Essays on Toshiba

Globalization

Carrier is a major organization and a subsidiary of the United Technologies that has operations in 6 continents and in 170 countries where it seeks to provide consistent, noiseless, and energy-efficient products to its huge consumer base. The expansive presence in the global market is an opportunity for the company to introduce products into the market, enforce partnership, and foster innovation. However, Carrier faces stiff competition from cheap products from China especially in developing areas. To reduce operational costs, the company has instituted several strategies such as developing operational and manufacturing plants outside the United States. Like many other ...

Introduction

Earnings or Net Income is the single most important figure in a company’s financial statement for the average investor. Even a small fall in the reported earnings can result in the loss of millions of dollars in stock value and subjects company managements to scrutiny by investors and financial analysts. Corporate executives are under therefore under pressure to meet market expectations resulting in “earnings management”. Earnings manipulations can range from minor adjustments within the law and the accounting standards to the outright fraud of showing non-existing profits (Carruth, 2011). The Sarbanes- Oxley (SOX) Act of 2002 was enacted ...

Assignment 5: Capstone

Abstract Dell Inc. deals with manufacturing and selling of personal computers and other computer accessories. Turbo PC was the first product produced by Dell Company, which has experienced gradual growth since its foundation. Various strategies and policies have led to the success of the multinational company over the years. Therefore, the paper covers the effect that the mission, vision, and primary stakeholders of Dell has on its success. It highlights the effect of the six segments of the environment on both the firm and the industry. It also focuses on the SWOT analysis and five (5) forces of competition ...

WHAT ARE THE MAJOR CHALLENGES THAT PANALPINA WILL HAVE TO OVERCOME AND THE CAPABILITIES THAT WILL HAVE TO DEVELOP TO MAINTAIN ITS LEADING POSITION AND THE RAPID PACE OF GROWTH

Background

Globalization and the unprecedented pace of internationalization of the businesses have had the tremendous effect on the activities of the modern corporations. Some of the major challenges which the companies face in the contemporary business environment include innovation and technology advancements. This document focuses on the analysis of the specific company, Panalpina, one of the biggest logistics companies, which proud itself in excellent supply chain solutions for the global ...

Ethics in accounting is a high profile issue due to the numerous corporate scandals that have taken place in many organizations resulting to massive damages to the economy. In particular, these scandals question the morality of accountants. Many reports have argued that accountants have the main responsibility for ensuring continued ethical standards in business. The state of ethics of accountants today is in a critical position because of the numerous audit failures that have been there in various organizations. Recently, there have been a number of financial scandals facing organizations from all over the world. Among the most recent ...

Abstract

The Sony Corporation is a multinational conglomerate of Japanese origin. It is headquartered in Konan Minato, Tokyo Japan. This particular company has diversified its business through the production of multiple products and services. The main products produced by Sony include professional and consumer electronics, entertainment, gaming, and financial services. Sony’s vision is to create products that meet the imaginations of everyone and produce gadgets and devices that stimulate senses and rejuvenate the spirit. It strives to come up with ideas full of surprise and that never disappoint the consumer. The company is one of the major players in ...

The accounting scandal Toshiba faces spanned over seven years, involved millions of dollars, and resulted in resignation of several top level management officers. The CEOs appeared to be directly related to scandal. While they did not implicitly instruct anyone in accounting to “cook the books” they placed pressure on the accounting unit and subordinate staff to produce the desired numbers (Carpenter, 2015). The corporate culture of obedience to high level management played a large factor in the subordinate staff to obey the directives regardless of the incorrect nature of the reporting. The scandal was a result of over-inflated profits ...

Introduction

Sony (Sony Corporation) is a Japanese consumer Electronics Company founded in 1946 by Akio Morita and Masaru Ibuka whose headquarters is located in Minato, Tokyo1. Sony was originated from ‘Sonus’ a Latin term for sound, and also from ‘Sonny’ an English slang for personable and smart young man. The company deals in manufacture, design, development, electronic equipment sales, instruments, and devices both for industrial and consumer markets. Sony has a wide variety of interests which range from business solutions, electronics, music, television and movies, robots, and internet service applications/ solutions. These products and services are offered globally in over 204 countries located ...