Term Paper on "Intel Corporation Budget"
Term Paper 5 pages (1256 words) Sources: 1+
[EXCERPT] . . . .
Intel Corporation BudgetAssessment of the Intel Corporation's Budget
The Intel Corporation celebrates four decades of successful operations this year. The company activates in the semiconductors industry and it is its undisputable leader. Since the organization is a private one, their detailed budgets are withheld from the public; however, the reader can form an opinion by studying the available materials.
Company Description
The Intel Corporation was founded in 1968 and it is currently headquartered in Santa Clara, California. The organization operates in the semiconductors industry and it is the undisputed international leader of the industry. However they produce various items, such as mother boards, memory sticks, chipsets or Bluetooth applications, the primary item is the microprocessor, most commonly found in the personal computers. The company is focused on developing high quality items that integrate the latest technological advancements. "Intel Corporation is a semiconductor chipmaker, supplying advanced technology solutions for the computing and communications industries" (CBR, 2008).
In conducting operations, the organization emphasizes on three major players, all of which are vital to achieving corporate success. These parties are the Intel employees, the Intel shareholders and finally, the Intel customers. The company's mission is to "delight our customers, employees, and shareholders by relentlessly delivering the platform and technology advancements that become essential to the way we work and live. (Their values are) customer orientation, results orientation, risk taking, great place to work
download full paper ⤓
3. Intel Employees
In December 2005, the total number of Intel employees was estimated at around 99,000 individuals worldwide. By December 2006, the numbers had fallen to 94,100 employees, to further decrease to 86,300 employees in December 2007. Out of these, more than 50% are located within the United States. The reduction in staff members was due to a restructuring plan that was aimed at reducing costs. The restructuring plan took three years to finalize and in 2006, the company had registered $555,000,000 with employee severance and benefit arrangements; in 2007, the numbers had decreased to $516,000,000. The estimated gain from the restructuring plan is of $1 billion, and the company has begun to feel the savings since the third quarter of fiscal year ended in December 2006 (Intel 2007 Annual Report).
However the wages and bonuses offered to Intel employees are generally confidential, the website for career information Vault, managed to retrieve some information on the salaries at Intel. In this order of ideas, the list below contains the position occupied and the base wage realized per annum:
Senior design engineer - $84,000
Project manager - $100,000
System engineer - $85,370
Finance intern - $44,600
Business analyst - $60,000
Maintenance technician - $79,000
Component design engineer - $58,000
Process engineer - $72,000
Software engineer - $90,000
Research scientist - $100,000
Design researcher - $72,000
Marketing manager - $110,000 (Vault, 2008)
The company officials have understood the need to be a competitive employer and to maintain this status, they offer various incentives and benefits, a primary one being the ability to purchase corporate stocks (at a price 15% lower than the traded value). As of 2007, 75% of the Intel employees were stock owners and the value of the shares was of $428 million; $38 million were withheld by the company for adherent tax payment (Intel 2007 Annual Report). This strategy increases employee motivation but also ensures the employer of the staff's high efforts.
4. Intel Budget
As of December 2007, Intel's sales revenues had grown to $38,334 million, with the exception of 2006, revealing an ascendant trend. The financial highlights of the past five years are presented below:
Source: Intel… READ MORE
Quoted Instructions for "Intel Corporation Budget" Assignment:
“Please include the intel company's development, their type of budget, sequence of budget, expenditure side, political side, process od handling societal needs. Also, include a detailed evaluation, negative and positive rationales. Add positive and negative aspects to the company's budget processes. Show salaries form entry level to the top positions along with their education work/skill requirements. Add on a separate page a pie chart and bar graph to show its growth potential. Include information on investment potential in this company. Show or include an unofficial copy of the Intel company budget. Include some history of the company along with its founder and its net and potential worth. Add in information on the downfalls of this company. How people do they employ.
How to Reference "Intel Corporation Budget" Term Paper in a Bibliography
“Intel Corporation Budget.” A1-TermPaper.com, 2008, https://www.a1-termpaper.com/topics/essay/intel-corporation-budget-assessment/7819978. Accessed 29 Sep 2024.
Related Term Papers:
Ethics Policies on 3 Companies Term Paper
Ethics Policies on 3 companies.
Ethics Policies
Memo of transmittal
Ethics policies within companies
Microsoft Corporation
Nokia
Intel Corporation
Memo of transmittal
The current ethics policies are the outcome of… read more
Term Paper 8 pages (2159 words) Sources: 5 Style: APA Topic: Ethics / Morality
Amd Financial Statements Advanced Micro Devices, (Amd) Essay
AMD Financial Statements
Advanced Micro Devices, (AMD) a "40-year innovator" (AMD Annual Report. 2009) in the highly competitive global semiconductor industry, has remained resilient because of their charged focus on… read more
Essay 3 pages (1263 words) Sources: 3 Topic: Business / Corporations / E-commerce
Profit Pools: A Fresh Look at Strategy Essay
Profit Pools: A Fresh Look at Strategy
In the Harvard Business Review article, Profit Pools: A Fresh Look at Strategy (Gadiesh, Gilbert, 1998) the authors provide a series of examples… read more
Essay 5 pages (1670 words) Sources: 1 Topic: Business / Corporations / E-commerce
Industry Analysis the Electronics Industry Has Developed Term Paper
Industry Analysis
The electronics industry has developed an interdependent relationship with the surrounding environment in the meaning that when change affects the environment, this change is also reflected in the… read more
Term Paper 6 pages (1827 words) Sources: 7 Style: MLA Topic: Business / Corporations / E-commerce
Blackboard, Inc. Marketing Plan Term Paper
Blackboard Inc. marketing plan
Blackboard Inc. is a software company focused on delivering high quality products that satisfy a wide array of customers. Their products and services mainly target students,… read more
Term Paper 18 pages (4520 words) Sources: 3 Topic: Business / Corporations / E-commerce
Sun, Sep 29, 2024
If you don't see the paper you need, we will write it for you!
We can write a new, 100% unique paper!