FauxCo To: David Beighley FauxCo C.E.O. From: Bryan Carroll, Andrea Filary, Seneka Hawkins, Charlie McMillan, Corrie Vincent Subject: Recommendation for potential international expansion Date: March 26 2012 We were tasked with the research of six different countries to determine which would be the best for FauxCo to establish an office. With the current growth of our company we are looking to branch out around the world. We chose these six because of their location around the world and the different regions we would be able to reach. We researched the proposed countries on the U.S. Department of State website and the Central Intelligence Agency World Factbook website to gain insight into each nation’s current social, economic, and political structures.
Rochelle decided to compare two plants for 50 days, Memphis plant-which will have the vector drive and Birmingham plant-which will use the existing system and prepare a report. The financial analysts believe that the purchase can be justified if the equipment leads to the average increase in production of atleast 10,000 bricks per day. Since we have to check whether the difference between the mean value of the bricks per day at Memphis plant and Birmingham plant is greater than 10000(for purchase to be justified), we will use hypothesis testing for means and compare the sampling distribution of the mean value of bricks produced in a day. This method is the typical method to solve these kind of problems. Data available is Plant Total Bricks produced in 50 days S (standard deviation) x̄ (mean) Memphis 7484500 3402.46 149690 Birmingham 6902350 3364.68 138047 Hypothesis test In a hypothesis test we assume Ho to be true and try to find evidence that shows otherwise.
1.0 Executive Summary: The Management of Brown-Forman, a globally leading player in the wines and spirits business was faced with a major capital investment decision towards the acquisition of Southern Comfort Corporation also a player within the same wine industry towards the middle part of 1978. This report is intended to guide the Brown-Forman Corporation (BFC) in evaluating the feasibility of the asking price of $94.6 million and the possible effect of the proposed acquisition on Brown-Forman’s share price. It is therefore important to unravel this misery by providing enough and adequate information that will guide the BF’s management by answering the surrounding questions facing the company. “Should BF buy Southern Comfort Corporation (SCC) at the asking price of $94.7 million? On what key assumptions should the management based their decision either to purchase the SCC or not?
Hence, project activities will need to be list down in a table representation for clarity and accurate illustration. Furthermore, the precedence relationship between relevant activities can be deduced, in order to allow further improvement of the activities based on the critical path recognized from the 45 days activity window allocated. The later decision relies heavily on the network diagram constructed based on the activities and its immediate predecessor (if any). Initial analysis as to whether this new business in restoration of vintage cars is feasible for RASAS will need to be determined first. As this factor is being taken into consideration, it is important to take into account the fact that RASAS has already established
The period between fifteenth and seventeenth century marked and witnessed an increase in adventures between nations of the world to explore new territories, which might contain invaluable resources. This led to the scramble and partition of colonies among the powerful European nations. Even today, many nations are because of the scramble and partition of ancient colonies (Ripper, 28). The southern colonies consisted of the colonies that the Europeans had created in North America. Their sudden interest in North America was prompted by the Trans-Atlantic slave trade because north America was an ideal place for agriculture and trade.
With over 500 stores, Dick’s has continued to expand and add stores at a steady rate of about 15% a year (CNN, 2012). The company recorded revenues of $4,871.4 million during the fiscal year ended January 2011, an increase of about 10% over 2010 (Value Line, 2012). The increase in revenues is attributed to expansion with new store sales and the addition of e-commerce sales. Company and Industry Analysis Dick’s Sporting Goods, is an authentic sporting goods retailer founded in 1948, by Richard Dick Stack. It currently operates over 500 stores in 40 plus states mainly in the eastern parts of the United States, and hopes to get up to 800 one day.
By 2008, European SSP sales were expected to exceed $150 million, and by 2010, they would draw for 10% of European home coffee maker market. Now, Kraft is ready to introduce the pod to North America, a debut that is expected to bring in BILLIONS. Kraft Foods controlled 15% of the global coffee market in 2004. Kraft’s own coffee brands, Maxwell House and Nabob, owned a combined 32% share of the Canadian market. Their main competitor in Europe was Senseo, who introduced their pods in 2001, selling five million coffee makers and three billion pods by 2004.
First, reviewing net sales for years six and seven, we appreciate a change of $1, 495,000 which translates to a thirty three percent increase. Since the change supports an increase, we know Competition Bikes experienced an increase in sales and operational performance. Next, costs of goods sold demonstrate a positive increase of 31.8% totaling $1,048,000. This value is indicative of the accumulated total of all costs associated in creating a product or service, which has been sold.
Harrington needs to determine whether or not these are the optimal prices that will achieve higher profits for the new Vigor line. Alternatives 1. Introduce Vigor active-wear at proposed prices 2. Introduce Vigor active-wear at 20% higher prices than proposed prices Criteria Quantitative Criteria: * High profit margins * Sales potential * Market share potential Qualitative Criteria: * Customer satisfaction * Brand perception Alternative 1: Introduce Vigor active-wear at proposed prices Because the number of women’s active-wear units is expected to double by 2009, Harrington could take advantage of this trend by introducing active-wear to the fifty stores carrying its Vigor line of clothing. Department stores have already begun to sell active- wear at double the turnover rate that Harrington collection has been turning over.
(Global, 2013) A problem that Azure Sky Tea faces is whether they should continue to export, create licensing arrangements and create horizontal and vertical foreign direct investments. There are many variables that the company should take into consideration before making this major decision over production and the market channel, know-how and invulnerability, transportation costs and tariffs, and the “exportability” of the product/service. Classify possible combinations of countries With the data the Hofstede summarized with the four dimensions, it helped to develop a way to come up combinations of countries for location of the Azure Sky Tea’s offices. The first dimension is power distance “is the degree to which the less powerful members of a society accept and expect that power is distributed unequally. The fundamental issue here is how a society handles inequalities among people” (Keegan, 2013).Hong Kong and France are both high power distance cultures and countries like Germany,