Nakamura Lacquer Company
Executive Summary
Mr. Nakamura had built a substantial business and the Crysanthemum brand became Japan's best selling brand. But he had no business outside of Japan and the Japanese market was already flooded with lot of other handicrafts. So he needed to look for new markets.
This was the situation when he received offers from two highly recommended U.S companies.
Each offer has been evaluated in terms of brand representation, cost reduction and maximization of profit margin. It is recommended that Mr. Nakamura should sign a deal with the Sammelback, Semmelbach and Whittacker Company for growing his brand in the U.S market.
( Word count 100)
Table of Contents
SR.No. Content Page No. 1. Situation Analysis 03
2. Problem Statement 03
3. Criteria for Evaluation 03
4. Options 04
5. Evaluation of Options 04
6. Recommendation 05
Situation Analysis
World War 2 had just ended in the 1945 & the Japanese market was growing. Mr. Nakamura had just taken over the family business in 1948 & in the year 1952, he had built substantial business & developed mechanized methods for mass production. The Nakamura "Crysanthemum" brand has become Japan's best known and bestselling brand- good quality, middle class and dependable. Outside of Japan however, Mr. Nakamura did no business, except for selling occasionally to American tourists through his established Japanese
Mr. Nakamura had built a substantial business and the Crysanthemum brand became Japan's best selling brand. But he had no business outside of Japan and the Japanese market was already flooded with lot of other handicrafts. So he needed to look for new markets.
This was the situation when he received offers from two highly recommended U.S companies.
Each offer has been evaluated in terms of brand representation, cost reduction and maximization of profit margin. It is recommended that Mr. Nakamura should sign a deal with the Sammelback, Semmelbach and Whittacker Company for growing his brand in the U.S market.
( Word count 100)
Table of Contents
SR.No. Content Page No. 1. Situation Analysis 03
2. Problem Statement 03
3. Criteria for Evaluation 03
4. Options 04
5. Evaluation of Options 04
6. Recommendation 05
Situation Analysis
World War 2 had just ended in the 1945 & the Japanese market was growing. Mr. Nakamura had just taken over the family business in 1948 & in the year 1952, he had built substantial business & developed mechanized methods for mass production. The Nakamura "Crysanthemum" brand has become Japan's best known and bestselling brand- good quality, middle class and dependable. Outside of Japan however, Mr. Nakamura did no business, except for selling occasionally to American tourists through his established Japanese