...Overview History/Growth This case concerns the John M. Case Company, which at one time was the leading producer of business calendars in the United States. The company was founded by the grandfather of John M. Case in 1920 and was inherited in 1951. The company had experienced profitable operations every year since 1932, and held approximately a 60-65% market share by 1984. Sales had been increasing annually at about a 7% compound rate, and the return on average invested capital was about 20%. The cost structure of the company was 100% equity, owned solely by Mr. Case. The capital budget was the leftover earnings generated from internal operations minus the amount Mr. Case wished to withdrawal as income (dividends) for the year. Also, the seasonal accumulation of inventories and receivables were financed internally (although they did hold lines of credit worth $2 million at major banks). Strengths/Weaknesses Strengths of the company were its market share and production process, which created great economies of scale and allow extremely efficient and low cost production. Even though it was subject to a business with highly seasonal sales, concentrating the sales in the middle six months of the year and giving moderate discounts (for early delivery) could help get around most of the risks. Even though the company focused on high-quality customer service and a high-quality product, there were believed advantages from a marketing viewpoint. Since the...
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...JOHN M. CASE COMPANY Mergers and Acquisitions OCTOBER 6, 2015 FINA 5513D - MERGERS AND ACQUISITIONS Syed Ali Ahmad (100978220), Long Thanh Dinh (100986227) Zeeshan Halim (100986227) Table of Contents Executive Summary .................................................................................................................. 2 Why the J.M.C. Company is an Attractive Target for the Firm’s Management ............... 3 Why purchase the J. M. C. Company by LBO ...................................................................... 4 Target Selection ...................................................................................................................... 4 Industry ................................................................................................................................... 4 Improve Operational Performance .......................................................................................... 5 Management Competence ....................................................................................................... 5 Valuation of the LBO................................................................................................................ 6 LBO Financing Structure......................................................................................................... 7 Ownership Retention ................................................................................................................ 8 Expansion...
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...Case Studies Solutions Case Studies Solutions,Article Writing,Assignments,Research Work,Home Work MenuSkip to content Home How We Work ? Refund Policy How to Order ? Disclaimer Contact Us Finance Cases List POSTED ON MARCH 8, 2013 Hello, If u want us to solve any case study from below list, do contact us anytime, We are here to provide the experience, expertise, and professionalism that you are looking for , Our tutors are available 24/7 to assist you what you need, Click Here to submit your Order. ======================================================================================= Acquisition of Consolidated Rail Corp. by Benjamin C. Esty Airbus A3XX: Developing the World’s Largest Commercial Jet by Benjamin C. Esty American Chemical Corp.by William E. Fruhan, John P. Goldsberry American Home Products Corp.by David W. Mullins AQR’s Momentum Funds by Daniel B. Bergstresser, Lauren H. Cohen, Randolph B. Cohen, Christopher Malloy Arundel Partners: The Sequel Project by Timothy A. Luehrman AXA MONY by Andre F. Perold, Lucy White Beta Management Co. by Michael E. Edleson Butler Lumber Co. by Thomas R. Piper Cartwright Lumber Co.by Thomas R. Piper Citigroup 2007: Financial Reporting and Regulatory Capital by Edward J. Riedl, Suraj Srinivasan Clarkson Lumber Co. by Thomas R. Piper Cooper Industries, Inc. by Thomas R. Piper Cost of Capital at Ameritrade by Erik Stafford, Mark L. Mitchell Debt Policy at UST, Inc. by Mark L. Mitchell Dell’s Working Capital...
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...Short Case Study Analysis Outline Brittany Coleman Professor Drake Mullens Business Strategy October 29th, 2012 Question #1 What are the chief elements of the strategy that Whole Foods Market is pursuing? Is the strategy well matched to recent developments and conditions in the natural and organic foods segment of the food retailing industry? As two young hippies in the late 70’s, John Mackey and his girlfriend opened an all natural food market in Austin, Texas. The store blossomed successfully, with several more opening in surrounding towns. Each store produced accordingly and did well, however, Whole Market Foods big rise didn’t come until after 1992, when John Mackey made the decision to start buying natural food retailers all over the United States. With this demanding statement, Whole Foods Market made a startling presence in the produce aspect of things. John Mackey makes Whole Foods Market thrive with his strange but successful tactics that he uses. Instead of completely changing every store that he buys out, or market he takes over, he takes unique tendencies that each has and uses it to help the original better. Over 70% of Whole Foods Market were made from complete scratch, giving each one its own personality. Whole Foods Market main goal is to provide the most naturally produced and preserved foods that they can, in the most appealing and presentable way that they can. The fact that John Mackey is consistently open to new change for the profit...
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...Global Market Research Case Study Analysis The situation discussed in the case tells of an opportunity afforded Sperry/MacLennan Architects and Planners; the Canadian company was founded in 1972 as a one-man architectural practice and years since then they have become a very respected and profitable company in the field of architecture. It has been recorded in text that Aaker, Kumar & Day (2007) stated, “Eight market niches were identified for Canadian architects in the United States, one of which was educational facilities, in particular post-secondary institutions. This niche, identified as most likely to match S/M’s capabilities, is controlled by state governments and private organizations. Mitch Brooks, a junior partner in the firm, has plans to identify and evaluate other possible markets for S/M’s services as part of his October presentation to the board. Other parts of the United States, or the affluent countries of Europe, where recreational facilities are regularly patronized and design is taken seriously, might provide a better export market, given S/M’s string of design successes at home and the international recognition afforded by the Amherst facility design award.” (Chapter 3). Fortunately for S/M, things began to take a turn in the right direction when their persistence and faith was rewarded in 1983. Sperry won the competition for the aquatics facility for the Canada Games in Saint John. Sperry had gained renowned nationwide acknowledgment for its sports facility...
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...Mark and Spencer vs John Lewis Partnership Contents Introduction 2 Mark and Spencer: 2 Competitors: 3 John Lewis Partnership 4 Factors affecting financial Performance: 5 Analysis of Data Available 6 Revenue and Growth: 6 Profitability Ratios: 6 Gross Profit: 7 ROCE: 7 Net Profit Margin 8 Net Asset Turnover 8 EBITDA/Capital employed 9 Activity Ratios 9 Debtor days 9 Creditor days 10 Stock days 10 Cash Conversation Cycle 11 Sales/net current assets 12 Liquidity ratios 13 Current Ratio 13 Quick Ratio 13 Gearing Ratios 13 Capital Gear Ratio 13 Debt/Equity Ratio 14 Interest cover and interest gearing 14 Investor ratios 14 Return on equity 14 Dividend per share 14 Earnings per share 15 Dividend cover 15 Price/earnings ratio 15 Dividend yield 15 Earnings yield 15 Appendix: 18 Key Facts 19 Introduction Mark and Spencer: History: The foundation of Marks and Spencer plc was laid when Michael Marks, a small retailer, entered into a partnership with Tom Spencer, who was a cashier at a wholesale company, in 1894. In 1901, they acquired a warehouse in Manchester and in 1904, acquired retail premises in Leeds. In 1914, when the company was being run by their successors, Marks & Spencer bought the Penny Bazaar Company in London. In 1920, they adopted a policy change, and instead of buying from wholesalers started buying directly from manufacturers. In 1926, they started selling textiles, and in 1930 opened their flagship store at Marble Arch in London...
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...MBA 812 Marketing Management Case Analysis Rosewood Hotels and Resorts Summary This paper is expended according to the Rosewood Hotels & Restores Company, which established in 1979. This company promoted the Individual Brand Strategy when it was established. In early 2004, the new present and CEO, John Scott, and the vice president of sales and marketing, Robert Boulogne were considering to apply one new brand strategy named Corporate Brand Strategy in order to boost the company’s growth. In the first part of this paper, it gives the reasons why John Scott and Robert Boulogne wanted to promote the Corporate Brand Strategy. In the second part, it describes the advantages and disadvantages of the two brand strategies. And, the last part which is the most important part, there is a spreadsheet with lots of data, and from these data, John Scott and Robert Boulogne confirmed that the Corporate Brand Strategy is more effective for the Rosewood Hotels & Restores Company’s growth. Body of the Paper In this case, the protagonist is Rosewood Hotels & Restores, which is a hotel management company. In this company, there are 12 individual branded hotels and restores in different countries. In other words, Rosewood Hotels &Restores’ development strategy is individual/collection brand strategy. In early 2004, the top managers of Rosewood Hotels & Restores want to promote the company’s growth. Generally speaking, there are several popular growth strategies...
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...Expanding The Business Lineup Strategic Management Syed Tanimul Hoque College ID:0502476 Date:-05/25/2012 Abstract The J. M. Smucker Company is one of the most profitable and highly respected business organizations in the United States and even in the rest of the world. The success of the company can be understood by the skillful integration of core company beliefs as well as the ability to manage a complex organization. The company was able to maintain and manage a huge organization that includes Dunkin Donuts, Crisco and Folgers Coffee as some of the few brands under its control. This case study analysis has discussed about various aspects of its business and provided recommendations for its future success. Product Line and Strategic Fit J M Smucker is achieving growth through following three strategies. Which are, growing in the market share of its existing brand, introducing new products and making strategic acquisition to increase product line.(John E Gamble. Case Study 17. P-263) All these strategies resulted in multiple product lines for the company which are strategically fit. Smucker management had been very successful in blending the manufacturing operations of its acquisitions with the operations of its various business segments. (John E Gamble. Case Study 17. P-266) Peanut butter goes hand in hand with jams, cooking oil goes with baking mix, Folgers coffee is a good way to expand from breakfast table to workplace,...
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... and Planners sOURCE: This case has been prepared by Dr. Mary R. Brooks, of Dalhousie University, as a basis for classroom discussion rather than to illustrate effective or ineffective handling of an administrative situation. The assistance of the Secretary of State, Canadian Studies Program, in developing the case is gratefully acknowledged. Copyright q 1990 Mary R. Brooks. Reprinted with permission. In August 1988, Mitch Brooks, a junior partner and director of Sperry/MacLennan (S/M), a Dartmouth, Nova Scotia, architectural practice specializing in recreational facilities, is in the process of developing a plan to export his company’s services. He intends to present the plan to the other directors at their meeting the first week of October. The regional market for architectural services is showing some signs of slowing, and S/M realizes that it must seek new markets. As Sheila Sperry, the office manager and one of the directors, said at their last meeting: “You have to go wider than your own backyard. After all, you can only build so many pools in your own backyard.” About the Company Drew Sperry, one of the two senior partners in Sperry/ MacLennan, founded the company in 1972 as a one-man architectural practice. After graduating from Nova Scotia Technical College (now the Technical University of Nova Scotia) in 1966, Sperry worked for six years for Robert J. Flinn before deciding that it was time to start his own company. By then he had cultivated a loyal clientele...
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... 4 RUNNING HEAD: LEGAL AND ETHICAL CONSIDERATIONS IN MARKETING, PRODUCT SAFETY AND INTELLECTUAL PROPERTY LEGAL AND ETHICAL CONSIDERATIONS IN MARKETING, PRODUCT SAFETY AND INTELLECTUAL PROPERTY [Student Name] [Instructor’s Name] [Date] [Course Name] Introduction This paper is concern with legal and ethical issues in advertising, marketing, regulations and intellectual property of product safety with respect to PharmaCARE which is a pharmaceutical company. The paper includes the information regarding drug companies, Direct to Consumers (DTC) marketing. Next we will determine the role of Food and Drug Administration (FDA) in regulatory schemes of pharmacies and determine that whether FDA empower over compounding pharmacies. In this paper, I have to make decision about PharmaCARE that whether the company use of intellectual property of Colberia. After this, I will analyze PharmaCARE ways to use US laws to protect intellectual property to coop with intellectual property in Colberia. To compensate the people of suffered from damages due to usage of AD23 will be studied and different suggestions will be made to compensate them. In the end, three changes will be recommended to PharmaCARE to go forward ethically. 1-Ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety and examine whether PharmaCARE violated any...
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...the managerial strain of financial pressure on management due to the decline in the economic environment and the high expectations of Wall Street. As a result, he was aware that the key to growth was in acquisition and mergers, which required an illusion of a solid investment portfolio and therefore ‘a heavy dependence on the performance of WorldCom shares’ (Forbes- Bernie Ebbers Guilty, Available from: http:// www.forbes.com/2005/03/15/cx_da_0315ebbersguilty). In addition, Ebbers was fuelled by greed, ‘nearly a billionaire’ who indulged ‘in luxury yacht and ski house’, had become further invested in the company with ‘a personal loan of 341 million dollars’ being handed out to him. Ebbers wanted to ease the above pressures. In order to execute this, Ebbers exercised his power as CEO by ‘pressurising … and intimidating’ (Jennings, Marianne, 2012, Business Ethics: Case studies and Selected Readings pp.23) to recruit...
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...CEO” Problems After reading the case, some questions are apparent. The questions are very helpful to find out Boeing’s Problems. * Why Boeing’s board fired the former CEO, Conduit, only due to the scandal happened in Conduit’s tenure? * Why Stonecipher could receive such high pension and benefits, even after retired and resigned? Is the payment method for the directors appropriate? * Why the board appointed James Bell, who was not a member of board or of any committees before the assignment, to serve as acting CEO after Stonecipher? Is there any formal succeeding plan for the CEO? * Why Boeing just fired Stonecipher but did nothing to that women executive? If the relationship was not the only reason for the resignation, what were the other reasons? Because that woman, Debra Peabody, worked in the company’s government-relations office? * Did Boeing treat its CEO’s resignation so careless, even the CEO brought obvious operating improvement during the short 15 months? * Why that informant could intercept the company’s CEO so easily? Is Boeing’s corporate security appropriate, especially Boeing was cooperating with Air Force? * Why the board made Stonecipher’s affair public while not private, even that relationships had no direct impact on the company’s performance? In conclusion, some problems that Boeing faced are as follows: First, Boeing was dependent on its main customer—Air Force so much that the company had lost independence. The board worried...
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...in accountancy practice and this project will be invaluable experience. I decide to write a research project on Marks & Spencer plc. and the reason being is that I had carried out an investigation on this company before and I have preliminary knowledge on its activities and the sector in which operates. Marks & Spencer is well known and reputable retailer which I personally favour as a customer. Marks and Spencer Group plc. is an international multi-channel retailer with headquarters in London, in the City of Westminster .It carries out the retailing of apparel, home products and food items. It was started as a Penny Bazar 1884 in Leeds selling only British made goods (Enc. Britannica,2004) As of 30 March 2013 the Company’s product were sold through 766 UK stores and 418 stores internationally (www.marksandspencer.com, 2013) 1.1.2 The reason for choosing the John Lewis Plc. as the comparator company John Lewis was selected as a comparator company because it is a public company, operates in the same industry; it is of a similar size and has comparable growth characteristics. John Lewis is also based in the UK but it is an employee-owned partnership which operates John Lewis department stores and Waitrose upmarket groceries stores. It was found that John Lewis is popular for its good...
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...The current leadership situation is horrible at the company. The sales for the Willamette Company have been slowing down in the past couple of years because of bad customer service (Garlington). John went through the paper work and found that the sales people seem to leave off the specifications and the designers have to spend hours on the phone to understand what the client customer actually wants the machine to be able to do. The company loses time and money to clarify these specifications, and they occasionally need to pay additional costs due to differences in prices for parts so they can meet the changed specifications. Also, the sales people are not asked to correct their mistakes. John also, found a letter addressed to Fred, the previous boss, indicating one of the CAD designers had quit the company due to “…ongoing management harassment AND complete lack of training for the sales people, who do not know how to write a design specification for a standard hydraulic pump” (Garlington). John has been very successful in leading the team. He had a good relationship with all his employees in the past and doesn’t want that to change in this company. He has realized that in that this team was not in very good hands in the past, and they were under a strict supervision. The employees are used to being told what to do otherwise they don’t know what needs to be done. Their previous leader kept everything under his control. John doesn’t want it to stay like this. He wants his team...
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...Employers make difficult decisions to determine how to continue to provide health insurance at a fair and reasonable price, without harming the small business. The case study by Spencer (2014) examines the options of small business owners, John and Liza, faced with a 25% increase in health insurance rates. Once it is determined that the increase is due to the age and health status of several employees, the owner must decide whether to penalize certain employees with increased contributions, or have all workers absorb the added costs equally. In addition, there is concern that hiring a potential new employee, Robert, will increase insurance rates even further due to the pre-existing health condition of his spouse. It is challenging to select an option that has a fair and balanced impact on the company and its employees. While financially it is easiest for the company to have each employee absorb the cost of the premium increase, this is not a fair option if premium increases for all are due to the lifestyle factors of a small representation. There is an increased risk of turnover with a substantial rise in employee premium portions, as well as a negative impact on morale and recruitment. John and Liza will need to consider the possible cost of turnover when determining the best plan for the company. One option John and Liza have is to charge their employee Mary a higher contribution rate due to the fact she is a woman. Women face unfair and discriminatory...
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