More handpicked essays just for you.
Contemporary brand management
Importance of branding in marketing management
Importance of branding in marketing
Don’t take our word for it - see why 10 million students trust us with their essay needs.
Dominion Motors & Controls, Ltd. 1) The problem: DMC's potential loss of significant market share in the near and long term, of oil well pumping motors if DMC doesn't respond quickly and effectively to the expected change in motor specs for the industry. 2) Causes of the problem: Hearsay concerning a study by the trend setting buyer in the market, which, if true, will promote the motors of DMC competitors and relegate DMC to third choice in the oil pumping market. Also DMC's perceived late discovery of the study. (Other manufacturers don't seem to know so DMC may still be ahead of the others in information, but their machine is 3rd choice so timely information is more critical to DMC) 3) Is this a brush fire or an important …show more content…
per unit or "mark up" of 94% (not really a mark up, fixed costs not included). (ii) a) Re-engineer 71/2hp for higher torque mfg cost of $790. would be $410. per unit or a "mark up" of 52%. b) Use a larger motor frame mfg cost $867. would be $333. per unit or 38% "mark up" (iii) Design a definite purpose motor mfg cost $665. SP $1045. (or more): $380 per unit or 57% "mark up" (how does the $75000. investment factor in?) 4 or 5 month to market mean they will miss most (if not all) of this years sales and it could have residual impact in loss of repeat business. (iv) The impact of attempting to persuade Bridges and Hamilton Oil that another set of conclusions could be drawn from the test results is unpredictable. Hamilton could be alienated by feeling challenged or suspected of weak analysis and it could negatively impact DMC's market share. Hamilton could be persuaded and it could be a neutral affect (although in his scenario, Bridges could be offended and that could have some negative impact). 5) Key advantages and disadvantages of each …show more content…
It could diminish revenue; it is overmotoring which is against the new standards. Re-engineering would provide what the market wanted and thus hold market share. It could diminish revenue. It could invite a torque war which could cause confusion in the industry and possibly encourage the oil companies the look for innovative ways to avoid the confused market. This could hurt the entire industry. This alternative is also 3 months from market. A definite purpose motor could capture an even larger share of the market. It could possibly dominate the market. It would be usable in one market and changes in the industry could render it obsolete. It can't be easily transferred to other uses. There is an investment of $75000. and it's 4 to 5 months from market. Persuade Hamilton of another interpretation of the study results: Hamilton could be persuaded and the non affect is a positive for DMC. Hamilton could be alienated and that could hurt DMC 6) What should DMC's program be for this
Disadvantage: Expanding to global market is a costly strategy; UA will have a struggle time at first, because its competitors, like Nike, Adidas, have secured international market share.
There are two solutions that provide the optimal profit given the current constraints under which JP Molasses operates. Under these conditions, the optimal profit is $63,571. This profit margin is achieved in both cases with revenue of $942,354 and cost of $412,333 for material purchased and $466,450 for fixed and variable costs in processing, for total cost of $878,783.
Based off of the data provided in the case study it would appear that under the traditional costing. Which are the cost that were incurred to produce OS-367. It appears that those cost were being allocated to GS-157 and HS-241. The cost per unit for OS-367 was $10 under the traditional costing system and the same has become $13.75 under the ABC system.
So this is where option 1 comes in. If there is an opportunity for Andrews to reduce costs, increase production to meet increased demand, then that should be quickly taken advantage of. It’s that simple.
In conclusion, although CETA will bring many advantages for the Canadian industry, it will also harm major sectors resulting in decreased sales, increased taxes and lack of investment for Canada’s economy in exchange for technology and open market to millions of customers in Europe.
$500,000 or under (including the “fab” cost of the Honeywell TPE331 engines, two propellers, airframe modification materials, electrical system upgrades, and the direct labor costs used to perform the modification)
...l feedstock. If ANWR drilling is allowed, our domestic crude oil production can reach a feasible rate of 10 million barrels per day by 2020. Additionally, with innovations in technology and better consumption habits are implemented, factors like: fuel efficient vehicles can be produced, electric battery created, and natural gas in freight transportation can be extended.
If the interest income from these rates makes up approximately 35% of each company’s net
Cost-plus pricing, it the industry pricing standard, and is a method to determine a price of the product by finding the cost per unit and then including a mark-up
... Additionally, the hurdles imposed by the government agencies will impact the cost of sourcing from China adversely and will have a negative impact on the profitability for the company.
Assuming an hour of time for the sales associates to drive and visit clients = 15 x $125.00 = $1875.00
The company must continuously keep up with automobile trends, new technology, and government and safety demands. According to General Motor’s SWOT Analysis provided by MarketLine, the company’s “robust technological capabilities enhances new product development,” ( Marketline, Pg. 32). The SWOT Analysis also outlines a company opportunity for the advancement of hybrid electric and alternate fuel vehicles (Marketline, Pg. 32). GM has strong capabilities for new product designs and research and development. The company has spent nearly $15 billion on research and development activities in the last two years with the focus of developing new products and services, improving existing products and services, and improving fuel economy and safety of vehicles (Marketline, Pg. 33). The company’s top innovation priorities lie in development and advancement of alternative propulsion strategies, fuel efficiency. They now offer the FlexFuel vehicle that can run on gasoline-ethanol blend fuels as well as electric cars and hybrid cars (Marketline, Pg. 34). General Motors maintains its spot as an industry leader of innovation and development, which in turn gives it a strong competitive
This saved nearly $84,000/year and restored production for October through June, paying out the multiphase pump installation in 1.1 years.
the company can attempt to reduce the impact with a better defined strategy. Many firm-specific issues can
As a consultant for Toys, Inc., I have been called in for my advice by the company’s president, Marybeth Corbella; on which of the two proposed options would be best for the company and for the customers as well. Toys, Inc. is a 20-year-old company that produces toys and board games, our company has a reputation built on quality and innovation. Although we have been the market leader in our field, the sales have become stagnant in recent years, and sales have begun to decline when comparing them to the sales in the past. With the company’s managers attributing the decline of sales on the economy, the company was forced to reduce production costs and layoffs in the design and product development departments; this action will hopefully increase