Sunday, December 29, 2019

External and Internal Analysis of Foxconn - 3425 Words

External and Internal Analysis of Foxconn Introduction Foxconn, or Hon Hai Precision Industry Co, was founded 37 years ago in Taiwan by Terry Gou. The company initially started as a local computer component manufacturer. Over the past decades, Foxconn had been continuously growing to become the world’s largest electronic components manufacturers with the consolidated revenue of 59.32 billion US dollars in 2010. As the largest electronic manufactures, Foxconn provides electronic components to major electronic devices manufacturers across the world. Its clients include Apple, Amazon, Sony, Nintendo, Microsoft, Dell and HP. Since 2011, Foxconn has been expanding its operations in Brazil to increase its supply of Apple products. It has also†¦show more content†¦The industry utilizes a robot-focused manufacturing process to enhance product quality and shorten production time. This robot-focused manufacturing process requires manufacturers to invest large capital expenditures before initiating production. As a result, manufacturers experience high fixed costs, high exit and high entry barrier. Since the products are relatively indifferent to the customers, customers could easily substitute one manufacturer’s product with that of another manufacturer’s at the same cost. This attracts a large number of competitors to enter the industry and compete for market share. Entry Barriers: High * High economies of scale * Large capital investments * Existing firm possession of resources that are difficult to duplicate in the short term such as favorable locations and political contracts * A past history of aggressive retaliation * Access to cheap labor Economy of scale is a way for manufacturers to gain competitive advantage and to minimize the average cost. Foxconn and its competitors maximize the benefit of economies of scale by increasing its production. The favorable locations and political contracts also provide cost advantages. These political and favorable locations advantages are hard for new competitors to duplicate in a short period of time. Moreover, Foxconn and its competitors will initiate a retaliation to drive new entrants out of business. ForShow MoreRelatedManaging Organisational Change at Foxconn’s Factories in Contemporary China4629 Words   |  19 Pagescorporate structure is urgent. In 2010, a series of tragedies among workers at Foxconn in China has again proved the necessities to initiate fundamental changes in accordance to the new social and economical conditions in China. A total of 12 deaths and 2 suicide attempts pointed out severe issues of Foxconn’s policies and management style, and has triggered a number of nationwide protests against the company (Luk, 2010). Foxconn, the country’s largest contract manufacturer with 937000 employees in mainlandRead MoreInvestigating The Conflicts Within Organizations And Will Be Concentrate On Its Specific Source Of Conflicts1396 Words   |  6 PagesINTRODUCTION This paper will aim to analysis and discuss the conflicts within organisation and will be concentrate on its specific source of conflicts. It will also focus on the recent main issues within electronic manufacturer which the phenomenon of suicide and over work time, with regard of the economical environment. In addition, political environment and interpersonal relationship which will influencing conflicts will be considered in this paper. Such source of conflicts appear increasinglyRead MoreOrganizational Social Responsiveness from Csr Perspective2006 Words   |  9 Pageswill first briefly discuss the CSR theory by reviewing its development history. Focus will then be paid on the study of organizational social responsiveness, which includes two basic processes, namely first monitoring external social demands and expectations and then developing internal social mechanisms (Bartol, 2011). To be more precise, the author would like to study the social responsiveness from a CSR perspect ive. The following part of this research will make two case studies to further explainRead MoreThe Report On Nokia Mobile Phones1741 Words   |  7 PagesMikuni Panasonic Service Company Sharp Mexico Galvotec Alloys New Zealand Fisher Paykel Norway Kongsberg Automotive SAPA Switzerland Landis + Gyr Sweden Atlas Copco Group Kuehne Nagel Taiwan King s Prosperity Industries Foxconn International HCP Feature United States Bissell, Inc. (2 plants) Stanley/Black Decker (3 plants) Brunswick ( 2 plants) C.R. Bard Corning (4 plants) Delphi Automotive (2 plants) Eaton Corporation (4 plants) Emerson (7 divisions)Read MoreUnderstanding the Structure and Practices of the Apple Company3042 Words   |  13 Pagesbecause these are written from employees that for a reason or another left Apple. The other side of the coin is the problems that apple has had lately with its supplier and producer Foxconn in China. This is a big company that has a staff of 1 million employees and produces the IPhone and the IPad for apple. Foxconn, produces electronic devices for the biggest companies in the world including Dell and Microsoft, but this company is the main supplier for Apple. The latest reports from China says thatRead MoreNike Moment Case Study1473 Words   |  6 PagesNike Moment The uproar over Apple and Foxconn has been labeled the â€Å"Nike moment† for the electronics industry [205]. The analogy would be incomplete without acknowledging the eponymous maker of shoes, apparel, and sporting equipment. Nike and Apple share the experience of drawing the spotlight because of their prominence, even though their labor practices were not necessarily any worse than the norms in their respective sectors. These two sectors have many similarities: extended supply chain structure;Read MoreApple Incorporated: Corporate Risk Management2548 Words   |  10 Pagescompanies in Asia; the most notable one is Foxconn in China. Foxconn is a manufacture for some of the worlds most known electronics brands such as Apple, Dell, and Amazon. Foxconn has world class production facilities and skilled labor that are arguably the best in the world. It has been estimated that Foxconn currently accounts for forty percent of the worlds entire electronic goods production and represents Chinas biggest exporter (Wingfield, 2012). Foxconn can accept almost any electronics designRead MoreCase Study : S Formation History Essay1393 Words   |  6 Pagesreceived investments worth $647 million in fresh capital from Softbank. This automatically placed Softbank as the largest investor in Snapdeal. In the seventh and last round of its funding that came in August 2015 from Alibaba Group, Softbank and Foxconn, the company received a funding and investment of $500 million in fresh capital. 2. Company acquisitions Snapdeal acquired grabbon.com which is a Bangalore-based group buying site in June 2011. In April 2012, it acquired esportsbuy.com a platformRead MoreApple s Personal Computer Product Line Essay968 Words   |  4 PagesApple needs to consider is how it should handle rapid technological innovations to stay ahead of competitors and how it advertise its newly developed products. One way to efficiently analyze Apple’s internal and external industry environment is to apply a Porter’s Five Forces analysis. And such analysis will certainly help their global marketing strategy as it can better under their weakness and strength and thus come up with a appropriate plan. The first force is the â€Å"Threat of New Entrants†Read MoreManaging Interest Rate Risk Management1035 Words   |  5 PagesIn the aspect of interest rate risk management, the department establishes a systematic financial risk quantitative analysis model by analyzing the assets and liabilities structure. On the basis of scenario analysis and stress testing, it follows the movement of interest rate and determine the timing of market operation. It analyzes Apple’s import and export trade currency and business volume. Various measures will be taken to lock exchange rate. Buying forward exchange rate options is one of the

Friday, December 20, 2019

Essay about The Latent Traint Theory and Violent Crime

The Latent Trait Theory and Violent Crime Petra Torri Nova Southeastern University [CRJU 2220: Criminology Prof. J. Brecher] The Latent Trait Theory and Violent Crime Developmental theories, such as the Latent Trait Theory explain criminal behavior through life-course fundamentals. Violent crimes, such as murder and battery are accordingly the result of behavior that has been shaped starting in one’s childhood. This paper explains violent behavior and it’s causes through the Latent Trait theory and gives insight into the theory’s origin, as well as highlights how criminal behavior can be rehabilitated. The Latent Trait Theory and Violent Crime The Latent Trait Theory is a developmental theory, which explains violent crime†¦show more content†¦Sensation seeking, and low self-control have been linked to impulsivity, and are latent traits of criminal offenders’ personalities (Zimmerman, 2010). Depending on an individual’s environment these latent traits were already present at birth or were acquired very early in life and developed into criminal and violent behavior. Violent crime is often the result of impulsive actions. In many cases crime itself is planned to some degree, but when the plan gets interrupted, sudden violence might result (Zimmerman, 2010). Impulsive behavior is often the reason for crime to become violent; many murderers do not plan to murder another individual, but depending on the situation, they act upon what triggers them impulsively and in a way that they did not plan (Zimmerman, 2010). Latent traits that are not present at birth, but are acquired during childhood and adolescence are often the result of exposure to violence. According to Cohn and Crim (2008), youth that grow up in violent a neighborhood and are exposed to violence, or have violent parents, are more likely to commit violent crime in adolescence and adulthood (p.1). Statistics show that over 60% of American youth are exposed to violence, at some point in their teenage years, whether it is perpetration or victimization. In addition, parental and peer relationships become increasingly more important for youth as they grow up. These interpersonal

Thursday, December 12, 2019

Mark Twains Adventures of Huckleberry Finn American Perspective free essay sample

Mark Twains Adventures of Huckleberry Finn: American Perspective Many of the pieces if literature have different perspectives on the American society and government and also have different affects on the readers. One piece of literature that really deals with American society in the 19th century is Adventures of Huckleberry Finn by Mark Twain. This piece of literature deals with racism and the different reforms the government was trying to enforce, which made some people quite upset, along with giving different perspectives of society at this time. One of the characters in this story is referred to as Pap. This is Huck Finns father and he seems to be in the lower social class of society. He is an alcoholic who thinks the government is against him and also believes the government is stupid for its different reforms, especially the one that lets Negros be free and not slaves in the South if they have not been there for a long enough time. We will write a custom essay sample on Mark Twains Adventures of Huckleberry Finn: American Perspective or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page He believes that all Negros should be slaves and that the government is stupid for not implementing that belief. The whole issue with slaves is not an issue anymore, but still many people are racists, including the older generation. This type of attitude is still held by some people, that Negros should be held at a lower class because they are not good as white people or that the Negros think they are better than white people. Pap also believes the justice system is corrupt and it is all about power. He refuses to give custody of Huck to Judge Thatcher and the Widow because he feels like he has more right to Huck because he is his father, even though he has a history of neglect and abuse. This reflects some of the lower class even now because some people feel like their children should not be taken away from them, even though they abuse them or neglect them or something that is just not legal. They will disrespect the justice system and say several crude statements about our justice system. Pap is a character in this novel that reflects some of the lowest in the lower class in American society from the 19th century and now. Pap makes one think about how the members of the lower class act. Some of the lower class are proud people and refuse to act this way, but there are the alcoholics and drug addicts of this class that gives everyone a bad name. Pap represents the worst of the lower class for the 19th century and he displays that not much has changed for these types of people, other than now they take money from the government and then say the government is horrible. This novel shows other perspectives of American society. There is Jim, who is a slave, which gives almost the opposite perspectives to Pap. Jim is a genuinely nice person when he is even lower than Pap in social ranking. The Widow gives a different perspective. She does not speak much about her view of the government but she is perceived as lower class to middle class. She believes everyone should be civilized, which Pap and Huck are not. She gives a very different perspective then Pap, Huck, or Jim. Then there is the perception of society Huck has. He wants to run away from it all. He does not want to be part of a society where he has to be civilized. He is a typical teenager and some teens in the present think and act in these ways. The different perspectives represented in this book seem to be represented even now, in 2013. This piece of literature changed my perspective on America because it made me realize that this is still how many Americans act in society today. There might be different issues, but there is still the attitudes that are displayed in this piece of literature. People think we have moved forward and become better, but we truly have not done this. This book may not be modern, but it applies to many modern situations and behaviors of the different social classes and the government. All one has to do is read this book and think about the ignorant people in our society and realize we have not really changed at all in the past 150 to 200 years other than more equal rights and we have all gotten lazier because of technology. Those are the only differences in our society now, and this novel made me realize this.