished several milestones. We have managed to incorporate a solid company, Chemalite Inc., which will continue to its successful growth in the future. In the first half of 1991, our company has incurred minimal incorporation and preoperational expenses. The company invested in the main assets of the company such as machinery and inventory items which were partly purchased within this period as well as the patent for the production technique to produce Chemalites. The Company hasn't gone into production within the first half, and accordingly, hasn't earned any revenues which lead to a misleading negative outlook on our cash status. However, please note that the above mentioned incorporation and preoperational expenses should be considered as investments to our business. Thus, the $145.000 decrease recorded in the first six months shouldn't be considered as losses. The operations which have taken place in the second half of the year were the most important accomplishments we have achieved. We have gone into full operation and managed to sell $745.500 of our products, thanks to the prototypes bought in early July. These sales enabled us to further invest in our Company by enhancing our machinery and improving our inventory. In addition, we improved our marketing side by advertising our product on television and trade...

  642  Words | 3  Pages

• Mrc, Inc. a Research Paper

  ...Case summary: MRC, Inc. is a Cleveland based manufacturing company specialized in power brake systems for trucks, buses, and automobiles; industrial furnaces and heat treating equipment; and automobile, truck and bus frames. As till 1957 most of MRC's sales were made to less than a dozen large companies in the automotive industry, it was exposed to the risk inherent in selling to a few customers in a very cyclical and competitive market. To minimize the risk and to explore new business opportunity MRC's management decided to diversify their business operation. After their fifth successful acquisition, the CEO of MRC Archibald Brinton faced with a dilemma of whether to buy American Rayon, Inc. Topics which are covered in this case are: Capital budgeting: in short capital budgeting is the planning process used to determine whether an organization's long term investments such as new machinery, replacement machinery, new plants, new products, and research development projects are worth pursuing. It is budget for major capital, or investment, expenditures. In our case Acquisition of ARI was a major capital budgeting decision for the MRC management. Many formal methods are used in capital budgeting, including the techniques such as • Accounting rate of return • Net present value • Profitability index • Internal rate of return • Modified internal rate of return • Equivalent annuity Here in our case, we...

  3201  Words | 12  Pages

• BLADE INC. CASE Essay

  ...BLADE INC. CASE 1. What are the advantages Blades could gain from importing from and/or exporting to a foreign country such as Thailand? Ans: The advantages Blades could gain from importing from and/or exporting to Thailand could be Decrease their cost of goods sold, and increase Blades’ net income since rubber and plastic are cheaper when imported from a foreign country such as Thailand. Due to its superior production process Thai firms could not duplicate the high-quality production process , so establishing a subsidiary in Thailand would preserve blade sales before Thai competitors. Allow Blades to explore the option of exporting to Thailand by building relationships with some local suppliers. As far as exporting is concerned, Blades could become the first firm to seller roller Blades in Thailand. Diversify their investment by opening option to export to other countries beyond Thailand to ensure company sustainability. 2. What are some of the disadvantages Blades could face as a result of foreign trade in the short run? In the long run? Ans: The disadvantages Blades could face as a result of foreign trade in the short run are: Exchange rate risk. Blades would be exposed to currency fluctuation in the Thai baht if importation cost increase without Thai suppliers adjusting their price. International economic condition; if Thailand’s economy undergoes recession, Blades would suffer from sales decrease in Thailand. In the long run, Blades should be...

  285  Words | 1  Pages

• Pressco Inc Essay

  ...I: Statement of Financial Problem: In November 1985 Paperco was presented with the critical business decision of replacing its existing mechanical drying equipment that had been originally placed into service in 1979 with more efficient equipment provided by Pressco, Inc. The consequences of this decision would have far reaching consequences as replacing the equipment could result in cost savings up to $560,000 annually. However, there were other critical factors to address before moving forward with the project. One of the most important factors to consider was the rumored new tax legislation that would, “(1) eliminate the investment tax credit for new equipment; (2) extend depreciation lives for new equipment; and (3) reduce the corporate tax rate from 46% to 34% beginning in 1986. (Harvard, 1991)” Therefore, the financial problem facing Paperco is what is the Net Present Value (NPV) of replacing its existing mechanical drying equipment with the more efficient equipment from Pressco, assuming (1) the rumored tax legislation is enacted; (2) Paperco fails to sign the contract in time to receive the investment tax credit; and (3) the equipment is installed in December 1986. II: General Framework for Financial Analysis: “Net Present Value (NPV) is a method of ranking investment proposals using the NPV, which is equal to the present value of the project’s free cash flows discounted at the cost of capital. (Brigham, 2009)” Simply stated the NPV of a...

  1442  Words | 5  Pages

• Chemalite Inc. Essay

  ...CHEMALITE, INC. | Financial Report | Period of January, 2003 1 to June 30, 2003 | Financial report of Chemalite, Inc. for six months period ended June 30, 2003 is to include cash transaction, income statement and balance sheet. This report will also to include comment on Chemalite, Inc’s actual loss for the period. | In early 2003, Chemalite, Inc. was established by Bennett Alexander to market his invention, Chemalite,. During the first six months, Chemalite, Inc. was preparing for initial production and was still not ready for commercial phase. Chemalite, Inc. was setting up the plant by procuring needed legal entity, place, equipment and inventories. From those preparation activities, Chemalite, Inc.’s summary of the cash for six months ended June 30, 2003 is: Chemalite, Inc | Cash Transactions from January 1, 2003 to June 30, 2003 | | | | | Date | Account | Debit | Credit | 1/2/2003 | Cash | $ 375,000 |   |   | Patent | $ 125,000 |   |   | Equity |   | $ 500,000 | 1/15/2003 | Incorporation expense | $ 7,500 |   |   | Cash |   | $ 7,500 | 6/15/2003 | Equipment | $ 62,500 |   |   | Cash |   | $ 62,500 | 6/24/2003 | Inventory | $ 75,000 |   |   | Cash |   | $ 75,000 | And T-Accounts for transactions are: T Accounts | Asset | = | Liabilities...

  576  Words | 4  Pages

• Winning Research Paper

  ...MINIICASE AS an investment advisor, you have been approached by a client called Ramesh, who wants some help in investment related matters. Ramesh is currently 45 years old and has Rs. 600000 in the bank. He plans to work for 15 more years and retire at the age of 60. Ramesh’s present salary is Rs. 400,000 per year. He expects his salary to increase at the rate of 12 % per year until his retirement. Ramesh has decided to invest his bank balance and future savings in a portfolio in which stocks and bonds would be equally weighted. For the sake of simplicity, assume that these proportions will be maintained by throughout. He also believes that bonds would provide a return of 7% and stocks a return of 13 %. You concur with his assessment. Once Ramesh retires at the age of 60 he would like to withdraw Rs. 500,000 per year from his investments for the following 15 years as he expects to live upto the age of 75 years. He also wants to bequeath Rs. 1,000,000 to his children at the end of his life. How much money would he need 15 years from now? How much should Ramesh save each year for the next 15 years to be able to meet his investment objectives spelt out above? Assume that the savings will occur at the end of each year. Suppose Ramesh wants to donate Rs 200,000 each year in the last three years of his life to a charitable cause. Each donation would be made at the beginning of the year. How much money would he need when he reaches the age of 60 to meet this...

  386  Words | 2  Pages