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Kudler is such a high profile business and has many exclusive selections; the company has much to consider when it comes to selecting an IPO as an option. As far as strength, the company has grown and expanded very quickly since the start-up. They broke even within the first year, which is phenomenal and expanded to having three locations within the first five years. This speaks wonders for a company because they were able to establish a customer base and multiply in other locations. The weaknesses that Kudler may face would be the financial burden of going public.
Morgan had come to New York he had started work at Duncan, Sherman & Co. where he was an accountant for the company. This first job had created a solid foundation for J.P. and his future, because he knew such important people and also because his company was connected with George Peabody & Co. in which at this time the Civil war had broken out in America. With this J.P. Morgan had took the strategy his father had taken and worked both from New York and in London, while doing this he greatly increased his financial wealth through all his firms. In 1864 J.P. was a very important figure in the firm, Dabney, Morgan & Co. After this partnership had ended Morgan went on and held a firm with Tony Drexler called Drexler, Morgan & Co. This firm was the one that would set J.P. Morgan out from the rest, because it is here that Morgan had accumulated most of his wealth and business assets.
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Similarities (mention briefly) k. Differences (illustrate thoroughly) C. Discuss concept of succession planning 4. Present broad reasons for succession planning 5. Discuss narrow implications and uses of succession planning 6. Illustrate a succession planning process l. Provide a graphic with source cited (research online) m. Explain each step of succession planning process from graphic Task 3 Continued D. Present summary of presentation 7. Extract 6 – 9 key points to restate that you most want reader to remember n. 2 – 3 points from individual performance appraisal o.
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