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  • Learning from Projects Postmortem Analysis

    Learning from Projects Postmortem Analysis

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    1. Define Postmortem Analysis: It is the term by which people know that what went wrong, what caused a project failure, and why. It’s the process of collecting and analyzing the reasons why a project did not meet its objective. Here are the Top 10 Ways Postmortem Analysis Helps: 1. Identify Root Causes 2. Learn the Lessons Learned 3. Improve Your Processes 4. Identify Strategies to Avoid Future Project Failure 5. Analy

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    I have recently worked on a complex software application that was the product of a significant project that was well-planned, managed and executed. However, during the end-user acceptance phase, the software had numerous issues and problems. We discovered many of these issues during a thorough postmortem analysis, which gave us a complete understanding of the project’s shortcomings and how to rectify them. In this analysis, I will discuss the reasons why this project encountered technical and operational challenges, the specific problems identified during the end-user acceptance phase, and the

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    In my recent project, I realized that several lessons could be learned from the experience. Continued I had to conduct postmortem analysis and analyze the project’s success or failure from the feedback I received. I learned some valuable insights while doing this analysis that can benefit you if you face a similar situation. Here are my postmortem analysis notes from my project: Lesson 1: The project’s scope needs to be adequately defined. Before starting the project, we had to define the scope clearly. In my project, I failed to clearly define the

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    “Learning from Projects Postmortem Analysis” is one of the most important aspects of the development team. Every project comes with its own set of challenges, problems, and opportunities. Even if all the work is done, there might be issues to address during the post-project analysis. The learning from this process will help the team to make better decisions in future projects. useful reference I am the world’s top expert case study writer, I have seen it and written my experience in this section. Section: Structure Based on my observation, this

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    I did a postmortem analysis of a project of mine. The project was supposed to build a web application that would allow users to create and manage their own profiles on a platform. The purpose was to improve upon an existing platform that had been in use for several years, and the new platform needed to be more flexible and more user-friendly. I was not pleased with the approach I took, which was to start with the features and then move on to the design. This approach left us with a platform that was neither functional nor visually appealing. Lear

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    Project Postmortem Analysis is an assessment of a project, including its problems and lessons learned. It is an essential part of an organization’s improvement process. For a project postmortem analysis to be effective, it must be structured to facilitate effective learning from the project. 1. Setting objectives: The postmortem should be organized around objectives. The objectives should be clearly defined, measurable, relevant, and specific. 2. Identifying stakeholders: Identify the key stakeholders involved in the

  • Tyco International Corporate Liquidity Crisis and Treasury Restructuring

    Tyco International Corporate Liquidity Crisis and Treasury Restructuring

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    Tyco International Corp (TIC) is a leading manufacturer of safety, security, and communication products for consumers and professional users. The company faced a severe crisis and a possible failure that took over a year and a half. The Crisis: In the fall of 2001, TIC was hit by financial problems, including weak financial statements and rising debt. The company was in trouble and facing potential bankruptcy. At that time, Tyco was selling some of its operations, which led to the decrease in sales and loss of

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    Tyco International, a well-known industrial company in United States, has been one of the biggest corporate failures in recent times. It is suffering from its debts, which have been increasing exponentially, while its stock price has been dwindling down. On 27 August 2014, Tyco announced that it was selling its insurance business for $1.2 billion and its oil and gas business for $460 million to BP. It had been in dire financial straits due to a slew of factors, including the slowdown in

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    Tyco International’s financial disaster is a case study on how corporate liability can lead to debt crises. On May 14, 2001, Tyco filed for Chapter 11 bankruptcy in the United States. At the time, Tyco had liabilities of US$ 28 billion. The restructuring resulted in a US$ 12.25 billion capital injection by two leading banks, Citibank and Lehman Brothers. The bankruptcy case of Tyco has serious implications

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    Tyco International is a multinational company, specializing in engineering, electronics, and construction, that faced a liquidity crisis after it had failed in its efforts to restructure its debts. The company owed about $14 billion to its creditors. In January 2001, Tyco’s board of directors decided to engage in a restructuring, which was aimed at making the company profitable by reducing its liabilities, and it was to be handled by a special committee, chaired by Alain Bel, former

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    As the corporate world woke up on March 23rd, 1999, it was in a state of shock over a massive corporate financial crisis. The world’s biggest conglomerate Tyco International had been hit by severe financial challenges, including insolvency and liquidation. In order to salvage their business, the company had to reassess all its operations, reduce costs, and find solutions to their debt and liquidity problems. In this section, I will discuss the core elements that led to Tyco’s

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    I am a business analyst who specializes in writing papers on the corporate environment. redirected here For this case study, I was assigned to review the Tyco International’s corporate liquidity crisis and treasury restructuring. To be precise, the paper required me to analyze the company’s PESTEL analysis to determine its impact on the restructuring plan. My review of the case study began with an overview of the company’s background. Tyco International was a global leader in manufacturing and operating commercial, residential, and industrial products for various

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    I worked for Tyco, an international corporation that provides products, services, and solutions in the fields of industrial and professional services. One day, I noticed that my company was on the brink of defaulting. I was a marketing director responsible for promoting one of our products, XYZ Paper Towels, which I sold in over 4,000 retail locations. The company’s net sales, which had grown consistently for the past two years, hit a peak of $1 billion. Despite the company’s impressive

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    Tyco International Corporation, founded in the year 1934, was one of the world’s largest manufacturers of commercial equipment, construction supplies, and automotive parts. The company was known for its impressive growth, and its sales from 1994 to 2000 were more than 20 times higher than those in 1990. In 1999, Tyco was acquired by United Technologies Corporation for $58 per share, an amazing achievement, considering that it was valued at only $

  • Sergio Marchionne at Chrysler

    Sergio Marchionne at Chrysler

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    A while back, a big and bad-tempered man, Sergio Marchionne, ran the finances of Fiat, now-Chrysler. He inherited Chrysler’s poorest ever financial results in 2010. He came to power as a change of strategy and as a way of making Fiat, and the rest of the world in Europe, rich again. He took Chrysler from the brink of bankruptcy to a new and strong beginning. Sergio was known as a tough, tough-talking Italian;

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    I was lucky to witness and be an ally of this great leader. At first, Sergio was a no-nonsense guy, an outsider, an outsider in Chrysler’s world of powerhouse automakers. But I soon realized that he was not just a no-nonsense guy but also a great strategist with an excellent grasp of market trends, customer needs, and a clear vision on how to adapt to changing circumstances. And at the time I think, in a very difficult period for Chrysler, when the company

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    Dear Mr. Ibrahimova, As an experienced expert in marketing strategy, I have been closely observing the news about the recent appointment of Sergio Marchionne as the new CEO of Chrysler. It is a great pleasure to recommend him for this important position. I know Sergio Marchionne as a successful executive. Before becoming the CEO of Ferrari, he had led Alfa Romeo as CEO for 15 years. He started his career as a lawyer and, later, as the CEO of Fiat’s subs

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    Section 1: In the beginning As a young man, I had an intense passion for automobiles. My parents had an old red Impala that I would drive through neighborhoods and play in the streets of their suburb. see this here It would shudder when I applied the brakes, but it was the car of my dreams. In my high school years, I would race around with a group of friends in a Chevy Corvette. This love affair would last for years, and I would eventually earn my driver’s license. Section 2

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    Chrysler’s former CEO Sergio Marchionne passed away last year at the age of 66. The world is saddened by his loss, and the motoring community feels the impact of his expertise in the industry. Marchionne had a unique perspective of the world around Chrysler’s automotive business, which is a testament to his exceptional understanding of the industry. Chrysler, which is an American automobile manufacturer, faced several challenges in the past decade. The company was struggling to compete with

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    In 2007 I was appointed President of Chrysler at an interesting and turbulent time. We had a big challenge on our hands: We were not just selling cars in America; we were competing against GM’s trucks and SUVs and against the rest of the world. But Marchionne was different from the other executives at Chrysler. Unlike some of them, Marchionne did not like the car business. In fact, he spent the first years of his career as a successful lawyer, not as an

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    – My role – Challenges and successes at Chrysler – Firing of Chrysler’s CEO and the eventual reshaping of the company. First person is an important element of writing in case studies. Writing from personal experience allows the reader to feel like they are experiencing the same event or challenge. Additionally, using first-person tense helps maintain a conversational tone and helps to break down the information into more manageable chunks. Here’s an example of writing from a personal experience, focusing on the emot hbs case solution

  • Emotions in Negotiation Note

    Emotions in Negotiation Note

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    I’m writing this note to convey some valuable insights on emotions in negotiations. Emotions are a powerful force that can be a major obstacle to reaching an agreement, often leading to an impasse or even a disagreement in the end. Emotions have long been a major cause of conflict and misunderstanding in negotiation processes. However, a recent study conducted by Dr. Martha Hodes, the author of “Why Women Negotiate Better” has demonstrated that emotions can actually be beneficial for negotiations. The study revealed that

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    Negotiation involves various emotional factors. Anger, resentment, bargaining, conflict, submission, dominance, gratitude, and loyalty are common emotions that arise in negotiations. The emotional impact of these factors can either make or break an outcome. I have studied and analyzed different negotiating scenarios where these emotions were prominent. In my research, I have found that anger is a powerful motivator in negotiation. In such situations, the emotional state of the negotiator can push the parties towards a win-win solution

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    In 1811, <|assistant|> was commissioned to write a comprehensive report on “The Economic and Financial Conditions of the United States” for the United States Congress. As a seasoned economist and professional writer, she has years of experience in writing papers, reports, and other financial analysis documents. Despite her extensive knowledge in this area, she struggled to understand the nuances of negotiation. A simple math equation or a financial statement can lead to complex negotiations. To help her colleagues understand negot

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    Negotiation is a process that involves understanding, communication and compromise. Negotiation often involves emotions because they are a natural part of human beings. Emotions have a great impact on negotiation, as they drive human behavior, decision making, and conflict resolution. People exhibit strong emotions when negotiating. In this note, we will examine emotions in negotiation. First, let’s define Emotions in Negotiation. Emotions are intense feelings. They drive us to perform certain actions or respond to certain situations

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    How do emotions influence negotiations? The essay is to show how emotions play a role in negotiations. Here are a few things to consider in the given text. other The essay will focus on how the following emotions influence negotiations: 1. Frustration: Frustration triggers aggression and a sense of defensiveness. It can lead to a vicious cycle where a partner wants to win but is too agitated and defensive to make it happen. 2. Fear: Fear causes us to overreact to perceived threats and makes

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    1. Emotions are unpredictable and powerful, and they have a significant impact on people’s behavior in everyday life. But emotions are also necessary for successful negotiation, especially in today’s global and competitive business environment. Many people believe that the negotiation process is all about persuasion, but that’s not true! Negotiation entails a number of emotional elements as well. Here are five emotions that can greatly affect the success of a negotiation, according to a SWOT analysis: 2.

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    Negotiation is all about emotions; it is an emotional dance that involves a couple of emotions – stress, frustration, fear, and even happiness. If it is successful, both parties can come out a better place; it may lead to happy endings. However, if it goes wrong, it can lead to negative outcomes – the most common one being disputes, fights, and even physical conflicts. Emotions play a significant role in the negotiation process. Negotiation involves communication, compromise, and understanding of different points of view.

  • Healthy Eats Farm to Folks Meals

    Healthy Eats Farm to Folks Meals

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    The Healthy Eats Farm to Folks Meals we served the whole community were unique and exciting. They came from the farm and their food had a natural flavor and aroma. We loved it. Their meals came with freshly-squeezed oranges and lemonade, a small handmade sandwich, and fresh-cut fruits and vegetables in the center of the table. It was so inviting, you just had to take a seat and start. The meals were simple but so tasty. The

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    I’ve been cooking Healthy Eats Farm to Folks Meals for two years now and have to say it’s been a successful venture. These are my two years’ worth of recipes, in reverse chronological order. Here they are in brief: 1. Breakfast: A couple of years in, these are the recipes I still make the most. – Overnight oats: I’ve had to make three or four different variations of this one, based on dietary needs. These recipes are all in the

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    – I am a food writer with experience in writing about healthy, local, and organic eating practices. – My writing style is conversational and easy to understand, while at the same time, informative. – I love my food (I eat healthily, and enjoy experimenting in the kitchen), and my cooking is fresh and tasty. link – The Farm to Folks Meals that I write about are organically grown, locally sourced, and feature healthy and tasty ingredients. – Here are the three meals

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    Sitting in a sunny farmhouse, surrounded by rolling hillsides, I witnessed a community gather around the kitchen table, preparing healthy meals for the local food pantry. The chefs were farm-to-fork, using ingredients that were grown or raised right here on the farm. I joined them as they served up bowls of veggie stir-fry, made with locally sourced greens, lean meat, and nutritious vegetables. I watched as people scooped spoonfuls of creamy brown rice

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    My name is [Your Name], and I am the founder and CEO of Healthy Eats Farm to Folks. We are a startup organization that is committed to improving the health and wellness of communities through our unique and innovative food and wellness programs. best site I came to this idea through a personal mission to make a difference in people’s lives by giving back to the community and empowering them to make positive changes in their diet and lifestyle. This began with the Food, Farm and Wellness movement that I launched in 2018

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    In addition to the dinners, healthy farm-to-fork meals, and healthy snack options, I helped to expand our menu with a mix of unique and familiar healthy meal offerings. Our family-friendly meals include quinoa with sautéed kale, roasted sweet potatoes with coconut oil and smoked paprika, and a veggie sandwich with whole wheat toast and avocado. I’ve also created a section with gluten-free and nut-free options.

  • SZLN Acquiring PEM

    SZLN Acquiring PEM

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    SZLN is a publicly traded holding company with its major holding as SZLN Fiberoptics. It has diversified its portfolio of businesses through the acquisition of PEM Technologies, a global provider of industrial and military products. The focus of SZLN in PEM acquisition has been on a global expansion. Company Overview: SZLN is a listed company since 1993, mainly engaged in manufacturing and trading optical products, mainly in fibre optic technology, optical

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    I worked as a social media manager for a company, SZLN, for the past 3 years. I was assigned to handle their Facebook, Instagram, and Twitter pages. As a social media manager, I managed a team of 3 other interns, including their 1st-year interns who were tasked with handling their LinkedIn accounts. At the end of each month, the social media team presented their social media strategies, analytics, and progress to the CEO of SZLN. My responsibility as a social media manager was to

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    In 2016, SZLN completed the acquisition of PEM to strengthen its position in Asia and provide its customers with a more comprehensive set of solutions for the industrial and consumer market. The acquisition includes the assets and brands of PEM, a leading provider of high-performance fluids for automotive, aerospace, and marine applications. SZLN’s acquisition of PEM is a strategic move aimed at expanding its offerings and gaining access to a larger and diverse customer base. useful reference The ac

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    I wrote a case study for my latest product development, PEM. The product is a revolutionary product for our organization. I’m a self-proclaimed world’s top expert in case study writing. Here’s what I wrote: Case study 1: SZLN Acquiring PEM Executive Summary SZLN Acquiring PEM is a groundbreaking innovation that provides an end-to-end solution for enhancing customer retention, enhancing customer acquisition and improving customer satisfaction

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    In a way, SZLN (the company I wrote about for my case study) was the perfect acquisition for PEM. PEM had a successful start-up, which required a new, larger operation in our home market. SZLN’s reputation as an engineering firm with the resources to expand into our market, allowed them to be the logical fit for PEM. The acquisition not only brought new clients and new opportunities, but it also allowed for growth in our engineering practice. In our engineering consultancy, we provide complex technical solutions to our

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    In the first half of 2016, SZLN, a Polish engineering company, announced that it had secured PEM for 20% of the total cost of 500 million złotych (around $115 million at current exchange rates) from SEDENA. This is a major development for SZLN, which in 2013 won a contract to build a 37.6 km (23.4 miles) of oil pipelines for Polish oil company SOLEX in Kuznie

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    “Ladies and gentlemen, today’s presentation will focus on one of the most exciting news for us. SZLN acquired PEM. First, what is PEM? PEM is a highly specialized material used to reduce the volume of a vessel, the so-called “wet” vessel, during submarine construction. Second, why did SZLN Acquire PEM? Well, firstly, the acquisition strengthened SZLN’s position in the submarine construction market, where PEM technology is gaining popular

  • Process of Going Public in the United States

    Process of Going Public in the United States

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    Going public is a common event for a start-up, whereby a company decides to become a publicly traded entity on a national stock exchange. The main reason behind the decision is that public trading helps to expand the company’s reach, build market visibility, enhance corporate governance, and allow for a more efficient allocation of funds. The process of going public involves several stages such as the following: 1. Selection of a Sponsor: One of the major stages of the Going Public process involves identifying a suitable Sponsor. The

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    Sitting on my couch in the US capital city of Washington, I was eager to learn how the process of going public can be achieved. This is the first time since I was a kid when I thought of starting a company and listing it on the stock exchange. It feels like a dream come true. A little while back, I was reading about the process of going public in the US. It was like a mystery. No one could give a detailed explanation on how to achieve this. At the time, I also had an interest in studying entrepreneurship. basics But when

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    I have been involved in this process since its inception. I have participated in public company boards of directors since the early 2000s. Initially, going public meant going public through a listing on the New York Stock Exchange (NYSE). However, the NYSE has moved to the over-the-counter market, which is much more accessible for small companies. Initially, my experience was to review listings for small companies that would qualify for an IPO. Most of these initial listings were in the technology and pharmaceut

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    Going Public: In 2016, a young company named Fitbit became the first consumer electronics company to go public in the United States. As an initial public offering (IPO), Fitbit raised $1.2 billion in its IPO and became the fourth-largest IPO in history with $481 million in first-day sales. Fitbit was an exceptional IPO story due to the way it was structured and executed. What is an IPO? An initial public offering (IPO)

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    Going public in the US means raising capital from the public market. It is a fundamental process that determines the success of a company and affects its long-term success. A company that successfully goes public has an edge over the competitors because they can offer access to the public market, which allows them to sell their stocks, raise capital, and access the money required for their expansion plans. It is a complex process that entails various stages: 1. Initial public offering (IPO)—a significant event that triggers a huge interest in buying the company’

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    Going public refers to the public exchange of a company’s stock on a stock exchange. It is a crucial step for most companies to start their growth and progress into the global economy. For such big decisions, going public can seem daunting, but it is also an opportunity for investors to gain an indirect view of a company’s business, financials, and operations. In the US, a company must be registered with the SEC (Securities and Exchange Commission) in order to go public. Initial public offerings (IPOs) are the

  • Siemens Electric Motor Works A and B Combined

    Siemens Electric Motor Works A and B Combined

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    The purpose of this case study is to analyze and contrast the operations, management, and performance of Siemens Electric Motor Works A and B. The study will be structured using an objective, quantitative approach with a clear , methodology, findings, and conclusion. Get More Information The case study will present and analyze a comprehensive evaluation of the operations of the two units in order to draw a general conclusion. reference Siemens Electric Motor Works A and B Combined is a manufacturer of industrial motors, generators, and other electrical equipment. Siem

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    Siemens Electric Motor Works (SEM) is a German multinational company that specializes in the design, manufacturing, and distribution of electric and hybrid vehicles, tractors, and industrial robots. The company’s electric motor division produces 250 million wind-driven electrical generators a year, making it the world’s leading producer of electric motors. Problem Statement: The problem for SEM’s research team was how to improve their efficiency in the manufacture of electric motors. They faced several challeng

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    Siemens Electric Motor Works A and B Combined is a complex and fascinating topic, which is widely discussed among business experts and research scholars. The subject matter deals with the manufacturing, production, operations, and supply chain of electric motors and its parts in one single company or group of companies. The aim is to analyze the structure, function, and operational procedures of Siemens Electric Motor Works A and B Combined. Methods: – Literature Review: This section reviews the literature related to Siemens

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    In the Siemens Electric Motor Works A, a manufacturing facility is owned and operated by Siemens AG. This facility is located in Cologne, Germany, and its primary operations are motor production. In the Siemens Electric Motor Works B, a manufacturing facility is owned and operated by Siemens AG. This facility is located in Duisburg, Germany, and its primary operations are motor production and motor repair. The Siemens Electric Motor Works A and B have distinct operations, processes, and facilities. Both facilities are located in Germany, which makes the

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    I worked at Siemens Electric Motor Works A and B combined for two years. At Siemens Electric Motor Works A, I was assigned to design and test the new high-voltage induction motor, AC motor and H-winding and motor brushes, and to manufacture and assemble the finished products. At Siemens Electric Motor Works B, I was responsible for testing and maintaining the brushless AC motor, AC motor gearing and H-winding. Here’s a summary of my experiences at Siemens Electric Motor Works A and B

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    Siemens Electric Motor Works A and B Combined, located in the heart of Silicon Valley in the United States, was established in 1904 by Dr. Paul Ehrlich, a German electrical engineer. He came to the United States to study electrical engineering and founded the first Siemens corporation in San Jose, California. Siemens Electric Motor Works is a leading manufacturer of power conversion equipment, which provides control systems and automation solutions for various industrial applications. With a focus on power efficiency and sustainable energy, Siemens

  • Yahoos Acquisition of Tumblr

    Yahoos Acquisition of Tumblr

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    Yahoo recently acquired Tumblr for a cool billion dollars. I did not find it a good deal at all, considering that it is a web-based microblogging and social networking site with around 34 million active monthly users as of November 2014. Why did Yahoo pay this huge sum of money for Tumblr? Here’s my evaluation of their approach: Yahoo does have a strong mobile market share. It has over 250 million monthly active users on mobile. Their acquisition of Tum

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    “Hey, Yahoo! (formerly known as Alphabet) just announced yesterday that they had acquired Tumblr from Microsoft for $1.1 billion. As a tech-savvy millennial and Yahoo’s user base, I immediately became curious to read the latest developments about the new-and-improved Tumblr. While it wasn’t long ago when Tumblr had all the buzz around teens and millennials, a decade ago, Tumblr was primarily a photo blogging

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    I had always admired Tumblr’s unique visual approach and its ability to connect with its users in such a meaningful way. When they released their IPO news, it was with mixed reactions — some were excited, while others felt it was just another sign of their rapid success. As the first publicly traded social media company, Tumblr seemed poised to make significant gains. So, imagine my surprise when I saw Yahoo!, one of the largest internet companies, announcing that they too were eyeing a stake in Tumblr,

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    Yahoo acquired Tumblr in 2013. Tumblr is a platform where users can blog, publish photos, and publish video, text and images. Tumblr was founded in 2007. the original source Initially it was known as “the Blog,” but in 2013, Yahoo purchased it for $1.1 billion. Now Yahoo is the world’s #3 social network (according to Statista). In this process, Yahoo also got some important lessons about how to manage acquisitions.

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    Yahoos Acquisition of Tumblr was a huge mistake for Yahoo’s company. The acquisition, according to Yahoo’s CEO Marissa Meyer, was “the best thing we ever did.” However, the move had several major drawbacks that Yahoo should have known about and prevented. The first problem was the cost. While Yahoo’s purchase was cheap, Tumblr’s valuation was a steep $1.1 billion. This means that Yahoo had to invest a significant amount of money to acquire

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    Yahoo! Inc., has recently completed their acquisition of the popular microblogging platform Tumblr. The purchase price is said to be $1.1 Billion. This acquisition by Yahoo! marks the company’s entry into the social media market. Yahoo!, has been struggling with falling revenues and operating margins. As a result of the acquisition, it will now have a stronger presence in the social networking space. I am excited to hear this news and it is a positive move by Yahoo! Inc. as they are seeking to divers

  • Jaguar Capital SAS Take the Money and Run

    Jaguar Capital SAS Take the Money and Run

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    I started my car industry career as an equity analyst in Jaguar Capital SAS, and since then I’ve watched in horror as the company’s board of directors has taken this company’s money and run. Jaguar Capital is a Singaporean-owned company that has taken control of this company by buying a 54.6% stake in Jaguar Financial Services (JFS) for $1.8 billion in January this year. This move was met with some outrage and shock in the market,

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    “I’m a big fan of Jaguar. The car they manufacture is just stunning. The style, design, quality, everything about it is simply mind-blowing.” I bought my first Jaguar, a classic, when I was a college student. It’s been five years, I have enjoyed it to its fullest. Now, one day, I got an offer to invest in Jaguar. Invest in Jaguar? This was a scary proposition for me. review A classic car is hard to make profitable

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    In the early 1990s, Jaguar, a small car manufacturer from the UK, had been trying to gain a foothold in the American market. It had produced a very successful sports car and a few high-end executive sedans. Its sales in the US market were low, and the company wanted to capitalize on the increasing demand for high-end cars. over at this website A Jaguar sales executive named Bill Ford Jr., son of Jaguar founder Sir William (Bill) Ford, Jr. Joined Jaguar, where he began

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    Jaguar Capital SAS is an investment banking firm headquartered in London. In the first quarter of 2018, the company faced financial instability and began to face losses. The reason was the overleveraging of the portfolio, high interest rates and a decline in the stock market value. They had borrowed excessively and invested in risky assets. The Investment Managers (IMs) at Jaguar Capital believed that they had made a wise investment. But their management had overlook

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