Premium Essay

Edmunds Company

In: Business and Management

Submitted By tsoanit
Words 450
Pages 2
Wuhan University of Technology

School of Management Science and Engineering

Case for Critical Analysis: Edmunds Corrugated Parts and Services

Program: PhD. Enterprise Management
Subject: Advanced Management

Question 1
SWOT Analysis

STRENGTHS * Good Reputation * Proven Reliability in delivering service to customers * Personalised Service to the Customers * Dominant Market Share * A Company Culture that is based on Diligence, Loyalty and Reliability among Employees | WEAKNESSES * An aging employee base that’s due for retirement and cannot be easily replaced * Minimal use of the internet and technology in general * Specialised market | OPPORTUNITIES * Product Diversification possibilities * Making use of the internet to possibly gain wider access to the local market and entering new territory in the global market arena * Possible Joint Venture Agreements to enable the company to diversify its products and offer access to other markets in other countries | THREATS * Higher Cost of raw material * Change in the Box Industry * Fluctuating demand in manufacturing output * Alternative New products entering the Market. E.g. Plastic Film * Consolidation in the Paper Industry wiped out customers/clients |

Question 2
Role of the Internet
The internet would increase bargaining power of the company; this will be the case as procurement over the web would give the company a wider access to customers and also enable easy access of the company’s products and services to the end-users. The internet can also be used as a marketing tool not just to provide information about the company as it currently does on its webpage.
The Internet is mainly used by companies to: * Create new substitution threats * Reduce barrier to entry * Blur the differences amongst competitors * Shift greater power to end consumers…...

Similar Documents

Premium Essay

Multinational Companies

...Multinational Companies Raul A. Murguia June 19, 2012 Research and prepare a discussion that addresses the ethical dilemmas that face multinational companies. Pay particular attention to the problem of different standards for business practice. Cite your sources using proper APA style. Respond to at least two of your classmates' postings. Multinational companies face ethical dilemmas magnified by the international context. Multinational companies operate across many countries; each country has its own culture and laws, and their own diverse social norms and ethical practices. In order to move into new markets and increase their profits they operate in multiple host countries. The laws, rules and regulations that govern how business is conducted set by the governments of these host countries are very different from those set by the home country of such multinational companies. Multinational companies find themselves confused by these laws, rules and customs of the host nation in which they conduct business. Should they do as the locals do or should they conform to the different and even conflicting cultural and ethical guidelines of their home countries? What could be viewed as ethically right in the home country may be absolutely considered wrong in the host country, and vice versa. In this sense, what constitutes an ethical act depends on where the multinational company is operating. A society’s culture is a good indication of what type......

Words: 480 - Pages: 2

Free Essay

Edmund Burke and the Sublime

...Burke, Williams, and the Hierarchy of Human Emotion Regarding the Nature of the Sublime. The sublime, or the passion distinguished by the aesthetic defined by Edmund Burke in his Philosophical Inquiry into the Origin of Our Ideas of the Sublime and the Beautiful is characterized by “astonishment […] in which all its motions are suspended, with some degree of horror” (57). These sentiments pervade the texts of his Reflections on the Revolution in France and Helen Maria Williams’ Letters Written in France. Though the two authors clearly have opposing views concerning the French Revolution, both explore the implications of human emotion and its role pertaining to the rights of man. Both authors vigorously appeal to the heart, but differ over the question of authority regarding human emotion, specifically pertaining to the sublime. Human emotion both works is employed to function as an authority in the measurement of man’s actions, but whereas the legitimacy of emotion for Burke is socially hierarchical, Williams’ notion of the sublime is more democratic. More specifically, the sublime when associated with the common man for Burke is a pejorative term whose end results in revolution. His appeal to the heart strives to achieve the aesthetic of the beauty, that is, the qualities of order and logic. For Williams, on the other hand, the height of human passion produces a sublime free from astonishment and horror and welcomes the participation of the collective to piece......

Words: 1377 - Pages: 6

Premium Essay

Dr. Edmund Prater Questions

...DR. EDMUND PRATER QUESTIONS PROBLEM SITUATION #3 Peter’s Peripherals assembles multimedia upgrade kits --- sets of components for adding sound and video to desktop computers. The demand for their kits for the next four quarters is estimated in the table below. Unit manufacturing cost for each kit is $160. Holding costs on each kit is $80 per quarter. Any kit that must be delivered late is assessed a backorder cost of $120. Each worker is capable of finishing 10 kits per quarter. If the company chooses to vary work force levels, it will incur costs of $400 for each additional worker; $600 for each termination. The company currently has 28 employees. | |2007 - III |2007-IV |2008 - I |2008 - II | |Demand |280 |340 |360 |300 | 1. Following a pure chase strategy, production in 2008-II will be ______ kits and will require that: a. 300, six workers be terminated b. 300, six workers be added c. 320, no workers be added d. 240, five workers be terminated e. none of the above 2. Following a pure level strategy, production in 2007 – IV will be ______ units, which will result in ______ units of ending inventory at the end of that quarter. a. 340, 60 b. 320, 20 c. 340, zero d. 320, zero ...

Words: 1197 - Pages: 5

Premium Essay

Be Company

...income statements, balance sheets, and cash budgets based on sales increases of 500 units per month and 30-day advanced production for January through September. See attached income statements, balance sheets and cash budgets. When will the company need extra funds? How much will be needed? When can a short-term loan to cover the need be repaid? The company needs extra funds in April to keep from going into a negative bank balance by the end of April. If nothing changes the ending bank balance for April will be -$2500. A short term loan of $2500 will allow the company to continue operating through April. Unfortunately if nothing changes, they will need another short term loan of $25000 to operate through May, $37500 to operate through June, $40000 to operate through July, and $32500 to operate through August. If the business plan is not changed or customers made to pay within the net 30 terms, a short term loan cannot be repaid with the current sales and production schedule. 2. How is it possible that a company starts with $250,000 in capital and has profitable sales for a period of six months and still ends up with a zero bank balance? Why did Medieval Adventures need money in April? How could this need have been avoided? The company runs out of cash because the aggressive growth schedule cannot be sustained while the customers are allowed to pay invoiced 30 days late. Medieval Adventures needs money in April because the cost to produce the June inventory. Aaron......

Words: 1247 - Pages: 5

Free Essay

Edmunds Corrugated

...overseas to maximize profits and stay afloat in the blunder. However, there are still many U.S. based companies that are remaining strong due to their specialty and providing a specific product to a specific market. It is companies like this that are in high demand, while sometimes slow, will always be necessary. This is so as many parts are custom and specific to the application and the platform in which they will be used. Edmunds Corrugated Parts & Services is one of these companies rooted in the Shenandoah Valley of Pennsylvania. This company provides specialized custom made parts to fix failed parts on machines that produce corrugated cardboard used in the construction of cardboard boxes. However, due to the downturn in the economy and advances in new materials used for shipping, it has had a negative effect on Edmunds Corrugated Parts & Services. Edmunds Corrugated Parts & Services have been around for many years, growing from a barn sized building to a 50,000 square-foot factory. The company has employed locals from around the area, many of which are ready to retire. One of Larry Edmunds’ main concerns is how he will replace these highly skilled and experienced individuals once they retire. Larry feels if there are new hires the quality of the finished product may decrease significantly, having a negative on Edmunds Corrugated bottom line. Larry Edmunds’ second major concern and causal for some loss in profits, was the emergence of new technology......

Words: 1318 - Pages: 6

Free Essay

Sonnet 75 Edmund Spenser Interpretation

...In Sonnet 75 of Edmund Spenser’s literary work, the statement love is everlasting and love is transitory both corresponds to the overall theme and context of the sonnet as supported by the verses found in text. There are three key points that are evident throughout the piece: 1. The speaker believes the his lover should be able to live forever although death occurs naturally; 2. His lover believes his attempts are all in vain and he cannot prevent life and time to metaphorically wipe her away; 3. The sonnet presents a theme that provides two paradoxical perspectives, one just as valid as the other. The setting of this sonnet is at a beach where the speaker is writing his lover’s name on the sand. His writing is washed away by the tide so he wrote it again yet his writings still suffered the same fate. In the sonnet, the tide/water is personified as a provider of pain to the speaker. The speaker’s wife steps in telling the speaker that all his actions are in vain since he cannot stop the tide from rushing in. Metaphorically speaking, the tide represents death that sweeps in continuously upon life and the act of the speaker’s lover stepping in simply shows that she believes that all the speaker’s actions are in vain for he cannot stop death from taking her from him and from time fading out her name. The waves signify time, a constant reminder of the cruelty of love and a reminder of the ephemeral nature of life. The speaker’s lover believes that she will “wash away” like......

Words: 424 - Pages: 2

Premium Essay

Company

...5/8/2014 Most important document in constitution of a company is Memorandum | Law Teacher Need help? ☎ 0115 966 7966 Enter your search terms... Search Home Services Prices Order Quality About Us Law Help Contact Us My Account You are here: Law Teacher » Company Law » Essays » Most Important Document In Constitution Of A Company Is Memorandum Of Association Company Law Essay Most important document in constitution of a company is Memorandum Search all our free law essays... These essays have been written by students for you to use to help you with your studies. If you need your own custom law essay then we can help.... Get a quote for your own law essay... 0 Translate this page Select Language ​ ▼ Order Your Law Essay Search Share & Download Like 0 Print Download Email Order your custom law essay today to help you achieve the grade you need. Tw eet 0 Order Now Introduction The most important document in the constitution of a company is the Memorandum of Association of the company. The Articles of Association is the second most important document that needs to be registered by any company for its incorporation, registration and subsequent operation. It is a public document laying down the rules for the internal management of the company and it does not have the force of ‘law’. The provisions of the article amount to public notice, known as constructive notice. This is the doctrine of constructive notice.......

Words: 2872 - Pages: 12

Premium Essay

Company

...incorporation is the creation of two independent bodies; the company and its membership. The membership of a limited company takes shares in a company. The shares held represent a member’s interest in the company. The nature and extent of this interest will determine the member’s right to participate in dividend payments as well as a member’s right to participate in the decision making policy of the company. Subject to any prohibition contained in the company’s constitution, a shareholder may freely sell or dispose of his shareholding interest. In respect of the company’s existence, it is quite irrelevant that the identity of its shareholder may change. A company’s legal existence is not dependent upon the survival of individual shareholders. Accordingly, a company is said to have perpetual succession. Although one person may in effect control and execute the affairs of a company by occupying several positions in the corporate structure – for example, an individual may be the majority shareholder, the company’s managing director and at the same time the company’s sole employee – such a person is not regarded as the company. The company has a separate legal entity. While a company holds its property and assets for the ultimate benefit of the associated tights of its membership, a member of a company may still be convicted A company’s board of directors is comprised of the individually appointed directors of the company. The board is the ultimate decision-making body and......

Words: 313 - Pages: 2

Premium Essay

A Report on Oscar Edmund Berninghausa’s Painting

...Although Edmund uses more of dark colors for the vegetation, his mixture of red, yellow, and a shade of orange on the woman’s gown and face, and the patchy flower bushes at the stump of the tree, and his use of purple on the mountains and tree barks gave the painting its vibrant appearance. I understood that the painting is one of the many paintings of Edmund. He Lived in Taos Pueblo, a place that lies about one mile north of the modern city of Taos, here in New Mexico. According to reports, Taos community is known for being one of the most private, secretive and conservative pueblos. According to a study made on Taos, it is a place surrounded by rocky mountains on the east of New Mexico and by the mesas which bordered the Rio Grande on the west. As observed, it is today as it has been in the past one of the best watered, greenest, and most fertile valleys in the Southwest. It is noted that the valley owes its fertility and attractiveness in large part to its altitude and location in the mountains. Hence, the artwork is a magnificent documentation of that place. It is a representation of of the naturalistic appearance of that place. Of course, this why the painting radiates with such natural beauty and a touch of tenderness. It is bold and beautiful. According to the inscription/description on the museum wall, the painting is a portrait of Mariza Martinez of Taos Pueblo. She and her husband Albert were friends to Edmund and they have modeled with their children for......

Words: 1758 - Pages: 8

Premium Essay

Company

...visible part of ethics of an organization and has a core values. The field of responsible business practice is one of the most speedily budding corporate today. Now companies have to build shareholder value while harmonizing the increasing, ethical, social and environmental expectation of the society. In a nutshell, today companies have to make profits with principle, which will ultimately need companies to be more transparent. There is a consciousness that being responsible can actually be good for a company’s reputation and for a business. CSR particles in Bangladesh A socially responsible business environment is as much needed in Bangladesh as anywhere else. It’s really needed in a developing country like Bangladesh. In developing country, where social institution are still surfacing the corporate entities have to show more commitment. There are a lot of reason shows that CSR practices in Bangladesh must need to growing awareness and should emphasis. There, of course, was all old concept of CSR. But in Bangladesh this is changing, but not as fast as it is changing in other countries. Businesses now understand that social commitment brings recognition. All companies need to consider their CSR for two basic reasons. Firstly, because there is increasing pressure from all stake holders to do so. Any company that does not enlarge and promote its CSR policy to all its stakeholders will face increasing threats to its reputation. Secondly, become it makes a......

Words: 2122 - Pages: 9

Free Essay

Edmunds Case Analysis

...Edmunds Case Analysis 1. SWOT Analysis Strengths: Has been in business for more than 2 decades Has hard working, loyal workers The business employs over 100 people, many of them are neighbors Skilled and loyal employees Has a reputation for reliability and exceptional, personalized service The business has a market share that is holding steady at 75 percent The business has a good management style Weakness: Thought for certain the company was well positioned for steady growth Area of business is rural The web page on the internet, does little beside give a basic description of the company Right now the business is only in the domestic market The products and service is only for the box industry Replacing skilled workers is going to be difficult Original employees are now nearing retirement Opportunities: 50,000 square foot factory has room to grow The brightest and best young people are right in this area Though highly fragmented US corrugated box industry certainly qualified as a mature one, no one seriously expected US manufacturers to be dislodged from their position as major producers for both domestic and export markets. Better use of the internet and web page Threats: Consolidation in the paper industry wiped out hundreds of US plants and many of the survivors either opening overseas facilities or entering into joint ventures abroad. Investment of higher quality machines by companies broke down less frequently, thus they do not need the......

Words: 1239 - Pages: 5

Free Essay

Edmund Gosse

...This extract is taken from the autobiography ‘Father and Son’ by Sir Edmund Gosse, meaning the extract has a personal and meaningful tone. The autobiography would have been available to all those who can read, notably the middle and upper classes, and in particular, those with a vested interest in the life and beliefs of Gosse’s father. The autobiography aims to portray Gosse’s developing crisis of faith, and shows how their differing beliefs divide Gosse and his father. The extract details the desperate attempts of Gosse’s father to reconcile his Christian faith with his own scientific theories. Gosse opens the extract by exploring his father’s crisis of faith, as he explains the “mournful admission” that due to “every instinct” in his father’s “intelligence”, he could not help but “greet the new light”, and consider the validity of the scientific discoveries. The adjective “mournful” implies a sorrowful and deject tone, as if his “admission” is something to be ashamed of. This is because the works of Darwin and Lyell caused outrage and tumult within the Victorian society, and to voice the “admission” of understanding their theories, was deemed outrageous. This sense of acknowledgement is similar to that in Alfred Lord Tennyson’s poem, “In Memoriam”. Both this poem and Gosse’s autobiography would have been read by middle and upper class citizens, and therefore would have received a hostile reception. The middle and upper classes viewed the scientific discoveries in a......

Words: 395 - Pages: 2

Premium Essay

Companies

...SERVICE COMPANY A service is business sells things that are not tangible. A service company does not stock inventory, but it may need to stock tools and supplies. For example, a gardener comes to mow the lawn for a fee. He is selling a service. He may need to supply his own lawnmower, which is a cost of doing business. A maid sells the service of cleaning houses, but she may or may not need to bring her own cleaning supplies. After selling a service, there is no widget to pack up. MERCHANDISING COMPANY A merchandise business sells merchandise. Good examples of merchandising businesses include retail clothing, grocery stores and bookstores. Many people use the term "widget" to refer to any merchandise a business offers for sale when discussing business issues and dynamics. For example, a sale in which a customer receives two widgets for the price of one may refer to any type of merchandise. It could mean two pairs of shoes for the price of one or two boxes of pasta for the price of one. A merchandising company purchases inventory items to resell to customers. The company buys from several vendors and provides a central purchasing point where customers can purchase everything in one stop. The customer benefits by making one convenient stop for all her needs. Inventory represents the primary asset of a merchandising company. The typical financial transactions of a merchandising company include purchasing inventory, storing the inventory and selling the inventory to...

Words: 260 - Pages: 2

Free Essay

Edmund Husserl

...Edmund Husserl Husserl is the acknowledged founder of Phenomenology. Husserl thought that Phenomenology was an exact science whose main drive was to study the phenomena, or appearances of human experience. Yet, he did not thought of it as a science of facts, but rather as an a priori or eidetic science, which deal with essences, and is grounded on the absolute certainty. This sort of certainty was thought to be achieved through examination of consciousness by consciousness itself. Thus, Husserl considered consciousness the main topic for philosophy. And in examining the form of this consciousness, Husserl discovered what he called ‘the natural standpoint’. Husserl said that the world as it is actually lived by individual is the natural standpoint. Yet according to Husserl, it is possible to get behind this natural standpoint to identify an invariant intentional structure. Husserl developed a method of bracketing, which he called epoche. For example, I may look with pleasure at a blossoming apple tree. From the natural standpoint, I can see that the tree exists outside of me in space and time and that I am enjoying my physical state of pleasure. From this standpoint, moreover, there is an assumed relation between me and the apple tree. But I can suspend my judgments about the tree and perform an epoche. This bracketing moves me from a natural to a phenomenological standpoint. By no longer referring to objective existence, by applying the phenomenological instead, I have......

Words: 373 - Pages: 2

Premium Essay

Company

... Riordan Manufacturing Company is expanding the infrastructure by reducing the cost of their raw materials and entire finished products. The company has an old MRP Information System (IS) and this project we will provide an opportunity to upgrade the infrastructure that will be cost efficient in the way they track their inventory. Goal of the Project: The company would like to develop a new MRP to track and manage their raw material and finished products. This will reduce their cost throughout all companies and their plants. Business Objectives: * Accurately track and manage raw and finished products * Reduce inventory cost of raw and finished products * Improve MRP infrastructure The company would like to make sure that is feasible in developing a new MRP II System to ensure the company can track and manage their products and reduce the cost of materials. We will upgrade the company communication infrastructure. Limitation: * Financial – The project should not to exceed $750.000 * Time – Both systems need to be running at the same time until all the kinks are out of the system, so we will have 12 months to get it online. * Resources – The Company will bring in a third party technical analysis team to provide the expertise needed for the project. * Policies - They will provide new polices on the new system. Information Technology Requirement: The company will use a third party group to make sure...

Words: 557 - Pages: 3