Monday, June 10, 2019
Flinder Valves and Controls Inc Case Study Example | Topics and Well Written Essays - 1000 words
Flinder Valves and Controls Inc - Case Study ExampleStrength of FVC FVCs strengths ar the internal factors that led to the success of the in its operations. The social club has a good top-management team who organizes and runs the companys daily operations. The management team is comprised of highly innovative team that develop innovate products that atomic number 18 desired by their potential customers (University of Virginia, 2008). Weakness of FVSThe company lacked luxuriant finances to expand and venture into international markets. This made it experience stiff competition from highly complete companies in this industry. The company also lacked the knowledge for high volume manufacturing. The company sometimes produces fewer products that do not meet customers demands. Low volume of issue is also associated with fewer sales, which generate less revenue for the company (University of Virginia, 2008). Lack of enough resources and revenue are the principal constrains towards the companys expansion. Strengths of RSEThe company has enough resources to venture into global markets and demand other small companies in this industry. With the enough resources, the companys management team is capable of initiating sweet project activities which abide add value to the bank line operations (Weaver & Weston, 2004). The companys marketing strategies are well planned, and this has made it gain a bigger market dispense than its key rival companies. Its products are also designed in away that meet its customers expectations.... Strengths of RSE The company has enough resources to venture into global markets and acquire other small companies in this industry. With the enough resources, the companys management team is capable of initiating new project activities which can add value to the business operations (Weaver & Weston, 2004). The companys marketing strategies are well planned, and this has made it gain a bigger market share than its key rival companies. Its products are also designed in away that meet its customers expectations (University of Virginia, 2008). Weaknesses of RSE The company management team lacks innovative skills. The company has not developed new products over a long period, and this has made it face stiff competition from its highly innovative key rivals (University of Virginia, 2008). Low profit turn over are occasionally realized by this company, and this calls for new strategies to be implemented. Frequent changes and implementations of new strategies make the company lose focus on its potential projects, thus making it to operate behind schedules (Beam, 2001). The Situation and Need for Negotiation Both FVC and RSE Companies want to improve on their strengths and solve their weaknesses. In order to achieve this, the companies presidents want to write in code into a merger for mutual benefits. Both the companies want to take advantage of each others strengths so as to improve their business operations (University o f Virginia, 2008). FVC want to change state a subsidiary of RSE International so as to improve and maintain its identity. After the acquisition, FVC will maintain its top management team including other employees. FVCs also wanted to take advantage of RSEs resources to expand into the global market and improve its
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