THE O. M. SCOTT & SONS COMPANY Between 1955 and 1961‚ management of The O. M. Scott & Sons Company launched a number of new programs aimed at maintaining and increasing the company ’s past success and growth. Largely in response to these activities‚ Scott ’s field sales force grew from 6 to 150 men‚ several entirely new and expanded production facilities went on stream‚ and the number of products in the company ’s product line tripled. Sales increased from about $10 million to $43 million. In late
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he company is facing a good economy as evidenced by the increase in sales. Industry is investing in research and development of products. Competitors are slowly entering the market. O.M. Scott and Sons Company is a business in the lawn care and garden product industry. Currently‚ the company is reviewing the results of 1961 and preparing plans for the 1962 selling season. Sales were increasing and so is net income except for the year 1960 to 1961. he company is facing a good economy as evidenced
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GRADUATE SCHOOL OF BUSINESS CASE ANALYSIS “O.M. SCOTT & SONS COMPANY” SUBMITTED BY: ESTIMADA‚ ANNA GABRIELLA C. Executive Summary The O.M. Scott and Sons company was a company which first started to produce weed-free grass‚ but diversified into other products related to its product line: lawn mowers‚ fertilizers‚ and other garden paraphernalia. It encountered the problem of nationwide distribution‚ finding difficulty in the delivery of its product. The company solve this problem of nationwide
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The O.M. Scott & Sons Company Background * Founded in 1868 * Processes weed-free grass seed * Has a highly seasonal demand for its products * Started experiencing rapid growth in 1945 * Major internal control issues Major Problems * Should S & S keep their current trust receipt program even though sales and accounts receivables are increasing as cash is decreasing? * Will S & S be able to operate as a national firm even though some dealers are acting
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Estimating Funds Requirements Short-Term Sources of Funds Subject: O.M. Scott & Sons Company Problem: Should the O.M.Scott company keep with its Trust Receipt Plan in order to maintain 25% growth rate. Options: 1. Sell receivables to a third party at a discount rate to receive cash. 2. Issue preferred equity to help finance retailers in holding higher Inventory levels 3. Reduce growth rate to a sustainable Recommendation:
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Summary of Case #1 This summary is about a case study of the Scotts Miracle-Gro Company (Scotts)‚ the largest company in North America’s lawn and garden industry. It was founded by Orlando McLean Scott in 1868‚ and located in Ohio. Miracle-Gro was founded by Horace Hagedon in 1951 and merged with Scotts in 1995. Miracle-Gro is a leader in lawn and garden care chemical industry before the merger‚ while Scotts was known for its grass seed‚ fertilizers and fertilizer spreaders. Bob Bawcombe was
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Many people know the J.M Smucker Company for its various store bought products for human consumers such as peanut butter‚ jams‚ and spreads‚ but they are also in charge of processing and packaging multiple animal food brands. Some of their dog food brands include Gravy Train‚ Kibbles N’ Bits‚ Skippy‚ and Ol’ Roy. The company’s net sales in 2016 were approximately $1‚816 million compared to the $1‚749 net sales in 2017. This means that the company’s revenue decreased nearly 4% or by $67 million in
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“Mergers and Acquisitions” or “M&A” is a general business term‚ which refers to transactions that result in the consolidation of companies. A merger is a combination of two companies to form a new company‚ whilst an acquisition occurs when one company purchases another‚ therefore does not form a new company. By its nature‚ a merger suggests the combination of two businesses under a mutual accord. The decision to merge is made by the management / board of each company‚ although theoretically shareholders
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THE CASE AND HISTORY OF DRED SCOTT DRED Scott was a slave who was born in Southampton county‚ Virginia‚ United states in 1795. The importance of Dred Scott was that his case’s decision (Scott v Sanford) led to a court decision that helped to start the civil war. By deciding that Dred Scott cannot sue another citizen because he was a slave‚ it ended the hope the issue of slavery could be dealt with peacefully. Scott lived in many place throughout his life and had many masters.
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Mahindra & Mahindra It is 7:00 a.m. and the siren sounds high at Kandivli (asuburb of North Mumbai) plant of Mahindra & Mahindra’s (M&M) Tractor division‚ signaling the starting time of the morning shift. Hardly any workers have turned up. Reporting late on duty is a norm for the workers here. Seldom does the morning shift start before 7:30a.m. During the day shift‚ it was an ominous scene to find workers stretching out under the trees and relaxing during the working hours. The union
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