COMPANY BACKGROUND Dell traces its origins to 1984‚ when Michael Dell created PCs Limited while a student at the University of Texas at Austin. The dorm-room headquartered company sold IBM PC-compatible computers built from stock components. Dell dropped out of school in order to focus full-time on his fledgling business‚ after getting about $300‚000 in expansion-capital from his family. In 1985‚ the company produced the first computer of its own design‚ the "Turbo PC"‚ which sold for $795. PCs
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Evaluation of Michael Dell’s Performance: In 1984‚ at the age of 19‚ Michael Dell founded Dell Computer with a simple vision and business conceptthat personal computers could be built to order and sold directly to customers. .Michael Dell was the youngest CEO at the age of 27 to head the fortune 500 Company. In his role as CEO‚ his performance was excellent. Through his innovative way for marketing computers‚ he guided Dell from a small‚ start-up company into a global leader in PCs and IT Products
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a wide range of factors‚ which change over time. Dell Computers aims to stretch its way of business In an interview with the Financial Times in November 2003‚ Kevin Rollins‚ the CEO of Dell Computers‚ explained how he was putting his job on the line by leading a major strategic change in the company. The US company famous for selling PCs is planning a big push into consumer electronics. If things go according to plan‚ Michael Dell could eventually become the Henry Ford of the information
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risks that a business may face. Dell‚ Inc. Dell originated in 1984 when Michael Dell started selling custom built IBM computers out of his University of Texas at Austin dorm room. In 1985‚ he dropped out of college and formed the company Turbo PC which grossed more than $73 million in the first year of operation. In 1988‚ the newly named Dell Computer Corporation went public and in 1992‚ Michael Dell became the youngest CEO to run a fortune 500 company. Dell quickly became the #1 rated PC
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DeLL Inc. | Strategic Audit | MAN 4720 – Strategic Management | | Group 7 | 3/31/2012 | Dell‚ Inc. Dell‚ Inc. is an American multinational computer technology corporation based in Texas‚ United States. The company develops‚ sells‚ and supports computers and related products and services. Dell Inc. is one of the largest technological corporations in the world‚ employing more than 103‚300 people worldwide. Dell is listed at number 41 in the Fortune 500 list (2011). It is the third largest
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Michael was born on February 23‚ 1965‚ in Houston‚ Texas. When he was 12 years old‚ he issued his first product catalog called “Dell’s Stamps‚” which he advertised in a local trade journal. By going directly to the ultimate user‚ he learned his first lesson about developing a direct relationship with the customer. Michael was interested in technology from an early age. (Krames‚ J. 2003‚ p. 58) When he was 15‚ he bought a computer to take it apart just to see how it worked. During his high school
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new ideas. Dell Inc. has over 5000 patents today that started from the computer revolution and internet development. This paper will describe a brief history of the industries development and discuss Dell’s core competencies and marketing strategies‚ and make recommendations for increasing core competencies‚ improving vertical integration‚ possible global expansion scenarios‚ advertising platform‚ and marketing strategies. Core Competencies Introduction Dell Inc. was
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INTRODUCTION Dell‚ Inc. is an American multinational information technology corporation based in 1 Dell Way‚ Round Rock‚ Texas‚ and United States that develops‚ sells and supports computers and related products and services. Bearing the name of its founder‚ Michael Dell‚ the company is one of the largest technological corporations in the world‚ employing more than 103‚300 people worldwide. Dell is listed at number 41 in the Fortune 500 list. Dell has grown by both increasing its customer base and
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Watch the following videos and answer the questions. Michael Dell’s Advice to Entrepreneurs (2:27)— What changes has Dell made recently that shifts how the company operates? He cut prices‚ improved customer service‚ changed processor chips from Intel to AMD and he opened Dell stores so people can actually put their hands on the product. How do you think those changes will be accepted by consumers? As an owner of two Dell computers‚ I can say that the changes have been a great improvement
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Executives at Ford have been considering the ’Direct Model’ created by Dell Computer Corporation and finds that there is considerable appeal. Dell has been able to speed up inventory velocity such that there is only eleven days of inventory on hand. This has led to an inventory turnover rate of thirty times per annum . This achievement‚ termed by Michael Dell ’Virtual Integration’ has been achieved by blurring the line between supplier‚ Dell and client‚ to the extent that third party service staff are often
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