Qualcomm, Inc Research Paper Example | Topics and Well Written Essays - 1000 words

Qualcomm, Inc - Research Paper Example This was the beginning of the exponential growth of the company. The company nowadays has extensive portfolio not just in the United States of America, but the company has over 195 patent agreements around the world. This makes Qualcomm the best and the largest company in the communication sector. The company has also been very active in the growth of 3G and other wireless communication developments. Among various other development, company has developed several modern technologies in the industry including CDMA technology, 3G technology and QUALCOMM Enterprises Services (QES). QUALCOMM is also helping the governments around the world in setting up effective communication solutions. QUALCOMM has also started QUALCOMM licensing service though which the every new development that QUALCOMM makes is licensed to companies around the world so that this development is not concentrated to just one part of the world, but it spreads throughout the world evenly. (Qualcomm’s Official Webs ite, 2011) Qualcomm is threatened quite badly by the large amount of lawsuits that were filed against the company. Everyone these days seem to file lawsuits against the company. From the handset makers to cellular networks, everyone has given its own share of problems to the communication industry giant, QUALCOMM. These lawsuits range from antitrust law violations to licensing agreement. All of this could have created a mess if it was not QUALCOMM. It is one company that is spending huge sum on its team of defense attorneys. Hence, the company can fight it out by having out-of-the-court deals with the companies who have filed these lawsuits or else they can go with them hard in the court of law. In any case, QUALCOMM does not have too much to worry about and this problem is going to be handled more than effectively by the team of lawyers that are on QUALCOMM’s payroll. This problem also stemmed from the sharp growth of the communication industry in the last decade. This irreg ular resulted in a lot of problems and lawsuits for QUALCOMM. However, QUALCOMM is in a great position to come out of this problem as they have a great team of attorney to defend the company’s position. (Sidener, 2009) Another problem with QUALCOMM is its declining margin. In the latest quarter ending June 26 2011, QUALCOMM operating profit margin was 30 percent. This was a decline of 3 percent from the quarter previous year. This shows that operating expenses of QUALCOMM are rising faster than its revenues. This has caused the problem of declining QUALCOMM’s profitability. The scrutiny of financial statements reveals that this decline in profitability is a result of increasing cost of equipment and servicing costs. QUALCOMM can improve its position by moving towards more efficient operations. They should try to reduce the costs by as much as possible and should try to increase their revenues. This can be done by increasing the cost control methods and hiring operation managers at each cost centre. They should inspect the factors that are leading to wastage and should try to eliminate them so that the next quarter’s financial statements are more profitable and more ostentatious. (Qualcomm’s Income Statement, 2011) QUALCOMM operates in an industry and is facing high level of competition. It is reported that there are around 21 companies that provide competition to QUALCOMM directly or indirectly. This is

Risk Assessment Report Assignment Example | Topics and Well Written Essays - 1000 words

Risk Assessment Report - Assignment Example (2010). This assessment report discusses some of the risks and vulnerabilities associated with Transportation security Administration (TSA), the nature of the risks as well as their potential mitigations. One of the main risks that are currently facing TSA is the vulnerability of the organizations resource allocation process. This is particularly because TSA an agency has not been providing proper documentation that indicates how they develop their budget justifications based on risk analysis to justify or prioritize activities. For example, although the current assessment activities at TSA have independently addressed various individual risk components such as vulnerabilities and threats, they have failed to combine the main components of risk and develop a readable risk assessment as always required by the NIPP. Generally NIPP requires that credible risk assessments in organizations should not only be documented but must also include the three main components of risks so that they can effectively be used to support the processes of resource prioritization, planning and risk assessment at the national level. Another potential risk facing Transportation security administration (TSA) is the insider activities that may compromise the security of the agency’s sensitive information and data. This is attributed to the fact the TSA often depends on sensitive information regarding transport and security to meet some of its objectives. As an organization charged with the duty of providing effective and efficient security for passengers and freight transportation, TSA has its own predicament concerning goods and passengers security. Unsecured website has been a damning discovery on the company as clients personal information is exposed to identity theft. In December 2009, an employee working with the TSA posted a sensitive manual titled screening management SOP on confidential airport showing plan to a URL on the FedBizOpps website. This manual was first exposed but taken down though the breach raised eyebrows with questions arising on the security practices being compromised. Five TSA employees were thus placed on forced leave over the scandal. According to many analysts, another critical risk that of the organization faces is risk of destruction of its infrastructure and air craft hijacking. Destruction of the airline and rail infrastructure is a risk as such distraction from by vandalizes and terrorists can result to major loss and paralyze the whole transport sector. Hijacking of either highway motorists or aircraft on the other hand by terrorists or other criminals poses a major risk. This does only result to the loss of life but also a major economic loss. Another risk is that of highway hijackings as well as threat to security of the public (Hutto, 2009). Generally such risks often involves outcome of a given cause that has a likelihood of resulting to destruction. Transportation Security Administration is one of such agency that is charged with the responsibility of ensuring security of the travelling public. By virtue of its operations is likely to be affected negatively by any risk.