You are appointed as an advisory officer in a company because that company has suffered a huge loss. What kind of steps(reconstruction) will you take to success? What do you do, if you don't succeed?
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You are appointed as an advisory officer in a company because that company has suffered a huge loss. What kind of steps(reconstruction) will you take to success? What do you do, if you don't succeed?
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- Describe the Oman Companies Formation act and procedure?You are appointed as an advisory officer in a company because that company has suffered a huge loss. What kind of steps(reconstruction) will you take to success? What do you do, if you don't succeed?David Whitwam’s timing couldn’t have been worse. Just as the company was planting its feet in international markets, economic turmoil hit Asia and Europe. Whildly fluctuating foreign exchange rates wreaked havoc in Asia, where Whirlpool had participated in several joint ventures. Fortunately, less than 5% of Whirlpool’s sales came from Asia, so the company was not seriously hurt. Still, ongoing global economic woes contributed to Whirlpool’s multimillion dollar losses overseas. The global economic crisis forced Whitwam to fine-tune his expansion plans. Whirlpool dropped one joint venture in China (costing the company 350 million) and rearranged others as weak economic conditions and intense competition drove appliance prices down and sapped profits. “The thing we misjudged was how rapidly Chinese manufactureres could improve their quality,” notes Whitwam. In Brazil, where Whirlpool had long been profitable, a currency crises coupled with inflation worries slowed appliance sales to a…If you were the head of Kodak in 2005, what strategy would you have used to save the company? Explain your strategy and which type of strategy you are recommending, Corporate, Business/competitive, or Functional. Assumptions: Kodak did not own any other business units in 2005. In 2005 Kodak still had large cash reserves and resources but in 2012 it almost went into bankruptcy.
- COVID-19 started as a health crisis, which quickly evolved into a global economic crisis at a speed and magnitude we have not seen in our lifetime. The ripple effects are still unfolding on a global scale and it is unlikely that the true impact of this pandemic can be measured until the situation stabilizes. But once we come out of this challenging and uncertain time, how will we recover? Will we go back to business as usual, or will we see enduring changes at the individual, organizational and government levels? Investigate the effects of COVID-19 on consumer behaviour and the implications of this disruption for marketing strategies and policies.Responding to a Changing Industry Rockwater, a wholly owned subsidiary of Brown & Root/Halliburton, a global engineering and construction company, is a worldwide leader in underwater engineering and construction. Norman Chambers, hired as CEO in late 1989, knew that the industry’s competitive world had changed dramatically. “In the 1970s, we were a bunch of guys in wet suits diving off barges into the North Sea with burning torches,” Chambers said. But competition in the subsea contracting business had become keener in the 1980s, and many smaller companies left the industry. In addition, the focus of competition had shifted. Several leading oil companies wanted to develop long-term partnerships with their suppliers rather than choose suppliers based on low-price competition. With his senior management team, Chambers developed a vision: “As our customers’ preferred provider, we shall be the industry leader in providing the highest standards of safety and quality to our clients.” He…In 2020 and 2021, businesses like personal services (parlors, salons, etc) faced some big challenges due to the pandemic. As situation keeps getting worse, these business are getting hit the hardest. From the point of the CEO at such a business, what would be your short term and long term strategic goals? And what actions would you implement according to those goals.
- Identify a struggling US company that could benefit from market penetration, market development, or product development. What might you advise this company’s executives to do differently?You are a startup business and would like to get into the export market. Your company owns the patent for a beauty product that is in high demand. Your problem is that you are small and do not have a lot of cash. Before you jump into the export market, you must develop a strategic plan. What is your plan and, based on that, what would be the most effective method of entering the export market?Shui Fabrics Ray Betzell, general manager for the past five years of a joint venture between Ohio-based Rocky River Industries and Shanghai Fabric LTd., was feeling caught in the middle these days. As he looked out over Shanghai’s modern gleaming skyline from his corner office, Ray knew his Chinese deputy general manager, Chiu Wai, couldn’t be more pleased withthe way things were going. Ten years ago, Rocky River had launched Shui Fabrics, a 50-50 joint venture between the US textile manufacturer and the Chinese company, to produce, dye and coat fabric for sale to both Chinese and international sportswear manufacturers. After many obstacles, considerable red tape, and several money-losing years, the joint venture was fulfilling Chiu Wai’s expectations – and that those of the local government and party officials who were keeping careful tabs on the enterprise – much more quickly than he’d anticipated. By providing jobs to close to 3,000 people, Shui was making a realcontribution to the…
- Q1. What is the underlying problem in this case from the perspective of Forever 21’s customers and creditors? Q2. Why do you think Forever 21 ended up in this situation?Q3. Did Forever 21 operate more from a principle of efficiency or effectiveness? Explain your rationale. Q4. Which of the three skills that exceptional managers need did the Changs most lack? Explain your answer.Q5. What would you have done differently if you had been a senior executive at Forever 21?As the Chief Executive Officer of your company, you must make sure that you take care of your stakeholders and their interest. However, during this pandemic, this responsibility has become harder for you to do- 1. the shareholders are expecting more profits from the company 2. the customers are expecting lower prices of your products 3. the employees do not want to lose their job 4. the owners are expecting more stable business. Questions: 1. As a CEO, who will be your first priority stakeholder. Why?One of the leading pizza chains across the world, Dominos is the top contender for the strongest Italian fast-food chains. The brand has a close competitor in Pizza Hut. However, it has long overtaken Pizza hut to become the most sold pizza brand in the market. But compared to indirect competitors like McDonalds and KFC, Domino’s still has a long way to go. How can you explain the SWOT analysis of Dominos?