Oracle Systems Corporation Essay

Words: 1285
Pages: 6
Open Document
A Case Study:
Oracle Systems Corporation

EXECUTIVE SUMMARY

In 1977, Lawrence J. Ellison founded System Development Laboratories to sell a database management system he had developed in a CIA project. It was only in 1982 that the company was renamed to Oracle Systems Corporation, to reflect the success of their first product, Oracle Database. Oracle used the C programming language to create its products, which was a big part of its success since this allowed Oracle software to run on various platforms and eventually became the industry standard.

Oracle achieved highly impressive growth throughout its early years, almost always doubling their …show more content…
Because of this, the company must revise its financial management and accounting procedures and comply to accepted standards. This is also relevant to the reporting of bad debts expense as there exists illogical/suspicious discrepancies in the relationship of bad debts to the level of accounts receivables.

3. The current sales quota system has been identified as one of the causes for Oracle’s rapid revenue growth. Although the revenue growth is considered as beneficial in the short-run, the long-term sustainability of the company is being compromised. The company must consider a reevaluation of its corporate strategies and its revenue/sales-based compensation system which it currently taking its toll on sustainable growth and employee welfare.

FINAL PROPOSAL

Given the analysis gathered by the team and the recommendations it has given, we ultimately propose that Oracle should change some of its accounting standards especially in recognizing revenue and its account receivables standards. Due to Ellison’s desire to grow the company and make more profit, actions considered unethical or at least doubtful were applied to increase revenue such as recognizing sale transactions early like even if the transaction has not been completely finalized,
Show More

Related Documents: Oracle Systems Corporation Essay

Sinosteel Strengthens Business Management with Erp Applications Essay

Q1. What is the business of Sinosteel, what are its major challenges, and how would an ERP system address the challenges they face? Sinosteel is a company that is in charge of producing and processing metallurgical mineral resources, trading and logistics raw materials and products, and it is also related engineering technical service and equipment manufacture. The company is decentralized (it has many subsidiaries), while its business is expanding all around the world. It has core business…

Words 940 - Pages 4

Essay Oracle SM

Hao-Yun, Chang Emily Choi Strategic Management 11/20/13 Executive Summary Oracle Corporation, a leading producer of software and hardware for enterprises and individuals, is consider to be one of the most successful providers of IT services and products. Currently, Oracle is transforming its IT products by shifting from complex, sophisticated forms to much simpler methods of engineering hardware and software. By reducing the complexity and introducing simplicity to IT, the firm allows its 400,000…

Words 4610 - Pages 19

Nt1330 Unit 3

Linux operating system. Google Public uses Goobuntu because it uses private software instead of public software which makes it a more reliable Google platform. 2. File and Print Servers a. Red Hat is the name of the company that use Linux. Red Hat Enterprise Linux is the file server that can be that used with Samba file services. Red Hat Enterprise Linux is used because it has been proven to be a more reliable and stable file and print server. 3. Application Servers a. Oracle Corporation is the name…

Words 442 - Pages 2

Essay about Oracle Corporation vs Ford Breakdown

Oracle Corporation (ORCL) Oracle Corporation is a multi-national computer technology company located in Redwood, California which specializes in the development and marketing of computer hardware systems and enterprise software products. For the fiscal year of 2013 Oracle has posted solid numbers with revenues of 37.18 Billion with assets of 81.81 Billion dollars half of which is financed by debt. In general the company has shown to be strong and stable based upon the previous two years financials…

Words 953 - Pages 4

Essay on Storage Optimization

An Oracle White Paper May 2011 Optimizing Storage in SAP with Oracle Database 11g Release 2 Optimizing Storage in SAP with Oracle Database 11g Release 2 Introduction ........................................................................................ 1 Optimizing Storage in SAP with Oracle Database 11g Release 2 ..... 2 Storage Efficiency .......................................................................... 2 Index Compression and Bitmap Indexes ...............................…

Words 4076 - Pages 17

ORACLE BUSINESS INTELLIGENCE ENTERPRISE EDITION 11g Essay

ORACLE DATA SHEET ORACLE BUSINESS INTELLIGENCE ENTERPRISE EDITION 11g KEY FEATURES  Easy to use ad hoc query and analysis  Comprehensive suite of data visualizations  Pixel perfect enterprise reporting  Highly scalable multidimensional OLAP server  Powerful geospatial mapping and visualization  Ability to act on insight by invoking Oracle Business Intelligence Enterprise Edition 11g (OBIEE) is an unmatched and comprehensive business intelligence and analytics platform that delivers a full…

Words 1598 - Pages 7

Nt1330 Unit 3 Assignment 1

Before I start the documentation of the project, I will make an assumption, that the project is based on a company with over five hundred employees and a range of products over one thousand. Security and Performance – issues and solutions Security, not just in SQL but in any computer language, refers to protecting the data stored in the database. This data contain a lot of information about the products, suppliers, employees, customers, such as personal data, payment methods – credit/debit cards…

Words 1714 - Pages 7

Database: Sql and Sql Standard Essay

ISO standard, and is the de facto database query language. A variety of established database products support SQL, including products from Oracle and Microsoft SQL Server. It is widely used in both industry and academia, often for enormous, complex datbases. (Base, 2013).SQL was developed in the 1970’s by IBM to initially manipulate and retrieve data in IBM system R. The SQL language was standardized in 1986 by the American National Standards Institute (ANSI); however, later releases were released as…

Words 804 - Pages 4

Motivation: Supply Chain Management and Past Work History Essay

competitor of KL, where she began as a data analyst and worked her way up to the role of Chief Technical Skills (if appropriate) SAP certified consultant , Oracle Networking: Windows XP and Cisco eCommerce and Marketing Web development Novel .NET Proficient in Microsoft Applications Intrusion Detection, URL Filtering, Firewall and System Monitoring Role at KL Ms. Kelly Barnes runs KL’s Information Technology Services (ITS) unit. She drives the acquisition of KL’s IT to enable its global business…

Words 1136 - Pages 5

Essay Learning Reflection

areas include: • • • • • • • • • • • • • • Microprocessor and Microcontroller Systems, Assembly Language Programming, Coding, Cryptography and Information Protection, Distributed Computing, Computer Vision and Pattern Recognition, Computer Graphics and Multimedia Applications, Internet Computing and Wireless Networks, Computer Architecture and Embedded Digital Systems Design, Network Security and Privacy, Real Time Systems, VLSI, VHDL and Application Specific Integration Chip (ASICS) design, Computer…

Words 658 - Pages 3