...DeVry University Pomona, California Swot Analysis of John Deere Symbol on NYSE : DE By Eduardo Elizarraras 11307 Spy Glass Hill Road, Whittier, CA 90601 626-246-4747 elizarra1553@roadrunner.com Submitted in Partial Fulfillment of the Course Requirements for Introduction to Business BUSN 115 Professor Tom Donini March 21, 2010 Company Profile John Deere (Deere & Company — NYSE: DE) is a world leader in providing technologically advanced machinery for agriculture, forestry, construction, lawn and turf care, and all sorts of landscaping. John Deere also provides financial services worldwide. Deere & Company as it is known on the New York Stock Exchange manufactures and markets heavy machinery and engines used in heavy equipment. The company was founded by a blacksmith named John Deere. John Deere moved from Vermont to Illinois and immediately set up a blacksmith shop in 1837. John Deere developed a better plow for the tougher soil found in the Midwest and from there John Deere was established. Today John Deere Construction & Forestry produces more than 120 machine models and distributes its construction, forestry and worksite products through a network of more than 1,300 dealer locations worldwide. The company employs more than 50,000 people worldwide. John Deere’s Mission Statement as listed on their homepage website. It is listed as a Strategy Statement. We aspire to distinctively serve customers — those linked to the land — through...
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...Assignment # 3 Case 5 John Deere and Complex Parts, Inc. Summary Deere & Company was formed in 1837, with its headquarters set up in Moline, Illinois and were considered as a pioneer in manufacturing farm and forestry equipment, construction, commercial and consumer equipment. Their broad range of products and services included equipment financing, power systems, special technologies. In 2006, supplier evaluation team members of Deere Inc. Moline unit were united to discuss the performance of Complex Parts. For the past 10 years, Complex Parts, Inc. had been playing a key role in Deere’s sales with an annual approximation of U.S. $3.5 million. Their contribution to Deere Inc. included supplying them a key manufactured part, which required significant engineering input and testing. Even though other suppliers could produce this part, Complex parts Inc. took charge of it by actively involving with Deere Inc.’s sales engineers weekly, associating with their cost reduction strategies. And keeping up the Deere Inc.’s design changes and globalizing their quality plan. But during the past year, Complex Parts had provided questionable service to the Moline unit and now the unit manager John has been analyzing whether to continue business with Complex Parts, Inc. or to source it from a new supplier. Deere Inc. had a dynamic supply management strategy in place, known as Achieving Excellence Program (AEP). The program was about giving Deere and its suppliers the necessary...
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...Scott Hedrick March 19, 2012 1. History of John Deere “Deere & Company began when John Deere, born in Rutland, Vermont, USA on February 7, 1804, moved to Grand Detour, Illinois in 1836 in order to escape bankruptcy in Vermont. Already an established blacksmith, Deere opened a 1,378 square feet shop in Grand Detour in 1837 which allowed him to serve as a general repairman in the village, as well as a manufacturer of small tools such as pitchforks and shovels. What was more successful than these small tools was Deere's cast-steel plow, which was pioneered in 1837. Prior to Deere's introduction of the steel plow, most farmers used iron or wooden plows which stuck to the rich Midwestern soil and had to be cleaned very frequently. The smooth sided steel plow solved this problem, and would greatly aid migration into the American Great Plains in the 19th and early 20th century. Deere's production of plows began slowly, but increased greatly when he departed from the traditional business model of making equipment as it was ordered and instead began to manufacture plows before they were ordered and then put them up for sale. This allowed customers to see what they were buying beforehand, and word of the product began to spread quickly. In 1842, Deere entered a business partnership with Leonard Andrus and purchased land for the construction of a new two-story factory along the Rock River in Illinois. This factory produced about 100 plows in 1842 and approximately 400 plows...
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...Professional Financial Analyst Introduction As a financial analyst working for a wealthy investor the selection as to where the client could potentially invest 2.6 million is an easy one. The two U.S. publicly traded companies that will be compared side by side are Caterpillar Inc. and John Deere. These two companies are both known for their brand names, equipment, and product service for years. However, one may appear to be more qualified than the other as that particular company is far more ahead at keeping up with market trends. Caterpillar Inc. The first company that will be evaluated for investment is Caterpillar Inc. They have been around for more than 85 years providing products and services to their customers that have lead to successful long term business relationships. However, Caterpillar is moving forward fast in their industry as they focus closely on the future of the company and what those market trends will be. Caterpillar also known as CAT is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company is also a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics Services and Progress Rail Services. The operations for CAT are lead by a team of more than 132,000 employees. These employees follow the guidelines of 6 Sigma principles and sustainability as a part of its...
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...Case Study of John Deere Contents OVERVIEW OF JOHN DEERE 3 A. PRODUCTS 3 B. MARKET CONDITIONS 4 C. COMPETITIVE LANDSCAPE 6 II. 2012 FINANCIAL STATEMENT ANALYSIS 7 A. REVIEW OF INCOME STATEMENT AND BALANCE SHEET 7 B. REVIEW OF KEY FINANCIAL RATIOS 11 C. REVIEW OF FINANCING ACTIVITIES 16 D. RECOMMENDATIONS – Business Performance Improvement 19 E. RECOMMENDATIONS – Buy/Sell/Hold Strategy 20 III. APPENDIX 21 IV. EXHIBIT 2 - ACCOUNTING POLICIES 22 V. Bibliography 24 VI. DEERE & COMPANY – 2012 10K financial statements 25 A. CONSOLIDATED INCOME STATEMENT 25 B. CONSOLIDATED BALANCE SHEET 26 C. CONSOLIDATED STATEMENT OF CASH FLOWS 27 * OVERVIEW OF JOHN DEERE PRODUCTS John Deere & Company is a publicly traded company headquartered in Moline, IL. The company’s roots trace back into the 1800’s when John Deere began with an idea to assist farmers and would forever change the agricultural industry. Today with over 66,000 employees and a corporate family that has nearly 650 companies’ worldwide, Deere ranks number 85 on Forbes list of top 1,000 companies. With over $56 billion in assets and a market value that tops $31 billion, Deere’s financial position is very strong. We will present a detailed analysis of the firm to see how it stacks up against the Caterpillar, the market leader. We will exam key financial ratios and finally give a recommendation on whether the stock is a buy, sell or hold. Deere operates its business...
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...in the northern Chilean Andes; Llaima (elev. 3,125 m) in central Chile, which last erupted in 2009, is another of the country's most active; Chaiten's 2008 eruption forced major evacuations. Population Ethnicity * Total Population: 17, 067,369 (July ’12 est.) Religion Age Structure Notes * Literacy Rate: 95.7% * Average Life Expectancy: 78.1 Years (Males: 75.8 yrs., Females: 81.25 yrs.) * Language: Spanish (official), Mapudungun, German, English * Birth rate (14.3 births/1,000 population) is higher than Death rate (5.8 deaths/1,000 population) * Population below Poverty Line: 15.1% * Unemployment Rate: 6.6% (2011), 7.1% (2010) (decrease of 0.5%) Politics and Legal Structure 1) Form of Government:...
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...Caterpillar Inc. Analysis FIN400 – Analyzing Financial Statements June 23, 2013 Caterpillar Inc. Analysis Caterpillar Inc. is a global company headquartered Peoria, Illinois. They specialize in the manufacturing and selling of construction, mining, and farm equipment. Caterpillar Financial Services is a subsidiary company that offers financing options to their customers. I currently work of a construction company and I specialize in the accounting management of the company’s assets. Approximately 80% of the company assets are from Caterpillar and 70% of the assets that are financed are through Caterpillar Financial Services. The stability of Caterpillar Inc. is important to the company I work for. Financial Statement Analysis “Financial statement analysis is a judgmental process.” (Gibson, 2012, pg. 199) We have learned several ratios to evaluate a company’s liquidity, long-term debt-paying ability, profitability, cash flow analysis, creditworthiness, and going concerns. Along with the ratios, common-size analysis techniques or vertical and horizontal analysis can be used to evaluate trends in accounts from the financial statements. Common-size analysis can also help give a true comparison when evaluating companies of different sizes. (Gibson, 2012) Comparing calculated ratios to competitors or industry standards can be used as benchmarks and can add meaning to the analysis. Financial statements are analyzed by banks, managers/owners, controllers...
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........................................................... 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 ......................................................................................................................................... 10 Entry Strategy Analysis ............................................................................................................................. 11 International Generic Strategy...
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...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 revenue range but earning $9.50/share (Caterpillar, Inc., 2012). Caterpillar’s financial performance and impressive billion dollar revenue numbers clearly signify Caterpillar as a domestic and world leader in its industry. Financially it is crushing its competition. Caterpillar’s biggest competitor is the universally known John Deere Company that reported third quarterly earnings of...
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...can produce for the organization Best practices of 5-10 US organizations Key action items for H20 implementation of effective HRIS system Overview of Staffing Methods Cost per Hire Staffing and Training Requirements Consideration of Recruitment/Time to Fill Vacancies Unique/Best practices for Staffing Review of Training and Development-Strategic Alignment Cost Analysis of Training Program – In house vs. Consultant Best Practices for Training and Development Recommended Training and Development Programs Overview HR Functions- Outsourced Benefits/ Cost Savings of Outsourcing Best Practices- Outsourcing Key Actions and Recommendations- Outsourcing Overview of Performance Management Philosophies Analysis of Best Practices – Theory Analysis of Best Practices- Applied Table of Contents (Con’t.) Recommendation PM Program HR Budgets- Components/ Elements Cost Reduction Strategies Budget Cut Recommendations Summary of HR Department Budgeting Challenges Recent Practices from 3-5 US organizations Review of Typical US Rewards Programs. Analysis of Best Practices for Compensation, Benefits, and Perks Consideration of US Taxation requirements (Social Security, Medicare, etc) Best practices/Unique Compensation Methods for Attracting and Maintaining Employees Recommendation of Rewards Programs Sending Home Country (German) Nationals to work in the US Compensation/Benefits and Contract Overview- Short term (90...
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...Serves Equipment Corporation Cervus Equipment Corporation: Harvesting a New Future Master of Management Business Strategy Prof. Gerry Kerr November 3, 2014 Main Issue Cervus Equipment Corp, established in 1990s, is committed in acquiring and operating authorized agricultural, industrial and commercial equipment dealerships. Over the past 10 years, it has grown its business substantially. The board of directors is now looking for new growth strategy to reach their goal of $2.5 billion in revenue by 2020-triple in the current size. Cervus Equipment Corp mainly considered the opportunities and threats of expanding international markets and stepping in new industries for further growth. External Analysis PESTEL Analysis Political: based on the regulatory changes in the agriculture industry, Canada Wheat Board regulations encouraged (larger) farmers to market their product directly instead of the wholesaler in the supply chain. The political environment for acquiring businesses haven’t been mature in alternative countries like in New Zealand, Russia and Eastern Europe. Economical: global economy experienced slowdown. But customers’ unparalleled growth in a dynamic business environment made Cervus Equipment gain revenue and profits. With the development of farming technology, farming industry in Western Canada realized fast growth in 2012 and the commodity prices were historical high. The global agricultural machinery market is predicted to increasingly...
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...Barbara Baxter Professor Bajwa Microeconomics May 10, 2010 Health Care Reforms: What They Mean to Me and the United States Can anyone accurately predict the outcome of the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010? At this point it is all just speculation. The Federal Government, mainly the Democrats and the Department of Health and Human Services, paints one idealistic picture of the reform. The Federal Government envisions healthcare for all Americans at minimal expense to the consumer. The funding for this would come from a mixture of sources, including taxes on “rich” people, a new tax on expensive insurance, fees on healthcare industries, a tanning tax, and cuts on Medicare spending. Insurance companies are required to be more efficient and the increased competition should also decrease the cost of insurances policies. In theory, this all sounds great and would benefit me, my family, and other Americans with preexisting conditions but the critics are skeptical that all will go as planned. The Republicans and big business are predicting the worst outcomes of the new law. Even the Chief Actuary of the Medicare Program has now made some dire predictions on the actuality of the law, including an increase in spending. Critics predict that businesses may cut employee healthcare and pay the lower cost penalties instead. The cuts to Medicare Part A may put hospitals in debt and threaten access to care...
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...TextRESORT HOTEL AND GOLF COURSE MARKET ANALYSIS AND PRELIMINARY VALUE ESTIMATE COUGAR CANYON TRINIDAD, COLORADO PREPARED FOR: COLARELLI INTERNATIONAL RESORTS AND LIVING, LLC Economic & Market Research / Land & Development Planning Landscape Architecture / Community Planning & Design Golf Feasibility Analysis FINE RESORT HOTEL AND GOLF COURSE MARKET ANALYSIS AND PRELIMINARY VALUE ESTIMATE COUGAR CANYON TRINIDAD, COLORADO PREPARED FOR: COLARELLI INTERNATIONAL RESORTS AND FINE LIVING, LLC January 16, 2012 PREPARED BY: Economic & Market Research / Land & Development Planning Landscape Architecture / Community Planning & Design Golf Feasibility Analysis TABLE OF CONTENTS Page Executive Summary ............................................................................................................. i I. Introduction ............................................................................................................ 1 II. Cougar Canyon Site Description ................................................................................ 4 III. Hotel Market Analysis A. B. C. D. IV. National and Regional Trends ....................................................................... 26 Tourism and Visitation 1. General Visitation Trends. ........................................................................ 28 2. Visitor Expenditures. .......................................................................
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...E TENSION AZ1535 ARIZONA COOP E R AT I V E December, 2010 Things to Know About Applying Precision Agriculture Technologies in Arizona Pedro Andrade-Sanchez and John T. Heun Precision Agriculture (PA) technologies can enhance the productivity of irrigated agriculture in Arizona. This guide is intended to aid growers in selecting the right technology when considering the need to acquire new, or upgrade existing equipment. It is expected that growers will adopt new technology only when it solves a problem in an economical way, therefore consultation with your local machinery dealer is a key step in being informed on issues such as cost, service, infrastructure requirements, and compatibility between components, systems, brands, etc. Use of Mechanized Technology and Farm Management Technological innovation in U.S agriculture has been the basis for the outstanding gains in productivity that have been achieved (Fuglie et al., 2007). In the area of energy use, significant progress was made after the transition from animal drawn implements to mechanized operations. By 1945, the use of tractors was preferred due to its versatility (Culpin, 1992). Early in this transition power units used gasoline engines, but by now, tractors and self-propelled agricultural machines make use almost exclusively of diesel engines due to their extended durability and continuous power delivery characteristics. Seeking higher levels of field capacity, modern U.S. agriculture has experienced...
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...Qualification | Unit number and title | Pearson BTEC Level 5 HND Diploma in Business(QCF) | UNIT 16:Managing Communications, Knowledge, and Information | Student name and ID number | Assessors name | Kamiesha Lewis H1409030 | Abraham Pius | Date issued | Completion date | Submitted on | 25thJanuary 2016 | 08th May 2016 by 5.00pm | 03 May 2016 | Internal Verifier | Dr George Panagiotou | Assignment title | Google Inc | Instructions | * An electronic copy of your assessment must be fully uploaded by the deadline date and time. * You must submit one single PDF or MS Office Word document. Any relevant images or screenshots must be included within the same MS Office Word or PDF document. * The last version you upload will be the one that is marked. Your paper will be marked if you have indicated this as your final submission. * Review the mitigating circumstances policy for information relating to extensions. * The file size must not exceed 20MB. * Answer the criteria in order, clearly indicating the pass criteria number. * Ensure that all work has been proof-read and checked prior to submission. * Ensure that the layout of your documents are in a professional format with font style Arial, font size 12 for the text, font 14 for sub heading and font 16 for main heading, line spacing 1.5 and justified. * Use the Harvard referencing system; otherwise it will be considered as plagiarised work. * Ensure that you back-up your...
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