Analysis of Cooper Industries
OVERVIEW:
Cooper Industries is a broadly diversified manufacturer of electrical
and general industrial products, and energy related machinery and equipment.
The company operates in three different business segments with 21 separate
profit centers. These segments include electrical and electronic, commercial
and industrial, compression, drilling and energy equipment. The product line is
consisted of cheap fuses to $3 million compressor tribune sets along with
products such as hand tools and light fixtures.
The company bid a $21-a-share tender offer to acquire Champion Spark
Plug, manufacturer of auto spark plugs, as a counter offer for the Dana Corp.'s
$17.50-a-share bid. Also, in the mean time, Cooper Industries was considering a
$700 million bid for Cameron Iron Works. Even though purchasing either or both
companies will give operational and organizational advantages, there were high
financial risks involved. Undertaking both acquisitions would result in a 55% to
60% debt to capitalization ratio.
ANALYSIS:
Cooper Industries acquired more than 60 manufacturing companies over a
thirty year span in order to increase the size and the scope of the company.
Most of the acquired companies made it possible for Cooper to be independent of
the outside environment and giving full control of the manufacturing process
concerning their business while avoiding anti-trust allegations. Cooper
basically purchased every company that is vital to its energy industry and all
the side industries that effect it. From tools to fuses to cables to the
drilling equipment was manufactured and distributed by the corporation's
divisions. Each acquisition is decided from a wish list that was closely
examined and studied. At the time of the take over, the Management Development
& Planning division would implement the corporate strategy in a period of three
to five years. This involves diversification and elimination of the products
that are poor sellers. In some cases the production plant is relocated and the
staff is reorganized for the best efficient set up. In time all these companies
are turned into profit centers.
RECOMMENDATIONS:
One of my first suggestions will be to consider Cameron Iron Works first
since all the valves and other natural gas and petroleum products will be more
beneficiary. Apparently there is more demand for Cameron's products than the
Champions. Little adjustments in the production process along with the
'Cooperization' adjustment will have make the company efficient in a short
period of time. In contrast, Champion is considered to have 1950's production
techniques and only one product line, spark plugs, which will require
tremendous changes within the company.
The other option may be to purchase both of the companies, regardless of
For the last thirty years, Cracker Barrel Old Country Store, Inc. has been offering people on the highways of America an alternative to the fast food pit stop. Their restaurants serves home-style food, has quality gift shops and, most of all, a friendly and accommodating environment all go in to create a welcoming atmosphere. Making the guest comfortable is what makes them different. The waiters and waitresses let you take your time. You are seated and promptly drink orders are taken. They give the customer sufficient time to gaze over the menu. There are peg games on the table to occupy you or your young ones. If it is a game of checkers you wish, there is always a table in the corner ready to play.
This paper is an analysis of the ethical business decision matrix developed by The George S. May Company (May), a management-consulting firm. The paper will also compare how these guidelines were used by John D. Beckett (Beckett) in his company and how the author’s firm, PricewaterhouseCoopers, LLC (PwC), uses them. The guidelines are meant to be used by employees. These guidelines are specifically a measure of moral and ethical principles tied to business ethics in acceptability of right and wrong behaviour in the workplace.
Lowe’s Companies, Inc. is the fourteenth largest retailer in America, and overall the world’s second largest home improvement retailer. They are the 108th ranked corporation on the Fortune 500 top corporations list. With an impressive in store stock of 40,000 home improvement items on hand, ranging from lumber to Home décor items, plus an additional 400,000 home improvement items available through a special order program. Lowe’s provides a onetime stop for all home improvement needs, for both the Do-It-Yourselfer, and the ever-expanding market of the Commercial Business Customer.
Based on the given information in the case study regarding the acquisition of Nicholson File Company by Cooper Industries, there is no question that Cooper should try to gain control of Nicholson. This decision is based on an analysis of the bargaining positions of each group of Nicholson stockholders which have disparate goals and needs that need to be met. In addition, an appropriate payment method and specific dollar value based on a competitor’s offer and Cooper financial data was decided. The remainder of this paper will provide the analysis and rationale for this determination.
After the Bhopal Disaster, Union Carbide made an ethical decision through their legal strategy to secure the best outcome for themselves and to keep their company from going bankrupt multiple times over. Union Carbide used the corruption of the Indian court system to their advantage to minimize the amount they would pay in damages to the victims. Their strategy wouldn’t be considered moral to the victims of this chemical explosion if the trial were kept in the American court system. What is ethical isn’t always considered moral to all the parties involved. With a company facing bankruptcy and losing everything they had, the only ethical decision was to use the court systems to their advantage. By doing so, they made the ethical decision strictly
It is stable over time and expands the attention range of the corporation. Through involving a broad and long term aim, it creates a sense of urgency and improvement drive
The Political, Social, and Legal Environment of Business. Case Study Analysis: Union Carbide Corporation and Bhopal. A single slip in action may cause lasting sorrow. A slight mistake in operation at a Union Carbide pesticide plant in Bhopal, India, caused a lot of deaths and injuries. What a tragedy it is.
Domestic violence has always been a tough and compromising issue. The effects of it are never minor and should not be taken upon lightly. However, it is surprising to think that it was only until the mid 1980’s that domestic violence cases were beginning to be taken upon with some actual care and resources. Through these articles, it will be easier to understand the effects of children in domestic abusive families, how women feel about confronting the problem and the methods they choose to attain them and finally what underrepresented demographics act like in these situations.
Domestic violence is a universal phenomenon, with millions of people as victims and perpetrators (World Health Organization (WHO), 2012). It destroys homes and families. Victimization occurs regardless of race, gender, religion, class, and sexual orientation. The term is often used to refer to violence that occurs between two people in an intimate relationship, but extends to violence against children and the elderly (Valiulis, 2014, p.124). I use the term domestic violence in this research refers to intimate partner violence. Globally, 30% of women have endured either physical or sexual abuse at the hands of their partner (WHO, 2012, p.2). Unfortunately I was not able to find a reliable global statistic on the victimization of men.
(2) Limitations of the “half-life”: it focuses only cost, not revenues. The quality goals and the company’s goals were in conflict. Half-life made the whole company centered on the quality improvement, while other key factors were ignored.
On the other hand, most factors prove otherwise. The retail industry does not have high Economies of Scale to be exploited in general . Yet, it is impossible to run department stores like Metro on a small scale . A large retail space, inventory, and warehouse are necessary to host a specialized portfolio of brands and products to better attract both customers and suppliers. Heavy capital requirements and operational expen...
Domestic violence is a devastating social problem that impacts every sector of our population. Domestic violence is a pattern of abusive behavior in any relationship that is used by one partner to gain or maintain power and control over another intimate partner(USDOJ,2012). Domestic violence can be physical, economic, emotional, sexual, or psychological. Physical domestic violence is an attempt to impose physical injury such as grabbing, slapping, hitting, biting, etc. Physical violence can also be withholding necessary resources to sustain health such as medication, food, sleep, or forcing alcohol or other drug use. Economic abuse is an attempt to make the victim financially dependent. Such as sustaining control over financial resources including the victims earned income, forbidding employment, on the job harassment, or withholding information about family expenses. Emotional abuse can be the attempt to undermine the victims self worth. This could be belittling the victim, name calling, insults, criticism, manipulating, etc. Sexual abuse is any sexual contact without consent. For example, marital rape, attacks on sexual parts of the body, forced sex, forced prostitution. Sexual abuse can also be an attempt to undermine the victims sexuality by treating them in a derogatory manner, criticizing sexual performance, or withholding sex. Psychological abuse is the attempt to implant fear. This could involve intimidation, threats of physical harm, harassment, mind games, and stalking. Psychological abuse can also be an attempt to isolate victim from friends and family member. Abusers can go so far as withholding access to a telephone, transportation, constant check ups, forced imprisonment, and undermining personal relationships. Dome...
In the last few decades, America’s automotive industry has been losing revenue, decline of market share, and employment reduction but international business in the auto industry has been the opposite. For instance, General Motors (GM) have been doing poor in the automotive business while Honda, a Japanese manufacture have been increasing their sales, market shares and employment.
...inues helping to develop new treatments or knowledge that may guide to the cure of ilnesses. But has certain imitations that have to be clarified, animal research helps scientists to see the expected must not real stages of an illness or drug. By saying expected it is sure to assume that the result obatained from an animal may not be exactly the same that will be obtained from humans due to the many factors that influence this outcome such as genetic, controll of food and liquids, temperature, among others. Technology is now an option to replace some methods used to obtain data from animals, but it is important to highlight that technology may only reduce must not replace the use of animal testing. Animal research is significantly important for the medical field and should be used to benefit us, but alternatives should be used as much as possible if they are available
Strategic renewal is another desired outcome of corporate entrepreneurship. The new economic order and business environment has created a pace of change which requires businesses to adapt more frequently and rapidly than ever before. The changes could involve corporate structure, mergers and acquisitions, addressing new market opportunities, changing product portfolios, repositioning, adapting infrastructure, or adopting new technology. Managers in an organization must be able to take stock of its situation under changing market conditions and agree on a coherent new strategy that will meet the challenges of the present as well as of the future.