...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 found itself facing...
Words: 1668 - Pages: 7
...Introduction Caterpillar Inc., probably better known as “CAT” throughout the world, headquartered in Peoria, Illinois, is a world leader in the manufacture of construction and mining equipment to include diesel and natural gas engines. It also has a financial services branch, Caterpillar Financial Services, earning approximately 7% of Caterpillar’s revenue by providing financing to many of Caterpillar’s customers who purchase its construction and mining equipment (Caterpillar, Inc., 2012). Caterpillar, today, is an extremely profitable and successful corporation indicative of the results it reported in its most recent quarterly report. Its 2012 earnings per share of $2.54, a quarterly record, is a 67% increase over its 2011 second quarter reported earnings per share. Revenues, likewise, set a record at the staggering number of $17.374 billion easily trumping its 2011 second quarter revenues of $14.230 billion. High revenues translated to record profits of $1.699 billion, an eye opening increase over the last year’s quarterly profits of $1.015 billion, a 67% increase (Caterpillar, Inc., 2012). Caterpillar trades on the New York Stock Exchange and closed today at $86.62, about the middle of its 52 week trading range (Market, 2012). Caterpillar’s profit outlook for the remainder of 2012 is very optimistic. Its projects its sales and revenues to be between $68 and $70 billion earning a profit of $9.60/share vice Caterpillar’s earlier forecast of approximately the same...
Words: 3556 - Pages: 15
...report provides a brief overview of Keppel’s main businesses. The focal point of interest would be on the offshore and marine industry. Multiple industry and strategy analysis frameworks will be used to analyze the factors affecting the sustainable development of Keppel Corporation in order to determine underlying reasons for its dilemmas and to provide recommendations for mitigation. Foundations of Strategic Management Final Project for Group 6: Shreya Garg Rohit Tatineni Guo Yao Huang Xingyu Tan Choon Long Martin Table of Contents 1. Keppel Corporation- A Brief History 3 2. Offshore and Marine Industry in Singapore 4 Strategic positioning of Singapore 4 Existing opportunities and threats in the industry 5 Industry outlook 6 3. Analysis of Keppel O&M’s business philosophy 7 Potential risks and challenges 8 4. The Business Dilemma 8 Underlying Reasons of the Dilemma 9 Geographic over-concentration 9 Fluctuating oil prices 9 Technological challenges in deep-water exploration 9 VRIO Analysis 12 6. Recommendations to resolve the dilemmas 13 Diversification for Keppel Corporation 13 First Mover Advantage in Technological Advancement for O&M sector 14 Long term contracts...
Words: 5820 - Pages: 24
...OPEC OIL IN 2010: ECONOMIC EVENTS, TRENDS IN DEMAND AND SUPPLY AND IMPACT ON PRICES Etuwat James J.O., American University of Leadership, 2012 1.0 INTRODUCTION This submission is on an organization known by its acronym OPEC but its full name is Organization of the Petroleum Exporting Countries. The write up seeks to identify economic events related to 2010 that have influenced the trends of the supply and demand of OPEC oil and the impact of these events on oil prices. My focus will be on the period of 2010 and to an extent prior to that year. According to their website (OPEC 2012) , the Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization and was created in the Iraq capital of Baghdad after endorsement of accord in 1960 by the founding members, Kuwait, Iraq, Saudi Arabia, Islamic Republic of Iran and Venezuela. Others came in later in alphabetical order: Algeria (1969), Angola (2007), Ecuador (1973), Gabon (1975), Indonesia (1962), Libya (1962), Nigeria (1971), Qatar (1961), United Arab Emirates (1967). However, Ecuador deferred its membership in the period December 1992 to October 2007, Gabon ceased its attachment in 1995. Indonesia shelved its commitment from January 2009. At the moment, OPEC has Member Nations. OPEC had its head office in Geneva, Switzerland, for five years since its creation but transferred Vienna, Austria in 1965. The governing charter of OPEC differentiates between the Founder Members and Full Members...
Words: 3328 - Pages: 14
...2010-2020 Labour Market Outlook BRITISH COLUMBIA 2010 - 2020 Labour Market Outlook Contents Preface Highlights Introduction Economic and Labour Market Outlook Occupation Outlook Conclusions Appendix 1 Appendix 2 Appendix 3 02 03 05 05 07 09 10 12 13 British Columbia Labour Market Outlook: 2010-2020 [1] Labour Market OutlookL { } B.C. Labour Market Outlook, 2010 - 2020 Preface The Ministry of Jobs, Tourism and Innovation is pleased to present the second edition of the B.C. Labour Market Outlook in partnership with BC Stats and the Ministry of Finance. This edition provides labour market demand and supply forecasts for B.C. and its regions from 2010 to 2020, based on output from the B.C. Labour Market Scenario Model. Over one million job openings are expected in B.C. from 2010 to 2020 The B.C. Labour Market Scenario Model is a tool that helps us understand the likely future of regional and provincial labour markets. Developed by the Province in 2009, the information the Model provides helps citizens, employers and government to accurately forecast future demand and supply for a range of occupations. The Outlook seeks to identify significant trends for the labour market of the future that can inform decisionmaking, based on statistical data, assumptions, and consultation with industry and other stakeholders. However, within particular occupations and regions there may be unique conditions that are not captured in this analysis. Assumptions and conditions...
Words: 7933 - Pages: 32
...Global Warming in Texas ECON 410-Environmental Economics Content Introduction Page 2 Question Page 2 Answer Page 2 Conclusion Page 3 References Page 3 Global Warming in Texas Introduction The purpose of this paper is to identify an effective economic solution and to answer a question involving the impact of global warming in Texas. Questions What valuation technique would you use to measure the value of improving the environment to a defined level? What are some drawbacks to using this technique? How would you minimize problems associated with this technique? What are the explicit and implicit costs of the policy proposal to use tougher controls/standards for environmental improvement to your concern and explain the implicit and explicit costs involved? Answer The best valuation technique to use to prevent global warming would be the use of wind energy. I believe the use of the windmill will be a good measure and will quickly improve the environment. The cost of operating wind energy is more expensive, but I think our environment is well worth the cost. Some drawbacks of wind energy include, noise disturbances which all though wind energy are non-polluting, and the windmills may create some amount of noise when it’s turning. Wildlife can also be threatened due to large scale construction of wind turbines in remote locations, so it could cause a threat to wild...
Words: 550 - Pages: 3
...Business Proposal Objectives: You will apply economic principles presented in Weeks One through Three in this week's assignment. Your assignment will be reviewed by your peers and by your facilitator in week five and should be revised as necessary based on feedback as the first part of the final assignment in week six. Select a new, realistic good or service for an existing industry. Write the economic analysis section of a business proposal. This will include statements about the market structure and the elasticity of demand for the good or service, based on text book principles. You need to create hypothetical data, based on similar real world products to estimate fixed and variable costs. Required Elements: * Identify market structure * Identify elasticity of the product * Include rationale for the following questions: * How will pricing relate to elasticity of your product? * How will changes in the quantity supplied as a result of your pricing decisions affect marginal cost and marginal revenue? * Besides your pricing decisions, what are your suggested nonpricing strategies? What nonpricing strategies will you use to increase barriers to entry? * How could changes in your business operations alter the mix of fixed and variable costs in line with your strategy? * No more than 1400 words * Your proposal is consistent with APA guidelines Business Proposal - Thomas Money Service, Inc. Scenario The following pages...
Words: 4179 - Pages: 17
................................................... 3 The Oil Industry in the Philippines ................................................................................................... 4 2. 2.1. The Philippine Economy ........................................................................................................... 4 2.2. The Oil Industry .......................................................................................................................... 4 2.2.1. Car Buying Boom .................................................................................................. 4 2.2.2. Market Share ........................................................................................................ 4 2.2.3. Global Oil Market...
Words: 6514 - Pages: 27
...Foreword KPMG Foreword Executive Summary Acronyms Used Methodology Coverage and Scope Setting the Context Value Creation Strategies Key External Drivers and Issues Key Internal Issues End-Use Industry Views EPC Industry in India Action Agenda for Sustained Growth Acknowledgements About Chemtech About KPMG in India 48 51 52 52 2 3 4 4 8 8 10 17 22 29 33 |1 | EPC Industry in India: Issues and Challenges EPC Report New.indd 1 2/20/2011 8:13:28 PM CHEMTECH Foreword trong infrastructure and industry are critical for India as the country sees leapfrogging growth. As far as both these sectors are concerned, India is in a sweet spot, which has created multitude of opportunities in the fields of engineering, capital goods and construction. S Though, India has witnessed significant investments in both industrial and infrastructure space, the growth has remained restricted due to various weaknesses of the Indian EPC industry and difficulties for the foreign players to ply in the market. Jasu Shah Founder & Chairman, CHEMTECH Foundation At this juncture, it is an imperative to address the challenges, which restrict the growth of this sector in India and will continue to repress industrial development lest addressed. CHEMTECH has made an attempt to address the issues faced by the EPC industry through each edition of its international conference, EPC World Expo. Renowned speakers from world over have deliberated over the topical issues that must be resolved to accelerate...
Words: 19229 - Pages: 77
...SHARJAH HIGHER COLLEGES OF TECHNOLOGY PROJECT COVER SHEET- (ASSESSMENT 2) [20%] Course Name | ECON N400 | Faculty Name | Angelo Olo | Project Title | Outlook of the UAE Economy | Due Date | Nov. 4, 2012 | Section | | Date Submitted | 3-11-2012 | Student Name | --- | Student ID | --- | This assessment will assess the following Learning outcomes: This assessment will assess the following learning outcomes: * LO 2: Analyze patterns of economic activity in the UAE from an oil-based economy to development of the non-oil sector. * LO 3: Evaluate the role of the non-oil sectors on the UAE economy. Declaration; Individual: * No part of this assignment has been copied from another source, (not from another group or student, an internet source or a book). * When another person’s words are used, this is shown in the text with “…” and referenced. * No part of this assignment has been written for me by any other person. * I have a copy of this assignment that I can produce if the first copy is lost or damaged.Name ………………………………………………… Signature …………………………………………….Declaration; Group: * No part of this assignment has been copied from another source, (not from another group or student, an internet source or a book). * When another person’s words are used, this is shown in the text with “…” and referenced. * No part of this assignment has been written by anyone other than the members of the group named below. * We have a copy of this assignment that...
Words: 2063 - Pages: 9
...CHINA February 2012 EDC ECONOMICS MARKET SPOTLIGHT: Real GDP grew 9.2% in 2011, a marked slowdown from the 10.4% pace of 2010. A sharp slowdown in real estate construction activity, as a result of past excesses, and weak demand from Europe will result in growth slowing to 8.0% in 2012, with the slowdown occurring in the first half. However, inflationary pressures are abating rapidly, giving room to ease if necessary. The key downside risk to the outlook is the impact of the real estate slowdown on the financial sector and local authorities’ fiscal position, both of which should be contained. Economic Credit Agencies Moody’s: Aa3 S&P: AAFitch: A+ Nominal GDP (2010) USD 5,878 bn Population (2010) 1,341.4 millions Total Trade / GDP (2010) 50.6% Currency Yuan (Renminbi) Exchange regime Crawling peg Merchandise imports from Canada (2010) CAD 12,880 million Main sources of Foreign Exchange (excl. FDI) Manufactured exports Main Merchandise Export Destination European Union (20%) Main imports E&E equipment (24%) Industrial M&E (21%) Risks to the Outlook Second stimulus package; Monetary and credit loosening Real estate bubble burst; Debt crisis in Europe Recent performance: Official real GDP growth slowed again in Q4, rising 8.9% y/y from 9.1% y/y in Q3. However, EDC Economics’ estimate of seasonally adjusted real GDP growth shows that growth accelerated for a second consecutive quarter, to 9.1% q/q (annualized) from 8.1% in Q3. Strong US holiday shopping and some inventory rebuilding...
Words: 1919 - Pages: 8
...Percentages The predominant industry in Saudi Arabia is Oil Exportation which is Agricultural/Service based. Saudi Arabia ranks as the global leader in petroleum exporting, it currently possesses 18% of the world’s petroleum reserves. The petroleum sector accounts for roughly 80% of budget revenues, 45% of GDP, and 90% of export earnings. B: Describe major products/services produced, exported, imported Profucts/Services Produced: Remains largely dependent on the production and export of oil. Saudi Arabia produces more oil and natural gas liquids than any other country in the world, more than 9 million barrels per day. Imports: Increasing demands for consumer goods in Saudi Arabia have driven up overall imports a trend that is expected to continue for the foreseeable future.. The largest categories of imported goods are machinery and vehicles, which make up more than 50 percent of all imports, as well as appliances, electrical equipment, sound and television apparatus, aircraft, and cars. In addition, the United States is Saudi Arabia’s leading source of imports for military equipment, machinery, foodstuffs, and transport equipment. The European countries, including Germany, France, and Britain, are other leading suppliers. Exports: Roughly 90 percent of Saudi exports are related to oil also including petrochemicals, plastics, construction materials (mainly cement); agricultural products make up the remainder of Saudi exports. Merchandise exports mainly oil and petroleum products...
Words: 563 - Pages: 3
...KUBOTA in Brazil Aaron Bair Josh Burns Hailey Duff Erin Franklin Kelsey Youngblut December 2, 2013 Table of Contents Introduction ................................................................................................................................................. 1 Executive Summary ..................................................................................................................................... 2 Feasibility Analysis ..................................................................................................................................... 4 Economic Analysis ...................................................................................................................................... 6 Political and Legal Environment Analysis .................................................................................................. 7 Cultural and Ethical Analysis ...................................................................................................................... 8 Resource Analysis ....................................................................................................................................... 9 SWOT Analysis .............................................................................................................................
Words: 7429 - Pages: 30
...recent years, the average income in China has steadily gone up as China’s labor cost has grown by over 60 percent since 2009. However, Vietnam’s labor cost is 40 percent of that in China, while in Bangladesh and Myanmar labor costs are as little as one-fifth of China’s labor cost.9 Other factors are also contributing to foreign manufacturers’ profit decline in China, such as: the appreciation of the Renminbi, variability of various local tax rates, stricter regulations on environment protection, as well as government’s policies towards a more service-based economy. In addition to cheaper labor cost, some Southeast Asian countries have put more effort into attracting foreign investment, such as lowering or exempting import tariffs on equipment required by manufacturing activities. However, unsettled political situations, undeveloped infrastructure, unskilled workers, incomplete industry chain systems, and a smaller domestic market in the Southeast Asian countries remain the biggest concerns for foreign investors. Throughout the years, China is still remains competitive manufacturing base while some foreign manufacturers moved out and relocated to Southeast Asia. Many foreign manufacturers have formed relationships with the Chinese government and customers while operating in China. Some foreign manufacturers said they would keep close observation on both China and Southeast Asia and they would like to stay in China if operation costs do not inflate to unsustainable levels. Meanwhile...
Words: 4004 - Pages: 17
...Executive Summary John Deere & Company was founded in 1837 by a blacksmith named John Deere who built an empire as a manufacturer of agricultural equipment with his invention of a newly designed plow as stated in the company website (“History”, 2013). Deere is deeply rooted in the agriculture sector which is reflected by their manufacturing of farm equipment and development of efficient farming strategies, logistics, and products. The company has grown to be one of the world’s largest and most recognized manufacturers of agricultural, construction, and forestry equipment. After a thorough analysis of John Deere’s financial position and marketing strategies, the state of the organization is strong but there is still room for improvement. Key opportunities exist to accelerate future growth through investment in new projects that will create important value for the organization. John Deere must protect the brand’s reputation by addressing potential performance issues in the product line. Global operations are also a critical sector of John Deere’s growth strategy. Opportunities in India, China, and Brazil present the most attractive option for increased production and sale. The main focus of this strategic plan is to continue to aggressively pursue the global strategy while being very transparent and focusing on building strong business relationships. John Deere & Co. must make their presence, mission, and core values well known in foreign markets. This can be achieved...
Words: 6417 - Pages: 26
