Microsoft Office is produced by the Business Division of Micros... ... middle of paper ... ...el for other companies on how to grow and achieve higher levels of employee morale that is a critical element needed for a highly motivated workforce. Microsoft is one of the original pioneers in the computer software industry. The company has grown to be one of the single most profitable companies in history and has produced several top billionaires. As a company of such large capacity, employing tens of thousands of employees, using effective motivational strategies is an important portion of the company’s foundation for conducting business. Microsoft is a leading force in developing and promoting effective morale increasing techniques and has proven that success is built on the backs of the employees who serve the cause of the company.
Evid... ... middle of paper ... ... and manufacturer that will occupy every sector of the software industry. Our manufacturing plants can be consolidated and re-structured to cut costs, wile adapting to manufacture the new software line that my company would introduce. Our management team can be re-structured as well so that strategic planning and decision-making will better implement our new ideas and technological advances. Finally, our market share will be greatly increased because of the ability to be exposed to countries that we are not currently involved in. I feel that a combination of our companies would be probably the most beneficial event that could occur in my company.
Having the freedom to make a difference and making sure employees find meaning in their work is important to Microsoft. They promote growth in mindset, individuals who are customer obsessed, workplace diversity and inclusion. The company knows where it is going and how they are going to get there. They are consistently focusing on reinventing productivity and business processes, building an intelligent cloud platform and creating creative personal computing. From humble beginnings, inside of Bill Gates’ dorm room at Harvard, Microsoft became one of the biggest corporate success stories America has had in their history.
Technology is a huge help when it comes to making processes more efficient, both in time and cost and can be used in order processing, inventory control, human resources, accounting and more. In addition to internal processes, there is a boom in e-commerce in today’s society. More than ever people are heading to internet in order to complete purchases, do banking, etc. so business-to-consumer (B2C) sections are hugely important to business success. For example, if a customer were to go online to make a purchase, they are more likely to choose the site that allows them to complete the purchase the quickest.
Microsoft met another challenge from the rapid rate of new technology. Specially coming from competitor such as Apple, Google, IBM, AT&T corporation, and cable giant media ONE. The Internet also allowed for new growth, because companies can get their message out in second anywhere in the world. However, the management of Microsoft was able to fully utilize the skills, expertise, and wisdom of its employees to remain successful. Microsoft continues to be successful with its creativity and innovation by producing new product such as windows and Xbox.
Financial statements are a useful tool for assessing the comparison between enterprises. From financial report shows everything that the company owns the debt and profits and losses within a certain period of time and position of the company changes how from the final report. In its annual report, Apple said it sold nearly 170 million iPhones in fiscal 2014, up 13% compared to 2013. The total value of the sale of the iPhone at more than 100 billion US dollars, accounting for 56 % of total company revenues. Have to say, Apple is dependent on their iPhones.
For example, a $1 billion manufacturing company with total procurement spending of $570 million can spend up to $348 million on non-production goods and services. Reducing this spending by only 15 percent would mean savings of $52.2 million each year! Market Growth Expectations As of September 16, 1999, Investment banking firm Goldman, Sachs & Co. said it expects a five-year $1.5 trillion boom in business-to-business e-commerce in industries ranging from automobiles to medical equipment. In a report on the sector, Goldman says that the retail sector, with sites like Yahoo! Inc and eBay Inc, has gotten most of the attention, but the business-oriented side "is poised for equally explosive growth."
Table of Contents Executive Summary 2 Company Background 2 Company Research 3 Value Chain Analysis 3 Customer Profile 4 Competitors 4 External Analysis 5 Internal Analysis 7 Financials 8 Situation Analysis 8 Alternatives 9 Recommendation 11 Implementation 11 Contingency 12 Bibliography 14 Appendix 15 Executive Summary Microsoft has been a leader in the software industry for many years. As the technology industry has changed, so has the type of devices. This change has created a market with a focus on mobile devices and access to data through the cloud. Microsoft has made headway into this mobile driven market, however, they face competition from Apple, Google, and other tech giants. Microsoft must find a way to stay relevant in the technology world.
Google announced $55 billion in total revenue for 2013, which is 189th on Forbes 500 list, the majority coming from advertising (Google Investor, 2014). On top of this their profits exceeded $15 billion. Despite a narrow revenue stream, Google’s broad product range is also a measure of their success. Part of the strategic developed of the company has been through diversification. This has been achieved through commitment to a policy of bold and aggressive acquisitions, currently they hold over 100 products in their portfolio.
The technology and gadgets in business In business field, employers and employees use a lot of technology and gadgets to help them in their business, such as data management, customer service and financial management. It creates efficiency and convenient for them to further spreading their business to other places in a whole new level. We found out that there are several types of business technology categories that separated in terms of their functions, which are: 1) Business hardware In business, hardware is essential and its function can be specified in terms of what business tasks are involved with. We can say that computer is the most commonly used gadget in business field, as long as they have software installed in it that can help improving their business. Next to it will be mobile phone, which can install many apps