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
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NICHE CONSULTING GROUP 101 Madison Avenue New York‚ New York April 24‚ 2010 John F. Lundgren President & Chief Executive Officer Stanley Black & Decker 1000 Stanley Drive New Britain‚ CT 06053 Dear Mr. Lundgren‚ In response to your request‚ an evaluation of your firm‚ Stanley Black & Decker‚ was conducted to determine the strategic issues and problems within and surrounding your firm. This consisted of a review of the external environment‚ a SWOT (Strengths‚ Weaknesses
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be used as a building block to promote Grunewald’s plan for creating a global lock business. It would also help to improve market knowledge along the dimensions of completion‚ consumer segments and product requirements. Another factor is that Black & Decker would now have a worldwide distribution system. the factors that stand in the way would be problems in loosing key managers‚ simplifying production design and engineering and overcoming regional differences. 2. What are the organizational
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I. Background and Problem Identification Black and Decker (B&D) was founded in 1910 by Duncan Black and Alonzo Decker. By 1917‚ B&D had world’s first patent in portable power drills. Since then‚ B&D has been the world’s largest producer of power tools and power tools accessories. The power tools market in 1990 in the US mainly comprised of three segments-Professional Industrial Tools (PI)‚ Professional-Tradesmen (PT) Tools and Consumer tools. B&D was a market leader in America power
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The Black & Decker JUS500IB is a top contender for the most reliable portable battery jump starter. It’s compact in size. It can revive the most stubborn dead car battery. This battery boost is equipped with 500 amperes of power‚ which is plenty sufficient for regular car batteries‚ and even the larger one on used trucks and tractors. It comes with a portable air compressor you can use continuously to maintain proper tire pressure. The Black & Decker JUS500IB added a standard safety switch that
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Stanley Black and Decker is a provider of tools and storage‚ commercial electronic security and engineered fastening systems. Stanley Black and Decker is a world-leading provider in its field and it does so with growth platforms and sustained profitable growth. Black and Decker is a part of the Stanley Black and Decker organization. Ecological sustainability means using natural resources wisely in the short run‚ now‚ so that there are still natural resources available in the long run‚ later. This
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Stanley Black & Decker‚ Inc. February 7‚ 2013 Introduction From the start‚ the merger announced November 2‚ 2009‚ looked good on paper. Stanley Works agreed to buy Black & Decker for stock valued at a 22 percent premium in exchange with $3.6 billion in its stock. That was justified because Stanley got management and board control‚ and its shareholders were to own more than half of the stock‚ with the 50.5% of the stock in the combined company. This case not only explores shareholder
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Cross-cultural Issues in Business Ethics John Hooker Carnegie Mellon University June 2007 Outline of the argument A new economic order. Based on cultural comparative advantage. Implications for business ethics. Acknowledge and understand differences in cultural norms. Rather than universalize ethics along Western lines. Example: corruption. Activity that undermines a cultural system. A new economic order Movement toward a multi-polar equilibrium. A new economic order Based
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Read the case ’ Strategic and Organizational Change at Black & Decker ’ and answer the questions below. Each question carries 25% of the marks for this assignment. Questions How would you characterize Black & Decker ’s international expansion during the 1950s and 1960s? What strategy was the company pursuing? What was the key feature of the international organization structure that Black & Decker operated with at this time? Did Black & Decker ’ s strategy and structure make sense given the competitive
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NCO Duties‚ Responsibilities and Authority 1What FM covers the duties‚ responsibilities and authorities of a NCO? FM 7-22.7. 2What is Responsibility? Responsibility is being accountable for what you do or fail to do. 3What does Individual Responsibility make a soldier accountable for? It makes them accountable for the personal conduct. 4What is Command Authority? Command authority is the authority leaders have over soldiers by virtue of rank or assignment. Command authority originates with
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