HRM 1101 Lecture Notes - Lecture 1: Procter & Gamble, Foxnet, Honors Student
2 May 2018
School
Department
Course
Professor
Business Media
• Newspapers:
• Wall Street Journal, New York Times (business section), Financial Times
• Magazines:
• Fortune, Business Week, Fast Company, Forbes, Economist
• TV and Online:
• Local news, MSNBC, NPR, CNBC, Fox Business, WSJ Online, CNN Money
Internships
• Ma eploers use iterships to test drie studets – a pipeline to permanent
employment after graduation
• You a use a itership to test drie our ajor, a idustr, a opa…leerage
your achievements as an Honors student
• Almost all offered via FoxNet are paid - usually $10-20 per hour (some are higher)
• Usually 8 – 10 weeks long
• Mostly during the summer, but many during the school year – check FoxNet
Sectors
• Public Sector
• Government organizations on any level (state, local, regional, national)
• Private Sector
• Public & private corporations, banks, non-profits, etc.
• Academic Sector (educational institutions)
• Schools, colleges, universities
• ALSO
• NGOs (non-government organizations)
• Generally global, belonging to no country
• International Red Cross, CARE, Amnesty International
Public vs Private Companies
• Public
o Can raise capital with stock offerings and bonds
o Can offer stock and stock options to management as compensation
o Goal: to enrich shareholders via dividends and value of stock
o Public disclosure of performance and financials (10K and annual report)
o Regulations and regulators - such as Sarbannes-Oxley
o Eaple: GE, Dell, Protor & Gale, MDoald’s, et.
• Private
o Stock is owned by a few (often family); sometimes offered to employees - NOT
publicly traded
o Not required to disclose much, if any, financial information to the public
o Many regulations do NOT apply, such as Sarbannes-Oxley
o Examples: Wawa, Aramark, Enterprise, Dell, PwC, Ernst & Young, Cargill, Mars,
etc.
• For Profit v. Non-Profit
o For Profit
find more resources at oneclass.com
find more resources at oneclass.com
