Professional Environment Evaluative Business Explanation

Question: Describe about the Professional Environment for Evaluative Business Explanation. Answer: Introduction: Reflective writing helps to express individuals personal experiences. Reflective writing nurtures the information, ones response towards a situation or events even any learning sessions. Here reflection has been given on two different topics such as first on a lecture named Some Issues for Ethics, Professionalism and Technology-an IT Perspective by Karl Reed and another on Team Building Activities. This report has covered four dimensions to form an appropriate reflective extraction. Description of the learning sessions along with the importance of the outcome and future purpose of this has been incorporated here to make the reflective writing justified. Reflection Topic 1: Associate professor Karl Reed has discussed some conflict and contradictory issues that often occur in IT industry making difference between the professionalism and ethical concerns. Dilemma between moral concern and practical activities can be further understood with the help of following attributes of reflective expression. What happened: The lecture has included names like Chelsea Manning and Edward Snowden with few others, who have gone against the US laws by disclosing confidential documents. The documents revealed few shocking incidents that were array with the ethical concern of the public. It is ethical for the US context to allow the government to monitor personal information if needed. However, providing information to any interested person is offensive under Australian policy. Hence, as per my understanding, fact of the matter is both professionalism and ethical issues differ in different background. One must understand whether it is right or illegal reviewing the intensity of the situation (Banks 2012). Importance of the lecture outcome: This lecture is important to me as it has mentioned the necessity of the code of ethics to accomplish the day to day activities for IT professionals. Ethical codes can restrain the professionals from doing any illegal or immoral activities (Harris Jr et al. 2013). Moreover, professional ethics can also influence the practitioners to make the effort in favor of society. I have also learned that I must put the society ahead of my personal interests or interests of my colleagues. One important factor of following ethical codes is, it comprises the principles and values that effects the decisions, taken during the emerging practices (Parrott 2014). Evaluation of the learning: There are several incidents like security breaching of the clients in Vodafone, EFTPOS (banking system) crashes, disclosure of police data etc. These incidents are result of lack of professionalism and tampering of the code of ethics by the IT professionals. Therefore, this lecture is valuable for me to assess the priority and validity of the daily activities. Furthermore, importance of honesty due diligence and transparency in terms of following the ethical issues and maintain the professionalism (Durkheim 2013). Significance of the learning in future: The learning outcome will definitely help me in future by shaping my decisions. It will allow me to think logically and make the most appropriate decision, with less ethical conflict and doubtful professionalism. Reflection Topic 2: This part of the topic assesses the importance of the team building activities for an organizational set up. The main objective of the team building activity is to promote the interpersonal communication among group members, cooperative working, proper planning and execution. Dyer and Dyer (2013), mentioned that success of a firm is critically dependent on the team production. Focus on the external issues diverted if the company has to pay lot of time to resolve internal issues like conflict among the team members (Belbin 2012). To understand the impact of the team building activity, Tower Building Activity has been chosen as the topic of the lecture. What happened: Tower building activity is one of the recognized action that is usually used in different sector to enhance the potential outcome of teamwork. It aims to reduce the squabble among the teammates, incapability of decision making of the team leader and following of the decision by other members (Drew and Coulson?Thomas 2013). Lecturer asked to make towers with the straws; task was assigned for different 3 groups having 5 members. Materials were provided during the lecture. After 30 minutes, each team was supposed to present their tower in front of the class. Each team were given the choice to select a team leader for their own team. Importance of the lecture outcome: This learning session was important to know both the advantage of disadvantage of each. Opinion of each team member was considered during the selection of team leader; it reflects the evaluation of the choice of everyone in a team. Moreover, everyone was asked to share their idea on the procedures of tower building; it means contribution of everyone is important to obtain the maximum and positive yield from a team (Cummings and Worley, 2014). During this session, strong communication among each other was required, that helped in formation of the supportive approach toward each other. This lecture helped me to learn the fact that, weakness of one team member must be suppressed by the strength of other members. Evaluation of the learning: This learning session has helped in alignment of the goals. It has also influenced me to evaluate the importance of obtaining an effective relationship with each other in a workplace. Moreover, another important point, I have learned from this lecture is that, during any crisis team members are required to find solution for that crisis unitedly. Everyone must work cooperatively and in a supportive manner. Significance of the learning in future: Tower Building Activity has influenced me to understand the appropriate behavioral approach while working in a team. It will definitely help me to make intercommunicative and supportive relation with my team members during any operational requirement. Furthermore, learning outcome will help me to give importance to the decision of other coworkers if I am supposed to take the final decision as leader. This lecture will act as pathfinder for me in future while there are requirements of teamwork. Conclusion: In this reflective writing, the main focus has been given on Some Issues for Ethics, Professionalism and Technology-an IT Perspective by Karl Reed and Team Building Activities. To assess the importance of the lecture outcomes discussion have been incorporated in various points. Future prospects have also been discussed. Hence, it can be said this reflective writing has covered all the requirement to establish the evaluative explanation of the topic. Reference list: Banks, S., 2012.Ethical issues in youth work. Routledge. Belbin, R.M., 2012.Management teams. Routledge. Cummings, T.G. and Worley, C.G., 2014.Organization development and change. Cengage learning. Drew, S. and Coulson?Thomas, C., 2013. Transformation through teamwork: the path to the new organization?.Team Performance Management: An International Journal. Durkheim, E., 2013.Professional ethics and civic morals. Routledge. Dyer, W.G. and Dyer, J.H., 2013.Team building: Proven strategies for improving team performance. John Wiley Sons. Harris Jr, C.E., Pritchard, M.S., Rabins, M.J., James, R. and Englehardt, E., 2013.Engineering ethics: Concepts and cases. Cengage Learning. Parrott, L., 2014.Values and ethics in social work practice. Learning Matters.

Business Risk and Inherent Risk Assessment

Question: Discuss about the Business Risk and Inherent Risk Assessment. Answer: Introduction Imagine a situation where a company lost about 50 percent of its capital through dubious financial investments that have not been duly confirmed and authorized. The outcome is dire. It will only take one financial reporting for the corporate world to know that something has been going wrong. How one manages a business risk determines the value that will be realized by the shareholders. The role of the board of management and other senior executives in the corporate world is assessing business risks that may hinder them from achieving the organizational objectives (Hayes et al. 2005). The case of HIH Insurance Limited clearly confirms this statement. The company did collapse because it did not engage in extensive consultations before making significant investments and also because of failure to do due diligence to determine the viability of a given investment and the associated risk. In this analysis, the discussion will discuss various business risks and inherent risks associated wit h the company failure, the prevailing legal liability and the business ethics that all people charged with top leadership should exercise. Business Risk and Inherent Risk Assessments Assessing the Business Risk of HIH Insurance Limited The business risk of HIH Insurance Ltd could be determined by looking at its business process and how decisions are made. From the company scenario, it is revealed that there is no clear decision-making process. The company did make major investments in the insurance industry by purchasing FAI Insurance, World Marines and General Insurance and Cotesworth. It did this without elaborate board members consultations. Further, the company did accept investment deals without carrying out due diligence. This possesses a very serious risk because the business was not able to identify what such moves have for the company and the long-term effect. The risk aspect was not taken seriously before making any financial decision. In simple terms, therefore, the assessment of the business risk is founded on how decisions are made (Hayes et al. 2005). Given the evidence from the company like forming the merger with Winterthur and the managing of business operations that were not open and transparent, clearly, demonstrate the business risk assessment situation for HIH Insurance Ltd. The following are the inherent risk factors affecting HIH Omission: The specific omission that amounts to the inherent risk of HIH Insurance Ltd is the authorization of the prospectus issue on the October 26th, 1998 by the Chief Executive Officer (CEO), Mr. William. The prospectus did omit some important information about the company activities which could have informed the stakeholders on the company prospectus. Fraud: This is also another inherent risk associated with the company. This is demonstrated by the case where Mr. Howard was charged with criminal misconduct. He did receive $124,000 from Mr. Brad Cooper to facilitate the payment of $737,000. Howard did authorize the payment even though it had already been discharged. This was money lost. Top management behavior: The top management also seems not to work as a team. The directors can make major decisions individually with involving the others. This is witnessed from the signing of reports by the CEO without the endorsement by the other directors. Misrepresentation: This is one of the common inherent risks in the company. The CEO used to sign statements which were not and thus misguiding the stakeholders. The director did sign misleading letters apart from signing the reports that overstated the operating profits in the period 1998/1999. The report showed $92.4 million before abnormal items and income tax. These factors if detected could have an inherent risk assessment. However, because they were committed without the notice of the other stakeholders, it is hard to stop them. This is an issue of governance and how they contribute to important matters affecting the company. The assessment of these risks will have protected the company from bad practices and mismanagement of resources. Legal Liability In Australia, the insolvency rules and other regimes high regard both the clients and the creditors during the liquidation process (ICLG, 2017). This is to say that they have a right to claim to be paid what the companies owed them during the sale proceeds. This is to say that the clients and the creditors will stand a chance of getting paid at the end. However, this depends on some factors that as raised in the case of Commissioner of Taxation v Australian Building Systems Pty Ltd (In Liquidation) [2014] FCAFC 133 8 October 2014. The defendant was liquidating while the complainant (Commissioner of Taxation) was seeking direction from the court on how the accruing taxes will be paid. From the sale of the company real estate property, it managed to get $1.2m. The plaintiff wanted to get a binding as guided by Section 254 of the Income Tax Act (1936) to have all accruing taxes paid before any other payments can be made (Meyer, 2014). The complainant wanted the liquidator to fully acco unt to the commissioner of taxes before any notice to assessment can be given. This was necessary to ensure that the Commission did get its rightful share as required by the law since the sale of the company property was a business transaction and therefore liable to paying tax. The issue in court was to determine under section 254(1) (d) of ITAA 1936 if the Commission was to be paid the full tax liable amount owed by the company before giving any priority to any creditors. The tax law requires the liquidator to be enjoined in such a case because of his or her role as a trustee. As a trustee, one serves the responsibility of making retains from business proceeds to pay the tax. Following the submissions of both parties and the application of law, the judge did issue a cautionary statement about the distribution of sale proceeds. The liquidator was required to be prudent and retain part of the proceeds to pay for some other obligations. The court also required the liquidator to retain the proceeds until the exact position of the tax liability was established. In essence, this case forms a critical background in the case regarding HIH Insurance Ltd. The case proofs that the clients and creditors can hold the liquidator liable, however, for one condition. All state obligations must be first from the capital gains. It, therefore, means that the two can be paid, if the full amount or not will depend on the balances after paying the tax (Hayes et al. 2005). The following conditions must exist for the negligence action to be held: Presence the duty to care: HIH Insurance Ltd had the duty to care both for their clients and the creditors. The company was expected to act in a reasonable manner to protect their interests. However, the company was irresponsible, and their actions were irresponsible. Breach of ones duty: Further, the company did fail to act in a reasonable manner towards its clients and creditors for not sharing with them correct information. The injury caused: The clients and creditors were injured because they were not paid for the services rendered. The existence of monetary losses: The services provided by the clients and creditors can be quantified in monetary terms. Ethics The company wanted to hire prior members of this external audit team to come and destroy the evidence of the wrongs that had been done in the company. This clearly demonstrates a failure in business ethics since there is a clear conflict of interest. The direct cannot do oversight role of themselves since they will not give factual business position (Gckler Armbrster, 2003). The following are the advantages of a company having the same firm carry out both the auditing and the consultancy services: Economies of scale: Because of the amount of work which is huge, the company can be able to bargain and get a better deal regarding cost savings. This is because costs like negotiation costs will be constant. Promoting professionalism: It is also important for the company to understand that the firm that does the auditing understands the company systems better and can give more practical recommendations (Hayes et al. 2005). This is because they have first-hand information about the business scenario and the challenges being faced. c) Circumstances provide a scenario where there no work and governance ethics. To start with, the first example gives rise to a conflict of interest (Hayes et al. 2005). This is because at one hand, the auditors are auditing company and on the other hand they play an oversight role of what they have audited. Based on the amount of money that Andersens was paid for ten years, one could be left wonder if the company got value for its money. Andersens was paid about $15 million. This figure is huge. This shows that something is wrong with the board. Further, the audit firm is only professional in audit and cannot provide other consultancy services. They only give a report to implement. d) The main subject of the report is about the independence of audit. The recommendations include: The Corporate Act to have a clause requiring the independence of auditors. In financial reports, there should always be a declaration that the independence of auditors was observed as required by the Act. The recommendations also touched on the relationship between the auditors and the clients, establish of the auditor independence board and finally, enhance audit committees to make various judgments about audit services and accruing fees (The Federal Government, 2001). Even though the recommendations are a major milestone in the corporate world, they may not have a major impact. This is because the recommendations have clearly stated what the consequences are for those partners that do not follow them. Conclusion This report has critically analyzed the concept of Business risk and inherent risk assessment with particular reference to the case of HIH Insurance Ltd. The company forms one of the major companies that have collapsed not only in Australia but globally because of the inherent risks committed by the leadership team. The inherent risks cause major shake-ups to businesses if not managed. The effects of inherent risks are dire and they affect many stakeholders including the clients and the stakeholders. These groups hold a liability case towards the liquidated company because of the pending bills. The problem of inherent risk is mainly caused by the acts of the board of governors. In general, to avoid the recurrence in the future, other recommendations alongside Ramsay Report and CLERP 9 have to be enacted. This is to send a stern warning to the perpetrators. References Gckler, J Armbrster, T 2003, Bridging uncertainty in management consulting: The mechanisms of trust and networked reputation. Organization Studies, 24(2), 269-297. Hayes, R., et al. 2005, Principles of Auditing. An Introduction to International Standards on Auditing, Prentice Hall ICLG 2017, Corporate Recovery Insolvency, June 24th, 2016, available at https://iclg.com/practice-areas/corporate-recovery-and-insolvency/corporate-recovery-and-insolvency-2016/australia Meyer, V 2014, MV's Top 5 Insolvency Cases for October 2014, November 1st, 2014. Available at https://www.meyervandenberg.com.au/property-construction/mvs-top-5-insolvency-cases-october-2014 The Federal Government, 2001, Ramsay Report recommendations into audit independence, available at https://www.johnwiley.com.au/highered/auditing/lecturer-res/current_affairs/2002-05/2002-05-2.pdf

The Model Penal Code free essay sample

The Model Penal Code was enacted to specify certain offenses. The Model Penal Code is one of the most vital improvements in American law; possibly the most important influence on American criminal law since it was completed in 1962. Conceived as a way to standardize and categorize the often fragmentary criminal codes enacted by the states; the Model Penal Code has influenced a large majority of states to change their laws. Some provisions of the Model Penal Code are now considered outdated, it still manages to help. Members of the American Law Institute, which is a group of judges, lawyers, and legal scholars whose purpose is to clarify and progress the law, began working on the Model Penal Code in 1952. The group had deserted two preceding attempts to generate a model criminal code. The third attempt took ten years, and the American Law Institute produced numerous drafts. Herbert Wechsler, a Columbia Law School professor, served as the chief reporter or principal drafter. We will write a custom essay sample on The Model Penal Code or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page From 1953 to 1962, American Law Institute council members scrutinized, judged, and debated the work of Wechsler, in a total of 31 drafts. Finally, in 1962, the Model Penal Code was accomplished and published. The impact of the Model Penal Code was immediate. For many states, the perception of codifying their criminal code was unfamiliar. Their criminal statutes were often poorly organized and did not define their crimes. The Model Penal Code arranged matters differently, organizing itself into four parts: (1) general provisions containing definitional functions and presumptive rules; (2) definitions of specific offenses; (3) provisions governing treatment and correction; and (4) provisions governing the organization of corrections departments and divisions such as the divisions responsible for parole or probation. Although the Model Penal Code has come under some criticism in recent years, some critics suggest that it may be time for revision. The Model Penal Code remains firmly ensconced as an influence in the criminal laws of more than two-thirds of the states.

Fordham Prep Sample Merit Essay - How You Can Win the First Interview

Fordham Prep Sample Merit Essay - How You Can Win the First InterviewThe Fordham Prep sample merit essay is a great choice for anyone in the competitive marketplace, and for the students that are pursuing a high school diploma. In this post, we will take a look at some of the top things to remember about this application form. This is not to say that your essays don't apply to these particular types of tests. It is just that in this case, the application requires a different approach.If you are interested in learning more about this test, then I would recommend you take a look at this site that will help you understand what the test is all about. They have an easy to use set of instructions that will get you through the process without any hassle. All you need to do is fill out the information and submit it. That's it!In this Fordham Prep sample merit essay, you will be asked to list five things that you feel are unique to you. The first part of the form has a requirement that you ca n complete, then you will be asked to write five paragraphs that describe yourself. You can submit a different example for each paragraph so that the reader can see the writing style and feel for you.Many are writing their essays to have an introduction and conclusion to the essay that will focus on their strengths, and how they learned valuable lessons in their life that lead them to become more rounded individuals. In order to do this, they will have to focus on areas of their lives that will allow them to shine as well as parts of their experiences that could have the most impact on their future. So, if you are going to apply for a job, you will want to concentrate on areas that you feel could help you make a good impression.One thing to remember is that one really important part of this form is your information. Even though your work history and GPA may have some relevance to your chosen field, many employers are looking for more than this. By submitting all of your accomplishme nts and a detailed description of your career goals, you will make sure that they know exactly what they are getting.Just remember that if you are serious about earning that award of being the valedictorian, this is the time that you need to stand out. If you haven't done anything yet, I encourage you to take some time to find a mentor that will help you develop your potential. These mentors are available online, but they usually charge a fee for their services. Another option is to visit a local university, or community college and ask for a mentor to help you with your essays.As you can see, with a full course load and your experience with high school and the SAT, you are prepared to land the job of your dreams. Now it is just a matter of applying and making sure that you give it your best shot.

How to Fill Out the Standard Application to Private School

How to Fill Out the Standard Application to Private School The Standard Application, provided by the SSAT, facilitates the process of applying to multiple private schools for grades 6 through the PG or postgraduate year by using a common application. There is a standard application online that applicants can fill out electronically. Here is a breakdown of each section of the application and how to complete it: Part One: Student Information The first section asks students information about themselves, including their educational and family background, and whether or not their family will be applying for financial aid. The application also asks if the student will require a Form I-20 or an F-1 Visa to enter the U.S. The first part of the application also asks whether the student is a legacy at the school, meaning that the student’s parents, grandparents, or other relatives attended the school. Many schools offer a relative advantage to legacies in comparison to similar non-legacy students in admissions. Part Two: The Student Questionnaire The student questionnaire asks the applicant to complete the questions on his or her own in his/her own handwriting. The section begins with a number of short questions that usually ask the student to list her present activities and her plans for future activities, as well as her hobbies, interests, and awards. The student may also be asked to write about the reading she has recently enjoyed and why she liked it. This section, though short, can allow the admissions committees to understand more about the applicant, including her interests, personality, and the subjects that excite her. There is no one right â€Å"answer† for this section, and it’s best to write honestly, as the school wants to make sure applicants are a good fit for their school. While it may be tempting for a hopeful applicant to write about her compelling interest in Homer, admissions committees can usually sense insincerity. If a student really likes ancient Greek epics, by all means, she should wri te about her interest in honest, vivid terms. However, if she is really interested in sports memoirs, it’s better for her to write about what she really reads and to build on this essay in her admissions interview. Remember that a student will also go through an interview and may be asked about what she wrote on her admissions essays. This section of the application also allows the student to add anything he or she would like the admissions committee to know. The student’s questionnaire also requires the applicant to write a 250-500 word essay on a subject such as an experience that has had an effect on the student or a person or figure the student admires. Writing the candidate statement can be difficult for students who have never completed this type of essay before, but they can write the essay over time by first starting to brainstorm about their meaningful influences and experiences and then outlining, writing, and revising their essay in stages. The writing should be produced by the student, not by the parents, as admissions committees want to understand what the student is truly like and whether the student would be a good fit for their school. Students generally do best at schools that are right for them, and the candidate statement allows students to reveal some of their interests and personalities so the school can evaluate whether the school is the right place for them. While it is again tempting for the student to try t o appear to be what the school wants, it is best for the student to write honestly about her interests and thereby find a school that’s appropriate for her. The Parent’s Statement The next section on the standard application is the parent’s statement, which asks the parent to write about the applicant’s interests, character, and ability to handle private school work. The application asks whether the student has had to repeat a year, withdraw from school, or has been put on probation or suspended, and it is best for the parent to explain the situations honestly. In addition, the more honest, though positive, a parent is about a student, the better chance the student will have to find a school that’s a good fit. Teacher Recommendations The application concludes with forms filled out by the applicant’s school, including a recommendation by a school head or principal, an English teacher recommendation, a math teacher recommendation, and an academic records form. The parents sign a release and then give these forms to the school for completion.

HRM and leadership 2 Essay Example | Topics and Well Written Essays - 3000 words

HRM and leadership 2 - Essay Example The management of its human resources can be considered to be so well done that its employees in certain countries have tended to side with this corporation whenever any move was made by both the various individuals or rival companies to disrupt its operations (Malone & Roberts, 1996). While in many cases, the process of globalization alongside the liberal economic policies which have come with it and have come to be accepted in many countries have worked towards weakening the strong foundation upon which many trade unions have been built, this has not been the case with those unions that are related to General Motors. One would take the trade unions of Britain and Germany as examples of just how efficient the human resource management of General Motors has become. Despite the fact that the internationalization of the car industry has intensified the economic competition among the various carmakers in the world, General Motors has not had to encounter any of the frictions that other companies in similar business have had to encounter with their trade unions In most cases, the liberal policies that have been adopted by various governments because of globalization have tended to work more in favour of the employers than the workers do. These policies advocate for the flexibility of the labour market and this has meant that the labour market, especially in the automobile industry, has been deregulated and that automakers have been empowered in areas the hiring of workers, their firing, the choice of how much to pay them, as well as the choice of the use of labour (Heffelfinger, 2009). As a result of this, informal employment and other cheap forms of labour have become prevalent because automakers prefer them not only for the cheapness of wages paid to them, but also for the fact that they do not have to cover them in such matters as insurance and safety. This has made it very difficult for trade unions to be able to organize workers into a powerful force because m any of these informally employed people are not members of unions. This has not been the case with General Motors and this is because of the fact that this corporation has chosen to adopt a stand where it cares for all of its employees on a global level, so that many of those who work for it tend to be secure in their jobs, hence being more productive (Brondo & Baba, 2010). The management of General Motors has ensured that it provides the necessary leadership to its employees in matters pertaining to their employment so that the latter have come to appreciate their working conditions as well as feeling secure in their employment, especially in the current world of economic uncertainties. Fair Working Environment The swift change in the development of equipment as well as the globalization of the economy has led to the acceleration of structural adjustment. With the division of labour on the international scene, some of the companies in the automobile industry of developed countries have opted to shift those operations that they consider labour intensive to other countries, such as China and India, where there is cheaper labour. This has led many of their employees in their home countries to lose their jobs and this may account, to some extent, to the high job cuts in the automobile industry in the western countries (Dietrich & Krafft, 2011). This has not bee

Business Strategy term project Essay Example | Topics and Well Written Essays - 5500 words

Business Strategy term project - Essay Example Agilent Technologies is a leading manufacturer of measurement devices in a variety of industries. It was formed through an IPO (initial public offering) from a spin-off of Hewlett Packard in 1999. The company website states the following about the company: "Agilent Technologies, a spin-off of Hewlett-Packard Company, broke records on Nov. 18, 1999 as the largest initial public offering (IPO) in Silicon Valley history. The US $2.1 billion raised from that IPO was a sharp contrast to the $538 in working capital that founders Bill Hewlett and Dave Packard began with in 1938. From a small garage in Palo Alto, California, to employees around the world serving customers in 110 countries It is located in room 5022, just off the Santa Clara Campus's main lobby at 5301 Stevens Creek Blvd. in Santa Clara, Calif..(Agilent,2007).The company's corporate brochure describes itself as: " When measurement matters, engineers, scientists, manufacturers, businesses, researchers, and government agencies rely on Agilent tools and solutions. ... No other company offers the breadth and depth of measurement tools and expertise to meet the world's critical requirements for electronic and bio-analytical measurement".(Corporate Brochure,2007) The 1934 setup company launched its first product after a good amount of R&D as the company's website states, "Bill Hewlett's study of negative feedback results in Hewlett-Packard's first product-the resistance-capacity audio oscillator (HP200A), an electronic instrument used to test sound equipment. The oscillator uses an incandescent bulb as part of its wiring scheme to provide variable resistance, a breakthrough in stability in oscillator design. The principle of feedback provides the foundation for other early HP products such as a harmonic wave analyzer and several distortion analyzers". (Agilent, 2007) In 1943 ,as the company's website states, "Company enters the microwave field with signal generators developed for the Naval Research Laboratory and a radar-jamming device. A complete line of microwave test products follows World War II, and the company becomes the acknowledged leader in signal generators". 2. Identification of the industry and competitorsAgilent has been operating in multiple industries as its website clearly states that, " Agilent has a long history of innovation and leadership in the communications, electronics, semiconductor, test and measurement, life sciences and chemical analysis industries".(Agilent,2007) The Major Competitors for Agilent Technologies are reproduced from Agilent Technologies Fact Book 2007 as under : Source :Agilent Technologies Fact Book, October 2007 Agilent began with measuring instruments way back in 1938 and developed this area as field of