Decision JHT2 Strategic Management TASK3 A1. Evaluate the industry environment for your company by doing the following: Dominant economic features JoPat Auto Repair service Inc. is a business that specializes in auto repair and maintenance in the Houston Katy area. They offer competitive rates, use original equipment parts, and specialize in both domestic and foreign vehicles. They perform state emission inspections, sell batteries, and install tires. They strictly adhere to factory maintenance schedules.
Crystal Choy Mktg 129 Spring 2015 Case Analysis #1 Autobytel.com Class Analysis The traditional car buying process is that customers will go into a dealership and then the car salesperson and the buyer would be negotiating face-to-face when it comes to purchasing a car. Autobytel took a different approach when it came to selling cars compared to the traditional buying process by offering a website where potential consumers would shop for the automobile online. What is different about this website is that consumers are able to access information about the cars and the prices compared to all the dealerships around the area. Autobytel.com used to be the top of the online referral business in the market. This website was the first online service provided for buyers to shop for cars online so that they do not have to deal with the problems and hassles that arises that traditional buyers would usually deal with when they are at the dealership.
JHT2 Strategic Management TASK3 A1. Evaluate the industry environment for your company by doing the following: Dominant economic features JoPat Auto Repair service Inc. is a business that specializes in auto repair and maintenance in the Houston Katy area. They offer competitive rates, use original equipment parts, and specialize in both domestic and foreign vehicles. They perform state emission inspections, sell batteries, and install tires. They strictly adhere to factory maintenance schedules.
My husband and I own two businesses and with these businesses we need dealer plates. One of the businesses is repossession . The other is a mechanic shop, where we fix used cars that we get at an auction and sell them. Before we can sell them; we have to test drive. This is where the dealer plates come in handy.
Sears took advantage of this by publishing his catalog with clearly stated prices, so that consumers could know what he was selling and at what price, and order and obtain them conveniently. The catalog business grew quickly. The first Sears catalog was published in 1888. By 1894, the Sears catalog had grown to 322 pages, featuring sewing machines, bicycles, sporting goods, automobiles (produced from 1905–1915 by Lincoln Motor Car Works of Chicago, not related to the current Ford Motor Company brand of the same name)[3] and a host of other new items. Organizing the company so it could handle orders on an economical and efficient basis, Chicago clothing manufacturer Julius Rosenwald became a part-owner in 1895.
Sears assumption was right that the customers would order the watches through the mail. I feel that Sears had made a great assumption. His business grew from ordering mailed watches to catalogs and orders to a store that you are able to go into and shop as well. It makes it a conventions for the customers who want to go shopping to be able to go out and shop while the ones who do not prefer to go out to be able to look through catalogs and order or even if they would look online and order. A second assumption is that Susan G. Komen has pulled the breast cancer exam funds from Planned Parenthood for political reasons (Huffingtonpost, 2013).
MRC Case Study By: Devorah Serkin, Dan Saguy, Romy Ribitzky, Shimon Zlotnick MRC Inc.• MRC is a Cleveland based manufacturer of car parts• The business plan is based on rapid diversification by new acquisition to: o keep themselves from becoming exposed to risk o Stabilize earnings and cash flow o Escape threat of backward integration by car manufacturers• Currently overleveraged and need cash quick to continue their strategy o Currently, long term debt for MRC is $22.7mm• Achieve management of many acquired companies through decentralized management o 7 divisions run by department heads who oversee operations and report to MRC owner ARI Inc.• American Rayon Inc (ARI) is a Philadelphia based corporation.• Third largest producer of Rayon in the United States• Rayon is currently used in tire production, though market share in tires is decreasing yearly (as of 1960, only 64% market share) Rayon’s market share in tire production Million Market Yearly year pounds share change 1955 406.9 86% 1956 343 83% -3% 1957 318.5 77% -6% 1958 233 71% -6% 1959 287.1 70% -1% 1960 251.3 64% -6%• Has $20mm of liquid assets not needed for operations that can immediately be sold upon purchase View slide Pro and Cons• Pros to acquisition • Cons to acquisition o $20mm in liquid assets o Company is losing market which MRC needs to share offset their debt. o Recent return to o Allows MRC to continue profitability due to with the strategy of reduction of cost rather diversification than increase in sales o Increases credit o Dying company with no worthiness long term future prospects o Stabilizes cash flows o Large company may not o Undervalued company fit with MRC’s costs them $40M in management model common stock View slide MRC Inc.• Assumptions for DCF calculations of ARI: o Numbers are in real terms. Depreciation has been adjusted to reflect the actual inflation rates between 1961 and
IKEA’s Global Sourcing Challenge: Indian Rugs and Child Labor Executive Summary Ingvar Kamprad founded IKEA in the early 1950s and served as CEO until 1986. By the mid-1990s the company was the world’s largest specialized furniture retailer. Kamprad broke the mold of the traditional furniture maker and went outside of the Swedish furniture cartel. He built relationships with outside suppliers and forged a unique business model featuring exhibition retail displays highlighting a broad range of functional, affordable well-designed home furnishings that customers could purchase in flat packages to take home and assemble themselves. Kamprad established IKEA’s mission “to create a better everyday life for the many people” and executed that mission through a strategy of selling affordable, high-quality furniture to mass market consumers.
They sell products of their own brand and other brands within their store, selling their own brands help create more profit from them as they keep it within the business. 3 3 The British Heart Foundation is a charity which is a non-profit organisation, they raise money for people with heart disease and other disorders involving the heart. They raise money by taking in donations of clothing/furniture/books from the public and reselling them in different shops. They also use different organisations to sell goods to raise money for the cause, for example the charity sells goods via eBay. Purpose 4 4 The purpose of Tesco is to sell goods, create profit from this and satisfy the needs of customers.
My problem is to link “baby boomers” and “echo boomers” together while making profits for my business. The study shows that the oldest “echo boomers” just get into job for a few years while the youngest “echo boomers” are still studying at school. They need to fit in the society and enrich their social experience in order to earn money, and a good they really need is car. “Baby boomers” certainly have cars, but “echo boomers” are the group of people that need cars. The used car market provide a chance to link this two generation together – “baby boomers” can sell their used cars to “echo boomers”.