...Cameron Auto Parts Case Report Cameron Auto Parts Case Report October 16th 12 October 16th 12 08 Fall 08 Fall Problem Statement Given, the increasingly competitive domestic market and the increases in foreign demand, Alex Cameron is faced with the decision of how to efficiently expand into foreign markets. Situation Analysis External Analysis When Alex first took control of Cameron Autoparts, the company was facing much adversity in the markets as well as economy. Sales in 1991 (Alex’s first year of operation) dropped from 48 million to 18 million in the first six months, this was due the American economy suffering from a recession, as well as foreign companies from japan were beginning to grasp a larger share of the market. Alex quickly realized he would need to come up with a solution to diversify his company from the competition. He used this opportunity to bring in new engineers to develop a product that related to the existing line but also had non-automotive market appeal. The gamble paid off and Cameron’s sales began to rise again. As the new product became more and more successful Alex began to explore foreign markets and quickly seized a European patent on the flexible coupler. While having the patent provided Cameron with the exclusive rights to the coupler, if Alex did not begin to produce the product in Europe he would lose the money he sunk into the process. After attaining the patent he quickly set up a licensing agreement...
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...AutoZone Case Study Analysis Executive Summary: A case brief on AutoZone,Inc is being presented in this article. The paper briefly discusses the history and progress strategy of the company so far. The main idea of the paper is the dilemma faced by a portfolio manager- Mark Johnson- and the wise decision he could make in order to safeguard his client’s portfolio. The paper examines the current position of AutoZone in the market and its growth potential which would help Johnson in making his decision. At the closure of the paper, recommendations are being presented not only to the portfolio manager but also to the AutoZone. Interestingly, how much of an impact can an interference of a corporate raider have on the growth of a company is also being discussed in the article. Introduction: AutoZone, Inc. started in 1979 under the name of Auto Shack in Arizona, is a leading aftermarket auto-parts retailer, employing around 65,000 employers and has captured markets in United States, Puerto Rico and Mexico. AutoZone products are inferior goods i.e. when the economy is at its best, the sales of the AutoZone tends to drop and vice-versa during the downturn. This is one of the reasons for AutoZone (AZO) to be performing well for the last few years (2007-2011) as the US Economy is yet to recover from one of its worst recessions ever. Moreover, share repurchases strategy has been driving the market value of the stock move upstream for some time now. As an effect of Edward Lampert’s...
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...1.0 Sinopsis Pada lima tahun yang lalu, Andre Pires telah membuka sebuah syarikat peralatan automobil iaitu Quickfix Auto Parts di sebuah bandar bersaiz sederhana yang terletak di bahagian pertengahan barat Amerika Syarikat. Pada mulanya, Andre bekerja sebagai juruteknik di sebuah syarikat pengedar automobil dan kemudian sebagai pengurus jabatan peralatan selama lebih daripada lima belas tahun. Andre telah mempelajari perbezaan persaingan yang sengit dalam perniagaan perkhidmatan automobil. Beliau juga telah menjalinkan banyak hubungan dengan pengedar dan juruteknik perkhidmatan, yang mana ia amat berguna apabila beliau membuka syarikat sendiri. Perniagaannya telah meningkat secara ketara dalam tempoh lebih dari setahun dan hasilnya pada tahun ketiga, Andre membesarkan kedainya melebihi dua kali ganda berbanding saiz asal perniagaan. Ramalan industri dan syarikat untuk beberapa tahun yang akan datang amat baik dan Andre amat berkeyakinan bahawa jualan kedainya akan terus meningkat atau melebihi jualan semasanya. Andre telah menggunakan hampir kesemua dana yang ada untuk mengembangkan perniagaannya, walaupun beliau mengetahui bahawa pertumbuhan masa hadapan syarikat perlu dibiayai dengan menggunakan dana sumber luaran. Andre berasa bimbang kerana pendapatan bersih perniagaannya untuk dua tahun yang lepas menunjukkan angka yang negatif dan aliran tunai perniagaannya juga berada dalam situasi yang lemah. Andre memikirkan bahawa dia perlu meneliti dan cuba memperbaiki keadaan...
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...while also inspiring, serving, and growing has been Advance’s foundation for business. Advance Auto Parts simplified their focus down to two key strategies, Service Leadership and Superior Availability in 2011. Service Leadership provides each customer with the time and attention they need helping them make the best decisions and saving their time. Advance has also made contributions to Service Leadership training and the Commercial delivery speed. This ensures reliability to the Commercial customers. Total sales increased 4.1% to $6.17 billion compared with revenues of $5.93 billion in 2010. Comparable store sales increased 2.2% on top of an 8.0% increase in 2010. They opened a net 99 new stores, including nine Autopart International stores, and ended the year with a total...
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...Nick Longo Nicholas Ray Longo was born on May 21, 1994 on a Wednesday at 5:15 in the morning. Nick was born at Leominister hopspital, he was 8 lbs 5 ounces. He is the son of Chris Longo and Karen Longo, he is an only child. His father Chris is an autoparts salesman at North end Subaru. Nick’s mom is a secretary at Babs Autobody. Nick lives with his mom during the week and has a good relationship with his mom and is very close to his mom. On the weekends nick lives with his dad, his relationship with his dad has had its ups and downs and is an ok relationship. Nick described his childhood as an ify one. Throughout his child hood he had good times and bad times. His relationship with his dad growing up was not always the best relationship and it had its up and downs. Nick had a very good childhood from preschool up to 2nd grade. Towards the end of 2nd grade his father Chris meet a woman who Nick describes as evil. From 2nd grade to 4th grade Nick lived in a foster home in worcester. In 4th grade Nick lived with his dad and his step-mom. Nick said that his step-mom was overly mean and treated him unfair. When Nick was living with his father and step-mom he woke up multiple times in the middle of the night to his bed on fire and the second time he actually caught his mom doing it. Nick told his dad about what had happened but his dad still did not believe him. His dad continued to believe that nick had set his bed on fire...
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...7 Cities Do It Yourself Auto Repair Assignment 2Week 8: Marketing Plan Part B Roderick D Williams Strayer University Marketing Management Professor Caitlyn Worner 6/1/14 7 Cities Do It Yourself Auto Repair The concept of 7 Cities Do It Yourself Garage did not derive from the passion of an individual repairing their own automobiles, it derived from finding a money saving solution to small auto repairs. Many people do not change their own oil, which is a very inexpensive preventive maintenance cost. Once you get the feel for doing your own oil changes, it will lead to you learning more about vehicle repairs and the amount of money saved in the process. This knowledge will come in handy especially during difficult economic down times, like the economy in 2008. As you learn more about at home car repairs, some required tools and equipment are not available for use in the driveway or garage. Researching a few backyard mechanics you will find the same problems. In addition, many people that rent homes and apartments are not allowed to work on automobiles on the premise, of the rental property; in the city of Norfolk it is illegal and by owner discretion in others. Roderick Williams has been a vendor at a local flea market for over 10 years and through his consumer connections, he was often asked does he know of someone that can fix this or repair that. Another vendor sells stereo equipment, but there is no one to install the equipment, especially on rainy days...
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...CAREER DEVELOPMENT PROGRAM _________________________________ THE RESUME Office of Career Development 44 West Fourth Street, Suite 5-100 New York, New York 10012 212-998-0623 http:// www.stern.nyu.edu/ocd Introduction: The Stern Resume______________ Your resume should highlight key points, which are relevant to your future employment objectives. The Office of Career Development has one required resume format. The purpose of this handout is to describe the specific requirements of the format and to assist you in writing relevant content. Your resume is an important marketing document designed to sell your background to a targeted reader. It is an outline of your professional and educational background; it should highlight relevant key points, which relate to your future employment objectives. Your resume should be tailored strategically to present those accomplishments, skills and experiences that relate specifically to the position you are seeking. You should consider the interview while composing your resume. How well you present these experiences in the resume is a measure of how well you will articulate these experiences in the employment interview. AVOID THE “DATA DUMP” TRAP Write your resume for the reader, supplying the information he/she will find important to know. Remember, more is not better. Select only your experiences that are relevant to the function and industry you are looking to be a part of in the future. It is not the reader's job to try...
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...1. Using the information provided, prepare the report that David Bennet requested, assuming that the project will begin immediately. Assume 45days are available to complete the project, including transporting the car to Detroit before the auto show begins. Your report should briefly discuss the aspects of the proposed new business, such as the competitive priorities that Bennett asked about. a. Assessment of new business i. Attract new customers BASS’s current business consist of three car dealership that sell and service several makes od American and Japanese cars, two autopart stores, one large body shop and car painting business and one auto salvage yard. The decision to expand into vintage car restoration business, a new market segmentation will attract new groups of customers and will strengthen BASS’s car empire. ii. Demand As we noted about the public’s going interest in restoration of vintage automobiles, it’s an opportunity for us to expand into this market which has a future potential. Among the people who own vintage car or planning on purchasing a vintage car, many of them want to restore their cars but don’t have time to do so, some want to own a vintage car, and many of them have money to pay to restore car. Usually vintage car collectors are rich people who are willing to spend a lot of money to purchase a vintage car or restore their car. iii. Promotion strategy Using the first Mustang restored by BASS as an exhibit in sales and advertising...
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...1. Amazon’s focus was relentlessly on customers, hence, their entire strategy from the beginning was built on the vision. Its strategy was based on growth which was achieved through offering variety and convenience at low costs to keep an ongoing customer experience. Initially it was only based on a three pillar strategy that is; selection, pricing and convenience along with innovation. It had aimed at investing in technological advancements as a growth indicator. In 2007 Amazon launched a number of new websites serving customers with specific needs. Amazon strategy changed from just serving web retail customers to now serving consumer customers, seller customers and developer customers. Amazon was going through expansion and diversification. It started acquiring companies to serve its need for technological development, products and services. Amazon divided the company into three functional areas; product development, technological content and development, supply chain and distribution. From originally serving only the retail customers, in 2009 Amazon served three distinct groups that is consumer customers, seller customers and developer customers. Distinctive capabilities included its technological innovation capacity. Amazon had built the virtual sales person for its customers, by leveraging off information from millions of users. In the long term these innovations helped them achieve lower operating costs even though it cost heavy investments. Amazon was the price leader...
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...A GLOBAL / COUNTRY STUDY AND REPORT ON “ _________________________________________” Submitted to (SARDAR PATEL COLLEGE OF ADMINISTRATION AND MANAGEMNT) IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF THE AWARD FOR THE DEGREE OF MASTER OF BUSINESS ASMINISTRATION In Gujarat Technological University UNDER THE GUIDANCE OF Name and Designation Submitted by (STUDENT NAME) [Batch: 2010-12, Enrollment No.:2006 to 2012] MBA SEMESTER III/IV (SARDAR PATEL COLLEGE OF ADMINISTRATION AND MANAGEMNT) MBA PROGRAMME Affiliated to Gujarat Technological University Ahmadabad March-2012 Students’ Declaration We, __________________________________, hereby declare that the report for global country report entitled “______________________________”in (Name of the country) is a result of our own work and our indebtedness to other work publications, references, if any, have been duly acknowledged. Place : …….. (Signature) Date : (Name of Student) ------------------------------------------------------ Institute’s Certificate “Certified that this Global /Country Study and Report Titled “……………… ……………” is the bonafide work of Mr./ Ms……… …………………….. (Enrollment No………..), who carried out the research under my supervision. I also certify further, that to the best of my knowledge the work reported herein does not form part of any other project report or dissertation on the basis of which a degree or award was conferred on an earlier occasion on this or any other candidate. Signature...
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...the .pdf file named “CoBIT Control Practices” to help you with this assignment. If you are unfamiliar with how to use CoBIT, you’ll want to first locate the appropriate control objective (for example, AI6). Then, look find the shaded box labeled “Control Practices” * Control Practices are procedures a company should have in place to achieve and efficient and effective system. Thus, it is helpful to reference these practices when assessing a company’s change management procedure. * You will need to reference CoBIT while performing this assignment. * For full credit, identify 10 change management deficiencies, the risks associated with each, and your suggestion for improving each identified deficiency. The Setting Tampa Autoparts Corporation (TAC) is a manufacturer of various automotive components, located in the Tampa Bay area. In operation since the early 1960s, TAC has grown rapidly over the years, with its customer base comprising service stations and auto parts stores all over the Southeastern United States. The company has a custom-developed information system for meeting the accounting and reporting needs of all departments. The system was initially developed in COBOL in the 1970s, but was ported to a C++ object-oriented environment in 2002. The IT department, led by Mr. Rick Wakeman, has a team of ten programmers, five systems analyst, three quality assurance specialists, and two computer systems operators. In the last six months, there have been two...
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...Chapter 12 Macroeconomic and Industry Analysis 1. A top-down approach to security valuation begins with an analysis of the global and domestic economy. Analysts who follow a top-down approach then narrow their attention to an industry or sector likely to perform well, given the expected performance of the broader economy. Finally, the analysis focuses on specific companies within an industry or sector that has been identified as likely to perform well. A bottom-up approach typically emphasizes fundamental analysis of individual company stocks, and is largely based on the belief that undervalued stocks will perform well regardless of the prospects for the industry or the broader economy. The major advantage of the top-down approach is that it provides a structured approach to incorporating the impact of economic and financial variables, at every level, in to analysis of a company’s stock. One would expect, for example, that prospects for a particular industry are highly dependent on broader economic variables. Similarly, the performance of an individual company’s stock is likely to be greatly affected by the prospects for the industry in which the company operates. 2. The yield curve, by definition, incorporates future interest rates. As such, it reflects future expectations and is a leading indicator. 3. Stalwarts. They tend to be in noncyclical industries that are relatively unaffected by recessions. 4. A supply shock 5. Financial leverage...
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...orkMultinational Corporations 1. Multinational Corporations http://www2.econ.iastate.edu/classes/econ355/choi/mul.htm Definition of MNC | Multinational firms arise because capital is much more mobile than labor. Since cheap labor and raw material inputs are located in other countries, multinational firms establish subsidiaries there. They are often criticized as being runaway corporations.Economists are not in agreement as to how multinational or transnational corporations should be defined. Multinational corporations have many dimensions and can be viewed from several perspectives (ownership, management, strategy and structural, etc.) The following is an excerpt from Franklin Root, International Trade and Investment | Ownership criterion | Some argue that ownership is a key criterion. A firm becomes multinational only when the headquarter or parent company is effectively owned by nationals of two or more countries. For example, Shell and Unilever, controlled by British and Dutch interests, are good examples. However, by ownership test, very few multinationals are multinational. The ownership of most MNCs are uninational. (e.g., the Smith-Corona versus Brothers case) Depending on the case, each is considered an American multinational company in one case, and each is considered a foreign multinational in another case. Thus, ownership does not really matter. | Nationality mix of headquarter managers | An international company is multinational if the managers of the...
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...ESTABLISHING THE ROLE OF THE PHILIPPINE AUTOMOTIVE INDUSTRY IN THE EAST ASIAN PRODUCTION NETWORK: IDENTIFYING INDUSTRIAL ADJUSTMENT POLICIES THAT WILL FURTHER ENHANCE PARTICIPATION IN THE NETWORK AND RESPONDING TO THE CHALLENGES POSED BY CHINA’S EMERGING AUTOMOTIVE INDUSTRY1 Roberto B. Raymundo I. INTRODUCTION A. Integrating the Local Automotive Sector within the International Production Network One of the major industries that had successfully adopted both the regional as well as the global approach towards locating its production facilities and exploiting locational advantages is the automotive industry which has been predominantly driven by multinational corporations (MNCs) originating from the United States, Japan and Germany. The expansion of the production activities of these MNCs, particularly those originating from Japan, into the economies of East Asia over the past two decades have been primarily responsible for the creation of international production networks which continue to influence the extent of industrial development in the region. The international production networks in the automotive sector have made substantial contributions to East Asian economies in the form of foreign direct investments (FDI) to the host countries, creating new jobs and increasing production, establishing linkages by integrating local firms into their supply network and raising the level ...
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...ASSESSING THE POWER OF PORTER'S DIAMOND MODEL IN THE AUTOMOBILE INDUSTRY IN MEXICO AFTER TEN YEARS OF NAFTA SALVADOR BARRAGAN Master in Business Administration, IPADE Business School, 1996 BSc in Industrial Engineering, Universidad Panamericana, 1994 A Research Project Submitted to the School of Graduate Studies of the University of Lethbridge in Partial Fulfilment of the Requirements for the Degree MASTER OF SCIENCE IN MANAGEMENT Faculty of Management University of Lethbridge LETHBRIDGE, ALBERTA, CANADA © Salvador Barragán, 2005 ii Abstract It has been ten years since the signature of the NAFTA agreement among Canada, U.S., and Mexico. For Mexico, this was a decisive step away from a protectionism model toward a free trade market. One of the main purposes for Mexico in joining NAFTA was to increase the competitiveness of its manufacturing sector, especially the automotive industry. In this paper, Porter’s Diamond Model of national competitiveness and some critiques that attempt to extend the usefulness of the model are analyzed. The Doubled Diamond and the role of MNEs in a host country are both examined through a case study research of the foreign-owned automobile industry in Mexico. The findings of this study show evidence of a broader role of MNEs than in the original framework, as well as the usefulness of the doubled diamond extension to explain alternative sources of competitiveness in early stages of development. iii Acknowledgments...
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