Mini Case 15.1 Mcgrew Company

Corporate finance is important to all managers because it allows a manager to be able to predict the funds the company will need for their upcoming projects and think about ways to organize and acquire those funds.

Kenny is a teenager who has experienced uncontrollable bodily and facial movements, various uncontrolled vocalizations, and other compulsions such as excessive hand washing and wringing. He has been treated with Clonidine, Haldol, pimozide and buspirone. This patient was diagnosed with Tourette’s Syndrome. Clonidine is a vasodilator that allows for blood to flow more easily to the brain. This lowers blood pressure and helps treat the tics the patient experiences(1). Haldol and Pimozide are antipsychotics that blocks dopamine receptors in the brain. This would help treat the compulsive behaviors (2). Buspirone is used to treat anxiety disorders. It binds to serotonin receptors in

Exporting has become a very important business strategy nowadays. In order for firms to expand to the international market, and also to maintain and grow their share of market in whatever industry they are in, depending on their goals and objectives, any company must at least explore this possibility. A few and important advantages might come into place, in that they can extend their sales potential of their existing products, increasing margins through a larger customer base. Also, these small to large businesses can consolidate by gaining global share of market, they can reduce their dependence on their existing markets,

MegaCorp is a large manufacturing firm that operates 5 factories in Dallas, 4 factories in Los Angeles, and 5 factories in Albany, New York. It operates a tightly connected order management system that coordinates orders, raw materials, and inventory across all 14 factories. What type of WAN architecture and WAN service would you recommend? Why?

When compared with the industry, the inventory turnover of S&S Air of 21.43 times is well above the industry upper quartile of 10.89 times. This indicates that S&S Air is much more efficient than the industry average at inventory management.

The best option for Scott’s Miracle-Gro is to stay in the United States. This will benefit the company financially and will help keep the product quality standards high. However, some production cost need to be cut down in order to remain competitive and keep profit at a percentage they would make if the company would outsource

SUMMARYMultiquimica do Brasil (MB) is the wholly owned Brazilian subsidiary of Multichemical Industries, Inc, of the United States formed in 1993 with the initial purpose of establishing manufacturing facilities for agricultural chemical, industrial chemical, and pharmaceutical products in Brazil. Multichemical Industries, Inc sold 75 different products in over 50 countries during 1998. The company’s principal product groups were: pharmaceuticals, industrial chemicals, agricultural chemicals, and petrochemicals. Multichemical’s overseas subsidiaries accounted for 35% of sales in 1998, with the majority of the activity taking place in Europe.

For your job as the business reporter for a local newspaper, you are asked to put together a series of articles on multinational finance and the international currency markets for your readers. Much recent local press coverage has been given to losses in the foreign exchange markets by JGAR, a local firm that is the subsidiary of Daedlufetarg, a large German manufacturing firm.

As argued by Eaton (2001), globalization is an enterprise management feature, which increases liberalization of international trade and international competition. Needless to say, nowadays most of senior managers tend to plan their companies to go worldwide. In the early 1970s, M&S expanded its international operation to purchase a 50 per cent shareholding of three Canadian companies for the first step. In November 1997 the company announced a 2,100 million GBP plan for global expansion which would be across Europe, the Far East and the Middle East (Bevan, 2002).

Another alternative should be to create a plant in Europe so now they don’t have top ay all the taxes they have to pay so they can export their products, in that way they will be able to give better prices to their clients, and they will supposed to have a better service and more quality because they where the pioneers in those products.

In South America, Grupo Bimbo was negatively affected by the surprising cultural changes found in various regions and countries in the continent. Meanwhile, the cost structure in China made it difficult for Bimbo to adapt after its Beijing acquisition done after only two years of practice in the market.

According to the case, Brazil’s first step toward developing their automobile industry was the creation of a “target plan” in 1956, which in theory gave automobile companies an ultimatum: produce their vehicles in Brazil with 90% to 95% local content in five years and have financial incentives included or leave the Brazilian market all together. Brazil’s motive behind this enforcing this plan was most likely in an effort to have the country entitled to the financial incentives that would arise from these multinational automobile companies producing their vehicles in Brazil.

Grolsch, a company with a strong history and a highly rated product, has just been purchased by SABMiller. The company is evaluating its global strategy in light of the acquisition and determining how to position and sell its beer going forward. Grolsch has positioned itself well to compete internationally and has leveraged several tools (e.g. the MABA framework, strategic analysis) to effectively expand abroad. However, they must assess whether or not the MABA framework is still useful, what type of international strategy they should pursue (i.e. developed vs. developing markets), and if their adaptation strategies will continue to be an asset in their business development. The initial conclusion, detailed below,

Through a joint venture franchising structure with fairly rigorous contractual stipulations Michel’s central administration were able to expand the business to China “on a shoestring” while still maintaining “arms length control” of how the Chinese business was run. The licensee and joint venture partner bore the financial risks, while risks of damage to the brand that a failed venture would cause were deemed negligible due to China being so far away from the Australian market.

However, MacDowell Corporation believes that changing the relationship with San Fabian Supply Company will make it benefit more. On one hand, MacDowell has been marketing its products through an exclusive distributor only in the Philippines and the parent company wants to market the products same as in other countries. On the other hand, the demand for construction materials has decreased since the expansion of its plant in the Philippines before. MacDowell Philippines’ plant operating rate was very low, at only about 45% capacity, and the overcapacity plagued the company a lot. To get rid of this situation, MacDowell Philippines wants to increase sales and its new president believes that having more dealers can lead to more sales. So MacDowell wants to change the relationship with San Fabian Company in the