Butler-Adams is aware that the new management system has cost a lot of money to the debt-free company, while facing competition from rival firms, which manufacture bikes of the same quality with higher production and much lesser production cost. However he considers investment in research and development a way forward to compete with their competitors by improving the quality of their product. Moreover, in contrast to their competitors, the cost of their production is much higher as they are based in London compare to their rivals who benefit from low wage structure of Taiwan. However, they are not willing to move their base anywhere else as the Brompton bicycle was named after the place, which is situated in London. Further on he talks about how they don’t want to weaken their brand by making a large quantity of bikes with no quality, as they are famous for advanced quality.
Business Administration Topic 2 – Clayton Industries: Peter Arnell, Country Manager of Italy (HSB) 2009 global recession 2 objectives: 1. No cash, so they needed to generate cash by applying the 10-10-10 rule:in 10 day, they decrease inventories, receivables and employees by 10% 2. 4 in 4 plan: in 4 years, they will place the product as the 4th largest seller They start focusing on Italy, the most * They are losing $100 million monthly * Chillers are 5th place selling abroad Arnell assesses the company: * Challenge: not a familiar brand to Italians or as cheap as Asian competing products * The other lines are struggling * The unionized workforce is overemployed and enjoyed a lot of benefits, and the production (factory) has very high costs * The chillers are low quality, not very innovative, and expensive * Steel prices coming up Arnell must meet with Daniel Briggs (President and CEO) so he has three options to decide how to intervene in the company: 1. $5 million: Restore profitability and ensure long-term viability by boosting the plant’s efficiency 2. Fund a major new plant in Barcelona 3.
This made it difficult for Mazzini to obtain national unification as a majority of powerful and influential people in Italy were against his ideologies, this meant that the progress of national unification was very slow as a large amount of people opposed his views. On the other hand Mazzini’s ideologies gave him one advantage, this advantage being that the army and students were all working class, this meant that in Piedmont during their revolution Mazzini had a large amount of support which is why they were successful up until the Austrians intervened. The fact
Additionally, the continuously increasing steel prices leading to higher production costs and impacting product’s margin. Other players initiated price war (price differential of 5 to 10 % of Fortis discounted prices) while Fortis refused to continuously cut its prices, which caused Fortis to lose market share to its competitors. Increasing price sensitiveness of Fortis customers, decreasing market share coupled with low production utilization (70%) is increasing more and more pressure on Fortis to lower prices. In addition to its standard “4-8-14” discount, Fortis can apply price-flex strategy in order to selectively meet lower competitor prices. Question 3) Fortis marketing strategy focuses on value-added service to customers.
Mussolini’s economic battle for the Lira was a failure, although it did have a few positive outcomes. The battle for the Lira was where Mussolini made the Lira artificially expensive- by fixing the Lira at 90 to £, rather than 150. Mussolini planned for this action to reduce inflation and show the world that Italy was a mighty power. And indeed there were a few positive outcomes: that it made it easy for Italians to buy abroad and perhaps boosted Italy’s prestige. However, in reality it made it hard for Italy to sell abroad (due to the higher prices), so Italy lost its competitiveness on the world market.
On the other hand there that middle class of poor that knows nothing about the system or doesn’t have the resources to get a good lawyer they are screwed completely ruin your life and affecting some people around you. Several contemporary concerns impacting criminal justice professionals are, stress, finances, the economy, their family and friends, health and job security. I say stress because so many things can stress a person out this line of work. It can be the hours of the job, the clients, the court cases, etc. Finances can be a major worry especially if your budget is tight and so is your money.
Student’s Signature : _Nishant_kumar______ Evaluator’s comments: _____________________________________________________________________ Marks obtained : ___________ out of ______________________ REPORT ON CLAYTON INDUSTRIES CASE PETER ARNELL, COUNTRY MANAGER FOR ITALY OBJECTIVE The purpose of this report is to analyze the daunting challenges faced by Clayton SpA,the Italian subsidiary of US based Clayton Industries Inc. Peter Arnell has just taken charge of the Clayton SpA to turn around the current loss making status of the company losing around $1 million a month after decades of solid returns. Contents A brief introduction of Clayton Industries and their business operations............................................................................................................................ 3 Description of Proble.......................................................................................................... 3 Evaluation of alternatives
Change in expansion motivations Through this first very positive experience Chami was convinced about his internationalisation plans and his next country on the list was Saudi Arabia. The market entry was not as easy and successful as the one in Dubai. This was partially due to a different strategy with Italian partners as a joint venture which caused problems through cultural differences (Both Italian partners left the market between the first and second year). Shortly after this Chabros faced supply problems due to a much higher demand than they could deliver on time. Therefore Chabros changed for the first time their expansion motivations because they opened an office in Serbia not in order to expand their business in this country.
The other reason which forcing us to leave our own town and migrate is the government. The Italian government was hurting us, the Italian people, by high taxes, and high protective tariff on industrial goods. We can only earn so much money; however, the government takes out so much of our income. Because of the issue, we cannot make enough money to
[pic] Academy of Economic Studies Bucharest Martinez Construction Company in Germany Table of contents: General presentation of the case study Identification of the problem, causes and negative effects Identification of the alternative solutions Selecting the optimal solution Implementing the optimal solution General presentation of the case study The case study presents the internationalization of a Spanish construction company. Martinez Construction Company was founded in 1940 in Eastern Spain and it was well known for its services of high quality, services that secured the company with growing profits for decades. However, due to the dependence of local economic conditions the number of contracts declined, situation in which the actual president, Diego Martinez had to take a decision regarding the future of the company. The continuity and the growth of the family business depended on expansion into the international markets. The first, natural choice seemed Germany.