case‚ CMI and CTS are the two companies. Negotiation’s primary objective is to satisfy both (or all) the parties involved in the process of negotiation. In this case‚ the objective of CTS is to get acquired‚ and CMI aims to acquire CTS too. All the parties involved in the negotiation aim to satisfy their interests during the dialogue of negotiation (Van‚ De Dreu & Manstead‚ 2004). Discussion Financial Findings The financial findings of the merger between CMI and CTS show that CMI has a budget
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Qualifications summary Successful completion of the Regular and Territorial Army Late Entry Officers Commissioning Course has been accredited by CMI as follows: CMI Level 7 Certificate in Strategic Management and Leadership (QCF) CMI level 7 management and leadership qualifications are developed for senior managers responsible for translating organisational strategy into effective performance. Level 7 qualifications portray practical management and leadership skills and competencies that are
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1980‚ Cumberland Metal Industries (CMI) had developed a new product for the pile driving industry. Its new pad‚ made of tightly curled metal‚ had the potential to break into an industry where little or no innovation was taking place. The CMI product testing showed great efficiency gains over the current standard asbestos product. The existing competition consisted of small firms‚ few of which had the knowledge or resources to design and develop new products. CMI seemed on the verge of breaking into
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.................................................................................. 7 Curled Metal Inc. Engineered Products Division THE PROBLEM STATEMENT Curled Metal Inc. has been given the opportunity to diversify its business portfolio. CMI had an impressive growth in revenues from $750.000 in 1991 to $55.000.000 in 2001. Strict environmental regulations in automotive sector were successfully addressed by their product Slip-Seal‚ and as consequence sales increased steadily over a decade
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the CMI pads according to both the Colerick and Fazio tests. I used the data from each case to derive the number of hours of driving required to complete the job with both the asbestos and CMI pads. The difference in time to complete the job multiplied by the cost per real hours was one part of the economic value in use. The other portion was the cost of the asbestos pads for each project. Colerick Test Feet driven 15000 Hours Cost per real hr($238) x total hrs Asbestos 100 $23‚800 CMI 75 $17
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BACKGROUND CMI has developed a new technology using curled metal to create pile driving pads. Compared to existing products on the market‚ these pad offer several benefits: • Faster pile driving saves contractors rental fees‚ labor expense ‚ and spreads overhead over more feet driven in a given period of time • Longer life of pads save contractors additional cost in reducing changeover time • Heat resistance further reduces changeover time‚ saving additional expenses • Safety – CMI pads do not
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INTRODUCTION Capital Mortgage Insurance Corporation (CMI) sells insurance to lenders protecting against mortgage default losses. They are a wholly owned subsidiary of Northwest Equipment Corporation. Following their acquisition in 1978‚ CMI’s goal has been to rebuild their business and diversify their services. Mortgage insurance is used to protect mortgage lenders (ie originators and/or underwriters) by transferring mortgage risk‚ and notably tail risk‚ from lenders to insurers. Insurers by their
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CMI and CTS bring to the table their respective offer and the value of their firm. Specifically‚ CMI brings to the table an offer of $820‚000. CTS brings to the table a book value of $420‚000‚ and the goodwill of the firm. The CMI bid is for 100 percent of the ownership of the company. In addition‚ the $2 million in outstanding notes will pass through to the new company owned by CMI. Further‚ CMI will agree to retain Tom Winder as CTS’ general manager. Finally‚ CTS will be moved to the office of
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Case 1: Capital Mortgage Insurance Corporation Background Capital Mortgage Insurance Corporation (CMI) is a wholly owned subsidiary of Northwest Equipment Corporation (NEC). NEC expects Frank Randall‚ company president; to build CMI into a larger more diversified financial service company. To do this Randall wants to acquire Corporate Transfer Services (CTS) a small relocation services company‚ as part of a plan for diversification. Informal discussions took place with the principal stockholders
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Case: Curled Metal Inc. (CMI) Introduction Curled Metal Inc. originally sold metal as a finished good but has later developed its business concept to transforming metals into high value added manufactured products. Early in 2008‚ the company was about to launch a new product‚ which could revolutionize its business‚ setting a new standard in the pile-driving market: CMI cushion pads. However‚ this product launch poses key strategic issues to the company‚ ranging from assessing manufacturing capacity
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