Five Star Tools Five Star Tools is a small family-owned firm that manufactures diamond-coated cutting tools(chisels and saws) used by jewelers. Production involves three major processes. First‚ steel “blanks” (tools without the diamond coating) are cut to size. Second‚ the blanks are sent to a chemical bath that prepares the tools for the coating process. In the third major process‚ the blanks are coated with diamond chips in a proprietary process that simultaneously coats and sharpens the
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Q) If you were Mr. Vincent would you try to gain control of Robertson tool in May 2003 If I were Mr. Vincent ‚ yes I would like to gain control of Robertson tool in May 2003. The synergy after acquiring as well as profits which would be gained after the merger will be more than the cost of the merger. Monmouth had earlier acquired Dessex. It acquired a quality product line‚ an established distribution system of 15000 retail hardware stores spread across United States as well as in Canada and
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Tools of Corporate Communication Corporate communication is a humongous process. It incorporates a whole range of functions like corporate design‚ corporate advertising‚ internal communication‚ crisis management‚ media relations‚ investor relations and public affairs etc. Corporate communication addresses the singular purpose of presenting a corporate entity to the world. It is effectively a management function which offers a framework for the effective coordination of all internal and external
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TOPIC 2 Give a critical consideration of five strategic management process tools and their contribution to strategic management and strategic thinking. It has been argued that management needs the resources to create core competencies to develop a strategy that has sustainable competitive advantage (Marti‚ 2004‚ p1)‚ so the definition of a strategy as an ‘integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage’
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Communication tools which affect human life deeply have been changed by the technology recent years since the quantum jump in innovation of technology. Instead of writing letters to connect to others‚ nowadays‚ people can use their mobile phone as well as the online communication software which they can chat with friends rather than a face-to-face conversation. The change in people’s live that brought by the technology has some negative effect on the society while it provides a more convenient way
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Assessment Tool Analysis NUR/440 Assessment Tool Analysis Nursing has evolved throughout the years to become more than a job‚ it is a profession. Jean Watson developed her own theory in the late 1970s because she believes there was something missing from the profession. Jean Watson believes that nursing is a profession that allows the caregiver and the person cared for an opportunity to provide care on a basis that involves the mind‚ body‚ and spirit‚ which are the three parts of being. Watson’s
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Sewing- is easier and more convenient if all the essential equipment are orderly arranged inside your cabinet. The tools needed in sewing are classified into four: CUTTING TOOLS // MEASURING DEVICES // MARKING AIDS // SEWING EQUIPMENTS CUTTING TOOLS 1. Bent-Handled Shears-7 to 8 inch long scissors suitable for cutting fabric because the blades rest flat on the cutting surface. 2. Trimming Scissors- 6 inch long scissors used for trimming and clipping seams and for general use. 3. Sewing and
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Varied Selection Tools By: BAP Fashions PSYCH/705 September 15‚ 2014 University of Phoenix The Employee Selection Process Many of organizations today use a variety of techniques for collecting evidence and data about applicants. Methods such as‚ interviews‚ personality tests‚ ability tests‚ assessment centers‚ physical tests can be used to classify if applicants are suitable or unsuitable for the job and the company’s culture. According to Schultz and Schultz (2010)‚ hiring decisions usually
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FIVE STAR TOOLS Executive Summary Five Star Tools‚ a tools manufacturer is faced with production constraints. Overview of the Situation • Focuses on various ways to loosen constraints • Demonstrates how to identify which products are most profitable and which products are less profitable when confronted with constraints • Makes the point that large profits that may be lost if a company does not adequately deal with constraints Issues Addressed 1. What is the situation facing Five Star
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will grow permanently by 4% by year to the infinity‚ we can calculate FCFp as perpetuity: FCFp = FCF2004/(WACC-g) = 54288 So finally‚ we got NPV = 67855 and can calculate EV = NPV + WCR (1999) EV = 81275‚ which is the maximum price for the Hampton Tool‚ that Lycos should be willing
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