...Case Analysis Wil-Mor Technologies: Is There A Crisis? November 2, 2010 Executive Summary After nearly four years since its founding, Wil-Mor, the joint venture (JV) between American-owned parts manufacturer, Wilson, and Japanese-owned manufacturer, Morota – is fast approaching a crossroads. The JV was formed in 1993 to support the “transplant” model of assembling Japanese-designed cars in the United States. From an American business mindset, Japanese automakers like Toyota, Honda, and Nissan had a fiercely, almost irrational, loyalty to their suppliers. This loyalty, coupled with the growing market share of Japanese cars and increased domestic supplier competition, made the Wil-Mor JV a natural outgrowth for longstanding licensing partners Wilson and Morota. However, Wil-Mor’s first 18 months was fraught with unexpected setbacks. Neither parent company anticipated the leadership characteristics required to harmonize cultural differences and Wil-Mor’s initial leadership proved so divisive that it had to be removed after a year into operations. Start-up times and costs were much higher than Wilson – and the Wil-Mor pro-forma – predicted. While Japanese quality standards were known to be high, the costs associated with quality (i.e. reduced production output) was also greater than Wil-Mor predicted. And, until recently, Wilson was unaware that the two parent companies had very different definitions of Wil-Mor “success:” Morota’s main aim was to ensure their...
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...BUS 710 WIL-MOR TECHNOLOGIES BIBIN BASTIAN 11/04/2014 Introduction The Wil-More Technologies case presents the advantages and complexities of international collaborations in business where a lot of synergies like cultural differences, profit expectations play a crucial role. WIL-MOR JV was formed in the year 1992 by a 50/50 partnership between Detroit base Wilson industries and Japan based Morota Manufacturing company to cater the transformations happening in North American automobile manufacturing segment. Four years after the inception of the JV, company is not performing financially well as expected and this creates tension between both the partners and they plan to re evaluate the strategy. In depth-Problem Analysis. The major issues that lead to the re-evaluation of the relationship between the two companies can be summarized as * Failure to achieve forecasted returns When the JV was signed both companies aimed to leverage the maximum efficiency and gain a market leader position. They expected the company to break even within three years of operation. But even in the fifth year company is losing about $100,000 a month. With company running at close to full capacity, having client mix of transplants and Big 3 and still not able to make money made Wilson managers sceptical about the capability of JV. * Different Perspective about profit. Wilson focussed on making quick money out of the deal and they are profit centric, whereas Morota had a quality...
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...free to determine what legal issues need to be referred to Kathy. Once an issue is reported to Kathy, she will decide whether to ask Anne for advice. Generally, Kathy asks Anne for legal advice during informal telephone calls or at family gatherings. Occasionally, Anne will meet formally with Kathy and the attorneys for the store’s insurance carrier. So far, Anne has not been charging Kathy for the telephone calls and has only charged her $100 per hour for the formal meetings she has attended. Through this arrangement, Kathy has managed to keep the company’s legal expenses to a minimum.(University of Phoenix) According to Kudler Fine Foods intranet website, Kudler has had only few costumers’ accident that ended in litigation. In each case, Anne suggested that Kathy agree to a settlement. Kulder Fine Foods has no tracking written forms of their own legal forms, and it is the responsibility of their suppliers or the partners that Kotler’s dealing with to provide the legal documentation of transactions. Kudler uses a few customized forms are obtained from “off-the-shelf" and modified by Kathy or her assistant. The legal issues do not exist at Kudler Fine Foods, but since the company is growing. It could happen at any time and there is no guarantee there won’t be people who can sue the company for legal issues. To avoid such situation, a legal system has to be in place at Kudler Fine Foods. Kudler Fine Foods is using a family relationship to process its legal issues, luckily...
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...Balancing Global and Local Strategic Contexts: Expatriate Knowledge Transfer, Applications and Learning within a Transnational Organization J. Barry Hocking Michelle Brown Anne-Wil Harzing Version January 2007 Accepted for Human Resource Management Copyright © 2003-2007 Barry Hocking, Michelle Brown and Anne-Wil Harzing. All rights reserved. Dr. Anne-Wil Harzing University of Melbourne Department of Management Faculty of Economics & Commerce Parkville Campus Melbourne, VIC 3010 Australia Email: anne-wil@harzing.com Web: www.harzing.com Balancing Global and Local Strategic Contexts: Expatriate Knowledge Transfer, Applications and Learning within a Transnational Organization Abstract In this paper we investigate how expatriates contribute to the transnational firm’s strategic objectives of global efficiency, national (‘local’) responsiveness, and worldwide learning. We focus on their knowledge applications and experiential learning, two assignment-based outcomes of potential strategic value to the firm. We assess how these outcomes are impacted by the expatriate’s everyday knowledge access and communication activities, measured by their frequency and geographic extent. Within our case organization, a prototype transnational firm, we find that the expatriates’ knowledge applications result from their frequent knowledge access and communication with the corporate headquarters and other global units of the firm. In contrast, their experiential learning derives from...
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...HOW DO IN W OES NFLAT TION AFFE ECT ECO ONOM GROW MIC G WTH? EC CON30 01 ASSO OC.PRO OF.DR Ayla OĞUŞ O Gör rkem To opuz 07 7020111 13 A Abstract t; T This pape examine relation er es nship betw ween infla ation ,defl lator and current GDP o econom growth with usi econometric tec on mic h ing chniques w that provide with p approp priate proc cedures fo estimati and in or ion nference.Fo many c or country, in nflation has an importan effect in econom situatio n nt n mic on.Moreov ver,inflatio is used for to on d see how much countries developed. w d .But in my case i us inflatio for how much y sed on w it effec cted econo omic grow wth.And a also i follo up oth variabl with in ow her les nflation to show how the effect economic g w ey growth. T mode include a poten The el es ntial impa of inf act flation on growth ,current , GDP, inflation effect on consume prices via anuua % valu and in er al ues nflation on deflator(an nnual %). effect o GDP d T mode highlig The el ghts if inf flation inc creses dir rectly ther is a negative re n impact on grow t wth.When inflation above th percent he tage of … …then gro owth is affect in a nega ative way.Below tha rate inf at flation does not hav any ef ve ffect on h y ve tly e growth or it may even hav a slight positive effect. S So,in this paper inc clude both negative and posi h e itive affec of inflation on ct econom grow but mostly neg mic wth m gative aff fect, and also incl lude time series e eviden about how muc inflatio...
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...-1- Information Memorandum Ichitan Group Public Company Limited (ICHI) Head Office 2922/301-303, 28th Fl. Charn Issara II Bldg. New Pethchburi Rd., Bangkapi, Huaykwang, Bangkok 10310 Tel 0-2716-5555 Fax 0-2716-7000 Website www.ichitangroup.com Listing Date 21 April 2014 (First Trading Day: 21 April 2014) Listing Securities Number of common shares 1,300,000,000 shares, Par value per share of THB 1 Total value of THB 1,300 million, the number of new common shares offered to the public is 300,000,000 shares or equivalent to 23.1% of number of total paid-up shares after Initial Public Offering. Capital As at 21 April 2014 (Trading commencement) Registered capital, common shares of THB 1,300 million (1,300 million shares) Paid-up capital, common shares of THB 1,300 million (1,300 million shares) Secondary Market The Stock Exchange of Thailand (SET) Offering Price THB 13 per share Offering Date 8-11 April 2014 Objectives and plans for utilizing the capital increase Use of Proceed 1. Payment to loan from financial institution 2. Payment to loan from director 3. Factory phase 2 expansion 4. Working Capital Green Shoe Option None In the amount of (THB million) 1,500 1,000 800 600 Period Within 2014 Within 2Q’2014 Within 2014 Within 2014 -2- Type of Business and Nature of Operation The Company manufactures and sells several types of beverages under brands; Ichitan Green Tea, Ichitan Double Drink, Ichitan...
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...Subject: Successful Princeton Applicant Through all of my accomplishments and disappointments, I have always been especially proud of the dedication and fervor I possess for my personal beliefs and values. Unfortunately, it has often been difficult for me to remain outwardly firm and confident in a town where most people think alike and reject exceptions. Whenever I have expressed my position as a pro-life advocate, peers have badgered, accused, and ridiculed me for simply believing in something that they scorn. Despite all the pressure, I never waive red from my belief, yet I became frustrated and began to lose the courage to publicly express my opinion on this controversial topic. To gain some insight and reassurance for myself, I attended the New Jersey Right to Life Convention in the spring of 1995. This experience uplifted me and offered great inspiration and enlightenment. At the convention I received an overwhelming amount of support and encouragement from wonderful people who advocate the very principles I believe in. This convention was so inspiring that the next day in school I was able to relate my experience to one of my biggest opponents on the subject. Also, the abundant information available at the convention enabled me to defend my position on abortion more effectively. Attending this convention accomplished two things. It proved my commitment to my belief, in that I took the initiative to strengthen and support my opinion, refusing to give up or lose heart. Unlike...
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...Kelly | McGowen | Williams C en ga Australia • Brazil • Japan • Korea • Mexico • Singapore • Spain • United Kingdom • United States ge Le ar ni ng BUSN BUSN BUSN 6, 6th Edition Kelly | McGowen | Williams © 2014 Cengage Learning. All rights reserved. Senior Project Development Manager: Linda deStefano Market Development Manager: Heather Kramer Senior Production/Manufacturing Manager: Donna M. Brown Production Editorial Manager: Kim Fry Sr. Rights Acquisition Account Manager: Todd Osborne en C Printed in the United States of America ga ge Le Compilation © 2013 Cengage Learning ISBN-13: 978-1-285-88034-1 ISBN-10: 1-285-88034-X Cengage Learning 5191 Natorp Boulevard Mason, Ohio 45040 USA ALL RIGHTS RESERVED. No part of this work covered by the copyright herein LL RIGHT th repro reprodu ted, s may be reproduced, transmitted, stored or used in any form or by any means electro graphic, electronic, or mechanical, including but not limited to photocopying, scann di recording, scanning, digitizing, taping, Web distribution, information networks, a or information storage and retrieval systems, except as permitted under o t Section 107 or 108 of the 1976 United States Copyright Act, without the prior writ written permission of the publisher. pro For product information and technology assistance, contact us at Cen Cengage Learning Customer & Sales Support, 1-800-354-9706 For permission to use material from this text or product, submit...
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...Building Standards in Educational and Professional Testing National Testing Service Pakistan (Building Standards in Educational & Professional Testing) Email: correspondence@nts.org.pk Logon to: www.nts.org.pk for more information National Testing Service Pakistan Overseas Scholarship Scheme for PhD Studies Building Standards in Educational and Professional Testing PATTERNS AND PRACTICE National Testing Service Pakistan Overseas Scholarship Scheme for PhD Studies Building Standards in Educational and Professional Testing 2 Quantitative Ability The Quantitative section measures your basic mathematical skills, understanding of elementary mathematical concepts, and the ability to reason quantitatively and solve problems in a quantitative setting. There is a balance of questions requiring basic knowledge of arithmetic, algebra, geometry, and data analysis. These are essential content areas usually studied at the high school level. The questions in the quantitative section can also be from • • • Di screte Quanti tative Questi on Quanti tative Compari son Questi on Data Interpretati on Questi on etc. The distribution in this guide is only to facilitate the candidates. This distribution is not a part of test template, so, a test may contain all the questions of one format or may have a random number of questions of different formats. This chapter is divided into 4 major sections. The first discusses the syllabus /contents in each section of the...
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...THIRD EDITI ----- --·-- --·-- - - -- - O N -- SU PP LY CH AI N MA NA GE ME NT Stra tegy , Plan ning , and Ope ratio n Sunil Chopra Kellogg Schoo l of Manag ement Northwestern University Peter Meindl Stanfo rd University --------Prentice I-I all Uppe r Saddl e River , New Jersey ·--· PEAR SON -- · - · - - - "ibrary of Congress Cataloging-in-Publication Data :::hopra, Sunil Supply chain management: strategy, planning, and operation I Sunil Chopra, >eter Meind!.-3rd ed. p. em. Includes bibliographical references and index. ISBN: 0-13-208608-5 1. Marketing channels-Managemen t. 2. Delivery of goods-Management. i. Physical distribution of goods-Management. 4. Customer servicesvfanagement. 5. Industrial procurement. 6. Materials management. I. vfeindl, Peter II. Title. HF5415.13.C533 2007 658.7-dc22 2006004948 \VP/Executive Editor: Mark Pfaltzgraff ii:ditorial Director: Jeff Shelstad ;enior Project Manager: Alana Bradley E:ditorial Assistant: Barbara Witmer Vledia Product Development Manager: Nancy Welcher \VP/Executive Marketing Manager: Debbie Clare Vlarketing Assistant: Joanna Sabella ;enior Managing Editor (Production): Cynthia Regan flroduction Editor: Melissa Feimer flermissions Supervisor: Charles Morris Vlanufacturing Buyer: Michelle Klein Vlanager, Print Production: Christy Mahon Composition/Full-Service Project Management: Karen Ettinger, TechBooks, Inc. flrinter/Binder: Hamilton Printing Company Inc. fypeface: 10/12 Times Ten Roman :::redits...
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...ESTBuilding Standards in Educational and Professional Testing National Testing Service Pakistan (Building Standards in Educational & Professional Testing) Email: correspondence@nts.org.pk Logon to: www.nts.org.pk for more information National Testing Service Pakistan Overseas Scholarship Scheme for PhD Studies Building Standards in Educational and Professional Testing PATTERNS AND PRACTICE National Testing Service Pakistan Overseas Scholarship Scheme for PhD Studies Building Standards in Educational and Professional Testing 2 Quantitative Ability The Quantitative section measures your basic mathematical skills, understanding of elementary mathematical concepts, and the ability to reason quantitatively and solve problems in a quantitative setting. There is a balance of questions requiring basic knowledge of arithmetic, algebra, geometry, and data analysis. These are essential content areas usually studied at the high school level. The questions in the quantitative section can also be from • • • Di screte Quanti tative Questi on Quanti tative Compari son Questi on Data Interpretati on Questi on etc. The distribution in this guide is only to facilitate the candidates. This distribution is not a part of test template, so, a test may contain all the questions of one format or may have a random number of questions of different formats. This chapter is divided into 4 major sections. The first discusses the syllabus /contents in each section of...
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...THIRD EDITI ----- --·-- --·-- - - -- - O N -- SU PP LY CH AI N MA NA GE ME NT Stra tegy , Plan ning , and Ope ratio n Sunil Chopra Kellogg Schoo l of Manag ement Northwestern University Peter Meindl Stanfo rd University PEAR SON --------Prentice I-I all Uppe r Saddl e River , New Jersey ·--· -- · - · - - - "ibrary of Congress Cataloging-in-Publication Data :::hopra, Sunil Supply chain management: strategy, planning, and operation I Sunil Chopra, >eter Meind!.-3rd ed. p. em. Includes bibliographical references and index. ISBN: 0-13-208608-5 1. Marketing channels-Managemen t. 2. Delivery of goods-Management. i. Physical distribution of goods-Management. 4. Customer servicesvfanagement. 5. Industrial procurement. 6. Materials management. I. vfeindl, Peter II. Title. HF5415.13.C533 2007 658.7-dc22 2006004948 \VP/Executive Editor: Mark Pfaltzgraff ii:ditorial Director: Jeff Shelstad ;enior Project Manager: Alana Bradley E:ditorial Assistant: Barbara Witmer Vledia Product Development Manager: Nancy Welcher \VP/Executive Marketing Manager: Debbie Clare Vlarketing Assistant: Joanna Sabella ;enior Managing Editor (Production): Cynthia Regan flroduction Editor: Melissa Feimer flermissions Supervisor: Charles Morris Vlanufacturing Buyer: Michelle Klein Vlanager, Print Production: Christy Mahon Composition/Full-Service Project Management: Karen Ettinger, TechBooks, Inc. flrinter/Binder: Hamilton Printing Company Inc. fypeface:...
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...solution SOLUTIONS TO EXERCISES AND CASES For FINANCIAL STATEMENT ANALYSIS AND SECURITY VALUATION Stephen H. Penman Fifth Edition CHAPTER ONE Introduction to Investing and Valuation Concept Questions C1.1. Fundamental risk arises from the inherent risk in the business – from sales revenue falling or expenses rising unexpectedly, for example. Price risk is the risk of prices deviating from fundamental value. Prices are subject to fundamental risk, but can move away from fundamental value, irrespective of outcomes in the fundamentals. When an investor buys a stock, she takes on fundamental risk – the stock price could drop because the firm’s operations don’t meet expectations – but she also runs the (price) risk of buying a stock that is overpriced or selling a stock that is underpriced. Chapter 19 elaborates and Figure 19.5 (in Chapter 19) gives a display. C1.2. A beta technology measures the risk of an investment and the required return that the risk requires. The capital asset pricing model (CAPM) is a beta technology; is measures risk (beta) and the required return for the beta. An alpha technology involves techniques that identify mispriced stocks than can earn a return in excess of the required return (an alpha return). See Box 1.1. The appendix to Chapter 3 elaborates on beta technologies. C1.3. This statement is based on a statistical average from the historical data: The return on stocks...
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...JOB DEVELOPMENT ESSENTIALS Laura Wyckoff Carol Clymer a guide for job developers Second Edition A PUBLICATION OF PUBLIC/PRIVATE VENTURES JOB DEVELOPMENT ESSENTIALS A Guide for Job Developers Second Edition Laura Wyckoff Carol Clymer Second Edition © copyright 2005. Public/Private Ventures. All rights reserved. 2 JOB DEVELOPMENT ESSENTIALS Acknowledgments .............................................................................. 6 Developers, Writers, and Funders........................................................ 7 About Job Development Essentials......................................................... 9 Before You Begin ............................................................................. 11 CHAPTER 1: LAYING THE GROUNDWORK ............................................. 13 Preparation Checklist Educating Yourself Resources for Research Starting a Dialogue Tips for Preparing Preparing an Attitude Planning for Initial Contact Common Mistakes About Your Performance CHAPTER 2: MAKING INITIAL CONTACTS .............................................. 25 Six Facts A True Story Outline for an Initial Call Keep the Dialogue Going Steps for Handling Objections Determining Needs, Offering Services Getting the Specifics Employer Contact Record Checklist for a Site Visit Common Mistakes About Your Performance table of CONTENTS PAGE 1 OF 3 JOB DEVELOPMENT ESSENTIALS 3 table of CONTENTS PAGE 2 OF 3 CHAPTER 3: DEVELOPING THE EMPLOYER...
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...critical theory today critical theory today A Us e r - F r i e n d l y G u i d e S E C O N D E D I T I O N L O I S T Y S O N New York London Routledge is an imprint of the Taylor & Francis Group, an informa business Routledge Taylor & Francis Group 270 Madison Avenue New York, NY 10016 Routledge Taylor & Francis Group 2 Park Square Milton Park, Abingdon Oxon OX14 4RN © 2006 by Lois Tyson Routledge is an imprint of Taylor & Francis Group, an Informa business Printed in the United States of America on acid‑free paper 10 9 8 7 6 5 4 3 2 1 International Standard Book Number‑10: 0‑415‑97410‑0 (Softcover) 0‑415‑97409‑7 (Hardcover) International Standard Book Number‑13: 978‑0‑415‑97410‑3 (Softcover) 978‑0‑415‑97409‑7 (Hardcover) No part of this book may be reprinted, reproduced, transmitted, or utilized in any form by any electronic, mechanical, or other means, now known or hereafter invented, including photocopying, microfilming, and recording, or in any information storage or retrieval system, without written permission from the publishers. Trademark Notice: Product or corporate names may be trademarks or registered trademarks, and are used only for identification and explanation without intent to infringe. Library of Congress Cataloging‑in‑Publication Data Tyson, Lois, 1950‑ Critical theory today : a user‑friendly guide / Lois Tyson.‑‑ 2nd ed. p. cm. Includes bibliographical references and index. ISBN 0‑415‑97409‑7 (hb) ‑‑ ISBN 0‑415‑97410‑0 (pb) 1. Criticism...
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