AY2014-15 Term 2 CASE ASSIGNMENT 1 (Newell Company) 12th March 2015 MGMT 102 – Strategy (G8) Instructor: Assistant Professor Abhijith G. ACHARYA Done by: Tan Tuan Qi S9132306J Q1. Newell is a company with a successful corporate-level strategy of using horizontal integration through acquiring companies that fit its criteria for acquisition in order to achieve synergy through economies of scope. Such companies manufacture hardware and do-it-yourself products that are low-technology‚ non-seasonal
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Time Management Plan Template Student Name: Danielle Newell Date: 9/5/14 Directions: 1. Carefully read the Time Management Plan Guidelines found in Doc Sharing. This provides specific details on how to complete this assignment. 2. Rename this document by clicking “Save As.” Change the file name so it reads Your Last Name Time Management Plan.docx. For example‚ if your last name is Smith‚ type “Smith Time Management Plan.docx”. 3. Save the document as a .docx compatible with Microsoft Word 2010
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Executive Summary The strategic analysis methodology is largely divided into two schools‚ namely‚ the positioning approach and the resources-based approach. Each approach has its own distinguishable merit that assists managers‚ investors and regulators in analysing a subject company’s strategic advantage. At the same time‚ each approach has its own downside in that‚ it omits certain important truth about a company and the environment in which it operates. However‚ as pointed out by Henry (2008
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PP. 41-56 ‚ EBSCOhost [Online]. Available from: http://eds.a.ebscohost.com.ezproxy.liv.ac.uk/eds/pdfviewer/pdfviewer?vid=4&sid=d223ab04-454e-417e-a2c6-6d7ccccf8c41%40sessionmgr4003&hid=4211 (Accessed on: 25 May 2014). Porter‚ M. E. (2003). Strategy and the Internet. Harward Business review [Online]. Available from:
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Newell Company had a 20-year track record of building shareholder value through successful acquisitions of companies such as Sharpie pens (2). Rubbermaid Incorporated‚ which had recently topped Fortune’s list of the most admired companies‚ and it included No. 1 spot in 1993 and 1994 (4). Rubbermaid was very profitable and growing quickly with a long history of innovation and a reputation as a smart brand marketer before 1994. Also because Newell and Rubbermaid both sold household products through
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quantity of inventory and also to free up company’s liquidities. What are the objectives IM and why is it so important? Inventory management has to find a balance between inventory investment and customer service. You can never achieve a low-cost strategy without good inventory management. The objectives are numerous: - Avoid stock-outs and insure a regular supply: you have to be sure that your customers have access to products when they need or want them is a key service issue in inventory control
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When I read the "Blue Ocean Strategy"‚ I think the Blue Ocean represents the unknown market space does not yet exist. Blue Ocean is characterized by new market boundaries‚ new demands‚ unpredictable high profit growth‚ without forming competition rules. Now be market conditions‚ market competition requires companies to implement the Blue Ocean strategy. market is in motion‚ the development of new industries and markets are always constantly developed‚ and today the number and type of industry and
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Newell Brands CEO Michael Polk expresses the company’s interest in science‚ technology‚ engineering and mathematics (STEM). Polk says that Newell Brands has a commitment to make life better for millions of people. Which is why the company‚ known for its brands such as Elmer’s‚ Coleman‚ Waterman and more‚ is helping Morehouse students learn valuable skills they need to succeed in the future by funding $1 million. The Morehouse College in Atlanta‚ Georgia‚ partners with Newell Brands to enhance its
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1. Business strategy analysis Strategy analysis enables the analyst to understand the underlying economics of the firm and the industry in which the firm competes. Involves 3 key steps: 1. Industry analysis What economic factors drive the industry choice? Impact on profitability? 2. Competitive strategy How has the company positioned itself in the industry? 3. Corporate strategy Can the company create value across the range of its business? (Ability to exploit synergies‚ minimisation
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diversification strategy is suggested for the Mclays. In the past‚ Mclays adopted the horizontal diversification by acquiring companies like Qualitex Printing Limited and conglomerate diversification by developing the products related to the existing products in the recent past. This is because‚ both strategies are cost effective and profitable options. This is the important prerequisite in the print and digital communications market today as per the environmental audit. Therefore‚ these strategies are suggested
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