Use strategic thinking to outline a recommended alternative for Franklin Raines to use in deciding the strategic direction of Fannie Mae. It is 1998 and you are about to take over as CEO of Fannie Mae. Use the two cases on Fannie Mae in the Course Documents (Fannie Mae A and Fannie Mae B abbreviated) for background on Fannie Mae. Exactly how should Franklin Raines proceeded in terms of strategy development what subsequent implementation steps should he have adopted. The Strategic Audit process should
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Information technology is a big portion many companies operations. Sallie Mae acquired USA Group not only because of economies of scale from combining operations which would allow Sallie Mae to continue being profitable but also USA Group had a better information technology system that runs their services efficiently more than Sallie Mae. So when the merger takes place it could leverage the information technology. Also to centralized their data center. Schaeffer Corporation with its divisional
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Mae Carol Jemison or better known as Mae C. Jemison was an American engineer‚ physician‚ and a NASA astronaut. She became known as the first African-American woman to travel in space. Mae was born on October 17 1956 in Decatur‚ Alabama. When she was around three years old‚ her parents‚ Charlie and Dorothy Jemison‚ move to Chicago in order to provide her and her siblings a better education. During her high school years she was convinced to pursue engineering. She blossomed in engineering and graduated
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The idea of changing perspective is a big issue in the film Radiance’‚ directed by Rachel Perkins. This art house’ film is set in Australia and is centred on 3 Aboriginal family members: Chressy‚ Mae and Nona‚ who are strangers. It deals with their efforts to come to terms with each other and with the devastating consequences of family secrets. Throughout the film fire acts as a symbol of both destruction and regeneration. The burning down of the house destroys painful memories‚ but at the same
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WHAT IS THE BIG BILLION DAY SALE ? The e-commerce giant Flipkart announced this sale on the 6th of October in the year 2014. It was supposed to be India’s answer to America’s ’Cyber Monday’. It was the day Indian e-tailing giant Flipkart unleashed its Big Billion Day sale‚ promising unthinkably deep discounts across a host of categories. It offered products in almost every categories at throwaway prices like a hand blender at Re 1 or a 2 TB portable hard drive at just Rs 600 . To make the
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Brought up in a small town just west of Washington D.C called Arthur Capper‚ Mae Belk‚ the vibrant‚ outgoing mother of five has never shied away from the spotlight. Early on‚ like many others life threw her some devastating personal struggles. She bounced back and overcame those grave tragedies in tremendous fashion turning them into one victory after another. Naturally blessed with ever evolving entrepreneurial spirit‚ she went on to create a remarkable powerhouse‚ not only to benefit herself
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Earth Day Earth Day is an annual event‚ celebrated on April 22‚ on which events are held worldwide to demonstrate support for environmental protection. “Earth day is every day”‚ as the saying goes‚ but it is acknowledged and celebrated every year on April 22nd. Earth Day’s history is rooted in 1960’s activism. Earth issues where the least of the government’s concern during this time and this angered Senator Gaylord Nelson. By 1969‚ Nelson had an idea of environmental protest modeled after anti-Vietnam
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The 1950’s were the Happy Days for American’s because of the improvements in technology‚ cultural changes‚ booming economy‚ racial advancement‚ but also the baby boom. President Dwight Eisenhower who was elected in 1952 had a major impact on America’s economy. During his term he lowered taxes‚ but also managed to balance the federal government which allowed for consumerism to thrive and government spending to allow for the feeling of security in the economy. He also maintained many of FDR’s social
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Saint Valentine’s Day Massacre February 14th‚ 1929 Why is the Massacre of St. Valentine’s significant? Setting Popular Gangsters of the 1920’s Reasons for Massacre The Plan That Morning on February 14th The Getaway Where was Moran? Where was Capone? Who was held Responsible? On February 14th‚ 1929‚ seven men were lined up and pumped with 90 bullets from two tommy guns‚ a sawed-off shotgun‚ and an automatic colt pistol. Victims were mostly shot in the head and torso. The incident took place in
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The Fannie Mae Foundation created a guide‚ titled Knowing and Understanding Your Credit‚ to inform people on how to maintain good credit and move them closer to their dream of owning their own home. This guide covered the topics of building and maintaining a good credit as well as figuring out what kind of credit you have. Credit reports are records of how you paid off your debt and loans. It shows how much debt you have‚ if you’ve made loan payments on time‚ or if you’ve paid back the loans at
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