The Grayson Chemical Company I. Problems A. Macro 1. Grayson has become stagnant‚ failed to change‚ and is no longer competitive. 2. The current people at Grayson are not acceptable to change. 3. There is a culture of doing things by the book. B. Micro 1. Incompetent managers promoted. 2. Board does not have a consensus of opinion. II. Causes 1. Grayson has not been proactive with its environment. 2. Corporate culture is very resistant to change. 3. Board does not speak with one
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Case #2: W-G-P Chemical Company John White‚ vice president of distribution for W-G-P Chemical Company‚ was preparing for the annual strategy review session conducted by the firm’s executive committee. He was charged with the task of evaluating his firm’s logistics costs and customer service capability for his firm’s packaged dry and liquid agricultural chemicals. W-G-P Distribution Systems Figure 1 outlines the existing logistics system for W-G-P Chemical Company. Four types of facilities:
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Problem As the financial consultants of Catawba Industrial Company our aim is to determine the best course of action to pursue with respect to the introduction of the new proposed light weight compressor. This course of action must remain within the production capacity restrictions the company faces. Alternatives Status Quo: The company will continue to produce the standard compressor to satisfy the requirements for the automatic paint system and the demand that currently exists for this
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bab Catawba Industrial Co. case study Report Submitted By: Bhawna Dudeja Sec- E PGP20112051 Q1 Is the company correct in its practice of not manufacturing standard model compressors on Sundays because of the accounting loss incurred on each unit? Ans. Acc to case study from Monday to Friday they are producing 20 units and getting the profit per unit is $1800 and on Saturday they are producing 4 units and profit per unit is 450 and on Sunday
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Dow Chemical Accounting Homework Dow Chemical Company is a manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services. Its product lines include chemicals‚ advanced materials‚ agro-sciences and plastics businesses. Attached are the excerpts from Dow Chemical’s Annual report for 2012. Based on the information in the financial statements and footnotes‚ please‚ answer the questions below. Assume a tax rate of 35%. 1. Which cost flow assumptions
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Industrial Paternalism: The Company Town ABSTRACT: Industrial Paternalism has had an impact on the way that unions are viewed in today’s society. The early 1900’s saw many Company Towns used by companies to control their workers both in their workplace‚ as well as‚ their personal lives. This paper reviews the definition of Paternalism and Industrial Paternalism in the early 1900’s mining industry. It reviews notable events that materialized due to these conditions and concludes by examining
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order process it is important to have the correct information provided in a timely fashion to all divisions. For integration to be successful information must be available throughout the entire supply chain. The main problem is with Woodson Chemical Company is the lack of management and communication across all divisions within the organization creating bottlenecks throughout the operations. There are several sub problems seen throughout the organization at different levels of management and production
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Case 1: Chemical Bank: Implementing the Balanced Scorecard see page 233-252 Questions for the case: 1. What does Mike Hegarty want to accomplish with the BSC ? 2. Comment on the BSC implementation at Chemical’s Retail Bank ? 3. What pitfalls need to be avoided for a successful BSC project? Balanced Scorecard Implementation Pitfalls to Avoid There are many Balanced Scorecard implementations where companies don ’t seem to get all the benefits described above. Research and experience have
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In this case I play the role of Edward Cummings‚ a senior credit representative of Joyce Chemical Company. My task in this case is to look into Eliot Manufacturing and to see if we should continue or terminate our relationship with them. If we were to continue‚ the choices would be to either have them in a program to reduce their accounts payable or to tolerate gradual increases in credit. After doing an analysis on Mr. Pound and the Eliot Manufacturing Company‚ I would recommend that Joyce
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Diamond Chemicals PLC (A): The Merseyside Project Late one afternoon in January 2001‚ Frank Greystock told Lucy Morris‚ “No one seems satisfied with the analysis so far‚ but the suggested changes could kill the project. If solid projects like this can’t swim past the corporate piranhas‚ the company will never modernize.” Morris was plant manager of Diamond Chemicals’ Merseyside Works in Liverpool‚ England. Her controller‚ Frank Greystock‚ was discussing a capital project that she wanted to propose
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