Preview

The Black & Decker Corporation.

Powerful Essays
Open Document
Open Document
2043 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Black & Decker Corporation.
The Black & Decker Corporation.

Mission Statement

Black & Decker is the worlds leading manufacturer and marketer of many consumer and industrial products. Black & Decker is committed in offering always the most innovative, high quality and technologically advanced products and is recognised worldwide for its reputation and excellence.

Apart from its commitment to the customers the company had devoted much effort for the satisfaction and good relation with its stockholders, suppliers, and associates. Black & Decker has made a remarkable growth in the last years and looks to the future with eagerness for outstanding performance on its current strategic choices.

COMPANY PROFILE

Black and Decker was incorporated in 1910. During the next 70 years the company established itself as the dominant name in power tools and accessories, first in the United States and then in a broad international level with emphasis in the Europe markets. The company has achieved growth by adding to its line-up of power tools and accessories and by increasing its penetration in the foreign markets. Moreover the company performed a number of acquisitions of similar and different businesses in order to expand and diversify its operation. Currently Black & Decker is a diversified global manufacturer and marketer of household, commercial, and industrial products. The company operates 61 manufacturing plants, 32 in the United States and 29 in 14 other countries. Black & Decker products are marketed in more than 100 countries worldwide. In 1985, the firm has changed its name from Black & Decker Manufacturing Co. To Black & Decker Corp. to reflect its new emphasis on “being more marketing driven” rather than being merely engaged in manufacturing.

The business portfolio of Black & Decker consists of :
• Power tools and power tool accessories for both do-it-yourselfers and professionals.
• Household appliance products.
• Consumer-use fastening products.

You May Also Find These Documents Helpful

  • Good Essays

    Woodtronics Case Study

    • 899 Words
    • 4 Pages

    Woodtronics Inc. is an American manufacturer of remarkable Consoles, Work Stations, Trading Desks and Benching Systems and arrange operation control communities for monetary organizations, the military, and police and fire offices. Jeffrey Brechman is a chief at Woodtronics Inc. He changed his career as a painter and joined this company. Jeffrey motivated into this career in an exceptional way. After a small period at his university, he began his career with the painting business, however he wasn't excited about the work what Jeffrey was doing that time period. He had discussed his career goals…

    • 899 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The SEQUEY HORN CASE

    • 1305 Words
    • 6 Pages

    business more than ever before. To attract repair jobs and avoid layoffs, Decker and his partners…

    • 1305 Words
    • 6 Pages
    Good Essays
  • Good Essays

    Favorite Brand Paper 1

    • 760 Words
    • 3 Pages

    Sony is one of the leading if not leading technology Corporation within the technical business world today. This organization headquarters can be found in Tokyo, Japan. Sony business is focus on electronics, entertainment, and gaming systems, and it also has a financial service sector. The Sony organization mainly focus on electronics such as video games, and TV networking. With these elements it makes Sony a premier organization that deals with consumer satisfaction, and gives them a comprehensive identity within the technology industry.…

    • 760 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    “A man with a machine is better than a man without a machine” Henry Ford said in 1926 (T. Davis, 05). As the demand for power tools sky rocketed, DIY heaven opened up its pearly gates for one company, Global Machinery Company, a tool manufacturing company started in 1997 by the 5th ranking on the “Australia’s Richest People under 40” (J. Thomson, 06) Peter Hosking. What was suppose to be a quick run for cash turned out to be a huge success for Hosking in establishing its niche market within the DIY home- handy man. Their products includes low priced essential DIY handy- man tools mostly imported from China and Taiwan (F. Tyndall, 06) and everything else from cement to generators (J. Thomson, 05) for insanely cheap prices. The chief executive of Mitre 10, Bernie Bicknell also complimented on GMC’s strategy of sticking to the DIY market rather than trying to compete with the big brands into the professional market, saying “The one thing you can say about GMC is that they have picked their market segment very well and dominated it.”(J. Thomson, 05) The aim as described by Mr. Hosking himself was to bring together a set of essential tools with which your average Joes can actually achieve what they want (L. Saccotelli, 05). Net profits posted by GMC in recent years has being exponentially growing from 8.8 million in 03-04, up from 6.4 million in 02-03, which sky rocketed in 04-05 with a 43.8% increase to 10.9 million. This growth continued in 04-05 turning over about 300 million net profits which was a 45% increase from the previous year according to Hosking.(J. Thomson, 05) GMC has gained footholds in 47 countries such as the US, Britain and its home country Australia through an “almost ruthless approach to the market in respect to pricing (J. Hogan, 04) against the big names in the tool industry such as Black & Decker. In addition to GMC’s success in capturing the hearts of the big guys, pouring 12 million on research and development (J. Thomson, 05) on new products…

    • 1171 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Black & Decker Case Study

    • 782 Words
    • 4 Pages

    Black & Decker Corporation is an organization located in Towson, Maryland. They blueprint and trade in power tools and accessories, hardware and home improvement products, and technology based fastening systems (Wikipedia, 2011). For a long time, B&D brands magnetize great strength from the consumers and the Professional Industrial segments while its Professional-Tradesmen segment has been sour.…

    • 782 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Whirlpool Corporation is a global manufacturer and marketer of major home appliances, with annual sales of more than $18 billion, more than 73,000 employees, and nearly 70 manufacturing and technology research centers around the world. The company's family of brands, including Whirlpool, Maytag, KitchenAid, Jenn-Air, Amana, Brastemp, Bauknecht, Consul and other major brand names to consumers in more than 170 countries. Whirlpool Corporation is traded on the New York Stock Exchange (NYSE) under the symbol WHR.…

    • 696 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Black & Decker Case

    • 760 Words
    • 4 Pages

    Why is Makita outselling Black & Decker 8 to 1 in an account which gives them equal shelf space?…

    • 760 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Industry analysis

    • 296 Words
    • 1 Page

    The bargaining power of customers is rather high. In current years, the consumers expected low costs appliances, because of the economic conditions. Woolworths and Coles group provides the low cost appliances, which pushes the retailers to keep lowering the price for products. Meanwhile, because of the increasing demand for innovation, Breville must respond to trend in innovation, and energy efficiency (Magner, 2015).…

    • 296 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Whirlpool is the world’s largest producer and marketer of small and large home appliances such as mixers, food processors, washing machines, refrigerators, air conditioners, etc. Whirlpool also has a long standing relationship with Sears, which sells Whirlpool products under the brand name Kenmore. In addition to its North American presence (both manufacturing and sales), Whirlpool also has a strong presence in Mexico, and Europe. Being the largest producer in the world has helped Whirlpool to compete on lower costs through economies of scale and through its Global Procurement Organization (GPO). In addition, its large networks also help in distribution, marketing, and ultimately in its sales. Another key factor how it competes is through its relationships with customers such as Sears.…

    • 305 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    1. B&D lost its market share of professional-tradesmen tools segment against Makita Electric of Japan 2. Makita held an 80% share in cordless drills, the single largest product category and a 50% professional-tradesmen tools segment share overall compared to 9% share of B&D 3. B&D maintained #1 market position in the Consumer and Professional-Industrial segments; and only 9% market share in Professional-Tradesmen segment…

    • 931 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Black & Decker Case Study

    • 482 Words
    • 2 Pages

    What do you think of Grunewald’s plan for creating a “global lock business”? What factors favor this action? What factors stand in the way?…

    • 482 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Black & Decker Case Study

    • 456 Words
    • 2 Pages

    Despite maintaining a very strong brand name and being #1 in the Consumer & Industrial segments of the power tools market, Black & Decker (B&D) was being significantly outsold by Makita Electric of Japan, who had taken over the Tradesmen segment with 80% market share in cordless drills and 50% overall share in this segment. Tradesmen appeared to perceive the B&D brand as a household product unworthy of their usage given B&D’s success in the Consumer segment and Makita’s dominance of the Two-Step, Home Center, and Membership Club distribution channels popular among tradesmen helped lead to B&D’s share erosion.…

    • 456 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    General Motors

    • 4060 Words
    • 17 Pages

    Which role should marketing managers play in helping to formulate business-level (SBU) strategies in a large diversified firm such as General Motor? Visit the company’s South African website at http://www.gmsa.co.za and use the information obtainable from it to formulate your answer.…

    • 4060 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    International Business Machines, abbreviated IBM and nicknamed "Big Blue", is a multinational computer technology and IT consulting corporation headquartered in Armonk, New York, United States. The company is one of the few information technology companies with a continuous history dating back to the 19th century. IBM manufactures and sells computer hardware and software (with a focus on the latter), and offers infrastructure services, hosting services, and consulting services in areas ranging from mainframe computers to nanotechnology. Ginni Rometty is the president and CEO of IBM.…

    • 764 Words
    • 4 Pages
    Good Essays
  • Better Essays

    General Motors

    • 2672 Words
    • 11 Pages

    General Motors Company commonly known as General Motors or GM is an American company and is the world’s second largest automaker company.…

    • 2672 Words
    • 11 Pages
    Better Essays

Related Topics