The company opened its 200th warehouse in Wenatchee, Washington in 1995. In the same year,Costco launched its first private label brand, Kirkland signature. During the same period, Costco started its first gas station in Tucson, Arizona. In 1997, the company spun-off most of its non-warehouse assets to Price Enterprises and officially changed its name to Costco Companies. In the same year, the company started its operations in Taiwan.
Assignment #2: CROSBY MANUFACTURING CORPORATION Executive Summary Crosby Manufacturing Corporation is a $ 250-Million-a-year electronics component manufacturing firm. Wilfred “Willy” Livingston became president in 2005, and in his long-range plan to obtain large government contracts, laid into two acts, which the first step consisted of the restructuration of the 700 employees organization into a modified matrix structure. And on October 2007, the second phase consisted of changing the computer system into a more advance model in order to update the management cost and control system( MCCS) to ensure the growth of Crosby Manufacturing Corporation. He violated the policy and appointed Tim Emary as a project manager, an employee from the group planning department, only because in his vision Tim Emary can lay out a schedule and have the job done. 1.
Case Brief 1 Case Brief: Esquire Radio & Electronics v. Montgomery Ward Walter D. Seyter Legal Environment of Business LAW 529 Professor Cory March 16, 2002 Case Brief 2 Case Brief: Esquire Radio & Electronics v. Montgomery Ward 804 F.2d 787(2nd Cir. 1986) Page 199-200 Plaintiff and Defendant: Plaintiff – Esquire Radio & Electronics Defendant – Montgomery Ward Facts: “Esquire Radio & Electronics helped developed and import consumer electronics products for Montgomery Ward Co. Ward issued import orders foreign manufacturers for products and spare parts. The orders were shipped to Esquire, which inventoried both products and spare parts for Ward’s buy back.” (Corley, 2001).
The company initially focused on radio waves technology research along with transmission of wireless data. During the year 1988 RIM became the first company to introduce Wireless data technology in North America. It initially partnered with Rogers CanTel to develop software that supported one-way text messaging, later partnered with Ericsson to develop two-way wireless communication. In the year 1992, Jim Balsille a Harvard alumni joined Mike Lazaridis as the Co-CEO along with an investment of $250,000. Eventually, during the year 1995 RIM received a modest $5,000,000 from
Erik Peterson (B) Case Study Erik Peterson (B) Case Study Background CelluComm CelluComm, founded by its President Ric Jenkins, grew from a small California based system to a $200 million cellular company. During the FCC’s distribution of “territorial licensing” for the development of a mobile infrastructure, CelluComm attained several metropolitan territories as well as later purchasing 12 rural licenses from rural entrepreneurs. One of these rural territories was Green Mountain Cellular Telephone Company (GMCT). Green Mountain Cellular Green Mountain Cellular Telephone Company (GMCT) is a cellular mobile telephone system in an area that encompassed several cities and towns in New Hampshire and Vermont. GMCT is considered a “pre-operating” system as it is still in the construction phase and had not yet begun operations.
BACKGROUND The auditing case investigated involved CBI Holding Company, Inc., a New York based firm, which served as the parent company for several wholly-owned subsidiaries, principal among them Common Brothers, Inc. CBI’s subsidiaries marketed an extensive line of pharmaceutical products. CBI’s principal market area stretched from the northeastern United States into the upper Midwest. In 1991 Robert Castello, CBI’s president and chairman of the board, sold 48 percent ownership interest in his company to Trust Company of the West (TCW), a diversified investment firm. The purchase agreement between the two parties gave TCW the right to appoint two members of CBI’s board; Castello retained the right to appoint the three remaining board members. The purchase agreement also identified several so–called “control-triggering events.” If any one of these events occurred, TCW would have the right to take control of CBI.
BACKGROUND The auditing case investigated involved CBI Holding Company, Inc., a New York based firm, which served as the parent company for several wholly-owned subsidiaries, principal among them Common Brothers, Inc. CBIâ€™s subsidiaries marketed an extensive line of pharmaceutical products. CBIâ€™s principal market area stretched from the northeastern United States into the upper Midwest. In 1991 Robert Castello, CBIâ€™s president and chairman of the board, sold 48 percent ownership interest in his company to Trust Company of the West (TCW), a diversified investment firm. The purchase agreement between the two parties gave TCW the right to appoint two members of CBIâ€™s board; Castello retained the right to appoint the three remaining board members. The purchase agreement also identified several soâ€“called â€œcontrol-triggering events.â€ If any one of these events occurred, TCW would have the right to take control of CBI.
Also the company fills its orders in two ways: through a network of florists and through drop shipments. It established a florist-to-florist network called BloomNet, and is one of several floral wire services in the country today. The company was among the first retailers to partner with CompuServe and AOL, in 1992 and 1994 respectively. In April 1995, the company was one of the first retailers to establish its own Internet sales site. In 1999, the company went public on the NASDAQ stock exchange under the ticker symbol FLWS and changed its name to 1-800-FLOWERS.COM, to match its web site address.
According to Business Case Studies (2012) Sainsbury’s were the first supermarket to launch their bank in a joint venture with the Bank of Scotland in 1997. They started off with two Visa credit cards and today they offer credit cards, savings accounts and loans as well as a variety of insurances. In 2013 Sainsbury’s took full control of their bank by purchasing the remaining 50% of shares from the Lloyds Banking Group for 260m (Guardian, 2013). As well as diversifying into the banking industry they have “recently launched their own pay-as-you go mobile network where they teamed up with Vodafone to offer a number of bundles set to appeal to less technology savvy consumers such as mums” (Curtis, 2013). Sainsbury’s Value Sainsbury’s pride themselves on the quality of their products that have been ‘sourced with integrity’ whilst still managing to offer excellent value for money.
Kayla Webley (2010) from time.com and Ian McAllister (2010) from quora.com utilized numerous resources to complete their analysis of these two companies. The case study from Dave Chaffey (2012) at smart insights.com and the article written by Valerie Peterson at about.com also provided in-depth insight into the workings of these two retail giants. Originally incorporated in Washington in 1994, but was re-incorporated in Delaware by 1996, Amazon.com was started by founder Jeff Bezos. Jeff Bezos came up with the company’s name by looking in the dictionary. He had a vision on being the biggest company in the world.