To,
The Director
Memo on potential acquisition
This report will compare JSW Steel and Bhushan Steel, both listed on Bombay Stock Exchange, India. Comparison is done by paying close attention to selected ratios, risk analysis and working capital of the companies.
Both companies have been manufacturing steel in India for over 30 years. JSW produces and markets steel, and it is one of the leading exporters of coated products with a presence in over 100 countries. The company’s six steel plants have a combined installed capacity of 14.3 million tonnes per annum (MTPA). JSW Steel markets its products across India through 400 retail outlets and exports its products to more than 140 countries in the globe. The company along with its subsidiaries operates in India, the Netherlands, the US, the UK, Chile, Mozambique, Georgia, Mauritius, Panama and Kenya.
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The company owns three manufacturing units, namely, Sahibabad unit in Uttar Pradesh, Khopoli unit in Maharashtra, and Meramandali unit in Orissa. Their client bases include automobile industry, electrical motor manufacturing industry, bearing industry and home appliances.
BSL carries out business operations across the world through its subsidiaries. The company operates in India and supplies its products to Asian markets and Europe, the US, Canada, Africa, China and the Middle East markets. It promotes Bhushan Energy Limited (BEL) to offer power business. BEL has set up a 300 MW power plant in Meramandali, Dhenkanal district of Orissa, which is processing generation of power from coal.
According to JSW’s Annual Report ending on 31st March 2014, its revenue increased by 25% to Rs 48,527 crores, during the same period BSL’s revenue fell by 10% to Rs 9726
Business Description: Lowe’s companies, Inc. established 72 years ago at the year of 1921, Its a home improvement retailer, functions through the United States for building materials and supplies. Headquartered in North Wilkesboro, North Carolina, serves more than 17 million customers a week from all stores. Currently, Lowe’s operates in 1,820 stores within the United States and 310 stores internationally in Canada and Mexico. Lowe’s is known as the second largest US home appliances retailer after Sears.
The United States of America is one of the most technologically and industrially advanced nations in the world, but that was not always the case. At the start of the Civil War in 1861 the United States was little more than a nation of farmers, but by the time the Spanish-American war began in 1898 the country was one of the most advanced nations in the world. This begs the question, what exactly enabled the United States to be able to industrialize so quickly and efficiently? The industrial growth in the United States of America during the late 1800’s was caused by entrepreneurs, an evolving population, and government assistance.
https://www.jbhifi.com.au/Documents/Announcements/Company%20Announcement%20-%202014%20Full%20Year%20Results.pdf In 2015 JB Hi-Fi Limited had 7320 employees in Australia including employees from all subsidiaries under the company 's control. http://www.ibisworld.com.au/car/default.aspx?entid=9961 JB Hi-Fi was established
The complaint was about the company “Heraeus” wanted to acquire the Midwest Instrument Company, Inc. (“Minco”). The Heraeus Electro-Nite Co., Llc. U.S. market for single-use sensors and instruments used to measure and monitor the temperature and chemical composition of molten steel (“S&I”) and found that its once-commanding 85% market share had been reduced to an estimated 60%, while its closest competitor, Minco, had gained substantially, reaching about a 35% share.
1) Identify aspects of Jim Quintero’s management style according to the four main management theories (Classical, Behavioral, Systems, and Contingency). While most organizations can more than likely identify at least some aspects from each of the four management theories, Quintero’s steel company identifies most with the Behavioral Approach with aspects of the Systems and Contingency Approach blending together in my opinion. Not having much detail on Cool Steel Company’s (CSC) organizational structural it is difficult to determine how much management falls under the Classical Approach, but seeing there are managers (not first-level supervisors) and reviewing Henri Fayol’s general principals, one can assume a structure of sorts. There are several examples of the Behavioral Approach (e.g., trusting, respect, responsibility…) that will be covered in more detail in response to question number two. It is clear that CSC’s success would be in line with the practices described in the cooperative system outlined in the Systems Approach and by virtue of employees being given the ability or responsibility to make decisions; the Contingency Approach can be applied.
23) retailers in the UK, Europe, and the USA are looking for new markets to enter. So it is no surprise that the global and international retailing environment has positively affected the JLP. It has enabled the retailer to increase the number of countries it delivers to on its website: www.Johnlewis.com, from 33 to 40 countries Rigby, (2016). Today, John Lewis is continuing to develop their international presence to bring their business to new countries around the world, by expanding their online international delivery destinations John Lewis, (2018). Although the JLP offers international delivery, they only offer delivery on selected products.
They have a tremendous global presence in China, with 28 manufacturing centers, and plans to expand more into the Asia-Pacific region. With more expansion more global challenges arise. For example, China is experiencing increases in safety laws and taxes, so Eaton is having their facilities be closer together, so these challenges can be addressed effectively. Also, with global expansion comes challenges in ethics and compliance. Eaton created a Global Ethics office that helps employees ask questions and report their concerns.
The success of the steel industry can be credited to Andrew Carnegie, an industrialist who led the expansion of the business through his relentless efforts. Carnegie’s dedication to transforming the steel industry into one of the most profitable businesses turned him into one of the most influential figures of the era. However, Carnegie was more than just a successful businessman, he was also an innovator, who successfully adopted the Bessemer process at his various steel plants. Before the development of the open hearth furnace, the Bessemer process was the first inexpensive industrial technique used in the mass production of steel from molten pig iron. By including the most up to date equipment in his factories like the Bessemer Process, Carnegie was able to efficiently produce large amounts of steel at a low price.
1. Case: Crown, Cork and Seal in 1989 (a) Perform an industry analysis of the U.S metal can industry in 1989.Define the industry. Analyze the effect of buyer and supplier power, competition, barriers to entry, complements and substitute for the industry. Summarize your assessment of industry’s attractiveness. Is this an industry in which the average metal company can expect an attractive return over the long run?
JB Hi-Fi Limited (JBH) 1. Macro economic factors and Industry Analysis a. Describe the firms economic environment and evaluate how this has impacted historic firm performance and is likely relevant to future performance. b. Perform an industry analysis and evaluate the level of competition in the industry/ies that your firm operates 2. Business Strategy Analysis Identify the key success factors and risks of the firm 's strategy and the sustainability of profits generated by the strategy given the threat of competition.
Ratio Analysis of Blackwell Automotive Company BN160722 BUS 550 Financial Management Professor: Dr. Stephen Hawn Westcliff University 19/02/2017 Abstract This study is conducted to analyze the ratio analysis of Blackwell Automotive Company. This study shows the calculation of liquidity ratio of Blackwell Automotive Company in terms of current ratio and quick ratio. This study is conducted to analyze the days’ sales outstanding ratio, total assets turnover ratio and fixed assets turnover ratio of Blackwell Automotive Company with the help of its balance sheet provided.
a. The product and production orientation of marketing asserted that a company should first develop product and then they should scan the market for sale opportunities. Now days in the modern world the market have changes. The process orientation of marketing requires a company to first to analyse the market, understand customer requirement and then develop products. In todays world, the modern marketing is based on the reverse process, in which the first the customer needs and demands are identified. The subsequent market program of the firm depends on how the market identifies the potential customer, profiles them, target them and positions his offering in the minds of customer.
INTRODUCTION In June 2008, TATA Motors announced the acquisition of brands Jaguar and Land Rover from the car producing giant Ford Motors. The deal was valued at US$ 2.3 billion and is considered an overall success even from intercultural perspective. On the contrary, the deal was speculated to be a huge failure as the world was entering into recession in 2008 and Jaguar Land Rover (JLR) was incurring huge losses. The deal was an all cash deal with 100% acquisition of Jaguar Land Rover’s businesses.
(a) Background information on the companies. (Describe your companies’ profile and core business activities.) In this assignment, the 2 companies selected in a same industry are Hup Seng Industries BHD. and Apollo Food Holdings BHD.
In the other words, the higher the quick ratio, the greater the position of the liquidity of the company. Moreover, the inventory ratio of the company is stable. It is able to maintain approximately 3 to 4 in the three years. It means that the company is able to make the profit on each sale. Since the aim of the investor is to gain profit, the Ajinomoto Berhad can be a good choice for the investor to invest.