Lester Electronics Incorporated (LEI) a United States (US) capacitor distributor and Shang-wa Electronics, a South Asian capacitor manufacturer have had a contract for over 35 years to manufacture and distribute capacitors both in the US and South Asia. The agreement however is in jeopardy with the recent inquiries of two companies Avral Electronics and Transnational Electronics Corporation (TEC) wanting to possibly acquire LEI and Shang-wa. If this occurs however, LEI stands to lose over 40% of its income because the agreement would be nullified with an acquisition. However, because LEI and Shang-wa's owners are friends as well as business partners they have determined to merge their companies. This will protect the interests of LEI and Shang-wa and will less the threats from Avral and TEC (University of Phoenix, 2007). Lester Electronics is facing some major challenges because they may lose one of their biggest suppliers, Shang-wa, who is responsible for almost 45% of their revenue. Moreover, Lester Electronics is also being pursued by Avral Electronics to expand Arval's distribution network in the US market. In a situation like this, companies can often learn from other company's examples in similar situations. One of the companies Lester Electronics can look up to is Amazon and how Amazon developed a relationship with Borders six years ago which has helped Amazon tremendously in improving their awareness in the industry. The first concern that Lester should consider is checking whether or not they have enough financial capacity to carry out the merger with Shang-wa. The financial managers of Lester need to evaluate the company's cash flows to know if they have enough money to either buy Shang-wa with existing equity or to f... ... middle of paper ... ...l logistics. They will have to evaluate customer needs in different regions of the world, find manufacturing and distribution facilities, and look for ways to keep the labor cost low. The competition is one of the major strategies that need to be evaluated. LEI will have to look at its’ competition worldwide and find out what they are offering. Knowing what the competition is doing will enrich LEI with information that will give the company a better outlook on the technology worldwide and the strategies the competition is pursuing. The company will have to calculate the NPV and IRR and see if globalization will bring them the cash flow that they are looking for. “Much of the information we obtain is in the form of accounting statements, and much of the work of financial analysis is to extract cash flow information from accounting statements” (Ross, et al., 2005, p.7).
Analysis: Lester Electronics In the Lester Electronics Scenario, there are several things going on at once. Shang-Wa had already suggested a partnership to Lester Electronics, but this is now becoming more urgent due to a hostile takeover bid by TEC. In fear of losing his company, John Lin, the CEO and founder of Shang-Wa, approaches Bernard Lester, CEO of Lester Electronics with a serious proposal to form and partnership and expand the business in to a neighboring Asian country. Lester Electronics however
resulting consequences they must face. In the movie American Beauty, the character of Lester Burnham must make many important choices that could either lead to his ultimate happiness, or draw him further into his despair. In the movie American Beauty, it is evident that Lester Burnham is in a state of despair. Lester’s dull and monotonous voice introduces the audience to his daily routine of life. When Lester declares plain and simply, “This is my neighborhood, this is my street, this is my life
The Motivation of Lester in Child of God In the novel, Child of God. Lester Ballard committed heinous crimes against innocent victims. He murdered people in cold-blooded fashion and raped women when they were dead. What makes a human being do this may tell us a lot about criminals and humans themselves. In this paper I will try and analyze some of the core issues that lie at the heart of this story. Why did Ballard do what he did, to what extent is he responsible and what should have been his
story of the conflict between people of different races who have an inability to understand each other. They each want possession of a small house in the California hills but for very different reasons. On one side, there is Kathy Nicolo and Sheriff Lester Burdon who want the house from which Kathy was evicted. It previously belonged to Kathy’s father and she is reluctant to relinquish possession of it. Then there is the Behranis, a Persian family who was forced to flee to America in fear of their lives
In a film set almost 100 years later in an American suburb, another virginal seductress flips her dance skirt, giving admirers a peek at her panties, and inspires Bloom's modern incarnation, Lester Burnham, into a similar burst of auto-eroticism. The "metempsychosis" of Leopold Bloom into Lester Burnham isn't the only astonishing similarity between Ulysses and American Beauty. When screenwriter Alan Ball accepted the 2000 Golden
American Beauty, directed by Sam Mendes in 1999, is one of the best and most unique films I have ever seen. One of the opening scenes of the movie starts with a view of Lester Burnham, his attractive, blonde wife Carolyn Burnham and their daughter Janie and what seems to be what seems to be the Burnhams picture perfect life and picture perfect marriage. The suburban house with the clean cut lawn and perfect garden, white picket fence, the oak trees lining the street, the two cars parked in the driveway
The main character, Lester Burnham, is faced with many choices that could either lead to his ultimate happiness or draw him further into his despair. Carolyn Burnham, Lester's wife, is faced with a loveless marriage that exists only because she does not possess the willingness to break the cycle. This cycle involves protecting their daughter by staying married. In reality, children of a marriage such as this are often the biggest victims of this sham. Jane Burnham is Lester and Carolyn's daughter
in her house. Eddie Ray Branch, her grandson, testified that he visited his grandmother on the day that she was killed. He was there till at least 6:30 p.m. Lester Busby, her grandnephew, and David Hicks arrived while her grandson was still there and they saw him leave. They then went in to visit with Ms. Heggar. While they were there, Lester repaid Ms. Heggar 80 dollars, which he owed her. They left around 7:15 p.m. and went next door to a neighboring friend¡¦s house. David Hick¡¦s went home alone
The Victims in McCarthy's Child of God In Cormac McCarthy's Child of God, Lester Ballard is a recluse who is shunned by the people of his community. Because of his morose nature and his bizarre habits, he stands out among the small rural community. The rejected Ballard turns from being a harmless recluse to a murderer. While he is clearly a victimizer, he is also a victim himself. He is the victim of his own ostracization from the community that he was a part of. While the victimization that
moved to Los Angeles to look for different job opportunities. There, Ailey’s interests took flight and he became involved in dance. Ailey attended the Thomas Jefferson High School. His school friend in 1949, Carmen De Lavallade, introduced him to Lester Horton. Horton’s multi racial dance school covered a wide range of styles including modern, jazz, and classical ballet. After eventually leaving the college track, at the age of 22, Alvin joined the Horton Dance Company. Ailey participated in different
Grotesque atmosphere by escalating such disparity to a peak at which the protagonist Lester Burnham irrevocably bursts to death, posing a proposition of man’s raison d’être. The urge to merge in the society contradicts individuality. Carolyn, Janie and Lester– the Burnham family sets the framework and motion of the film. They epitomize three levels of mergence in the society or release of their individuality. Wife of Lester, Carolyn is a real estate saleswoman who craves for success. She wears delicate
No one could truly write a paper on a jazz artist without starting on where everything started. Jazz has been called America’s classical music. Along with the blues, its forefather, one of the truly native music to develop in America. We all know how jazz is known as improvisation and its rhythmic form. Also originated from the African American communities of New Orleans in the 19th and 20th centuries. Yet its impulsive, risky ventures into improvisation gave it critical cache that the blues lacked
was introduced by a classmate to the most influential person that would be the foundation for his future successful career in modern dance, Lester Horton (DeFrantz 1). Alvin was captivated by Lester’s work, which focuses on building a strong body, and made the executive decision to start his dance training in 1949 when he was eighteen years old. Because Lester Horton’s dance company embraced diversity, and accepted dancers of all ethnicities and backgrounds, Alvin was given the opportunity to do something
(Campbell 72) William goes to meet the famous rock critic, Lester Bangs, who is being interviewed at a local radio station. Over lunch, Lester initiates his role as MENTOR to the aspiring young journalist, warning him against making friends with the rock stars lest he lose his objectivity to write about them. “You have to build your reputation on being honest… and unmerciful,” he says repeatedly. Seeing that William is serious about his quest, Lester offers him a bona fide writing ass... ... middle of
Personally one of my favorite artists of all time, Billie Holiday, is known to be a true artist known in American pop and jazz history. She lived an emotional and challenging life, with plenty of stories to tell and enough sorrow to fill a songbook. Holiday sang with incredible profundity, sophistication, and her unique vocals is still considered to be one of the greatest jazz voices of all time. Billie Holiday, born Eleanora Fagan Gough on April 7th, 1915 was born in Baltimore, Maryland. She was