Bonus assignment #1 Case Study Example | Topics and Well Written Essays - 250 words

Bonus assignment #1 - Case Study Example The CEO is Joseph W. Luter, III while the Board chair is Wendell H. Murphy. The Board structure of Smithfield is of the norm since the company is legally instituted. The director depending on whether they are employees or not are subjected to fees and shareholding respectively (Smithfield Corporation, 2012). Directors’ interest can be aligned to that of shareholders by making them one of the shareholders. The company has not a nomination committee (Smithfield Corporation, 2012) and I think shareholders hence vote the directors the independence of the process, which is guided by law. The audit committee is composed of Audit Committee is comprised of Messrs. Faison and Murphy, it is independent and it held a meeting once which is satisfactory. Greenberg joined the board in 1987 while Richard Holland is a manager and Banker by profession. The firm held nine annual boards meetings all of them attending at least 75% as required. Stock ownership of Smithfield by other shareholder stands at 55.7% leaving the rest for the CEO who is therefore the majority shareholder hence in direct control. The other directors holding more than 5% shareholding are passive to the business operations while exercising control through their major vote. Though the company exercises professional management, its governance structure is that which exercises control from the top (Smithfield Corporation, 2012). The leadership has tried to modify this depending on the environment of operation making the company survive despite fierce competition in its

Business Report to managment on online entertainment Essay

Business Report to managment on online entertainment - Essay Example The special features will include a visually rich content, streaming video linkages to various features, flash and banner advertisements, additional benefits to members as emails on entertainment related activities including alerts on mobile, briefs on stars and music icons, gossip related news to achieve an emotional link up, games, quizzes and event markers. The company logo and motif is as given below:- The company philosophy will be as indicated in its name, to provide holistic entertainment value to persons at one location that is its web site. EntertainmentYou.com will be located in Los Angeles the hub of all entertainment and gaming activity in the World. It will have a lean organization which would be cellular and networked. A large quantum of work will be outsourced. However a minimal required employee profile will have to be maintained. Thus there will be a number of departments. A privacy policy will also be declared. This is essential to build confidence of the customer that his personal data is safe with the company. Customer policy and terms of reference will be clearly stated and personnel will have to accept the terms and conditions before becoming members. There are a number of companies operating in the on line entertainment segment of e business. Some of these are subsidiaries of large entertainment corporations as Sony. These are operating multiple entertainment sites which offer a variety of audio and video services including movies, music and even dating services. Three of these organizations are being covered in the competitor survey given below as follows:- (a) Eonline.com - URL - http://www.eonline.com. (b) Abc.com - URL - http://www.abc.com/ (c) 1netcentral.com - http://www.1netcentral.com These sites have been selected based on the popularity ratings as per Google search, the range of services provided and the variety of communications, new media inputs and overall popularity. A varied profile of the content provided by each site has been attempted to enable drawing maximum inputs for planning EntertainYou.com. Each site is being covered in detail as given below. Eonline.com E! Online is an entertainment web site which caters for a large number of entertainment needs of the modern consumer. These include music and movie reviews, coverage of live events, branded merchandise for film, TV and music enthusiasts, in addition to the latest daily news and celebrity information. The site places its USP as a fun and some what irreverent tone. Its popularity is identified by the 2.5 million users that it gets. Being a subsidiary of E! Entertainment Television Inc which is a large producer and distributor of entertainment news and life style programmes, it has ready stock of information and content available from this reliable source. Over the years it has also created an archive of 16,000 news stories and has a wide range of popular columnists