Together the companies have become a force to be reckoned and although HP has experienced some of its own problems recently, these problems have been internal issues that have not really affected the company's performance as it relates to profits.
Future of Dell / possible solutions
It seems that the problems at Dell have come in rapid succession; perhaps these issues can be overcome and perhaps they can not. The ability to overcome these problems will play a significant role in the ability of the company to be successful in the future. The primary thing that the company has to evaluate is the safety and the dexterity of the products that it sells. The company can not afford to cut corners as it relates to the development and manufacturing of the machines that it sells. This means that the company needs to be certain that what is being produced is safe for public use even if it means that there has to be a slight increase in the cost.
In addition the company has to ensure that the accounting methods that are being used are not misleading to the public or to shareholders. Many companies have been found to alter financial statements to make it appear that the company is performing better than it really is and this has led to the downfall of many large multi-billion dollar corporations. If this is the case with Dell, it may mean the end of the company.
As it relates to customer service and competition, the company needs to pay more attention to the manner in which customers are treated and not underestimate the strength of its competitors. The company must et back to a foundation of putting the customer first. As it relates to the competition, there isn't that much that can be done. Many of Dell's closest competitors have developed similar approaches to business wherein they sell to customers directly but competitors also maintain a presence in popular brick and mortar stores such as Wal-Mart, Circuit City and Best Buy. In some ways this gives competitors an advantage because some customers enjoy building their own PC's online, while others enjoy having the ability to touch and tryout a machine in a store before they actually make a purchase.
How's Dell affecting U.S. financial market (present)
Currently the situation at Dell is not a positive thing for the economy. A scandal such as the one that Dell is experiencing affects the confidence of investors. Investors begin to question whether or not investing in a company is worth the risk of being lied to and the stock not actually being worth anything. This often causes people to place there money in safer investments and as such their can be a negative effect on the stock market.
It is critical for public corporations to have the support of investors in order to operate. When Dell and other companies conduct their business affairs in ways that are unsavory, it can affect businesses that are operating in a manner that is legitimate. With this being understood Dell has a responsibility to report things accurately, even if it does mean that the company may have to suffer certain consequences in the short run.
Overall the problems at Dell do not seem to have this effect on the overall financial market at this time. However, it may affect, in some ways, investor confidence in technology companies. With this being understood that particular segment of the market may feel some effect as a result of the problems at Dell.
If Dell goes bankrupt, effects on U.S. economy
It is unclear whether or not Dell is in enough financial trouble to file for bankruptcy. After all, the company has only had serious problems for the last few quarters. However there is always a chance that a bankruptcy could occur that could impact the American economy.
If for instance the SEC finds that Dell was dishonest in its accounting practices and this along with slow sales, forces the company into bankruptcy there could be some serious effects on the economy in the United States. According to Dell's official website, the company employs thousands of Americans and as such the unemployment rate in certain states would definitely increase.
Such a bankruptcy could also have a serious effect on the consumer confidence. This impact would be present because Dell has been a trusted brand for many years and people may be reluctant to purchase products from any computer company, fearing that other companies are also acting in ways that are dishonest.
As it relates to supply and demand, it is unclear whether or not HP, Apple and other computer companies will be able to handle the demand in the absence Dell being in the market. It seems that the demand for computers has leveled out and people are keeping their computers longer because technology is not changing as rapidly as it once was.
Merger...
business2community.com/social-media/2012s-ten-worst-social-media-Disaster-0370309 Using contemporary illustrative examples from academic literature and reputable business publications, discuss the concept of "Social Business" and the resultant opportunity and challenges that are currently being faced by the retail industry globally. Concept of Social Business Concept of Social Business with Retailers Social Media and Retailing Best Practices in Administering Social Media There is a growing body of research that confirms that companies of all sizes and types can realize a wide array
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