● Background of Molex company LC
● SWOT and 5 forces analysis BC
● Statement and explanation of problem presented in case JA ● Statement of possible solutions (solutions given in case)JE ● Statement and explanation of decided upon solution TS
***Meeting Sunday to finish this paper and start presentation*****
Background on Molex:
Molex Inc. was founded in Lisle, Illinois by Frederick Krehbiel in 1938. It designs, manufactures, and distributes electronic, electrical and fiber optic interconnection systems and offers over 100,000 different products. According to their website, Molex serves diverse industries including, aerospace and defense, alternative energy, and smart phones and mobile devices. It has a distinguished reputation as an innovative company, and have even designed most of the connectors on a current ATX standard power supply. The company operates 41 manufacturing locations in 15 countries and employs more than 35,000 people globally. Around 70% of Molex’s revenues come from countries outside the United States.
In 2013, Koch Industries, one of the largest private companies in the nation, acquired Molex Inc. Koch Industries will acquire all outstanding stock for a total of about $7.2 billion. Molex is a subsidiary and continues to be operated by the previous executive team. Due to the strong reputation of Molex, they retained their name and will continue to be headquartered in Lisle, Illinois.
In the wake of the audit failures related to the Enron, Tyco, and Adelphia scandals, the American government created the SarbanesOxley Act (SOX) on July 30, 2002. SOX made significant changes to the way American public companies reported their financial statements. These changes included, the creation of the Public Company Accounting oversight Board (PCAOB), which provides external and independent oversight over the audits of public entities, increased independence rules, for example ...
Please join StudyMode to read the full document