Alcoa INC. History view: Alcoa Inc is Aluminum Company of America. It is the world 's third largest producer of aluminum, behind Rio Tinto Alcan and Rusal. Alcoa conducts operations in 31 countries more than 200 locations. Alcoa is a world leader in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. Aluminum and alumina represent more than three-fourths of Alcoa’s revenue. Non-aluminum products include precision castings and aerospace and industrial fasteners. Alcoa’s products are used worldwide in aircraft, automobiles, commercial …show more content…
Threat of substitute products: Alcoa has a differentiate product line and some of the areas as energy has a potential to substitute as renewable energy. Macroeconomics Trend Analysis of Aluminum World Demand. Export and import of the fused aluminum has a high sensitivity to the macroeconomic situation in the industrial sector of the world economy. The price volatility depends on the industrial demand for the aluminum. Global demand is leading by China and emerging markers economics. However according to Alcoa “Outlook for aluminum Plattes Metal” the demand has the downward sloping curve. Global demand growth in 2010 was 13% compare to the data in 2011was 12%. The biggest demand for the aluminum products comes from China. In 2011, China experience the deficit of the aluminum consumption compare the rest of the world was the surplus. The smelting costs curve increased by 26.2% from the 2005 – 2010 years. Increase in the production costs increase the aluminum price. According to the trend analysis of the costs of goods sold of Alcoa, we can see the cost of sales increase every quarter. In 2012, the cost of the revenue increase by 3 % from the 1st quarter to 3rd quarter. However the revenue went down by 3% at the same time period. Besides
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An industry product can be substituted by a substitute product which has the same or similar function by a different means. A substitute can limit industry profitability and growth. Porter (2008) gives several key elements on determining the threat.
Costco Wholesale Corporation (NASDAQ:COST) is a membership wholesaler retail club that provides a diversified selection of consumer goods. Mainly under the "Costco Wholesale" name, the company is known for carrying top quality products at substantially lower prices than what is typically found at conventional wholesale or retail sources, with 100% satisfaction guaranteed in the products and membership (Costco, n.d.). Products offered at Costco includes, but not limited to, groceries, paper goods, electronics, health and beauty products, hardware, and garden and patio, jewelry and vacation packages and others.
How did pressures for financial performance contribute to an organizational culture that tried to manipulate quarterly sales and to influence investors?.
ALAM Construction Co. is a construction company that is located in Brooklyn, New York. It is in this business to serve residents of New York City and suburban areas. ALAM Construction Co. has been in the industry for more than 26 years. Their services include basement remodeling services, steam cleaning services, bathroom remodeling services, brownstone repair and renovation services, carpentry services, commercial construction services, and more. ALAM Construction Co also offers drywall installation services and drywall repair services. They are licensed, bonded, and insured.
Alcoa, lightweight metals leader acquired Firth Rixson Limited, a global leader in aerospace jet engine components for USD 3000 million
SAN FRANCISCO, Sept. 23, 2002 -- ChevronTexaco Corp. and Schlumberger proclaimed they have dispatched a multi-year combined knowledge progress undertaking to rise efficiencies in oil and usual gas production. The progress of this next-generation reservoir association resolution will enhance the use of real-time oilfield sensor data from wells and abilities to enhance real-time oilfield management.
MRC, Inc. is a Cleveland based manufacturing company specialized in power brake systems for trucks, buses, and automobiles; industrial furnaces and heat treating equipment; and automobile, truck and bus frames. As till 1957 most of MRC's sales were made to less than a dozen large companies in the automotive industry, it was exposed to the risk inherent in selling to a few customers in a very cyclical and competitive market. To minimize the risk and to explore new business opportunity MRC's management decided to diversify their business operation. After their fifth successful acquisition, the CEO of MRC Archibald Brinton faced with a dilemma of whether to buy American Rayon, Inc.
Our accounting and finances department at Atha has very strong moral standards we require employees to abide by due to the sensitivity of the information they handle and the trust needed to successfully run their position. Our finance department handles payroll, taxes, accounts payable and receivable as well as financial analysis. Each member of our finance team is put through thorough vigorous training to ensure they are able to complete their job to the fullest.
The realization that Americans have been using up so much energy, as well as gas and fuel from other countries, has caused companies to begin searching for better, and possibly cheaper
Being number 13 on the periodic table. Aluminum is a soft and not very strong metal. But when this metal is alloyed with other elements it increases it’ strength. Once it’s become stronger than it can be used in many useful means.
American Home Products (AHP) is one of the largest pharmaceutical companies in the world, based in Madison, New Jersey, USA. American Home Products is a corporation involved in the production and marketing of over 1500 consumer goods allocated among four distinct business lines. AHP is a company with virtually no debt and an impressive amount of cash in its balance sheet. The company is characterized by its distinctive corporate culture that emanated from its chief executive William F. Laporte. During 17 years, Laporte maintained an extremely conservative capital structure. In 1981, while Laporte was approaching retirement, analysts speculated on the
The world's population is growing and along with it the demand for quality foods, livestock feed, alternative fuels, and environmentally friendly alternatives to traditional chemicals is also increasing. As one of the world's leading agricultural processing
Kraft is the largest branded food and beverage company in North America and the second largest in the world. It operates in more than 150 countries worldwide. Kraft Foods markets the world's favorite food and beverage brands in five product sectors namely the snacks, beverages, cheese and dairy, grocery and convenient meals.
Yet, the company faces a major issue: it lacks raw material and its growth opportunities in this market could suffer because of this aspect. Since 2009, the company has invested aggressively for expanding its aluminium operations. However, the aluminium market is now oversupplied and the bottom line has been effected. This is mainly due to the slow-moving global economic growth and the Chinese economic slowdown, which is a major actor and accounts for 45% of total global copper consumption. Also, China is paradoxically