Bitstream BITSTREAM Background of Company: Bit stream is a $30 million company‚ founded in 1981. The sales were from Retail and OEM. The new president Mr. Jim Sole found opportunity in network print manager. To manage the new business a new person is to be hired. Problems in the Case: The main problem in the case is selection of suitable candidate for the post generated due to new opportunity found in Network printing business. There are four suitable candidates who applied for the post. Analysis
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Bitstream Case Analysis | | | | | | | | Submitted by Group 4‚ Section D Members Anjel Joseph Chinmay Nahar Kishlai Kumar Rashmi Shukla Ravi Maheshwari Udit Bokaria Submitted by Group 4‚ Section D Members Anjel Joseph Chinmay Nahar Kishlai Kumar Rashmi Shukla Ravi Maheshwari Udit Bokaria CASE BACKGROUND \\ Bitstream // * Founded in 1981 * Initially created as a company that would digitized type fonts for display screens and printers. * By 1992
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Company Background Bitstream is a software company that has identified an opportunity to develop and market a new product. The company develops digitalyzed type fonts for display type font for display screens and technology. Their revenues come from retail sales and OEM sales. Jim Sole‚ the brand new president was hired in 1992 to substitute the former president‚ the founder of the company. Jim was a very successful professional and had much great experience in this area. Jim found the organisation
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LM5-PEER TEAM ACTIVITY CASE: BITSTREAM KEY CRITERIA FOR FILLING THE JOB All elements of a good hiring profile are important. The real value is the resulting lists of competencies the employee must possess in order to perform this job successfully. Competencies can include Knowledge‚ Skills‚ Abilities and other attributes such as behavioral and personality traits. In the Bitstream Case‚ Jim Sole (President) is going to make a High Impact Decision by hiring the person who will spearhead the network
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ate for the job. Bitstream is a software company that has identified an opportunity to develop and market a new product. The company develops digitalized type fonts for display type font for display screens and technology. Their revenues come from retail sales and OEM sales. Jim Sole‚ the brand new president was hired in 1992 to substitute the former president‚ the founder of the company. Jim was a very successful professional and had much great experience in this area. Jim found the organization needing some changes
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CHAPTER FOUR SOLE PROPRIETORSHIP I. INTRODUCTION The sole proprietorship is the simplest form of “business association” we will examine. It is perhaps a bit odd to describe it as a form of “association” given that the “sole” proprietor will be the only “equity” investor and thus doesn’t “associate” with anyone else as a co-equity investor. However‚ there will almost invariably be “associations” that the sole proprietor will have in order to carry on the business. These can include associations
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Sole Proprietorship in the U.S. A sole proprietor is an individual who owns an unincorporated business. There are nearly 23 million sole proprietorships‚ not counting single-owner farm businesses‚ in the United States‚ and many of these engage employees in addition to their sole proprietor owners. Sole proprietorships are subject to state laws regarding registration and licensing‚ which are similar but vary from state to state. Formation Every state has its own code of business laws authorizing
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LIT1 TASK 1‚ PART A Sole Proprietorship- Sole proprietorships are the most common form of business in today’s world. These are your mom and pop shops built from the ground up and owned by one person. Sole proprietorships are unincorporated so any contract or legal agreement the company agrees to‚ it is actually the owner that is entering into the contract. Being a sole proprietor has obvious advantages in that it is very easy to create a sole proprietorship and and all profits made by the
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A sole trader business: • is owned by one person • has unlimited liability • is regarded as a separate entity for accounting purposes • is not a legal entity in its own right. A sole trader is a person who is the only owner of a business. A sole trader enjoys many advantages‚ including inexpensive start-up costs and a relatively simple process of establishment. The owner makes his/her own decisions and is entitled to all the profits of the business. However‚ a sole trader must bear all losses
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Holey Soles experienced rapid revenue growth. During this period‚ Holey significantly increased the production capacity‚ warehouse space and inventory in an effort to meet demand. Now Holey has excess manufacturing capacity beyond the actual manufacturing plan‚ this works extremely well when actual demand exceeds forecasted demand (pre-booked orders)‚ but is it robust enough to handle the opposite scenario? In other words‚ the model is “optimized” for large upswings in product demand‚ thus allowing
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