a very strong brand name and being #1 in the Consumer & Industrial segments of the power tools market‚ Black & Decker (B&D) was being significantly outsold by Makita Electric of Japan‚ who had taken over the Tradesmen segment with 80% market share in cordless drills and 50% overall share in this segment. Tradesmen appeared to perceive the B&D brand as a household product unworthy of their usage given B&D’s success in the Consumer segment and Makita’s dominance of the Two-Step
Premium Marketing
NICHE CONSULTING GROUP 101 Madison Avenue New York‚ New York April 24‚ 2010 John F. Lundgren President & Chief Executive Officer Stanley Black & Decker 1000 Stanley Drive New Britain‚ CT 06053 Dear Mr. Lundgren‚ In response to your request‚ an evaluation of your firm‚ Stanley Black & Decker‚ was conducted to determine the strategic issues and problems within and surrounding your firm. This consisted of a review of the external environment‚ a SWOT (Strengths‚ Weaknesses
Premium Marketing Management Strategic management
|This is a decision case. Galli has 3 optional strategies to choose to improve the poor sales of Professional-Tradesmen products. We need to analyze all of | |them and make a decision. | |SWOT analysis(Strength Weakness Opportunity Threats) can be applied to this case. | |End users hold a
Premium Term Time Management
Questions 1. What do you think of Grunewald’s plan for creating a “global lock business”? What factors favor this action? What factors stand in the way? I think Grunewald’s plan for creating a global lock business might turn out to be a profitable idea. His plan for a “global lock business” would include having marketing managers‚ product managers‚ and a project manager within each lock company. As well as each group having a group product manager that would help with the organizational design
Premium Management
WHY DO YOU LEARN THE ECONOMICS? What is economics? Economics is a study of how goods and services are produced‚ distributed and consumed. It focuses on how the economic agents; the sellers and the buyers interact with each other and how the economics flows around the world. Every single people should have a better understanding on it as it affect almost every single decisions in our life‚ as well as government’s decisions for our country. Economy can be divided into two branches; microeconomics
Free Economics
(Group Assignment). 2. Form a group of 4 to 5 person. 3. Dateline: 1 September 2014‚ 5pm Learning outcome 1. Apply the calculation for fundamentals of material balance for reactive system. 2. Calculate the parameter required for the combustion process. Scenario You have been assigned by the Department of Environment (DOE) to measure SO 2 emission from a small industrial power plant. You have withdrawn and analyzed a gas sample from the boiler stack and obtain the following composition: 75
Premium Combustion Chemical engineering Methane
I. Background and Problem Identification Black and Decker (B&D) was founded in 1910 by Duncan Black and Alonzo Decker. By 1917‚ B&D had world’s first patent in portable power drills. Since then‚ B&D has been the world’s largest producer of power tools and power tools accessories. The power tools market in 1990 in the US mainly comprised of three segments-Professional Industrial Tools (PI)‚ Professional-Tradesmen (PT) Tools and Consumer tools. B&D was a market leader in America power
Premium Marketing
I believe that most people learn from their mistakes.I am aware of several mistakes that I have leraned from‚and I have watched my family and friends learn and grow from their mistakes.In fact‚I believe that most of the progress we have made in science and technology is the result of people learning from mistakes.When I was 18 years old‚i rushed into a marriage with a man whom I did not know well enough.We thought we loved each other ‚but it turned out that we were not well-matched at all‚and eventually
Premium Incandescent light bulb Psychology Learning
You are never too old to do anything People that think that elderly people are too old to do the things which the younger generation are quite capable to do are guilty of both; lack of conviction and uncertainty. Long-standing people are just as capable as we are of fulfilling their dreams and living the way that they want to live due to them being more experienced than us in life for which they know more than the younger generation. Undoubtedly‚ there will be differing opinions from their family
Premium Old age Gerontology Ageing
Stanley Black and Decker is a provider of tools and storage‚ commercial electronic security and engineered fastening systems. Stanley Black and Decker is a world-leading provider in its field and it does so with growth platforms and sustained profitable growth. Black and Decker is a part of the Stanley Black and Decker organization. Ecological sustainability means using natural resources wisely in the short run‚ now‚ so that there are still natural resources available in the long run‚ later. This
Premium Sustainability Natural environment Corporate social responsibility