SUBMITTED TO: - RAJIB MUSTOFA GORE-TEX Gore-Tex is a multinational textile company. It was first founded by Bill and Vieve Gore as W.L. Gore & Associates in 1958. The company started with serving the electronic products market. In 1969‚ Bob Gore independently discovered expanded polytetrafluoroethylene and introduced in the market as Gore-Tex. In today’s date Gore-Tex is more focused on electronics‚ fabrics‚ industrial and medical products. It is
Premium Management Leadership
Case 4: W.L. Gore & Associates: Developing global teams to meet 21st century challenges. 1. What impress you about this company? Is it well managed- why or why not? * The company has been successful grow from small home operations to massive operations and still has the same culture as in the beginning. * The company has a good record of growth and therefore should also have good profits. * The company operates outside the traditional structure like the mission statement‚ a code
Premium Decision making Decision theory Decision making software
W. L. Gore and Associates CONTENTS 1. What are the distinctive features of W.L Gore’s organization and management? On which principles is it based? 2. What are the advantages and disadvantages of W.L. Gore’s approach to organization and management of the company? 3. To what extent is the W.L. Gore approach to organization and management transferrable to other companies? And‚ if it is‚ to what types of company? 4. Would you like
Premium Management Structure Hierarchy
Gore-Tex Case Study 1) Explain what happened to the Gore-Tex brand after the patent expired. What activity can firms use to try to maintain any advantage developed during the patent protection phase? When a patent expires‚ generally around 20 years after the original filing; the inventor no longer has the exclusive rights to his or her invention thereby opening up the said patent to everyone to use. At this point other companies can offer comparative products at reduced prices. Gore-Tex was
Premium Invention Printed circuit board Patent
management style match what business schools tell you about “how to manage”? What is impressive about the company is the level of innovation and the management style. Gore & Associates is technology oriented and is based on continuous innovation. An innovative company needs engaged workers and the knowledge employees need autonomy to be engaged. Gore & Associates took it to the extreme point since everyone in the company has freedom to choose what they want to spend their time on. There are no direct bosses
Premium Corporation Gore-Tex
1.Explain what happened to the Gore-Tex brand after the patent expired When the patent expires the inventor has no longer exclusive rights to her or hers invention opening it up to everyone. At this point other companies can offer competitive products at reduced prices. It seems that Gore-Tex was smart enough to take advantage of their own patent and expand the product line to include other products using the same technology. 2.What activity can firms use to try to maintain any advantage developed
Free Invention Patent Innovation
Nobel Prize "The said interest shall be divided into five equal parts‚ which shall be apportioned as follows: /- - -/ one part to the person who shall have made the most important discovery or invention within the field of physics ..."(Alfred Nobel). The Nobel Prize was created by a Mr. Alfred Nobel who had accumulated much wealth throughout his life (mostly due to his invention and production of dynamite) and loved learning in all fields. Following his death much of his wealth was put towards
Premium Nobel Prize Light
Alfred Nobel Alfred Bernhard Nobel (1833-1896)‚ Swedish inventor and philanthropist‚ was a man of many contrasts. He was a son of a bankrupt‚ but became a millionaire; a scientist with a love of literature. He made a large fortune but lived a simple life. He was cheerful in company‚ and often sad in private. A lover of mankind‚ he never had a wife or family to love him‚ a patriotic son of his native land‚ he died alone on foreign soil. He discovered a new explosive‚ dynamite‚ to improve the
Premium Sweden Invention Nobel Prize
NOBEL FOR LEMONS * Priya Saxena George A. Akerlof received the Sveriges Riksbank Prize in Economic Sciences in 2001 along with Michael Spence and Joseph Stiglitz for his celebrated work ’The Market for Lemons ’ (1971) which talks about the implications of the asymmetrical information in the markets where uncertainty is involved. ’Market for Lemons ’ was written during the time when the then prevailing economic theories were undergoing certain transitions. It was a result of an attempt
Premium Economics Information asymmetry George Akerlof
“Gore” Short story analysis 4. Amy- Is a major character because she is telling the story and most of the story is about her. The term major character means; a character that plays an important part of the story‚ someone who is part of the plot. When she is explaining her knocking over things and having the silence is her being major. She’s a round character because you get to see all sides of her. Round is a character in fiction whose personality‚ background‚ motives‚ and other features are fully
Premium Fiction Character