Assignment 1 Example | Topics and Well Written Essays - 500 words - 1

1 - Assignment Example Dell states, in their SEC Form 10-K, that their business strategy â€Å"combines its direct customer mood with a highly efficient manufacturing and supply chain management organization and an emphasis on standard-based technologies. This strategy enables Dell to provide customers with superior value; high-quality, relevant technology; customized systems; superior service and support; and products and services that are easy to buy and use.† From just looking at the business strategy it shows that Dell, Inc. is a business which thrives off customer intimacy with the ability to make the right product for the customer, and the customer alone. As with any company there are risks that will threaten their ability to appease their stockholders. Some of these risks include: drops in the economy which affect net revenue; drop in international sales; infrastructure failures; loss of government contracts; wars, terrorism, natural disasters, and public health scares. There are controls out there for every one of these situations. Keeping prices reasonable here and overseas will make sure that even a dip in the global economy will not affect the sales too terribly bad. Furthermore, evaluations of personnel, equipment, and property will also ensure that there are no infrastructure failures. For government contracts, keep your bids a little lower than the competitors, this will also help out when wars, terrorism, natural disasters, and public health scares threaten profits. The SOX Act of 2002 definitely affects every major corporation basically stating that everybody on the board is held accountable with the CEO, Chairman of the Board signing off on the finalized SEC 10-K Forms each year. This affects the disclosures by telling Dell that they must report accurately since a third party will audit the records to see if they are off. Furthermore, it affects the disclosures by making sure that Dell keeps everything on the