Elektra Product Inc. I. Case problem Elektra Product Inc facing a crisis in the company since their market share was declining among the competition‚ limited idea to create new innovative products‚ lack of communication between the department and all of sudden most of the workers feel uncertain about their future in the company. Lack of leadership and management causing many problems inside the company and reflected to the company profit in the last few years. At the moment company realize
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Caselet 1: Elektra Products‚ Inc. Questions: 1. How might top management have done better job changing Elektra products into a new kind of organization? What might they do now to get the empowerment process back on track? The top management of Elektra Products‚ Inc. introduces a new era of involvement and empowerment in their organization. They only assigned selected managers to work on several problem-solving teams to come up on ideas on how to implement empowerment campaign. With this
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Decision at Applied Office Product Company ’s Background In 1992‚ Allied Office Products was a corporation with annual sales of $900 million. It deals with manufacturing of following forms : * Business Forms * Specialty paper product such as writing paper‚ envelopes‚ note cards‚ and greeting cards In 1988‚ as form manufacturing business matures‚ Allied Office Product had expanded into business form inventory management system and put a step ahead to attain a competitive advantage by embarking
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The Recalcitrant Director at Byte Products‚ Inc.: corporate legality versus corporate responsibility BYTES PRODUCTS‚ Inc. is an American based company involved in the production of electronic appliances incorporated in personal computers‚ mostly used for business and engineering applications. The company has three plants at different locations in the U.S.A‚ totals a current sale of about $265 million and has a market share of approximately 32%‚ making her the leader in her industry. James M. Elliot
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CAPSTONE CASE 1: ECO-PRODUCTS‚ INC. End-of-Case Assignments: Suggested Discussions and Analyses A. Describe Eco-Products’ early history (1990 through 2003). Would you view the firm during that period as being a life-style business‚ an entrepreneurial venture‚ or? Why? Steve Savage and his father founded the company in 1990 with the intent to provide eco-friendly paper and janitorial supplies. They chose to locate the business in Boulder‚ Colorado‚ a community known for its support
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1. Calculate the key financial ratios for Avery Products‚ Inc.‚ for each year and ratio suggested in the case’s industry averages. Analyze the trends for each ratio. 2. What strengths and weaknesses are revealed by the ratio analysis? • Quick Ratio: The ratio is declining which reflects higher liabilities and cash flow problems of the company • Current Ratio: The ratio is declining which means that Avery is having problems with liquidity. • Inventory Turnover: The ratio is increasing
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Dhara Rami ACCT 442 Dr. Szendi Date: November 2‚ 2014 Towson University Dakota Office Products Case Analysis Dakota Office Products Case Analysis Introduction Dakota Office Products (DOP) is a reseller and supplier of office products. DOP is a regional entity. It has institutional and commercial businesses as clients. DOP has a good loyalty and customer confidence from its client. In order to increase profitability‚ DOP started “Desk top” delivery for its loyal customers. In this service
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Dakota Office Products Background • Regional distributor of office supplies to institutions sand commercial businesses • Comprehensive product line • Excellent reputation • Several distribution centers Process • Old: • After customer orders received‚ orders were accumulated within the warehouses and prepared for shipment • Used commercial truckers to deliver • New Option: • “Desk Top Deliveries” • Delivered products directly to locations • Small fleet of trucks • 2% upcharge on products Pricing
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Elektra Products‚ Inc. Case Study Top management could have used the other classes‚ like the middle and lower level managers and the employees. The team shouldn’t have been able to be notified of “empowerment”. Also they should’ve known a positive attitude was needed in every task in order for it to be done effectively and efficiently. Mr. Griffin needs to join employees/managers from all classes to the team. Because of his lack of conceptual skills he doesn’t do this at first. He doesn’t have
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Elektra Products‚ Inc. 1. Martin Griffin‚ the CEO of Elektra Products Incorporated‚ was on the right track with the idea of empowerment among Elektra Products’ employees. However‚ one has to question if it was a contradiction for Martin Griffin to leave the meeting early of his employees that he called together to discuss new ideas. Martin Griffin could have performed a better job of changing Elektra Products into a new kind of organization if he had actually stayed to listen to the full ideas
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