The Core Competence of the Corporation C.K. Prahalad and Gary Hamel Harvard Business Review 90311 HBR MAY–JUNE 1990 The Core Competence of the Corporation C.K. Prahalad and Gary Hamel The most powerful way to prevail in global competition is still invisible to many companies. During the 1980s‚ top executives were judged on their ability to restructure‚ declutter‚ and delayer their corporations. In the 1990s‚ they’ll be judged on their ability to identify‚ cultivate‚ and exploit
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Part 2. Total 50 marks ( 10 marks each). 1. Explain why you would be more or less willing to buy gold under the following circumstances: a. Gold again becomes acceptable as a medium of exchange. (2 marks) b. Prices in the gold market become more volatile. (2 marks) c. You expect inflation to rise‚ and gold prices tend to move with the aggregate price level. (3 marks) d. You expect interest rates to rise. (3 marks) Outline of solutions: (a) More‚ because it has become more liquid;
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“On balance‚ multinational corporations provide more positive outcomes for society than negative ones”. Multinational corporations are practically in every sphere of modern life‚ from policy making to the environment and international security; from problems of identity and community to the future of work and nation state. (Gabel and Bruner‚ 2003‚ VI) A multi-national corporation (MNC) is a business organisation which has its headquarters in one country but conducts and controls productive
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The Analysis and Valuation of Olin Corporation (OLN) By Elizabeth Demmon Submitted on December 13‚ 2011 SUMMARY 1 BACKGROUND 1 Industry and company 1 Chlor Alkali 1 Winchester 2 Management and Ownership 3 Recent developments 3 FINANCIAL ANALYSIS 3 Discussion of financial statements 3 Discussion of financial ratios 4 OUTLOOK AND FORECAST 4 Economy 4 Industry 5 Company 5 Investment thesis 5 Important value drivers 5 Risks‚ caveats‚ and exposures 6 VALUATION
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The impact of the global financial crisis on the Philippine financial system – an assessment “The problem in politics is this: you don’t get any credit for disasters averted.” Henry M Paulson Jr‚ Former US Treasury Secretary I. Introduction The crisis that originated from the US subprime mortgage market escalated into a global phenomenon. Earlier debates on “decoupling”2 died down as the crisis’ contagion effects proved headstrong‚ cascading to the financial markets of advanced and
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seeks to operate honestly‚ considers people and the environment when making business decisions‚ and tries to make a positive contribution to the local community and to wider society Berjaya Corporation Berhad is an investment holding company and is engaged in the provision of management services. Berjaya Corporation group of companies is founded by Tan Sri Dato’ Seri Vincent Tan Chee Yioun when he acquired a major controlling stake Berjaya Industrial Berhad in the year of 1984. It is originally known
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Teletech Corporation 1996 Teletech Corporations has headquartered in Dallas‚ Texas‚ defined itself as a "provider of integrated information movement and management. The firm had two main business segments: The Telecommunication Services and the manufacture of computing and telecommunications equipment named‚ Product and Systems. Margareth Weston‚ a Teletech chief financial officer‚ learned of Yosarrian’s letter in January 1996. Margareth organized a team immediately of lawyers and finance
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Consider the following simplified financial statements for the Phillips Corporation (assuming no income taxes): | Income Statement | Balance Sheet | Sales | $17‚000 | Assets | $13‚127 | Debt | $7‚541 | Costs | 11‚730 | | | Equity | 5‚586 | Net income | ------------------------------------------------- $5‚270 | Total | ------------------------------------------------- $13‚127 | Total | ------------------------------------------------- $13‚127
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Text 1. WHY DO MULTINATIONAL ENTERPRISES EXIST? Why do multinational enterprises (MNEs) exist? This seems to be a silly question. The answer seems to be simple – because they are profitable! But the issue is more complicated than it sounds. There is some agreement that five different pieces together provide a good explanation of why multinational firms exist (and why they are as large as they are. The combination of these five pieces into a framework for understanding multinationals is often called
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Literature Review 2.1 History of the air-conditioner Air-conditioner was invented based on invention of refrigerator. The history was told that the Chinese were the first to store natural ice and snow to cool wine and other delicacies. Evidence has been found that ice cellars were used as early as 1000 B.C. in China. Early Greeks and Romans also used underground pits to store ice. Ancient people of Egypt and India cooled liquids in porous earthen jars. Ice was produced due to vaporization
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