Formosa Plastic Group (FPG) was founded in 1954 and headquartered in Taipei‚ Taiwan with over 47‚000 employees. FPG was the largest private diversified chemical company that produced and sold a broad range of products which mostly related to plastic. It also operated 6000 bed hospital‚ medical college‚ a nursing school‚ and a technical college. FPG was organized into three major corporations and other affiliated companies. Those three major corporations are Formosa Plastics‚ Nan Ya
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Case 25-3 Formosa Plastics Group For many years‚ managers at Formosa Plastics Group (FPG) used a management control system with an element that was somewhat unique for a large corporation – all employees were evaluated subjectively. In making their judgments‚ evaluators looked at objective performance measures but subjectively made many adjustments for factors they deemed to be beyond the employee’s control. One effect of this system was that bottom-line profit was not even considered in the evaluations
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Formosa Plastic Group FPG is a diversified chemical company headquartered in Taipei‚ Taiwan providing a broad range of products including plastic products‚ carbon fiber‚ processed PVC products among its many products. FGP is organized into three main corporations each is composed of multiple divisions responsible for a product line. The division managers were given autonomy to make production and marketing decisions of their business within the scope of approved authorization. However‚ administrative
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SWOT: FORMOSA PLASTICS GROUP Strength 1. FPG is the largest private company in Taiwan‚ and it is a top petrochemical multinational company in the world (Brand‚ reputation‚ customer basis). It has been profitable for 30 years. 2. Economies of scale: 1) A diversified company with extensive business divisions Lower costs; 2) Is able to make sizable investment in improvement (R&D‚ management)‚ which contributes to more attractive products and lower costs 3. Internal management 1) Has a detailed
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Formosa Plastics Vinyl Chloride Explosion Formosa Plastics USA Illiopolis‚ IL April 23‚ 2004 TABLE OF CONTENTS 1.0 EXECUTIVE SUMMARY 2 2.0 DISCUSSION 2 3.0 RECOMMENDATIONS
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Formosa Taiwan‚ some say it’s a country and some say it is a part of China. To me‚ I don’t really care whether it’s a country or not. To me it’s a fun little island I call home. This little island sits in Southeast Asia and not too far off the coast of China; apparently it’s possible to go from Taiwan to China by swimming. This particular island is interesting to me not only because it’s where I’m from but also the history that it has endured. It’s unique history sets Taiwan apart from the other
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Emily Morgan 4-24-17 Applied Ethics Dr. Gray Dr. Kenneth Edelin Kenneth Edelin was an obstetrician who performed abortions at Boston General Hospital during the 1970`s. In one case‚ the doctor performed an abortion on a seventeen-year-old girl named Yvette‚ even though there was nothing wrong with her or the baby. The mother just simply did not want to mother a child. The exact age of the embryo was unknown‚ but thought to be around the twenty-second to twenty-fourth week of pregnancy. Dr. Edelin
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Cosmo Plastics Case Study Human Resource Management Cosmo plastics have had low production numbers within the manufacturing and research & development departments since new policies were implemented by so and so. The rules may have seemed reasonable on the surface but they have caused numerous problems with the workers and their supervisors. Since Cosmo plastics was growing so rapidly they were lacking in regards to rules‚ regulations and policies. This was a necessary step because policies
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Inject Plastics Define the Problem: Is it the Inject Plastics’ best interest to terminate sales representative or not? Which of the 10 sales representatives should be terminated? Formulate Alternatives: Lay off / Terminate Sales Representatives |PRO |CONS | |Increase district’s income by 0.99% on commission from every
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Kenneth Todar –AUTHOR Introduction to The Microbial World © 2009 Kenneth Todar PhD Figure 1. The bacterium‚ Legionella. American Society for Microbiology. The Microbial World The microbial world is a realm of life made up of microorganisms and viruses. Microbiology is the branch of biological sciences concerned with the study of these microbes. Microorganisms are unicellular organisms (capable of existence as single cells)‚ too small to be seen with the naked eye. Among all forms of
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