...Business Proposal – Future Growth Inc. Executive Summary Background Future Growth Inc. (FGI) is a full-spectrum equipment financing, sales, and manufacturing company that has been in business for 67 years. Their primary product concentration areas are construction and forestry equipment. Originally the company offered only small consumer financing loans for households. The company expanded its product offerings into the commercial financing realm by providing business loans for acquisition, operations, and commercial real estate needs. The company made the decision to add to its product line by offering equipment financing, which began in 1946. The company created a subsidiary called Future Growth Inc. (FGI) for this purpose. After WWII, there was a spike in the demand for construction and forestry equipment because of the post-war housing boom. FGI was in a key strategic business position, possessing a significant portion of the equipment finance market, and made the decision to improve upon their position by purchasing an equipment manufacturing company, which they accomplished in 1951. Because of this single managerial decision, the company was able to grow and be profitable for the next 55 years. The company stock has risen from $5 per share to $85.60 per share. The company has witnessed six stock-splits over the decades, and the current stock price is $35 per share. With the global market downturn beginning in the late 2000s, the once stable and profitable company...
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...Service Inc. (TMS) is a consumer finance company that started its services in small loans for households since 1940. Thomas Money Service, Inc. would grow its market provisions later by offering businesses loans, acquisitions, and commercial real estate loans. In 1946, to enhance TMS, and the success, a subsidiary named Future Growth Inc. (FGI) was formed. FGI was a branch out decision into equipment financing. Unexpectedly, FGI procured an enormous demand for equipment; this steady control has lasted for 67 years. FGI purchased an equipment manufacturing company to keep up with the demand (University of Phoenix, 2011). Increase Revenue The recession has caused a decline in the forestry states where FGI has majority profits originating from. Oregon, Washington, and several other forestry states have combatted fires, flooding, and hazards that derail work. To pursue methods, which will boost profit, help preserve market share, Thomas Money Service, Inc. parent company to FGI has opted to look into another industry outside of homebuilding. Executing a well strategize plan to move into an industry with a high-demand for buildings would increase the revenue. In this market structure there are few firms in which sell either a standardized or differential product, into which entry is difficult, and the firm has limited control over product price because of mutual interdependence, or in which there is typically nonprice competition (McConnell, Brue, & Flynn, 2009). The demand...
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...Biomass & Biofuel Biomass & Biofuel: The Future Umaer Ahmed SBI4U-03 Badgery, J. 01/02/13 Biomass & Biofuel: The Future Biofuels are a recent development that has stemmed a great deal of research into the issue of alternative energy. The energy that we get from biofuels originally came from the sun. This solar energy was captured through photosynthesis by the plants used as feedstock (raw materials) for biofuel production, and stored in the plants’ cells. This energy-containing biomass is converted into biofuel through biochemical, chemical, and thermo chemical conversion processes. For example, ethanol, today’s largest volume of biofuel, is produced through a biochemical process. In this process, yeasts ferment sugar from starch and sugar crops into ethanol. Most ethanol is produced from sugar canes and cornstarch. Biochemical conversion techniques allow us to make use of more abundant “cellulosic” biomass sources such as grass, trees, and agricultural residues. A simpler chemical process used to produce a biofuel is the production of biodiesel. Biodiesel facilities start with vegetable oils, seed oils, or animal fats and reacts them with methanol/ethanol in the presence of a catalyst. Algae and plants can serve as a natural source of oil which refineries can convert into jet fuel or diesel fuel. Once the biomass has been converted into biofuel, the biofuel is used...
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...Case Study: Indonesia, Asia’s Stumbling Giant What political factors explain Indonesia’s poor economic performance, what were the factors and were they related? From 1967 to 1998 President Suharto used a “crony capitalism” style of government to control his country, (Hill, 2013). In this style of government, leaders such as Suharto can favor the business enterprises of his supporters and family. Instead of placing money in the country’s infrastructure or possibly better ran companies, Suharto placed the countries money in failing enterprises. When President Suharto placed enough money into the failing businesses of Indonesia he eventually ran the countries debt up to over $43 billion, (Hill, 2013). When The International Monetary Fund stepped in to assist with these debts, the people of Indonesia were realizing where the money was really going back into companies that Suharto had an interest in. There was an uprising, and a democracy quickly moved in to replace Suharto’s dictatorship. The political and economic short fallings are very much related. Instead of President Suharto supporting the best companies for his country he supported failing companies. Instead of Suharto putting money into the infrastructure of his country, he placed money in his own pocket. Why do you think foreign firms exited Indonesia in the early 2000s, what were the implications and what is required to reverse the trend? Lack of infrastructure repairs placed 90% of the population without...
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...Sustainable Companies Sustainable development is a concept that looks to meet “the needs of the present without compromising the ability of future generations to meet their own needs” (Lawrence & Weber, 2011, p. 223). Weyerhaeuser and The Stow Company are two companies that are known for their production of sustainable products and their commitment to social responsibility. Weyerhaeuser has been in the business of making wood products for over 100 years. During this time, their commitment to the sustainability of the environment has been unwavering. Weyerhaeuser has always been concerned with the sustainability of the forests that they log and as environmental concerns have arisen and technological advances have been made, they have adapted their sustainability goals to include such things as a 10 percent reduction of waste water discharge, a 40 percent reduction of emissions, a 20 percent energy efficiency improvements in their facilities, a 10 percent reduction in solid waste, and a supplier code of ethics (Progress towards sustainability, 2011). Weyerhaeuser’s efforts to improve their social responsibility commitments has helped them to increase their net sales, revenues, and net earnings despite the housing market slump over the past 5 years (Financial results, 2011). Weyerhaeuser’s vision and mission statement is “to release the potential in trees to solve important problems for people and the planet. We do this through strong leadership, unwavering values,...
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...Module name: Perspectives on Business and Management Shopping for tomorrow: promoting sustainable consumption within food stores The aim of this review of a journal article is to evaluate the way the top ten food retailers in the UK foster the concept of sustainable consumption as well as to investigate how the retailers encourage their customers to be more environmentally friendly. The authors discuss the influence the large retailers in the UK have on the nation’s food buying behaviour and on reduction of waste. While they promote sustainable consumption they also prevent it with marketing strategies which encourage bulk buying. The authors have assessed the model of sustainable consumption the top ten food retailers are following. In recent years, there has been an increasing awareness about the concept of sustainable consumption. Although it is debatable and it is difficult to be given a clear definition this paper will use the one introduced by The United Nations Environment Programme (1995, cited in Jones et al, 2011, p. 938) who state that sustainable consumption is the reasonable balance between the use of services and manufactured goods needed to improve our quality of life and the reduction of the destructive impact on the environment during the process. Furthermore, there are two models of sustainable consumption: weak and strong. The former implies the idea of uncoupling economic growth from overuse of natural resources while the latter suggests a fundamental...
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...1. Executive Summary Ahorn is a maple syrup company that targets mainly middle and higher class customers around the Finger Lakes region in and New York City. Our company offers the best quality, pure, organic maple syrup that is made from Dutch trees, which are planted on our local farm in Elmira, NY. The maple syrup market is currently fluctuating due to the availability of other sweeteners and the sustainability of production along with the technological changes. However, with the different grades and quality of maple syrup the market has become very competitive. Ahorn, as an organic and the purest maple syrup, has a chance to succeed, especially when consumers tend to care about their health and the environment much more than they used to. This trend has created an industry, in which the demand for maple syrup is increasing but unfortunately the weather conditions and the long growth of maple trees go against the trend. Ahorn will therefore take an advantage of this large demand for maple syrup by positioning itself in the higher end of the market where many consumers look for healthy and environment friendly products. Ahorn Maple Syrup can be consumed by people of all ages because the majority of people enjoy having pancakes for breakfast with a great tasting maple syrup. Our product offers not only a great taste, but also great quality and is a 100% organic product. Our company’s largest competitions in the maple syrup market are Aunt Jemima, Mrs. Butterworth, Eggo and...
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...Sustainability 2010, 2, 3436-3448; doi:10.3390/su2113436 OPEN ACCESS sustainability ISSN 2071-1050 www.mdpi.com/journal/sustainability Review What is Sustainability? Tom Kuhlman 1,* and John Farrington 2 1 2 Agricultural Economics Research Institute, Wageningen University, P.O. Box 29703, 2502LS The Hague, The Netherlands Institute for Rural Research, Geography and Environment, University of Aberdeen, Elphinstone Road, Aberdeen AB24 3UF, Scotland, UK; E-Mail: j.farrington@abdn.ac.uk * Author to whom correspondence should be addressed; E-Mail: tom.kuhlman@wur.nl; Tel.: +31-70-3358-232; Fax: +31-70-3615-624. Received: 17 September 2010; in revised form: 15 October 2010 / Accepted: 19 October 2010 / Published: 1 November 2010 Abstract: Sustainability as a policy concept has its origin in the Brundtland Report of 1987. That document was concerned with the tension between the aspirations of mankind towards a better life on the one hand and the limitations imposed by nature on the other hand. In the course of time, the concept has been re-interpreted as encompassing three dimensions, namely social, economic and environmental. The paper argues that this change in meaning (a) obscures the real contradiction between the aims of welfare for all and environmental conservation; (b) risks diminishing the importance of the environmental dimension; and (c) separates social from economic aspects, which in reality are one and the same. It is proposed instead...
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...Green Depot: The Eco-Friendly Way Kaplan University In this report I will put into words my interpretations of the marketing mix of Green Depot. “The marketing mix is the set of controllable, tactical marketing tools that the firm blends to product the response it wants in the target market” (Armstrong & Kotler, 2010, p. 81). Marketing Mix Analysis Overview Green Depot is the eco-friendly version of Home Depot. Providing “environmentally friendly and sustainable building products, services and home solutions” (Green Depot, About us 2005). I would analyze the marketing mix of Green Depot as adequate. The company’s primary goal is incorporate “green living and building in communities so it is easy, affordable and gratifying” (Green depot, 2005). I choose only adequate because green living although in the future may be affordable currently it is in fact a bit expensive. This company was founded in 2005 by Sarah Beatty her purpose to make green services readily available and easily adopted into standard construction operations was successful. Green Depot has created a unique filter to gage whether or not the products are in fact “green”. This filter focuses on five categories air quality, local, social responsibility, energy conservation. By use of their “proprietary filter” Green Depot has been set apart from the greenwashing stigma “a form of corporate misrepresentation where the company will present a green public image and publicize green initiatives that...
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...Marketing American Western Art in China Lewis Clark State College Business 482-7501 Introduction Specializing in American Western and wildlife art, the idea of penetrating the Chinese art market is very intriguing, and it has been on the mind of art dealers of all genres for years. The first section of this paper will analyze China and the business experience including GDP, etiquette, negotiating, business attire, and banquet dinners. The next section will discuss China's market structure and direct foreign investors. Third, discusses China's demographics followed by advertising regulations. Finally, the Chinese art market will be introduced and in section two, a marketing strategy will be proposed to enter China's art market, create demand for American Western and wildlife art, and discuss strategic partnerships and co-branding opportunities. China And The Business Experience For centuries, China stood as a leading civilization, outpacing the rest of the world in the arts and sciences, but in the 19th and early 20th centuries, the country was beset by civil unrest, major famines, military defeats, and foreign occupation. After World War II, the communists under MAO Zedong established an autocratic socialist system that, while ensuring China's sovereignty, imposed strict controls over everyday life and cost the lives of tens of millions of people. After 1978, MAO's successor DENG Xiaoping and other leaders focused on market-oriented economic development...
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...Supply Chain Network Analysis and Design: Location Analysis PROC 5820 7 May 2014 Summary The principal thesis of this paper is to discuss location analysis and its role in supply chain network analysis and design. The emphasis of site location is of strategic importance to all organizations seeking to maximize profits and minimize costs. The logistics/supply chain network design has six major planning steps in the process of designing a comprehensive logistics/supply chain network: The first step is to define the logistics/supply chain design process. The second step is to perform a logistics/supply chain audit. The third step is to examine the logistics/supply chain network alternatives. The fourth step is to conduct a facility location analysis, followed by the fifth step, which is to make decisions regarding network and facility location. The sixth and final step is to develop an implementation plan. Location analysis is also discussed in terms of the advantages and disadvantages of globalization and major location site factors. The discussion then describes the methods for evaluating major location site factors and making location decisions based on the evaluation. The paper concludes with discussing different modeling approaches and the need for comprehensive planning. (Reid and Sanders, 2010) (Coyle, J., Langley, C., Novak, R., Gibson, B. 2013) Introduction As stated by Jeff Karrenbauer...
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...Investment Booklet December 2010 1. ATTRACTIVE INCENTIVES FOR INVESTORS The most competitive Free Trade Zone in Latin America: 15% Income Tax as well as the possibility to sell to local markets • • • • • A single 15% income tax rate, allowing sales in the local market. No customs taxes (VAT and customs duties). VAT exemption for raw materials, inputs and finished goods sold from the national customs territory to industrial Free Trade Zone users. Exports made from Free Trade Zones to foreign countries (except Peru) benefit from international trade agreements. No customs taxes on machinery, related directly to the business operation which is imported from abroad and entered into the FTZ. Single Enterprise Free Trade Zone (SEFTZ): Investors can take advantage of the benefits provided by the Free Trade Zones even by locating out of a Permanent Free Trade Zone. Investors can sign Legal Stability Contracts with the Colombian Government In order to promote new investments and expand existing ones, the government provides investors the option to sign a Legal Stability Contract, securing key conditions for investment promotion. Companies must meet the following requirements: • • • Minimum investment of USD 1,930,000 . Investors must pay a premium to the government equivalent to 1% of the investment. The period of the contract can last between 3 and 20 years. 1 . Income Tax deductible expenses Among the deductions included are the following: • 100% of the amount paid for...
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...Jonathan P. Doh and Terrence R. Guay GLOBALIZATION AND CORPORATE SOCIAL RESPONSIBILITY: HOW NONGOVERNMENTAL ORGANIZATIONS INFLUENCE LABOR AND ENVIRONMENTAL CODES OF CONDUCT Abstract • Concerns over the potential negative spillovers from globalization have resulted in increasing demands for multinational corporations (MNCs) to adhere to international standards and codes of responsibility. Nongovernmental organizations (NGOs) have been important advocates for development and adoption of these standards and codes. • In this paper, we provide a brief review of the emergence of NGOs and their influence on debates about globalization, and a specific assessment of NGO efforts to promote stronger labor and environmental policies of multinational corporations. • We examine the role of NGOs in development and enforcement of twelve international agreements and codes of conduct addressing labor issues and environmental practices. We use findings from these cases and insights from international business and other managerial theory to develop propositions that explain the circumstances under which NGOs have more or less influence in developing and enforcing international codes. Key Results • We suggest NGOs will achieve the greatest impact on codes of conduct when: 1) they intervene early in the code development process; 2) they forge transnational coalitions with other organizations, including other NGOs, MNCs, and governments; 3) codes are devised...
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...forecasts and inadequate research and extension. By lessening the severity of key damages to the agricultural sector, adaptation is the key defensive measure. Adaptation to climate change involves changes in agricultural management practices in response to changes in climate conditions. This paper reviews agricultural adaptation strategies employed by farmers in various countries in Africa in cushioning the effects of climate change. The common agricultural adaptation strategies used by farmers were the use of drought resistant varieties of crops, crop diversification, change in cropping pattern and calendar of planting, conserving soil moisture through appropriate tillage methods, improving irrigation efficiency and afforestation and agro-forestry. The paper concluded that improving and strengthening human capital through training, outreach programmes, extension services at all levels may improve capacity to adapt to climate change impact. Key words: Adaptation strategies, agriculture, climate change, impacts and Africa....
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...Be it resolved that wealthy countries should increase their foreign aid. Foreign aid is economic, technical, or military aid given by one nation to another for purposes of relief and rehabilitation, economic stabilization, or for mutual defence (Dictionary.Reference). According to Ranking The Rich “foreign aid is pragmatic and principled...in a globalizing world, rich countries cannot insulate themselves from insecurity” (Ranking The Rich, 2004). Our world contains “global cities” meaning; nations tend to be more closely related to each other than they are within their own borders. Therefore what happens globally also has an impact locally because everyone belongs to the global community and if there is an occurrence wealthy countries need to contribute because it has an impact on their own people as well. (Streger, 2010, p.83). Foreign aid should be implemented by wealthy countries to help relieve the oppressed developing countries from downturns because of agriculture changes caused by global warming which in turn causes cultivation to decrease and as a result, less trade among nations for the products. This paper will also go into the analysis of democracy as being beneficial for individuals and society as a whole. Individuals are universally correlated to each other on this planet through the air they breathe, the climate, the food and the water that they drink. (Streger, 2010, 108). According to this statement individuals are boundless, and green house...
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