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Essay / Ernst and Young - 2394
I. IntroductionA. About the Company:Ernst & Young is a global leader in assurance, tax, transactions and advisory services. The company is headquartered in London, United Kingdom, and has 709 offices in 140 countries, including more than 70 in the United States. It employs 152,000 people worldwide. Global revenue in 2011 was $22.9 billion. Ernst & Young was founded in 1989 through the merger of Ernst & Whinney and Arthur Young & Co. The company's roots date back to 1849. To ensure efficiency, they organized their legal entities into 29 business units of similar size, called regions, in terms of staff and revenue. These regions, which are intentionally not all single countries, are grouped into four geographic zones: •Americas •Asia-Pacific •Europe, Middle East, India and Africa •Japan This structure is streamlined – it allows them to make decisions quickly and ensure they execute their strategy and provide exceptional customer service wherever their customers do business in the world. The Global Executive is their highest governing body and focuses on strategy, execution and operations. Its members bring together all elements of their global organization, including the leaders of their geographies and service lines.B. Operation – Strategy Execution: Ernst and Young, as a company, is dedicated to carrying out its work to build a better working society. They believe that there are many good things happening in a better world, such as trust between businesses increasing, which leads to more money flowing, thereby increasing the responsibility of investors to be aware information before making decisions. Thanks to the investments made by investors, companies are better placed...... middle of paper ......Start-up organization. Business Fundamentals. Accessed December 8, 2013, from http://cnx.org/content/m35512/latest/?collection=col11227/latestStories About building a better world. (nd). Stories about building a better world. Retrieved December 8, 2013 from http://betterworkingworldstories.ey.com/#/14The role of the board: unlocking potential. (nd). (DRAFT). Retrieved December 8, 2013 from http://www.ey.com/US/en/Services/Strategic-Growth-Markets/Strategic-Growth-Forum-Agenda-EVTD-USDD-97KR7Z?CMPNID=SGF2013_US_Insights_Audit_Committee_Track1_Board_RecapWhy Capital Matters - Five ways to create competitive advantage - EY - Global. (nd). Why Capital Matters - Five Ways to Create a Competitive Advantage - EY - International. Retrieved December 8, 2013 from http://www.ey.com/GL/en/Services/Transactions/What-capital-matters---Five-ways-to-build-competitive-advantage