Preview

Philips

Powerful Essays
Open Document
Open Document
4187 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Philips
THE PHILIPS COMPANY
MUHAMMAD SHUAIB KHAN
COMSATS,ATTOCK

The PHILIPS COMPANY
GLOBAL OPERATIONS OF PHILIPS

PREPARED BY:
MUHAMMAD SHUAIB KHAN
SP11-MBA-001

SUMMITTED TO:
MUHAMMAD ANEES
ASSISTANT PROFESSOR

MANAGEMENT SCIENCES
COMSATS INSTITUTE OF INFORMATION TECHNOLOGY,ATTOCK

PREFACE:
First of all i want to thank ALLAH ALMIGHTY for making me enable enough in completing this task.I am also very thankful;to Mr.Muhammad Anees for his guidance, without which this project can never be possible.This piece of work has helped me in understanding how companies go global and manage their activities.

TABLE OF CONTENTS:
Summary...3
Chapter 1 Introduction................................................................................................4 Top management philosophy.....................................................................5
Chapter 2 Global expansion........................................................................................6
Chapter 3 Product and business line............................................................................7
Chapter 4 Competitors...................................................................................................8 Collaboration.................................................................................................9 chapter 5 Business environment.................................................................................10 chapter 6 Recommendation..........................................................................................12 chapter 7 Conclusion...12 chapter 8 Future strategy...............................................................................................12
Refrences

SUMMARY:
Philips is a Dutch multinational electronics company headquartered in Amsterdam. It was founded in Eindhoven in 1891.In line with the mission of Philips, Philips Research helps improve the quality of

You May Also Find These Documents Helpful

  • Powerful Essays

    Egt1 Task 4 Essay Example

    • 2598 Words
    • 11 Pages

    In a time of global commerce, new business ventures can take on many forms. What used to be local or even national companies have become world-wide. International growth of a business can be extremely beneficial but is not without its challenges. Different countries have different peoples and different cultures - different ways of doing business altogether. If a venture is to be successful, these differences must be well understood.…

    • 2598 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    ¶The internet crosses borders and allows global participation (Singh, Zhao, & Hu, 2005). Through the internet and corporate websites, global access is available to companies of all sizes, providing the ability to communicate easily across time zones (Javalgi, Radulovich, Pendleton, & Scherer, 2005). While some website standardization is acceptable, content modification for country and cultural differences maximizes communication effectiveness, increasing the ease of using the site (Singh et al.). However, the company must still strive for organization and product consistency of…

    • 270 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Use the Internet or Strayer Library to research the following components of the global company that you have chosen:…

    • 451 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Bim Analysis

    • 7246 Words
    • 29 Pages

    Just as companies were forced to realize that they could not operate successfully without making their employees a priority, they are now realizing that they must equally support and integrate all functional departments within their organization to become and remain leaders in their industry. Competition in the business world continues to increase and many firms must operate globally just to keep pace with their competitors. At the heart of global business growth is information technology. Developments in technology have allowed corporations to increase the amount and variety of information they can process; increase the amount and variety of information they can store; and increase the amount and variety of information they can share with individuals and businesses around the world. These new communication channels have allowed firms to communicate with one another even when the difference in time zones and geographic locations is vast. The internet, electronic mail (E-mail), and electronic business (E-Business) have pioneered the bridge between all gaps of time and distance.…

    • 7246 Words
    • 29 Pages
    Powerful Essays
  • Powerful Essays

    Challenge of Globalization W. L. GORE & ASSOCIATE had been expending their business in more than 30 over country; there are Asia Pacific, Europe and the Middle East, Central America, North America and South America, leading manufacturer of thousands of advanced technology products for the electronics, industrial, fabrics and medical markets. With the employees of 9.500 people around the world, managing the people also bring along the trouble as well. With the diversity of culture, people, background, language and norms, challenges and problems occur within the company and beyond the boundaries of the company. This is the major problems that will occur when a company goes global and expanding to the world. This challenge of globalization will lead to the virtual team requires high degree of coordination. Issues like communication breakdown and miscommunication happen when it comes to transferring information and data or even as simple as greeting when there are no proper and systematic way of communication. It will be more difficult when it come to language barrier, culture difference and norms from different continents. We also identify is the growing need to build strong relationship across geographical boundaries. The relationships across the boundaries for the person in charge of the same company need to be very strong in order to have a very significant and standardized brand across the world. Confusion and conflict happened when the details and the expectation does not transmit well. Competition among teammates or college will happen when issues rise in the company. The objective of the company will not be focus and easily mislead the way.…

    • 2402 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Phillips vs Masushita

    • 1223 Words
    • 4 Pages

    In 1899 Anton hired the companies first export manager and the company was sell into markets in Japan, Australia, Canada, Brazil, and Russia. By 1900 Philips was the third largest light-bulb producer in Europe. By 1912 the lamp industry stated showing an overcapacity of companies so Philips started building sales organizations in the United States, Canada and France, while all other function remained centralized in Eindhoven. In many foreign countries Philips created joint venture with local to gain market acceptance. In 1919 Phillips entered into partnership with General Electric giving each company use of the others patents as well as divining the world into three spheres of influence. Philips had also broaden its production into vacuum tubes, x-ray tubes and radios.…

    • 1223 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Philips was founded by Gerard Philips and his father in 1892 in Eindhoven, Holland . Then, they recruited Anton Philips (Herard 's brother), an excellent salesman and manager, and soon after they became the third largest light-bulb producer in Europe. However from its beginning on it always took care for his workers. As an example in Eindhoven it built company houses, bolstered education, and paid its employees so well that other local employers complained. When larger electrical product companies were trying to diversify Philips only focused on one product, light-bulbs which enabled the company to create significant innovations.…

    • 2341 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Philips vs. Matsushita

    • 1837 Words
    • 8 Pages

    Two major competitors in the global consumer electronics industry, Philips of the Netherlands and Matsushita of Japan, both have extensive histories that can be traced back more than a century. They have each followed different strategies and have had significant capabilities and downfalls along the way. In general, Philips built its tenured success on a portfolio of responsive national organizations. On the other hand, Matsushita based its global strategy on a centralized and efficient operation through Japan. As they developed and reorganized their international strategies, each company was forced to undertake its strategic posture and restructuring as its competition position fell.…

    • 1837 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Throughout their long histories, N.V. Philips (Netherlands) and Matsushita Electric (Japan) had followed very different strategies and emerged with very different organizational capabilities. Philips built its success on a worldwide portfolio of responsive national organizations, while Matsushita based its global competitiveness on its centralized, highly efficient operations in Japan.…

    • 7249 Words
    • 29 Pages
    Powerful Essays
  • Good Essays

    divisions of product development, production and distribution in the world, which is another factor in the success of Philips. They had built national organizations that recognize a great advantage of the situation and respond to differences in local countries and product development was based on local market conditions. They also had to transfer their assets abroad in trusts in the UK and the U.S. and they moved most of its research staff in England, and senior executives in the US.…

    • 693 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Sony Executive Summary

    • 275 Words
    • 2 Pages

    Sony's current financial difficulties are tied into its corporate culture which was verbalized over 30 years ago. With such an immensely colossal multinational corporation, greater orchestrating and more utilization of strategies should be pursued. Sony could commence with the implementation of a new mission verbal expression, with profit and benefits of the company tied more proximately to everyday operations. Internally, the four forces, the management, the designers, the engenderment and the marketing should achieve better communication and cooperation. Coalition and cooperation between competitors should additionally be actively sort after in order to engender standards in new fields. Sony should aim at being the bellwether instead of being the maverick. As for cost cutting, Sony should earnestly consider establishing operations in other Asian countries in order to capitalize on the frugal labor and the budding markets. Finally, diversification, instead of pursuing the expeditious transmuting and facilely imitated consumer goods market, Sony should utilize its technological ken-how for high-end business and office equipment. With SWOT analysis and Porter's competitive forces model, we can view that the market is much more competitive with less profit margins and lead-time for product innovation. The conclusion is that change is needed in Sony. However, even with strategirial and structure change, the Sony spirit of innovation should remain intact because that is what made Sony grow and would make it stay vigorous. Introduction The first thing that comes to people’s minds of the company and products of Sony is its high-technology-filled-with-contrivances electronic goods and innovation. It was additionally this innovation that makes Sony the greatest company that commenced in post-war…

    • 275 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Primark Case Study

    • 4606 Words
    • 19 Pages

    Feist, W.R. and Heely, J.A. (1999) Managing a Global Enterprise: a Concise Guide to International Operations, 1st edition, Quorum Books…

    • 4606 Words
    • 19 Pages
    Good Essays
  • Satisfactory Essays

    * From the beginning, Philips developed a tradition of caring for workers. Built company houses in Eindhoven along with bolstering education and paying employees very well (C85)…

    • 918 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Managing global organizations has been a business challenge for centuries. But the nature of the task is changing with the accelerating shift of economic activity from Europe and North America to markets in Africa, Asia, and Latin America. Generally speaking, globalization is the process by which the people of the world are unified into a single society and function together. It is obvious that globalization brings both opportunities and challenges to a business, but it is up to that business to react or respond to the advantages or disadvantages. For instance, managers have to deal with a lot of foreign assignments compared to national labor. This is why communication is an inevitable tool of globalization. The distance between countries might be large but, because of advancements in the field of communication, the decisions are taken and implemented simultaneously and, therefore, efficiency of the company increases.…

    • 663 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Backflush Costing

    • 3165 Words
    • 13 Pages

    I am highly indebted to the Institute of Business Management for its guidance and for providing necessary information regarding the project & also for their support in completing the project.…

    • 3165 Words
    • 13 Pages
    Powerful Essays

Related Topics