The following article I found was issued on January 19th 2018. I found this article on South Florida Business Journal website and it is named “Fort Lauderdale to Consider Development of Golf/Entertainment Venue on City Land”. Drive Shack is a leading owner and operator of golf-related leisure and entertainment businesses. New York-based Drive Shack is developing facilities across the country that will combine a technologically advanced driving range with a sports bar, restaurants, and games. Its first facility is under construction in Orlando, and it has another approved in West Palm Beach. Fort Lauderdale could lease city land to Drive Shack, which plans to build one of its first golf/entertainment complexes in Broward County. In Fort Lauderdale,
Scott and Mark’s only public asset is their condominium at 250 Bowery which has an estimated market value of
Peak Garage Door Inc. has set a goal to increase their sales for 2004. Garage door industry is expecting a growth of 2.4% while the management of Peak is looking to increase company’s sales 26.4%. The company currently has 50 exclusive dealers and 300 non-exclusive dealers. Management has three proposals in front of them. The first suggestion is to increase the number dealers in their existing markets. The second recommendation is to develop an exclusive franchise agreement with existing non-exclusive dealers. The third recommendation is to decrease the number of dealers and focus company’s resources on increasing support for the existing dealers. Of course there is an option for them to leave everything as it is. My suggestion is to go with the second recommendation due to the fact that exclusive dealers produced 70% of company’s sales and non-exclusive dealers contributed only 30%. In order for Peak Garage Doors Inc. to reach their sales goal for ‘04 they will have to gain more exclusive dealers since they contribute much more profit to the company.
Today the 50-acre property overlooking Biscayne Bay, is owned by Miami-Dade County, and has been marked as a National Historic Landmark. With its beautiful architecture, lush hammock forests, and elegant gardens, the property attracts over a quarter of a million visitors each year.
Bass Pro shop started as an 8-foot-long display area in the back of a liquor store in 1971 and has expanded into a Fortune 500 company that employs over 8,800 employees and has annual sales estimating somewhere around $1.25 billion today. The question at hand is: should Bass Pro Shops continue to expand, and if so at what rate should they? The primary problems they might face when expanding are as follows. Could expansion hurt their brand image and if so how? The Competition outside of Missouri is going to be much greater. They will not have the publicity and brand recognition as they do in Missouri. Does Bass Pro have the financial resources in order to open new stores, if not then what are some options they can exercise? Will Negative publicity threaten their brand image as they continue to grow? Is the cost of overhead going to be too high initially for Bass Pro to expand at a fast rate, if so then at what rate should they expand yearly? These are all problems Bass Pro is going to have to face in the future. Through research and extensive problem solving, they will be able to make an accurate decision on rather they should expand.
...d to provide some protection for the 8,750 acres in Chattanooga.” General consensus is that this would affect the economy negatively.
Lowe’s Companies, Inc. is the fourteenth largest retailer in America, and overall the world’s second largest home improvement retailer. They are the 108th ranked corporation on the Fortune 500 top corporations list. With an impressive in store stock of 40,000 home improvement items on hand, ranging from lumber to Home décor items, plus an additional 400,000 home improvement items available through a special order program. Lowe’s provides a onetime stop for all home improvement needs, for both the Do-It-Yourselfer, and the ever-expanding market of the Commercial Business Customer.
J. Crew, also known as J. Crew Group Inc., is a private label company known for its preppy fashions that are fashionable yet costly. Essentially, the company was owned by the Cinader family for most of its history. Mitchell Cinader and Saul Charles founded the company in 1947. It was originally known as Popular Merchandise Inc. doing business as the Popular Club Plan, in which Mitchell’s son Arthur was the overseer. The company sold women’s clothing through in-home demonstrations. In the early 1980’s, Cinader and Charles observed catalog retailers such as Land’s End, Talbots and L.L. Bean reporting rising sales in revenue. With intentions to increase sales and duplicate success of these well known companies, Popular Club Plan began its own catalog (http://www.fundinguniverse.com/company-histories/j-crew-group-inc-history/).
Because of the amount of overdeveloped areas that are now vacant, the desire to renovate old vacant properties and land plots has all but disappeared. What if there was a beneficial solution to unused land plots in need of rehab and redesign? What if, instead of paving over every leftover inch of grass and dirt in urban areas to make room for more parking for our daily commuting polluters, we instead reinvent that land for a purpose that is both beneficial to our
The Minnesota Mining & Manufacturing Corporation (3M) was founded in 1902. It reported sales revenues of $16.7 billion during the year 2000. These revenues came from 3M's six business divisions: industrial; transportation, graphics, and safety; healthcare; consumer and office; electro and communications; and specialty materials. All business divisions were profitable in 2000. The same year, the company made more than 60,000 products and about $5.6 billion sales came from products that had been introduced during the prior four years and another $1.5 billion came from products introduced during 2000. Annually, more than 75,000 employees worked to create more than 500 new products. The company was recognized for its vertical organizational structure, with businesses established by technologies and markets. It was one of the most admired corporations in America and was awarded the National Medal for Technology, the U.S. government's top award for innovation, in 1995.
The Mission Statement for the golf course is “To maintain and operate Hillandale golf course, a public recreational facility, open for all area residents”. When I first started taking classes at the golf course they told us to that Hillandale was a place for everyone and they allowed everyone to come to the golf course and learn the game and they also would like to bring members in the community together, and for a long time the course has been a good way to bring people together in the area. The golf course is located in a good area close to a lot of houses and also close to Northgate mall. As I attended the course I noticed that older men attend t...
Napton, Darrell E., and Christopher R. Laingen. "Expansion Of Golf Courses In The United States." Geographical Review 98.1 (2008): 24-41. Academic Search Premier. Web. 11 Nov. 2013.
The automotive industry is one of the most important sectors of the economy for every country in the world. It involves a large number of corporations and institutions engaged in the manufacturing process of motor vehicles including designing, developing, manufacturing, marketing, and selling. It contributes to the global economic growth by generating a significant return and creating a ripple effect on supporting the supply chain as well as providing job opportunities for the skilled workers (ACEA, 2016).
Sears has seen many different changes in business and has had to adjust to t...
The case explains unique challenge of currency exchange that vehicle manufacturers Hyundai and Kia face. Both manufacturers heavily rely on the sale of their vehicles in the United States. In 2006, when the South Korean currency’s value rose, and the U.S. dollar fell, it meant that vehicles sold in the U.S. were not worth as much when the profit was transferred back into won. Despite growing sales, in 2006 both companies recorded a loss due to this conundrum. To combat this, Hyundai and Kia opened manufacturing plants in the U.S. This allows the companies to produce vehicles in either location, and production can be shifted depending upon currency values (Hill, 2011).