Earnings from Maytag neighboring businesses 110 Less: earnings from Aga sale 49 Less: earnings from Dixie-Narco sale 46 Extra earnings from purchases of other Maytag parts 15 The figure is acquired by deducting the number of cash acquired from the purchases of Aga Sales and Dixie-Narco which was $49 and $46 million separately from the Proceeds acquired from Maytag adjoining organizations which were $110 million. Purchase of organizations‚ less money procured 797 Less: Earnings from Maytag adjoining
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Maytag Case Study Executive Summary The Maytag Company was created in 1909 because F.L. Maytag had found a niche in the market by producing washing machines. They were extremely successful and held 40-50% of the market share throughout the 1920′s and 30′s. F.L. Maytag had created a product that was known for its quality and was a product that targeted the high-end consumer. Maytag continued to enjoy market leadership‚ market share growth‚ and profits until they tried to expand globally in 1988
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Professor: Dr. Pratim Datta Graduate School of Management Kent State University Date: 9/16/2012 Q1. Assume you have been asked to advise on a project rollout for a global company (MNC: Multinational Company) division such as Maytag Refrigerators. Maytag Refrigerators uses its universal brand but conducts all its component sourcing‚ packaging and labeling from around the globe. Its compressors might come from Thailand‚ its condenser piping from Brazil‚ its electronic and thermostat units
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Running head: MUSEUM OF TOLERANCE! 1 MUSEUM OF TOLERANCE Tolerance Adams West Coast University Running head: MUSEUM OF TOLERANCE! 2 Abstract The Museum of Tolerance was not what I expected. Here are a few questions that I will answer throughout my paper. What I saw at the museum‚ what the museum taught me about cultural diversity‚ what I learned from this experience and how it may have changed my perceptions. Running head: MUSEUM OF TOLERANCE! 3 The set up of the museum
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When Maytag faced global issues between possibilities of being bought out and confronting heavy losses and lawsuits from consumers for UK Hoover’s cumbersome product promotions‚ Leonard Hadley stepped up as CEO in utilizing the power that he had to keep Maytag together and resolve the issues that it had to handle. The power that he used throughout his time spent as CEO was manifest in the ways that he formed and exhibited a respectable image of himself‚ and dealt with foreign Maytag subsidiaries
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prevent Maytag from entering this market by increasing its advertising levels? What is the equilibrium outcome in this game? Suppose that an analyst at GE is convinced that just a little bit more advertising by GE‚ say another $2m‚ would be sufficient to deter enough customers from buying Maytag‚ thus‚ yield less than $0 profits for Maytag in the event it enters. Suppose that spending an extra $2m on advertising by GE will reduce its expected profits by $1.5 m‚ regardless of whether Maytag enters
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Case Analysis 1) How would you characterize the large household appliance industry and market? According to the textbook‚ I would characterize the large household appliance industry and market have great potential and opportunistic revenues; especially‚ in the developing countries such as China‚ India‚ and Southeast Asia areas with great portion of population do not own any or very few of these appliances; moreover‚ the population of these countries is very large; for example China population about
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its "lonely repairman" ad campaigns. For 35 years‚ those ads have helped position Maytag as a reliable brand for major appliances. Gordon Jump‚ an actor who really was a former Maytag repairman‚ played the lonely repairman role in ads for 14 years. In 2004‚ another veteran character actor‚ Hardy Rawls‚ took on that job. Although Maytag’s basic positioning has been consistent over many years‚ marketing managers at Maytag are constantly developing new marketing strategies. So let’s take a closer look
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major home appliances‚ with annual sales over $19 billion‚ more than 80‚000 employees and more than 60 manufacturing and technology research centers globally. Consumers around the world enjoy Whirlpool’s innovative products marketed under Whirlpool‚ Maytag‚ KitchenAid‚ Jenn-Air‚ Amana‚ Brastemp‚ Bauknecht and other major brand names. With this varied inventory‚ plus a large direct sales force in more than 170 countries and an unpredictable sales cycle‚ effective supply chain management is critical for
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of the most common contingencies—warranties and lawsuits—at Maytag Corporation‚ a leading manufacturer of home and commercial appliances. Under the accrual accounting method‚ estimated warranty costs are charged to operating expenses in the year of sales‚ and a corresponding liability is established. This liability is reduced when the actual warranty charges are incurred. The notes on the financial statements reveal that in 2004 Maytag estimated $132‚841 in warranty liability and made $121‚162 in
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