Marketing Cluster May 9‚ 2012 Cardon Carpet Mills‚ Inc. Case Study The Cardon Carpet Mills Company is a carpet company that distributes its line through seven different floorcovering wholesalers around the United States. This company focuses on manufacturing a full line of medium to high priced carpet primarily used residentially. The senior executives‚ looking to integrate direct distribution and bypassing wholesalers‚ are seeking the best outlet for increasing profit. With increased pressure
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Cardon Carpet Mills‚ Inc. Case Discussion I. Situation Analysis a. Industry i. In the United States carpet and rug industry‚ wholesale and retail distribution has experienced several changes. The industry has undergone three distinct changes since the mid-1980s. The first change‚ which occurred during the mid-1980s‚ occurred in the form of direct distribution. The largest carpet and rug manufacturers began bypassing floorcovering wholesalers and sell directly to retailers in
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Cardon Carpet Mills Issues and constraints The issue‚ which Cardon Carpet is facing‚ stems from the lack of expansion throughout the United States‚ specifically limiting their contract sales portion of its business only to the southeastern portion of the United States. Cardon Carpet Mills has several action options: 1. Expand its market share in contract sales segment throughout the US. Employ ten sales representatives to seek potential institutions and businesses throughout all of the US.
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Question 1: was infinity a good LBO candidate? On the basis of our analysis set forth below‚ we believe that Infinity Carpets was not a viable LBO candidate. We have answered this question analyzing the various criteria typically looked in a possible LBO scenario‚ where 1 means low risk and 10 means high risk. Criteria Rank Comments Cyclicality/volatility 7 Strong dependence on housing market even though good record during recession (p. 2‚ paragraph 4). Volatility due to exposure to a volatile
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Case # 1 OTTER CREEK MILLS‚ INC. 1- The client acceptance process can be quite complex. Identify procedures required by auditing standards that should be performed in determining whether to accept a client? Identify other procedures not required that you may also perform. Some procedures that an Auditor firm should follow before accepting an engagement are: a. The auditor firm should follow the procedures established in the quality control procedures. b. Look if firm is independent respect
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Investing in Afghanistan Business opportunities in the carpet industry The tradition of Afghan carpets goes back for centuries. The richness and variety of designs reflect the cultural diversity of our country. The skill of our weavers is unrivalled in the world and make our carpets unique. Rightfully‚ our weavers take great pride in being part of this living heritage of our country. Commercially‚ the carpet industry is a cornerstone of our economy. It is our leading export sector‚ it represents
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| General Mills Inc. | Executive Summary | | Xiao(Cynthia) Chen | 2012/4/24 | | Executive Overview General Mills (NYSE:GIS)‚ our company‚ is a global consumer foods company. We develop distinctive value-added food products and market with our unique brand names. We work continuously to improve our established products and to create new products that meet our customers’ potential needs and preferences. Our company has $14.88 billion in sales last year. Our sales has grown substantially
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A review of the Payroll System within Cookridge Carpets Limited Prepared By: AAR Registration Number: Centre: Kaplan Financial‚ London Words: 2‚795 Contents Page Content Page 1. Terms of Reference 3 2. Methodology 4 3. Executive Summary 5 4. Introduction 7 5. Review of Payroll System 10 6. Recommendations 11 7. Appendices 12 Appendix A - Mapping document: Principles of Internal Control (knowledge) PIC 13 Appendix B - Mapping document:
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Analysis of Business Opportunities within Afghanistan’s Carpet Sector Prepared by: Mark T. McCord‚ IOM‚ CCE CEO The McCord Group May‚ 2007 1 Analysis of Business Opportunities Within Afghanistan’s Carpet Sector May‚ 2007 Overview of the Afghan Carpet Sector Afghanistan’s thriving carpets and textiles trade is a legacy of the country’s rich commercial history and diverse culture. World-renowned for their intricate designs‚ Afghan carpets reflect the heritage of cottage-based craftsmanship
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about Sheridan Carpet Company that produces high grade carpeting material for use in automobiles and recreational vans. It was the industries practice to announce the prices of their products prior to the 6 month seasons. Sheridan was the largest company in its segment of the automobile carpet industry. Most of Sheridan’s competitors were smaller than Sheridan and they awaited Sheridan’s price announcement before setting their own selling prices. Sheridan produced a carpet named Carpet 104 which had
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