March 31, 2009 Second draft of the design specs for the new plastic container for wine products. Second draft of the design specs for the new assembly plant. Review the status and budget of the plant and the new plastic container for wine products. 6. April 15, 2009 Final deadline to have the permit approved.
BP has 3 options to settle the dispute: 1. buy AAR’s stake and operate as a majority owned business 2. terminate JV by selling its own stake 3. resolve the current crisis and continue with the JV My analysis shows that option #3 is the best alternative for BP. Hereunder I also list my recommendations for successful implementation of this alternative. Analysis: Industry Attractiveness: The Russian oil industry is very attractive to existing players. Entry barriers are high mainly because of very high capital investment requirements for establishing infrastructure and acquiring oil/gas fields . Since 1999, oil prices have been going up amidst strong consumer demand largely because of growth in world economy, particularly in the higher-growth economies such as India and China.
They then develop target leverage ratios and use the WACC to determine the cost of capital for the whole corporation as well as each of the three divisions. 1. What is the weighted average cost of capital (WACC) for Marriott Corporation (2 points)? 2 Cost of Debt = risk free weight + debt rate premium above gov’t = 8.95% + 1.30% = 10.25% Levered Beta βE = βU * [1 + (1-tax rate)(target leverage / (1 - target leverage))] = 0.80 * [1 + (1-0.44)(0.60 / (1 – 0.60))] = 1.472 Cost of Equity = risk-free rate + βE(risk premium) = 0.0895 + 1.472(.0743) = 0.2079 rME = 8.95% + 1.472 * 7.43% = 19.89% WACC = (1-T) * pretax cost
Strategic Objectives from a Financial Perspective The key objectives that the organization is trying to achieve financially, is to ensure that the company increases the profitability of the organization and specifically of this division. The first way to ensure that we meet this objective is to increase our market share by leveraging the customer base within Towers Watson. We plan to increase our overall market share by 15% in the first year. From a revenue perspective, in the first year the plan is to increase revenues by 3%, the second year we plan to see an increase of 5%, followed by the third year at 7%. These are conservative figures but we aim not only to achieve these revenue targets but exceed these targets.
Dividends, Financial Reporting and Auditors - Rules about payment of Dividends, financial reporting obligations of Companies, Duties of Auditors to the Company and Third Parties. 10. External Administration - The process of external administration via receivers, voluntary administrators, liquidations and voluntary winding up. 11. Revision Class Program Week/Session Dates Description 1 30 Jul Seminar Topic Company Law in Context Prescribed Reading Lipton & Herzberg Ch 1, pages 1-23; Ch 21, pages 735-745 Recommended Reading Harris, Hargovan and Adams 3rd Edn.
Title: Case 25: E. & J. Gallo Winery Assignment Topic: In the case report identify three or four management challenges that are covered in this subject, and address how those challenges can be met in the case using the principles developed in this subject. Be sure to cite and reference the name and source of your case in your assignment report, together with other references. Word count: (2,615 - including text references within sentences and excluding Reference List) Executive summary: E. & J. Gallo Winery was shaped by Ernest Gallo’s vision for their wine business to become the “Campbell Soup company of the wine industry.” Today the Gallo Winery is largest family owned winery that continues to expand and report consistent growth. The journey to becoming a leader in the US wine industry was marked by many deliberate decisions based on deep knowledge and understanding of the micro and macro environment in which the company existed and the application of effective competitive strategies. This paper analyses the Case Study of the Ernest and Julio Gallo Winery and uses analytical tools in order to arrive at the competitive strategy used by the company in order for it to obtain and maintain its competitive position.
Introduction Bonatelli Wines is located in the heart of the McLaren Vale wine district in South Australia. Tony Bonatelli as the owner of the company. One of the producer of fine boutique red wines, the winery is located on a 65 acre property surrounded by estate vineyards producing Cabernet Sauvignon, Shiraz and Merlot. This report is about to select an international marketing of Bonatelli Wines Pty Ltd to consider for entry and conduct research on that market. The report will assess and analyse the selected market, in light of the organisation and the products.
Introduction Mountain Man Brewing Company (MMBC) is a quality beer, positioned in the premium domestic segment and priced similarly to other beers in this segment such as Miller and Budweiser (see Fig. 1). The brand enjoys the highest level of awareness amongst consumers in West Virginia, winning many awards and accolades as a premium American beer. The brand relies on its history and its status as a family-owned, independent brewery to develop consumer perception of the beer as authentic and of a high quality. The strong branding of MMBC as the everyman’s down-to-earth beer has been instrumental in seeing it through the increased competition brought on by the development of large national brewers, which sealed the fates of many other regional breweries.
This belief is somewhat consistent with the famous idea of the American dream, which is to achieve instant wealth or fame. Because America is the strongest nation in the world from, many people believe that this wealthy and powerful nation would help them withdraw their beautiful dreams. Therefore, the American dream attracts millions of talented people to come and make contributions to this nation. However, there are also some unexpected features included in the American dream, and people have to experience and face both good and bad aspects of the American dream. The essential concept of the American dream is to offer citizens a nation that provides liberty, peace, and happiness.
Gabriel Santana Dr. Roney MGT 405 Case Report Global Wine Wars Case Synopsis In this case, the main players in Global Wine Wars are the Old World countries (Italy, France, and Spain) versus the New World countries (United States, Australia, and Chile. The wine market has been proved to be a very profitable market as the Old World countries and the New World countries battle for a share of the $230 billion global wine market. We also notice that the Old World countries found themselves constrained by restrictive industry regulations because a lot of new technologies were forbidden, as it follows: The case opens with a brief history of the industry, outlining the traditional methods of production and distribution as well as the regulation that characterized the industry’s development in the Old World in the nineteenth century. Then it focuses on how the industry emerged in the New World countries. As a response for the growing demand, New World vineyards developed different production methods involving new technologies and reinventing the marketing model.