StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Company Summary - Essay Example

Comments (0) Cite this document
Summary
The company has grown in a slow and steady manner over the years and is now recognised to have a major part of the computer technology market. Microsoft’s operating…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91% of users find it useful
Company Summary
Read TextPreview

Extract of sample "Company Summary"

Microsoft Corporation Introduction: Bill Gates and Paul Allen founded one of the world’s largest multinational computer technology corporations. Thecompany has grown in a slow and steady manner over the years and is now recognised to have a major part of the computer technology market. Microsoft’s operating systems covers a total of 88.7 percent of the market and the remainder of the market is covered by numerous other companies (Palmer, 2009). The company is run by a group of ten members of board of directors who are elected every year in the annual shareholder’s meeting. The paper aims at discussing the four major managerial functions of the company, i.e. Planning, Organizing, Leading and Controlling.
Managerial Functions:
Microsoft has been known for its planning, organising, leading and controlling functions. Considering the most essential element of management – Planning, it has been seen Microsoft has a very strong planning process. The company’s planning is done only by the top management and all plans require to be consented by the board of directors and most essentially by Bill Gates. The plans are generally developed by the top level and then are passed down to the various departments of the company, where each of the plans is implemented.
The second essential management function is organising. This function is another very essential element of the business and here the company require establishing the functions and assigning them to the respective teams. This is an essential element as it brings teams together to work towards the same goal. Microsoft pays a lot of attention to this and this is clear from the fact that the company is spread worldwide and the only focus of across the world is to ensure complete organisational success.
Leading forms the third main aspect of the managerial functions of any business. The ability to motivate and lead the company to reach heights of success is where Microsoft and Bill Gates have been recognised to be the root cause for the immense success that the company faces. Bill Gates is the current chairman of Microsoft Company and has been ranked to be the wealthiest person in the world. He has been known to be one of the biggest revolutions in the computer industry. Bill Gates has built a strong image for himself and has grown to be recognised as the best entrepreneurs in the world. He has set down examples, is admired by many as well as has been criticized for his style of business (Lesinki, 2006). There have been mixed views on his style of working and he has been criticized of being anti competitive.
Controlling is the final stage of managerial functions. Here it is how the company measures and monitors the systems and evaluates the goals of the organisation. Microsoft has been known for this as the company has been able to keep up the quality and the goals across the world. The main credit for this mainly goes to Bill Gates for his excellent leading qualities.
Recommendations and Conclusions:
Microsoft however does have a number of aspects that requires to be considered to ensure better performance. It has been noted that the company is off lately been faced with high levels of competition from Apple. Hence the planning aspect of the company requires to be strengthened to a greater extent to ensure higher profitability and success of the company. The company hence requires increasing the focus on this stage to be able to meet up with the competition and to also build better overall strategies as well.
References:
Palmer, R., (2009). Apple market share tops 10%, Windows share lowest since tracking began. 2nd January 2009, Available at: http://www.tuaw.com/2009/01/02/apple-market-share-tops-10-windows-share-lowest-since-tracking/ (Accessed on 23rd September 2009)
Lesinki, J. M., (2006), Bill Gates (Biography), 28th December 2006, Revised Edition, first Avenue Editions Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Company Summary Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Company Summary Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1557841-company-summary
(Company Summary Essay Example | Topics and Well Written Essays - 500 Words)
Company Summary Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1557841-company-summary.
“Company Summary Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1557841-company-summary.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Company Summary

International Business: Executive Summary on Nokia Company

...?Executive Summary Nokia is one of the largest companies in the telecommunication industry in the world. In 2000, it has reached total sales of around $28 billion. It is considered to have the largest chunk of market share as compared to its competitors. Being in a strong leadership position, the company has reached its maturity stage. Economic crunch has affected the growth of new subscribers while the increasing demand of handsets with distinct features and brands has become a commodity item for every person. Heavy investments are also needed to be made in order to upgrade to the level of 3G technologies. In the midst of this havoc, it would be interesting to see how Nokia manages to retain its customers and maintains its brand loyalty...
12 Pages(3000 words)Essay

Summary

...? Summary Overview The chapter will be directed towards explaining the organizational theory as a constraint of democracy. Decision making is the most important criteria of a democratic government which will lead to the establishment of ultimate welfare of the individuals in the society. But bureaucracy and its characteristics has developed within the democratic countries of the world and limited the effectiveness of the democracy. The relation between bureaucracy and democracy will be also analyzed and provision for potential solution towards establishment of effective democracy will also be made. Democracy and decision making Involvement with an array of relationship among the individuals (bestowed with the right to participation...
4 Pages(1000 words)Book Report/Review

Charles Schwab, Company Summary

...?Charles Schwab was founded in 1971 as a corporation under the First Commander Corporation. The company changed its to Charles Schwab two years later. The business organization offers financial services including securities brokerage, banking, and retirement planning among other services to both individual and institutionalized investors (Yahoo). The common stocks of the company are traded in the New Stock Exchange (NYSE) under the symbol SCHW. The price of the SCHW common stock on September 4, 2011 is $11.54 (Nasdaq). The market capitalization of the company is $13.96 billion. The price of the company has fluctuated during past year. Appendix A shows a graph that illustrates the price movement of the stock during the past year. The stock...
3 Pages(750 words)Essay

The 21 st Century Public Company Audit Summary

...Audit Summary of KPMG Monograph Chapter This is the introductory chapter and defines why the government's concerns about the auditing standards and aspects rose suddenly. The situation was alarmed by the downfall of Enron and other such companies who were audited by world-renowned auditing firm such as Arthur Andersen LLP. The fraud, which was caught by the authorities, had been involved in window dressing the accounts, which led to the bubble, boom in NASDAQ in the year 2000. the auditing firm, which was famous for its competency and honesty was charged for this fraud and its reputation went down taking it along with it. Thus the government authorities passed under the Bush administration to have a strict watch over all the companies...
9 Pages(2250 words)Essay

Executive summary of the Ethical Tabao company

...Executive Summary Taobao is the largest Chinese online shopping platform occupying over 80 % of domestic online business. It accords an avenue for businesses and individual entrepreneurs to open online retail stores. Alibaba Group founded Taobao in 2003 while company facilitation is by Business-to- Consumer (B2C) and Consumer –to Consumer (C2C) models with the later exerting dominance in the company. The C2C model challenges product quality and counterfeit control. Taobao uses the egoism concept in making business decisions that favors the good of the company over the benefit of the society hence affecting many shareholders. However, Taobao urges the public to behave responsibly to maximize the wealth of the shareholders. Taobao plans...
1 Pages(250 words)Essay

The Proctor & Gamble Company Executive Financial Summary

...The Proctor & Gamble Company Executive Financial Summary Company History Founded in 1837, Proctor & Gamble has it’s headquarter based in Cincinnati, Ohio. The company has is now a component of Dow Jones Industrial Average (DJIA), the most famous stock index operating at New York Stock Exchange. P&G excelled its operations in terms of focusing beauty and care market. Currently, the company has segregated its brands into five different segments namely Beauty, Healthcare, Family Care, Grooming, and Fabric Care. Some billion-dollar brands in the names of Head & Shoulder, Ariel, Pantene, Gillette, Tide, Olay, Pampers etc are the milestones achieved by P&G the company, which was founded by William Procter and James Gamble (P&G - A Company...
3 Pages(750 words)Research Paper

Prepare a brief summary report on 3 key employment relations issues for an Australian company about to expand its operations into a country in Europe or Asia

...Management 3 Key Employment Relations Issues for an Australian Company About To Expand Its Operations into a Country in Europe or Asia Introduction This is a report on the employment relations issues for a country looking to advance business into India. It includes a review of the major challenges and law regulation policies governing business in the country. The laws on employee relations the company must adhere to and follow. How such would affect the company’s policies and practices, including various ways for it to adapt. It also gives view of various unofficial activities the company may conduct to benefit the host society. Executive summary The major aims of any business venture are to make profits, and to expand...
4 Pages(1000 words)Essay

The Company Targets Customers

...-end Servers for companies and institutions. As a principle HP doesn’t reveal non-public product details, financial information, marketing, R &D, manufacturing and Personnel Data. We will work on whatever information the company discloses and is available in common domain of knowledge to assess our strengths, marketing mix, current strategies, current events and global information and discuss how they can be more streamlined in. In today’s world no amount of market strategising is enough, no amount of competitor’s latest strategies and innovation and we have always to remain in an ever evolving role. HP Pavilion and sister products We have chosen our Personal Computer as the product of our current study. Just for sake of recall, we make...
8 Pages(2000 words)Case Study

Several Issues Created by the East India Company

The eventful history of India and Pakistan gives plenty of reason to attribute to their bitter rivalry. The wars fought in 1965, 1971 and 1947 are a testament to this; so are the various bombings that each country’s intelligence agencies have planned on each other’s country (Crossette, 2008). Both countries have constantly bombarded each other over the line of control and escalation of forces at the border to mount pressure on each other has become a frequent course of action. Kashmir still remains disputed territory with no sign of resolution in the coming future. Even the control of environmental resources such as water and its use (Indus Water Treaty) has been a cause of concern and argument for each country. It is...
7 Pages(1750 words)Case Study

Company Strategy to the Public Sector

The definition of corporate strategies emphasizes the need for the organization to satisfy the needs of all the stakeholders if the organization is to achieve its overall objective of maximizing shareholder value. Stakeholders include employees, customers and the communities in which the organization operates. Employees, customers, and communities, therefore, have a significant impact on the success of the organization and thus on the corporate strategy of the organization. In formulating corporate strategy, organizations need to identify and priorities strategic issues, which involve scanning, selecting, interpreting and validating information. (Schneider, 1989).
The aim of this paper is to explain the strategy of an organiz...
7 Pages(1750 words)Assignment

Company Law Issues

Various sections of the CA are coming into force over a staged process and the relevant provision relating to authority is sections 39 and 40, which came into force on 1 October 2007.

Section 39(1) of the CA provides that “the validity of any act done by a company shall not be called into question on the ground of lack of capacity by reason of anything in the company’s constitution”

Additionally, section 40(1) provides that: “In favor of a person dealing with a company in good faith, the power of the board of directors to bind the company, or authorize others to do so, shall be deemed to be free of any limitation under the company’s constitution”.

Section 40 (2)...
9 Pages(2250 words)Case Study

Benefit of Partnership to Company, Trade Union and Government

The John Lewis model of partnership states that the ultimate purpose of business is the happiness of all its members. Hence, when partners “share the responsibilities of ownership as well as its rewards of profit, knowledge, and power”, it is mutually beneficial to all members of the organization (ILO, 1996). The partnership can be a part of the commitment to pluralism and also a part of the non-union agenda (Bacon & Storey, 2000). The national agreement Partnership 2000 defines workplace partnership as “an active relationship based on recognition of common interest to secure the competitiveness, viability, and prosperity of the enterprise” (Doherty, 2008). The interest in the partnership has arisen due...
6 Pages(1500 words)Case Study

Business Sustainability and Society: Coca-Cola Company

For centuries, ethics has been a crucial and significant component of human societies that contributed enormously to the creation of norms and values through religious influences, as well as through the contribution of intellectuals and philosophers in society. Unfortunately, nowadays, it is an observation that individuals, organizations, and even nations have commenced overlooking the phenomenon of ethics in their practices, specifically in the business sector that has become the major stakeholder confronting criticisms related to ethical practices. Critics (Crane, pp. 23-29, 2007) argue that business ethics has now become a component limited to theoretical policies and frameworks of business organizations, and such principles an...
10 Pages(2500 words)Case Study

Marketing of Services: Starbucks Company

The employees are also awarded stock options. Through this, their salary may rise by 14% of the gross pay. The stock investment plan allows the buyers to buy common stock of the company at a discount. They can get hold of it in 85% of the fair market value. The other fringe benefit that the company provides is that of “Future Roast” 401(K) Plans. The employer matches the employee’s contribution to this plan by adding from 25 to 150 percent of the first 4 percent of pay. It is depended on the length of the service.

All these benefits get reflected in the result of employee job satisfaction. In Starbucks, the Employee Job Satisfaction rate is 82% as per the report of Hewitt Associates Starbucks Partner V...
6 Pages(1500 words)Assignment

The History of Heinz Company

It is the different approaches for marketing that has provided the corporation with different opportunities for reaching various targets while expanding into various products that are a part of the company. The current changes that are a part of this have allowed the company to continue to offer one of the top brands that are a part of the market.

The inception of Heinz began in Pennsylvania during the industrial revolution by Henry Heinz. He built his business practices from his parents with their pickling and sauerkraut services. By the early 1900s, Heinz was a growing corporation, specifically in response to the current situation with the Great Depression. The products offered included not only basic picking, but als...
7 Pages(1750 words)Case Study

Business Ethics of Wal Mart Company

The lack of ethics is one that results in complications such as loss of customer loyalty, inability to continue to progress in society and legalities that can cause the business to become hindered when selling products or services.

A company that is taking shape in the global market is Wal – Mart a superstore that is known for low prices on a variety of products. Consumers that are familiar with Wal – Mart often attribute the products offered by this corporation as convenient, easy to use and at lower prices than other stores. However, there are also continuous questions of how the employees, suppliers, and customers are treated when looking at ethical considerations. One of the common problems that many ha...
6 Pages(1500 words)Case Study

The Relationship Between Financial Perfprmance and Corporate Social Resposibility on Saudi Electricity Company

The pragmatic parallel mixed methods design was adopted for the study using the questionnaire, structured interview guide and content analysis were the primary instruments utilized in the collection of data. A total of 500 respondents participated in the study. These respondents represented the five sectors considered in the study, namely: the community residents, SEC employees, SEC managers, personnel from other establishments (i.e., the marketplace) and the government.  A combination of sampling techniques was used in this study: stratified random sampling, for the community respondents and SEC employees; simple random sampling, for the respondents of other companies; and purposive sampling for SEC managers and a representa...
88 Pages(22000 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Company Summary for FREE!

Contact Us