ArcelorMittal, the world’s leading steel and mining company, is the leading supplier of steel quality steel products in all major industries; however, ArcelorMittal is not leading with regard to diversity and inclusion. Currently employing 3,426 salaried employees, only twenty percent are female and eighty percent are white, non-Hispanic—not the most diverse statistics. This is a challenge for ArcelorMittal as they acknowledge that “what makes ArcelorMittal unique are its people,” yet they
Assets - ROA. (n.d.). Retrieved August 28, 2014, from Investopedia.com: http://www.investopedia.com/terms/r/returnonassets.asp Return On Sales - ROS. (n.d.). Retrieved August 28, 2014, from Investopedia.com: Return On Assets - ROA Arcelormittal-reports.com, (2014). ArcelorMittal South Africa Integrated Annual Report 2013 - Summary consolidated statement of comprehensive income. [online] Available at: http://www.arcelormittal-reports.com/reports/ar_2013/integrated/fin-ci.php [Accessed 28 Aug.
including finance, accounting, human resources, and supply chain management, into a single platform. This allows the CEO and other executives to access real-time data on various aspects of the business and make informed decisions. Supporting IS: ArcelorMittal may also use other supporting information systems, such as a customer relationship management (CRM) system, supply chain management system, and business intelligence (BI) system. These systems provide data on customers, suppliers, and market trends
10)Nucor: Founded in 1940 Nucor Corporation engages in the manufactures of steel and production of steel products. The company primary operates through three segments: Steel Mills, Steel products and raw materials. With revenue over 19 Billion in revenue and number of employees over 20,000 it is the largest steel producer in the United States and sells its products to steel service centres and manufacterers across Canada, US and Mexico. Sales: $21.1 bn Profits: $ 712 mn Market Value: $14.9 bn
The steel processing industry is fragmented and highly competitive. According to Wikinvest some of the top competition is Nucor Corp, Tenaris, POSCO, ArcelorMittal, Steel Dynamic, Reliance Steel & Aluminum Co, and Ternium. There are many competitors in the steel industry (Wikinvest, 2016). The competition is primarily on the basis of price, product quality and the ability to meet delivery requirements. To
important ones are listed here. Mulally was included in the 2009 Time 100 list. The entry, written by Steve Ballmer, says, "[Mulally] understands the fundamentals of business success as well as any business leader I know". In 2011, The Financial Times ArcelorMittal Boldness in Business Awards named Mulally Person of the Year. He was also named the 2011 CEO of the Year by Chief Executive magazine. In 2012, Mulally was awarded the honorary degree of Doctor of Science by the University of Kansas for his notable
A leader should be highly motivated and need to communicate effectively with the team members to make them understand about the importance of the task. The effective leaders should take decisions within the given limitations but need the moral courage to fulfil the task with the employees. In this highly competitive business world the leaders need to be creative to be successful in the market and always need to set the standard of performance for the employees to control them in a proper way for
This paper focuses on the plight of the Cuyahoga River, its history of pollution, and the environmental movements it helped create. The river has been highly degraded due to toxic substances and bacterial contamination, which has contributed to loss of biodiversity ("About Cuyahoga River AOC," 2016). 1 On June 22nd, 1969, the river caught fire one last time. Time magazine heard of the fire and published a story. It caught the attention of the entire nation describing the Cuyahoga as the river that
What does a SWOT analysis reveal about Nucor’s situation? Strengths Low-cost producer – Successfully executed and maintained a low-cost provider strategy by seeking out and impending cost Maintained low operating and production costs by implementing innovative and cost saving steel-making technologies. st producer which has successfully implemented innovative cost-saving steel-making technologies. Successfully implemented innovative cost-saving steel-making technologies technology to lower the costs
The tendency of the mind is described as follows: "For him who has conquered the mind, the mind is the best of friends; but for one who has failed to do so, his mind will remain the greatest enemy." This goes on to explain that the greatest strategists are who they are because of their controlled mind, since strategies have existed ever since the human mind was known. The word “strategy” originates from the Greek word “strategos” which means “a general”, “army”, “lead” or “plan of destruction of
ANNOTATED BIBLIOGRAPHY: CULTURAL ANALYSIS OF COSTA RICA Dwanna Toney BUSI604_B02 – INTERNATIONAL BUSINESS Dr. Preacher September 25, 2014 Major Elements and Dimensions of Culture in this Region Anderson, A. (2003). Women and cultural learning in Costa Rica: Reading the contexts. Retrieved from http://www.frontiersjournal.com/issues/vol9/vol9-02_anderson.pdf This article came from the Interdisciplinary Journal of Study Abroad, a journal that concentrates on the experiences of United