The subsidiaries had problems whit adapting the new program, because they could not understand it. That is why they decided to use their old and new accounting program parallel with each other. This was very laborious for the subsidiaries, and took a lot of time, reducing the efficiency. When the company continued to expand internationally, bigger problems arose. The management of the different subsidiaries were organised geographically, so big decisions where usually taken on a country to country basis.
Ineffective leadership and low support from Management on a speciality project was identified as the probable trigger that instigated a series of problems at Corwin. During the analysis of the case the author identified several problem areas impacting the effectiveness and efficiency of the company. These problems range from a lack of leadership to people skills, communication and process issues. I analyse these problems under the following headers and also make some recommendations: 1. Structural problems 2.
Moreover, they are losing renewal business to competitors while trying to keep their employees, especially the senior underwriters with many years of experience, from going to Golden Gate. Fruitvale Branch is in serious trouble and in need of major changes if they wish to become profitable again. We focused on three major causes of the problems at Fruitvale. First, the FIFO method is not strictly enforced at Fruitvale. Employees prioritize RUNs and RAPs over RAINs and RERUNs.
* Both DFD’s in Petrie Electronics case in Figure 7-1 and Figure 7-2 are not balanced correctly. The figure 7-1 diagram misses the process of how the company maintains the promotions for the customer and the 7-2 diagram has way too many steps and is kind of confusing and hard to understand. Because the figure shows multiple inputs from multiple sources it makes it somewhat difficult to read. In order for the two diagram to be balanced, we will need to show the additional sources and their inputs into the system and when the 7-1 and 7-2 diagrams have the same sources-inputs-outputs, the diagrams will be balanced. 2.
As a result, minor firms could not handle the pressure and compete as effectively as larger companies and thus, gaining shelf space amongst the different stores had become a huge struggle for them. Ultimately, manufactures to enhance strength and gain power in the retail market were forced to form alliances and partnerships with other consumer brand companies. Apparently, other channels such as internet and direct to consumer sales had not proven to be valuable alternate means as retailers would immediately retaliate by de-listing products and goods of those manufactures who dared going in this direction. Therefore, due to the established relationships larger firms had with retailers, had led smaller corporations to turn into more
Chrstopherson, (2007) proclaims the company failed at its attempt to place stores in Germany because Wal-Mart failed to adapt to the strategies and regulations of the German government. The United States business plan the company was using in other locations was not congruent with the laws, regulations, and society of Germany (Christopherson, 2007). Organizations such as Wal-Mart have to be mindful of the many hardships imposed by the political and legal systems of government in countries abroad suggest Daniels, Radenbaugh, & Sullivan, (2011). It is believed that most overseas countries do not ascertain the same political, economic, and cultural beliefs as Americans (Daniels, Radenbaugh, & Sullivan, 2011) and for this Wal-Mart would face similar problems when trying to start markets in both China and South Korea. While diversity is built in the Wal-Mart culture of business the locals of South Korea did not agree with the taste or style of western merchandise proclaims David Schwartz, Chief Executive Officer of Productive Environment Inc., (2004).
The weakness of Kudler Fine Foods is that an IPO (Initial Public Offering) has many inherent and potential weaknesses that must be examined prior to selection as a means for expansion. An IPO is the first sale of stock by a company. There are many advantages and disadvantages for the Kudler Fine Foods to go public through the IPO. The advantages include generating more capital needed to expand their three locations The IPOs are very expensive undertaking, and a large portion of any capital acquired will be lost to this cost. Because the company must produce all financial information to the SEC many businesses find it to be very stressful and time consuming which takes time and money away from a company that is thriving like Kudler Fine Foods.
Internal problems: - A crisis at the factory with the issues of productivity, work efficiency of workers.- Quality problems of products have also washed into the activities of Engstrom,Engstrom could lose the certified supplier status.- The workforce are having complaints, grievances, suspect of Scanlon Plan, a plan has been adopted for a long time but no change. "What senses does bonus plan make while bonus has not been paid for months?”- The enthusiasm and motivation of employees has been reduced, many people feel there is unfairness going with the current motivation plan. The causes of above problems: - The company could not adjust in time Scanlon plan to maintain staff motivation.- Engstrom did not answer and address the employees’ complaints promptly.- Unable to pay the monthly bonus.2 - The layoffs shook the confidence of employees, leading to insecurity affecting the morale of staff. 1.1.2. The impact of external problems:: - Current economic downturn.- There is many competitors in the field of distribution and production of automotive mirrors.- Quality problems because customers distrust the company's products.
For discussing the case, I visit key problems of Harlequin Enterprises and my recommendation for the Harlequin moving forward, SWOT analysis of Harlequin, how to solve the key problems and take necessary steps to carry out the recommendation. Key Problems: 1) Harlequin faces “a steady loss of share in a growing total woman’s fiction market “ because of the many single title novels. 2) Harlequin’s series romance product is a front list sales. 3) MIRA launching is high risk for Harlequin with higher costs for production, distribution and marketing. 4) If MIRA ( single title novel) fails to reach its target Harlequin faces extremely financial pressure and also damage reputation on which its future sales will depend.
The Indian culture does not associate health issues with not brushing teeth. Cottle faces a tough market with very low spending capacity. A skill I learned from the Cottle case study is determining global strategies. Cottle is a global company that must identify business opportunities to determine growth in foreign areas. This case provides me with insight on how other cultures differ in product needs.