...Case Study Jackson Automotive Systems Executive Summary Jackson Automotive Systems is an Original Equipment Manufacturer (OEM) that supplies parts for the automobile industry. Jackson Automotive Systems is currently operated by the president, Larry Edwards, and was founded in 1961 by Larry Edward’s father. Jackson Automotive Systems has been operated largely as a cash only business with very little if any debt outstanding typically. The 2008 financial crisis was a difficult time for all participants of the automobile industry. Jackson Automotive System’s reluctance to carry debt coupled with a strong working capital position and a conservative financial policy helped bring the company through the financial crisis. After the financial crisis a group of unhappy stockholders arose and Mr. Edwards chose to repurchase their stock in 2012. To finance the stock repurchase Mr. Edwards used $5 million of cash on hand and secured a $5 short-term loan from a local bank. It is now June of 2013 and the balance of the loan is due at the end of the month. Wanting to purchase new equipment with a cost of $2.4 million Mr. Edwards has approached the bank for an extension on the original $5 million loan as well as the additional $2.4 million equipment loan with a new maturity date on the total of $7.4 million of September 30, 2013. Introduction Mr. Edwards has exhausted his cash reserves and gone in debt following the 2008 financial crisis in order to repurchase stock from an unhappy...
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...prime focus being at the University of Mississippi. Peterson states his argument in the introduction of his book stating: “A key component of the Closed Society was the role of local journalism, which acted as an arm of organizations like the Citizen’s Council and the Sovereignty Commission to protect the way of life that segregation had built” (p.3). Throughout the text Peterson says that although there were a few journalists that spoke out against the unwritten law and the Closed Society, the majority of journalists were very conservative with what they would talk about as far as integration was concerned. Within his research, Peterson concluded that “The tone of newspaper coverage in the state was set by the Clarion-Ledger and the Jackson Daily News” (8). The publishers and editor of these presses was the Hederman family. Peterson references to historian John Dittmer who claimed the Hederman’s “poured out a steady stream of invective against black activities and their white allies” (8). One factors that many historian agree upon is that tone of the only reason why the Hederman’s did not completely take over the newspaper business was because of the The State Times and J.Oliver Emmerich (8). He was one of the rare editors that would speak out against the Closed Society. In one incident, in 1955 a college out of Mississippi was given the chance to play in a Rose Bowl game. The team they played against was an integrated school. The press covered the matter in a very passive...
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...main job was doing things like collecting, publicizing, and organizing information on civil rights because of the abuse that was faced because of race. In Mississippi, boycotts were led by Medgar which went against the company's/ businesses that still were segregated. The boycotts occurred in downtown Jackson, Mississippi. Many of the people that happened to be in it were the high school and college students that lived in or near the area of Jackson Mississippi. Two college students, named Charles Bracey, and Dorie Ladner were arrested for boycotting in the downtown area of Jackson, Mississippi. This caught the attention of civil right activist Medgar Evers who would then tell everyone else about the incident and how it was a successful boycott by 60-65%. Violence erupted with the white people in the town being against the boycotts of the downtown stores. “At first local whites didn’t know how to react. A few started to heckle …We were called a little bit of everything. A couple of local boys even made a hangman’s noose out of the counter’s rope. Eventually the heckling turned violent and “all hell broke loose.” -Girl that was apart of the boycott (One person one vote map: Jackson, Mississippi) Majority of the whites were against this boycott because it went against their company, they hated African Americans, or they thought the idea of them boycotting days before Christmas was ridiculous. With Medgar Evers he helped spread the word of the boycotting and was looked at as an...
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...In the story “A Worn Conflict” by Eudora Welty the story is of a woman named Phoenix Jackson who takes a Journey through the country into the city to take medicine to her grandson. An element that Welty used to show Phoenix journey to the city is conflict. She uses the 4 conflict styles to explore how Phoenix Jackson comes in conflict with society, herself, nature, and another human. The first conflict that Phoenix Jackson explores in the story is human vs. nature. This comes along as she starts her journey in the country to make it to the city she acknowledges the things that she may come across her path while taking her journey to the city. “Out of my way…foxes, owls, beetles, jack rabbits, coons, and wild animals” (Welty 333). She acknowledges that these are things that she may encounter or come across while on her journey, but hopes that she doesn’t which explains her saying “out of my way”. Also another human vs. nature conflict that is explored in the text is when Phoenix comes across the scarecrow that she mistakes for a ghost. “… it was silent as a ghost … ghost she said sharply, who be you the ghost of” (Welty 335). “You scarecrow…dance, old scarecrow,…while I dance with you” (Welty 335). Once realizing that it was a scarecrow instead of a ghost Phoenix was relieved....
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...“The Worn Path”, by Eudora Welty tells the story of an elderly grandmother as she walks into the city to retrieve throat medicine for her grandson. Joseph Campbell describes the archetypal hero’s journey in A Hero With A Thousand Faces. Phoenix’s journey corresponds to the hero’s journey. Helpers along the way, entering the unknown, and tests that occur on the journey help to correspond Phoenix’s journey with a hero’s journey. One way Phoenix’s journey is similar to the hero’s journey is that she encounters helpers along the way. Campbell states that a hero will meet multiple helpers along his journey (69). One helper Phoenix encounters is the wagon track. Phoenix says “‘This the easy place. This the easy going’” (490). The wagon track is a helper because the barren path makes it easier for elderly Phoenix to walk. Another helper is the woman who ties Phoenix’s shoe. After Phoenix arrives to the town she asks a lady on the sidewalk to tie her shoelaces for her (492). The lady ties Phoenix’s shoes so that she can now travel further into town to obtain her grandson’s medicine. The next helper is the hunter. Phoenix falls into a ditch after an encounter with a dog (491). A hunter notices Phoenix in the ditch and helps her out of the ditch and back onto her feet (491). The wagon track, the woman who ties Phoenix’s shoe, and the hunter are all helpers who help link Phoenix’s journey to the hero’s journey. On Phoenix’s journey she has to pass protectors to enter the unknown, as...
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... The Gamma Lambda chapter of Phi Theta Kappa nominates Jabari Williams for a Distinguished Chapter Officer Award. He has served our chapter as Vice-President of Scholarship and College Project Coordinator. Jabari’s leadership, organizational and motivational skills encouraged our chapter to be successful. Early in our officer team’s existence Jabari implemented the idea of utilizing the GroupMe phone application. This gave our officer team the ability to communicate effectively and quickly with every one of the officers at once. The officer team was alerted to one another’s complications or changes in planned projects. In the early days of introducing this form of communication Jabari encouraged the officer team to become more familiar with one another through this app. This resulted in our team becoming stronger and more cohesive. Implementing this communication device improved our officer team’s overall level of communication while also allowing us to avoid one or two mishaps. Jabari was vital in several key aspects of both our chapter’s Honors in Action (HIA) and College Projects. Jabari was a team leader for the chapter and a key member in goal setting for the HIA project. A main goal, which Jabari was a committee leader for, was contacting and meeting with Mrs. Carley Dear, Director of Institutional Research at Hinds Community College. This meeting was an unreplaceable factor in our HIA project. Without Mrs. Dear’s help our chapter would have created a much less effective...
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...into used auto sales with the purchase of Auto Nation USA in 1997, In 1996, Republic began purchasing new car dealerships and offering long-term contracts to owners who joined the automotive division management team In 1996, Alamo Rent a Car was acquired. In 1997, Republic continued acquisitions in the car rental business with the purchase of National Car Rental, Spirit Rent-A-Car, Value Rent-A-Car, Snappy Car Rental, and EuroDollar Rent A Car. In January 2003, Jackson is named chairman of the board replacing Huizenga. On October 24, 2005, the AutoNation building in downtown Fort Lauderdale suffered significant damage due to Hurricane Wilma. The company has since transferred to another nearby building. In 2006 Mike Jackson, CEO of AutoNation announced that his company would be reducing orders from General Motors, Ford and Chryslerin 2007 In 2009 AutoNation announced the AutoNation Payment Protection program, promising that the dealership will buy back any car at market value, should the owner lose their job. Issues Management AutoNation, Inc. Organization Michael J. Jackson- (also known as Mike Jackson) is Chairman and Chief Executive Officer of AutoNation, Inc. Mike Jackson is widely regarded as one of our generation’s most influential and effective leaders in the automotive industry. Since joining AutoNation as CEO in 1999, then assuming the role of...
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...University of Dubai Introduction to information system CAN DETROIT MAKE THE CARS CUSTOMERS WANT? Done by : BiLaL aLi Introduction 7788655 Why is AutoNation having a problem with its inventory? AutoNation is having a problem with its inventory. That is that they have to maintain an excessive inventory that it can't easily sell. Because of Detroit’s century-old business model, which is still continue from the dates of Henry Ford's mass production of millions of largely identical Model T's. Rather than build cars to suit customer’s preferences, Most of the U.S. car makers are production oriented but not customer oriented therefore they have to put an extra effort to sell the cars to the customers. Vehicles like SUVs and pickup trucks become outcast. That case booms the question that is can the automakers will be able to sell all the cars they have. Current situation of American economy make this worse. With the slumping economy and very high gas prices, now Americans can't think of affording new vehicles like in past. They want smaller and more fuel-efficient vehicle models. AutoNation, they are being loaded with the unwanted inventory which results in stocking up there yards and also getting them costs such as interests on the money that had been borrowed from the bank. And also dealers often have a surplus of new cars sitting in their lots for months at a time that no one wants to buy it. Why is this also a problem for auto manufacturers such as GM, Ford,...
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...is due to the critical details often being overlooked, such as selecting the right suppliers, matching inter- organizational needs and capabilities and clearly defining standards and goals. [Daugherty et al, 2006] Questions arise about whether buyers and suppliers benefit from collaborations. A study of collaborative relationships found that even though both the buyers and suppliers benefited from the collaboration but there was a feeling of inequality in the collaboration on the suppliers’ part. It is crucial for this issue to be addressed in order to achieve future success. [Terpend et al, 2008] The South African automotive industry “The South Africa’s automotive industry is a global, turbo- charged engine for the manufacture and export of vehicles and components.” [Van der Merwe, 2009] In the past years South Africa has been able to develop a major automotive industry with local vehicle manufacturing plans for companies such as Volkswagen, BMW,...
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...cars in 1924. I suspect at that time the Winston Motor couldn’t expect they set new era in motion. A century passed, auto ad has developed and grown. With the development of technology, there appeared more transmission channel. According to Borrell Associates’ latest report, the auto industry’s use of print, radio, and direct mail will be taken over by this growing transition to digital media. To put things into perspective, about 40 cents of every media dollar spent for automotive marketing will go toward digital advertising in 2011 and in 2012 it is likely 90% of additional advertising dollars will go toward digital media.[1]Obviously, digital media is the general trend in auto advertising. Television; internet website; social media network and video network are all digital platform. In this thesis I will focus on creative TV advertising; product placement and micro-film advertising. Because among all those digital ads, there are fast-growing recent years and represent the develop direction of automotive advertising. Creative TV commercials Most of the time, advertising is regarded as a supporting communication way to achieve the marketing goal. The aim of ads is to deliver messages, attract clients and build a bridge between companies and consumers. Advertising cannot lose creativities. In 1960s, “the father of advertising” David Ogilvy said: it is necessary to have a good idea to attract consumers’ eyes and make them to buy your product. It is like to be swallowed...
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...Limited Allied Nippon Limited Allied Nippon Limited Alpha Drivers R and D Center Alpha Drivers R and D Center AMW Motors Limited AMW Motors Limited AMW Motors Limited AMW Motors Limited AMW Motors Limited Andhra Pradesh State Road Transport Corporation Andhra Pradesh State Road Transport Corporation Andhra Pradesh State Road Transport Corporation Anhui Jianghuai Automobile Corporation Limited (JAC Motors) Anhui Jianghuai Automobile Corporation Limited (JAC Motors) Anhui Jianghuai Automobile Corporation Limited (JAC Motors) Anhui Jianghuai Automobile Corporation Limited (JAC Motors) Arai Arai Ashok Leyland Limited Ashok Leyland Limited Manish PADHARIA Pankaj GAUTAM Shibu APPUNNI Shekhar DRAVID Anand PATIL Devender KUMAR N C AGARWAL David JACKSON Suresh WILLIAMS Anurag KHARGONKAR Dhananjay KALE Jitendra JASANI Shamprasad PONKSHE Vivek SONAR K Chandra SEKHAR K Venkat RAO S Ravindra BABU Henry XIA Jack ZHANG Jina KANG Jina KANG D J KULKARNI M R SARAF Hitesh SHARMA Nitin KARULKAR Managing Director Area Manager Assistant Manager – Business Development Vice President - Business Development Assistant General Manager - Marketing General Manager (Marketing) President and Chief Executive Officer Director Business Development, Transport SBU Director (Marketing and Development) Vendor Development Deputy Manager Assistant General Manager Executive Vice President Senior General Manager Chief Mechanical Engineer Works Manager Chief Mechanical Engineer Sales Director Sales Manager Regional...
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...BUS 101 Project: Analyzing Your Favorite Business |FALL 2014 | |Team Members: |Caleb Jackson, Jacob Smith, Matt Williamson | | |Company Name: |Bayerische Motoren Werke AG (BMW) | |Mission Statement. | |The BMW group is a world leader in providing premium products and services to allow individual mobility. | |Summarize the company’s mission (what does it mean?). | |The mission of BMW is to provide individuals with the option of transportation. | |History of company up to present day. | |BMW was founded in 1916. ...
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...The report is about the analysis of the environment of automobile industry and the marketing strategy for Ford Motor Company. It initiates with examining of external environment of automobile industry by using PEST analysis and Porter's five forces analysis. After the internal analyses that focus on the resource audit on brand, products, markets, technology, people and son on, the value chain analysis of the company will be conduct. Then the generic competitive strategies would be discussed through SWOT analysis, Ansoff Matrix and BCG Matrix in order to identify the general business strategy taken by the Ford Company. After specifying the company strategy by those analysis tools, the strategic evaluations would be drawn together with the strategy control methods. Finally, a suggested recommendation for the company future development will be mentioned at the end of the report. I. INTRODUCTION 1.1 Aim of The Report This report aim to identify the external environmental of the global automobile industry, measure and evaluate viable and sustainable marketing strategies using by the Ford Motor Company. Through appropriate theoretical concepts and models, together with appropriate methodologies, the organization within its contextual setting will be carefully examined, and justify recommendation will be mentioned. Though the report, how a successful corporation is operated and how its business strategy is implemented and controlled will be understood. 1.2 Company Background Ford Motor...
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...Strategic Management 313 Unit Index Number 3522 Semester 1, 2006 BMW Automobiles [pic] Group Members Daniel Smentek, 13264679 Melanie Bernroitner, 13264682 Marie-Charlotte Neumann, 13264640 Submitted on, May 16, 2006 Table of Contents Executive Summary 4 Introduction 5 BMW and the Automobile Industry 6 Aspects of the Automobile Industry 6 Historical Background of BMW 6 BMW in the Global Environment 9 General Environment of the Automobile Industry 9 Five Forces of the Automobile Industry 14 Competitive Structure of the Automobile Industry 17 BMW’s Direct Competition 22 BMW’s Resources and Capabilities 25 Tangible Resources 25 Intangible Resources: 28 Capabilities 29 Core Competencies 30 Potential Action Steps for BMW 33 BMW’s Strategy towards Success 37 References 41 Appendices 45 List of Illustrations Figure 1: Report's Course of Action 5 Figure 2: Labour Costs in EU Countries 2005 11 Figure 3: Outcome of General Environment Analysis 14 Figure 4: Evaluation of Porter's Five Forces of Competition 17 Figure 5: Strategic Map 20 Figure 6: Profit Margins 26 Figure 7: SWOT Analysis BMW 2006 33 Executive Summary The following report analyses the automobile operations of the BMW group in regard to its competitive position in the automobile market. BMW is a German premium car manufacturer comprising...
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