...Bob Cleever 4 October 2011 Professor Andac Arikan AACSB Case Report The car industry is a very powerful industry worldwide. Though it has faced many challenges through the decades, car manufacturers have managed to create strategies needed to keep their firms afloat. This report will touch on the different forces that affect the industry and what manufacturers have done to counter them. The most interesting factor about the global automobile industry in the last decade is that the economic challenges that it faced were not even caused by the industry itself. The housing market crash of 2008 and the recession that U.S. went under during this time was what affected the automobile market the most, decreasing sales and creating billions of dollars in losses that had not been seen since the 60’s. Even the biggest manufacturers that we never thought would fail like GM and Chrysler faced bankruptcy and received government aid to survive the recession. The case illustrates the affects and reactions that took place in the automobile industry for its survival against bankruptcy. Although the housing market is different from the automobile industry, it took the automobile industry on the same downward spiral. Threats of New Entrants The threats of new entrants are relatively low in the automobile industry. Not many companies start a brand new car line from scratch. However, many existing companies create new car lines that target a brand new segment or buy another company...
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... “To Study the Current Market Scenario and the Future Prospect of Leather Chemical Industry of Bangladesh” Internship Report Submitted To: MR. AZMAL HOSSAIN Executive Director ACI Trading Limited. Submitted By: Mohammad Tawhid Reaz Internee, ACI Trading Limited. [pic] A D V A N C E D C H E M I C A L I N D U S T R I S L I M I T E D 245, Tejgaon Industries Area, Dhaka- 1208. Date: 25 June, 2006. June 24, 2006 Mr. Golam Mohammed Chowdhury Chairman Internship & Placement Office Institute of Business Administration University of Dhaka Dhaka-1000 Dear Sir: Subject: Internship Report on “To study the current market scenario and the future prospect of the leather chemical industry of Bangladesh”. It is my pleasure to present this Report on “To study the current market scenario and the future prospect of the leather chemical industry of Bangladesh” as a requirement for completing my Masters in Business Administration with concentration in Marketing. The report presents my findings and analyses on the Leather chemical industry of Bangladesh and the project I worked on for the last 10 weeks in ACI Trading Limited. I am grateful to you and my supervisors; Mr. Mustaque Ahmed, Assistant Professor, IBA and Dr. Azmal Hussain, Executive Director, ACI Trading Limited, for giving me the opportunity to carry out this report. With kind regards Sincerely yours, Mohammad Tawhid Reaz Roll 037 Batch...
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...Industry Report Jim Bob Cooter MANGT 595: Mo/Wed/Fri 1:30 3/4/16 Industry overview: use a maximum of 2 paragraphs to define the industry (e.g., major customer needs met), history, and average profitability. The overview should be as focused as possible The game of golf has been on this Earth for many many centuries. Starting in Scotland in the 15th century the game of golf most likely was brought to the United States when Europeans migrated here. According to an article on Livestrong.com titled “Early History of Golf in the United States”, we know that golf dates back as early as the 1600’s. The article states that two men in Albany, New York were documented being arrested for being drunk and breaking windows by hitting balls with their clubs. Jump ahead to 1744, the article states that shipping records document golf equipment being shipped from Scotland directly to the Savannah Golf Club in Georgia. This evidence tells us that the sport of golf arrived in the United States as early as the mid 1600’s. The golf industry continues to have it’s ups and downs, but the truth is that the future of the golf industry is looking up. According to a Forbes.com article titled “The State Of The Golf Industry In 2015”, CEO of World Golf Foundation, Steve Mona, was quoted saying that about 25 million Americans participate in the sport of golf as of 2015. Over 455 million rounds are played annually at about 15,350 golf courses around the U.S. The golf industry alone is practically...
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... Partly as a consequence, many manufacturing companies have taken the strategic decision to move to higher quality or specification products, which command a price premium in the market, with a hopeful corresponding impact on margins. The UK Textiles Industry is no exception to this trend and many companies that were unable to diversify, or had niche markets that proved unsustainable, have been taken over or ceased trading with the loss of many job opportunities. The Textiles Industry is important to the Scottish economy. It employs 22,000 people and with an output of £1.2 billion contributes £500 million to the country’s manufactured exports. The Scottish Borders is heavily dependent on this industry and in particular knitwear, which employs around 4,000 people. Recognising the sensitivity of the knitting and weaving sectors to the economy in the Scottish Borders, and following the successful action against the punitive import duties proposed by the USA government arising from the ‘Banana War’ incident, Scottish Enterprise Borders secured public sector funding from Scottish Enterprise and ultimately the EU, to establish a support mechanism for the industry. The Cashmere Made in Scotland Promotion began operation in 1997 and was aimed at encouraging manufacturers to move more heavily into the high value cashmere market. The promotion was geared to...
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...WINE INDUSTRY REPORT Expert Report on the Profitability & Dynamics of the Australian Wine Industry PREPARED FOR WINEMAKERS FEDERATION OF AUSTRALIA BY CENTAURUS PARTNERS – AUGUST 2013 This proposal is solely for the use of WFA. No part of it may be circulated, quoted or reproduced for distribution outside the addressees without prior written approval from Centaurus Partners. 2 Expert Report on the Profitability and Dynamics of the Australian Wine Industry Centaurus Partners INTRODUCTION AND REPORT CONTENTS The Australian (and global) wine industry is highly fragmented with many different business models, and significant variations in performance. Players within the industry make decisions based on their individual position, strategy and view of economic fundamentals. The intention of this review is to provide facts and perspectives to help WFA determine where it should focus its industry efforts and how it can support individual participants in their decision-making processes. The Report has four sections: ummary Findings of the Expert Review S ecommendations for the WFA Board to Consider R xecutive Summary of the Fact Base Supporting the Findings and Recommendations E Appendices • Recommended Next Steps for WFA • Overview of Approach, Analysis, and Sources • dditional Analyses and Exhibits—Available on the WFA Website www.wfa.org.au/review A Segment Definitions. To enable clear evaluation of the Australian...
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...Introduction to the industry Metals have accompanied mankind since ancient ages, and steel, if we begin to follow it from the moment of its historically famed damascene form - for some millennia. From the era of craftsman-like small-scale production to today's form of industrial mass production, steel has covered an intricate path lined with significant innovations in production processes, development of range and quality of products, and perpetually growing productivity of labour, improving economies and ecological load. In addition, a radical change in relationship to the customers is occuring at the end of this century, namely by a pronounced shift of readiness towards the needs and requirements of these customers. Steel's indisputable significance is confirmed by the fact that it has become the second most mass-produced commodity after cement production, attaining the world-wide production volume of approx. 750 mil tons yearly. The art of iron production from ore arose in connection with the practices of copper and lead technologies in Anatolya, in northern Syria and possibly also in part of Iran. Iron ores were added as fluxes for treatment of sulphide copper ores. Iron drops, which the local manufacturers identified already 3000 years BC, comparing these with meteoritic iron, already hinted at the existence of the possibility of producing iron, but this only occurred practically 15 centuries later. Since that time, it is necessary to reckon that only small amounts of this...
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...[pic] Sales fell more than a fifth as competition intensifies in UAE. RELATED ARTICLES: Union Cement Company third quarter net falls 51% | UAE competition forces Oman cement price down 25% | RAK Cement posts US$1.07m loss on tighter market Union Cement Company said it made a net loss of AED 22.3 million last year, with sales declining just over a fifth against 2009, as values and volumes of orders evaporated returns. The Abu Dhabi-listed maker of cement and clinker said the loss compares to an AED 65.1 million net profit the previous year. Revenues fell 20.7% to AED 554.7 million from AED 699.8 million, with gross profits falling to AED 31.9 million from AED 132.2 million. UAE cement companies have seen profits erode over the last 12 months as a drought in projects – mainly in Dubai - has seen steep falls in the volume and value of orders. Some suppliers have been selling into the Oman market to remain in the black, according to analysts and executives at Raysut Cement Company, an Oman producer. Story continues below [pic] |Advertisement |[pic]| | |[pic] | |FEATURED COMMENT | | | |Please click here to comment on this article | A fall in finance income and an AED 1 million loss through...
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...|BA 630 | |Industry Analysis | |The Beer Industry | |Spring 2010 | [pic] Beer Industry The term beer means “…any beverage brewed from a starch (or farinaceous) grain. Because the grain is made into a malt, another term for beer is malt liquor”. (The Beer Industry) According to the North American Industry Classification System, the beer industry is found in section 312: Beverage and Tobacco Product Manufacturing. NAICS states that “Industries in the Beverage and Tobacco Product Manufacturing subsector manufacture beverages and tobacco products. The industry group, Beverage Manufacturing, includes three types of establishments: (1) those that manufacture nonalcoholic beverages; (2) those that manufacture alcoholic beverages through the fermentation process; and (3) those that produce distilled alcoholic beverages…” Although beer is within the same section as wine and distilled spirits, they do not consider them the same. Within section 312 they have five separate sections: Beer can be found under section 312120 Breweries. Within this section the term...
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...Industry Analysts, Inc. Comparitive Analysis A Comparative Analysis of Hewlett Packard Web Jetadmin 10.0 compared to Web Jetadmin 8.1 Prepared by: Industry Analysts, Inc. July 10, 2007 © 2007 Industry Analysts, Inc. • www.industryanalysts.com Page 2 IATSD Competitive Test Report This Page Intentionally Left Blank © 2007 Industry Analysts, Inc. • www.industryanalysts.com Page 3 IATSD Competitive Test Report A Comparative Analysis of HP Web Jetadmin 10.0 versus Web Jetadmin 8.1 As part of the rollout of the new Web Jetadmin 10.0 Printer/Fleet Management Utility, Hewlett Packard engaged Industry Analysts, Inc., an Independent Testing and Research company, to conduct a detailed comparative analysis. The object of this analysis was to document the benefits of the improvements made in the new Web Jetadmin 10.0 (WJA 10.0) release as compared to the previous Web Jetadmin 8.1 (WJA 8.1) release. The analysis was conducted at Industry Analysts, Inc.’s Technical Services Division in Fairfield New Jersey, and was performed using the latest downloadable version of Web Jetadmin 8.1, which was downloaded from Hewlett Packard’s web site, and the Beta 1 and Beta 2 versions of Web Jetadmin 10.0 supplied to IATSD by Hewlett Packard under nondisclosure prior to it’s official announcement, release, and availability. The protocol consisted of examining both Web Jetadmin releases in specified areas, detailing the differences found between the versions and describing...
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...1.0 Introduction Armco Inc. is a steel manufacturer that used to be the sixth largest in its industry in US (in 1990). The Kansas City Works within its Midwestern Steel Division was hit by the decline in the business in the US steel industry despite its good performance in the past. Consequently, it downsized and incurred significant losses in most of the 1980s. This entity produces two primary products including grinding media and carbon wire rod, one being recognized in the industry for its durability while the later being non profitable and only covering some of its fixed costs through volume. 2.0 What’s wrong with the old system? (a) Inconsistency with organization’s strategy The Objective of Armco Inc. is maximizing profits and sustaining its position among the leaders in the US manufacturing steel industry. To achieve this objective, Armco has adopted a cost leadership strategy with a broad appeal and has managed to grow bigger through joint ventures and expansion of its product lines in implementing its strategy. However, the strategy adopted by the Kansas City Works is based on differentiation due to its cost disadvantages such as union labor costs and inefficient plant infrastructure.Union labor costs in Kansas City were higher than those of some of its nonunion competitors, particularly those located in the Southeastern U.S. and non-U.S. locations. The Works had an inefficient plant infrastructure because the plant was designed to accommodate five times as many employees...
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............................................................................ P. 7 Clarity ......................................................................................................... P. 8 Conclusion .................................................................................................... P. 9 Bibliography .............................................................................................. P. 10 Introduction Global Reporting Initiative (GRI) is provides the globally applicable guidelines to business organization that voluntary use to design and ensure the quality of their sustainability reports. GRI framework is helping the organization to measure and report the sustainability report’s three aspects that includes economics, environmental and social performance. This framework can be used in any size, industry or location. (G3 guideline, p2) Bel Group is a global brand which supplies different type of cheese and provide food service. Headquarters of Bel Group is in France. It provides their product to...
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...Ethics Case | | BYP1-6 | | Wayne Terrago, controller for Robbin Industries, was reviewing production cost reports for the year. One amount in these reports continued to bother him—advertising. During the year, the company had instituted an expensive advertising campaign to sell some of its slower-moving products. It was still too early to tell whether the advertising campaign was successful.There had been much internal debate as how to report advertising cost. The vice president of finance argued that advertising costs should be reported as a cost of production, just like direct materials and direct labor. He therefore recommended that this cost be identified as manufacturing overhead and reported as part of inventory costs until sold. Others disagreed. Terrago believed that this cost should be reported as an expense of the current period, based on the conservatism principle. Others argued that it should be reported as Prepaid Advertising and reported as a current asset.The president finally had to decide the issue. He argued that these costs should be reported as inventory. His arguments were practical ones. He noted that the company was experiencing financial difficulty and expensing this amount in the current period might jeopardize a planned bond offering. Also, by reporting the advertising costs as inventory rather than as prepaid advertising, less attention would be directed to it by the financial community. | | Instructions | (a) | Who are the stakeholders...
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...System for MedicalSales Force Automation System for Medical RepresentativesRepresentatives 2. 2. MRWebMRWebPlusPlus is an innovative solution to serve the specific needs ofis an innovative solution to serve the specific needs of the Pharmaceutical Industry to increase sales throughthe Pharmaceutical Industry to increase sales through better customer relationship management.better customer relationship management. 3. 3. MRWebPlus deliversMRWebPlus delivers Online ReportingOnline Reporting Ease of UseEase of Use Low Cost of OwnershipLow Cost of Ownership needed to succeed in today’s challengingneeded to succeed in today’s challenging business environment.business environment. 4. 4. Monthly processMonthly process Reports give out meaningful info which help MRs to perform better ASM can generate Employee Activity Report Product and doctor wise details of promotion, Call Monitoring Report etc ASM can generate Daily call summary Territory wise sales analysis etc MR enters Daily Call Report MR makes daily sales calls to doctors ASM approves Tour Program MR enters Tour ProgramMR enters Tour Program for the monthfor the month starts here MRWebPlusMRWebPlus 5. 5. MRs do not submit call reports on timeMRs do not submit call reports on time Collation of data is tediousCollation of data is tedious Productivity of the sales team is unknownProductivity of the sales team is unknown Analysis of data is time consumingAnalysis of data is time consuming Online tracking of sales team’s...
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...A Guide to Report Writing September 2008 CONTENTS Page 1. 2 INTRODUCTION ..............................................................................................................................1 PREPARATION ................................................................................................................................2 2.1 2.2 2.3 2.4 3 INTRODUCTION .......................................................................................................................2 PURPOSE ..............................................................................................................................2 PLANNING ..............................................................................................................................2 RESEARCH ............................................................................................................................2 CONTENTS OF A REPORT ............................................................................................................3 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 INTRODUCTION .......................................................................................................................3 TITLE PAGE ...........................................................................................................................3 CONTENTS PAGE ...................................................................................................................3 THE SUMMARY ....
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...controller was assigned to each of the seven divisions, and they reported to the general manager of their respective division. Frank Bevins, Rendell’s corporate controller, was concerned about the organizational status of his divisional controllers, as they do not report directly to him. Consequently, the company was experiencing difficulties in implementing its modern control techniques due to the strained relationship between the corporate controller and the divisional controllers. Problem Identification The primary problem faced by Frank Bevins was that he felt he was not obtaining adequate information from the divisional controllers regarding the divisions’ budget and performance reporting. He suspected that it was due to the fact that the divisional controllers reported to their respective division’s general manager. The controllers’ primary loyalty was therefore to their division’s general manager, hence a biased report to the corporate controller. Bevins was facing a dilemma of whether or not Rendell should restructure its organization in such a way that would rectify this issue. Case Analysis The divisional controller’s task was to assist the general manager in budgeting and providing performance report. Although the divisional controllers adhered to the accounting standard for budgeting and reporting performance specified by the corporate controller, it...
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