Elektra Product Inc. I. Case problem Elektra Product Inc facing a crisis in the company since their market share was declining among the competition‚ limited idea to create a new innovative products‚ lack of communication between the department and all of sudden most of the workers feel uncertain about their future in the company. Lack of leadership and management causing many problems inside the company and reflected to the company profit in the last few years. At the moment
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Case Analysis Report Elektra Products‚ Inc. I. Introduction Elektra Products‚ Inc. is an 80 year old publicly held company that had once been a leading manufacturer and retailer of electrical products and supplies. In recent years‚ the company experienced a host of problems: market share was declining in the face of increased foreign and domestic competition; new product ideas were few and far between; departments such as manufacturing and sales barely spoke to one another; morale was at all
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Elektra Products‚ Inc. Statement of the relevant facts Barbara Russell is a new CEO. She still has to earn the respect of her subordinates. Changes in the company has to be made. The company experienced many problems in the previous years. As stated in the case the problems are: Declining market share Increased foreign and domestic competition Few new product ideas Rare coordination between the sales and manufacturing department Low morale Employees are seeking other jobs C.Many
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Elektra Case Study 1. How might top management have done a better job changing Elektra Products into a new kind of organization? What might it do now to get the empowerment process back on track? As the new CEO‚ anyone who is not there to give their support should be given a boot. Offer early retirement package to those not supporting the plan. 2. Can you think of ways Barbara could have avoided the problems her team faced in the meeting with department heads? Communication. Involve all other
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Question(1):How might top management have done a better job changing Elektra Products into a new kind of organization? What might they do now to get the empowerment process back on track? Analysis of the case study Main issues – 1. Declining of Market shares 2. Few new product ideas or far between 3.Poor staff relationship 4. Low staff morale Weaknesses- 1. approach in change management 2. Organizational culture 3. creating problem solving team 4. the process of employee involvement
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Case 1 Paper products‚ Inc. Introduction Paper Products Inc.‚ a manufacturer of file folders‚ file markers and labels‚ and a variety of indexing systems‚ the products of PPI are of great quality and have no match with the competitors. The case basically revolves around a decision that is to be taken on a proposition offered by Office Center Inc. – a distributor of office supplies i.e. offering PPI to get into Dealer Branding‚ creating a product under dealers brand name similar to that of its
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Gourmet Products Inc. Prepared by Asif Majarani‚ Sr. Audit manager of Majarani Associates‚ CGAs Submitted October 31‚ 20X0 Summary Our firm has been engaged with GPI for compilation engagements for the past two years. For year ending September 30‚ 20X0‚ a preparation of consolidated financial statements are required due to acquisition of foreign subsidiary on August 15‚ 20X0. This report addresses issues surrounding the preparation of the consolidated statements for Gourmet Products Inc. (GPI)
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The Attivio Case study discusses in detail about the product growth of Attivio Inc. from a software service to a full-fledged product. The study describes the organizational thought process that drove Attivio into a different category of products. It goes into detail about the differences between a vertically aligned product and a horizontally aligned product while keeping in mind the competitive nature of the industry and the economics- pricing paradox that causes havoc for any product. With a brief
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SCENARIO : Russell Smart is 88 years old and has lived in a residential aged care facility since the age of 60 when his right leg was amputated below the knee due to poor circulation resulting in gangrene in his right foot. Russell smoked 50 cigarettes a day in the past even though he has been diagnosed with emphysema for 15 years. Russell suffers from poor circulation to the left leg and has gangrene to his left little toe. Russell requires oxygen most of the time due to his breathlessness. Oxygen
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by producing new and innovative products. SWOT Analysis Strengths * Personalized products. * Well-positioned company. * Hard-working and loyal workers. * Good and exceptional reputation. Weakness * Stagnant revenue. * Retiring employees. Opportunities * Expansion. * Partnership opportunity. * Industry and life style trends. * Merging or acquisitions possibilities. * Potential introduction of other products & services. * Use of internet
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