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Analysis Of Staples Inc.
The external environment or external audit are the factors outside the company that affect the company's ability to function. (Writer, L. G. 2011) It is
made up of three components. The first being the general environment. Legal, political, social, technology, environmental, and economic factors are all
included in the general environment. The second component is the industry environment. The Porter's Five Forces is the key factor in this environment.
As well as using the Five Forces to determine whether an industry is attractive or not. The final component is the competitor environment. This
environment discusses the competitors and includes a Competitive Profile Matrix. This matrix compares the rivals of Staples, Inc. Each of these
environments ... Show more content on Helpwriting.net ...
This segment focuses on several key components. The essential factors in environmental implications include the location of the organization, energy
consumption, pollution levels, and recycling. It is also important for companies to keep in mind any natural disasters that can occur. Staples takes their
environmental impact seriously and has a specific section on their website that highlights some of their greatest environmental accomplishments. Top
accomplishments include more than $5.2 billion in product sales with environmental features, 527 Energy Star qualified facilities in the United States,
and the company has recycled more than 120 million pounds of waste since 2010 (Staples, 2017). Considering Staples is already proactive in
environmental concerns, it protects the company from further environmental regulations from the government, which could potentially alter their
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Staples Case
Table of Content
Page(s)
Executive Summary............................................................................................ Background в—Џ в—Џ Development and
Growth....................................................................... Current Information.................................................................................
2
4 7 11 15 17 19 24 30 31
SWOT Analysis.................................................................................................... PEST
Analysis..................................................................................................... Corporate Level Strategy....................................................................................
Business Level ... Show more content on Helpwriting.net ...
Walgreen Co. Xerox Corporation
3
a)
BACKGROUND Staples began operations in May 1986 when Tom Stemberg, a Harvard Business School
MBA graduate and pronounced retailer pioneered the first Staples office supply superstore in Brighton, Massachusetts. Tom Stemberg who was early
rooted in retail after leaving school to his first job on the store floor of Jewel Corporation, bagging groceries, stocking the aisle and maximizing sales
later to become the youngest vice president of the company at age 28. He was known for his aggressive marketing tactics which he used to
successfully develop and launch the first line of generic foods sold in the US, After leaving Jewel Corporation Stemberg embarked on a similar
adventure to run the grocery division of another retailer, he was later fired. Leo Khan a former rival in the retail industry approached Stemberg with
and the idea of a new business venture and offered to back the venture with $500,000, Stemberg review options but none seemed viable at the time.
The idea of Staples was born out of Stemberg interview for a top position at a Dutch–based warehouse club named Makro, Stemberg was astonished by
the rate at which office supplies were being sold at the time at the company and contemplated whether or not a superstore for this merchandise would be
worthwhile, pondering the idea he commenced an informal market research by garnering information from colleagues to which the responses where
satisfactory. The idea was further
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Merger Between Staples And Office Depot
Proposed Merger between Staples and Office Depot Leads to Concerns of Higher Prices
The effect and impact of corporate mergers of companies can be a significant change for the company's prosperity and growth as well as the
consumer's point of view also. Though few of the mergers and acquisitions might be helpful for the company and be profitable as well there are
always few risks and failures that come with the process. According to a study the company has only 50% chance of success when it comes to merger
and acquisition. But still very big companies do the merger because they can become bigger by combing with their competitors and end their
competition. But sometimes these mergers are expected to create a monopoly in the sector because they will dominate the whole sector and cause a
biased decision for the customers. This case talks about the merger between two of the biggest office supplies companies Staples and Office Depot.
Through this case we will discuss on the merger between the two big companies created a tension of monopoly and whether or not it will be
profitable for both sides of the merger. This "Mega–Merger" created a sense of stress in the Federal Trade Commission (FTC) also forcing it to file a
case against both the parties for creating a monopoly in the business. If we look at this case in the view of a Firm Manager we can clearly identify the
rights and the wrong in the case and effectively point of out how it is going to be a failure of success by
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Best Buy Co. Inc
Best Buy Co, Inc.
December 2, 2011
McCombs School of Business
The University of Texas at Austin
Overview
Best Buy operates as one of the largest electronic consumer outlets in the United States. While Best Buy is internationally known for selling a large
variety of electronics, it also sells home office products, appliances, and entertainment products. Best Buy chains are located predominantly in the
United States, Canada, Europe, and China. Since Best Buy's success is strongly dependable on the consumer, its main goal is to do whatever it can,
within reason, in order to make its customers fully satisfied.
Its vision is centered around the "People, technology, and the pursuit of happiness." As a corporation, its four main... Show more content on
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With a market capitalization of over $10 billion, Best Buy is the dominant player in this industry. Competition in this industry is high primarily
because there is little to no switching costs if a buyer chooses to shop somewhere else. Likewise, products are not set apart: buyers can get
comparable products at almost all of the different electronic stores. As a result, companies like Best Buy have to compete on prices and non–tangibles,
such as customer service and friendliness.
The threat of potential new entrants into the consumer electronics retail industry is relatively low. Best Buy has forged a reputation for selling mid– to
high–end product and excellent customer service. It would be difficult for an entrant to challenge the company. Furthermore, it would be difficult to
undercut incumbent firms who have already established relationships with suppliers to purchase merchandize at the lowest prices.
The substitute products, that may take a portion of the market share away from the consumer electronics retail industry, do not create a huge or
direct hazard. Today's society and culture place a big emphasis on technology and it is highly reliant on electronics. The bargaining power of buyers
for electronic products is extremely low because the buyers primarily consist of a weak and divided group of individuals, and technology has became
a vital need for most people.
The suppliers for companies in the market have
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Antitrust And The American Consumer
Antitrust and the American Consumer
Kent L. Himes
College of Western Idaho
Abstract
The predominant view in the United States is that The Sherman Antitrust Act of 1890 was passed with the intent to protect consumers from inefficient
market forms, and predation by large corporations. The specific provisions of the Sherman Act, as well as the later Clayton Act of 1914, prohibit acts
that are considered to be anti competitive such as cartels, monopolies, price discrimination, and predatory pricing. Mergers and acquisitions are also
individually reviewed to ensure they won 't have an anti competitive effect on the market. We will look at each of these acts to try to determine their
actual impact to the consumer. We will also... Show more content on Helpwriting.net ...
(DOJ 1997) Note that price fixing doesn 't necessarily need to result in increased prices.
Price fixing scenarios require two main ingredients to be effective for the companies that attempt them. First, the demand curve for the product or
service in question must be sufficiently inelastic such that a decrease in production will raise the price enough to ensure a higher profit level. The
second requirement for price fixing is that participating companies must combine for an effective monopoly of the market in question. If two relatively
minor companies decide to raise their prices together, this will only result in the rest of the market taking additional share, and the conspirators losing
money.
In a free market economy, price fixing agreements face two large challenges to their effectiveness. The first is that while the companies participating in
a price fixing agreement will benefit as a whole from adhering to the agreement, each individual company has a very strong incentive to cheat on the
agreement and charge a market rate. Lowering prices allows the company to pick up additional market share from their competitors and increase profits
for themselves above what they would be entitled to under the agreement. The second difficulty arises from the fact that without very high barriers to
market entry, the higher prices being charged
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The Impact Of World War II On The United States
World War II had a considerable influence on the United States. It is agreed by many historians that WWII was as surely won on the American
homefront as it was on the actual battlefield. In 1939, compared to that of its enemies, American preparation for war was by far lacking. After just four
year, The United States became a "military superpower." According to a comparative study by Richard Overy, about two–thirds of all Allied military
equipment produced during the war was provided by American industry. Companies that would normally produce everyday vehicles (such as
automobiles) began to manufacture tanks and aircrafts. Although no battles were fought on the mainland, the war still heavily affected all ways of
American life. It heavily affected political, economica, and corporate industry.
One of the many industries that were radically changed by World War II was the film industry. This change altered the content and style of films
that were produced in Hollywood. A long period of decline was seen after experiencing boom years from 1939 to 1946. Within several years,
attendance and box receipts fell. This was partly caused by reasons that were external to the industry. Veterans returning from the war got married,
started families, attended college ( Due to the GI Bill), and bought homes in suburban areas. A toll was taken on box office receipts due to these
activities. It was preferable for families that had children to listen to the radio rather than going to the
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Essay on The Ofiice Superstore Case Study
1)How would you classify the office superstore industry? Who are the competitors? What are the characteristics of this industry that lead to this
conclusion?
Today's office superstore industry in the United States provides a convenient one–stop shopping experience for small businesses and individuals with
home offices. The main competitors in the industry are Office Depot, Staples, and Office Max. All of them offer a variety ofoffice supplies, as well as
computers, office furniture and other business related items.
Office Depot is the largest office superstore chain in the United States. Office Depot is first in total number of stores, first in average sales per store,
first in average weekly store sales, first in total delivery sales ... Show more content on Helpwriting.net ...
The only competition the merged firm would face in some areas is OfficeMax. Even though many other retailers sell office supplies, none of them
offer the same variety and one–stop shopping convenience as office superstores do. The situation is unlikely to change over time due to high barriers
of entry into the market, which will give the merged firm an opportunity to raise its prices annually and still keep customers coming back.
4)What is the relevant market for this case? Should retailers that sell, but do not specialize in office products, be considered as part of the market?
What evidence supports this conclusion? What are geographic considerations?
A relevant market is defined as a market where "sellers, if unified by a hypothetical cartel or merger, could raise prices significantly above the
competitive level". The main focus here is not whether other office retailers have anything in common with office superstores, but whether a sufficient
number of customers will continue buying from them despite of significant price increases. The relevant market in the case includes only Office
Depot, Staples, and Office Max in some areas. The proposed merger will most likely create a monopoly and significantly reduce competition. The
evidence shows that even if the new monopolist raises the prices by more than 5%, the majority of customers will not consider such retailers as
Wal–Mart, BestBuy, Target, Kmart as substitutes for
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Office Depot Potter Analysis
Porter's analysis: 2. The second factor is rivalry among existing firms. * Office Depot's major competitors include: IKON Office Solutions, Staples,
United Stationers, OfficeMax, and Wal–Mart Stores. The competition among these firms is highly intense. Another competitor is Fedex Kinko's (14%
of the market segment) * Staples, Office Depot and OfficeMax) comprise about 11% of the market combined. * print and ship services are
approximately 17%, ranking it as one of Office Depot's most profitable offerings * Office Depot, Staples and Officemax are the market leaders in the
office supply industry. However they only account for 10% of the market. The rest is divided widely between supermarkets, wholesale retailers,... Show
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* there are a number of substitutes available to consumers. Discount furniture outlets such as Ikea offer desks and chairs for the home office. For
businesses, companies like Steelcase can furnish entire buildings all under one contract, whereas an office supply outlet cannot. Major corporations
often enter into purchasing agreements with the computer manufacturers themselves to order in bulk. Retail outlets such as Best Buy offer the same
technology as the office suppliers, often at a very competitive price. Finally, Wal–Mart is a major... * Suppliers range from multinational high–office
providers to local stationeries. * Suppliers are numerous, and low differentiation, along with some backwards integration by players who sell their
own branded goods, weakens supplier power. Rivarly among firms: * Players range in size and product diversity; they include high–volume office
supply providers (e.g. Staples), warehouse clubs (e.g. Costco), copy and print businesses (e.g. FedEx Office), online retailers (e.g. Amazon.com), ink
cartridge specialty stores, discount retailers, as well as several local and regional contract stationers. The large number of players, along with low–cost
switching for buyers, low product differentiation, easy expansion by utilizing the internet, and poor market growth in recent years, intensifies rivalry
amongst incumbents. This
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To What Extent Was the U.S.'s Involvement in the War...
To what extent was the U.S's involvement in the war between Japan and China which caused Japan to attack Pearl Harbor?
A: Plan of Investigation The purpose of this investigation is to analyze the extent to which the US's economic sanction and trade embargo on
Japan was responsible for the cause of Pearl Harbor which occurred in December 7, 1941. The analysis will inspect U.S's role in the cause of Pearl
Harbor as well as look at other reasons that contributed a role to the cause of Pearl Harbor. It will observe the effect of the Pearl Harbor on the U.S,
as well as how it affected Japanese Americans. This investigation will include an evaluation of the origin, purpose, value, and limitation of two
documents used for ... Show more content on Helpwriting.net ...
Roosevelt was to restrict military supplies flowing into Japan
This reaction caused Japan to ease off their aggression on China
Final Moves of United States (1940)
Overall increase of aid to China
Move towards a complete embargo on all useful military items being collected by Japan
Japan reacted by creating "Greater East Asia Co–Prosperity Sphere" which allowed Japan to depend less on Western war supplies. (Office of the
historian) (4)
United States doubted that Japan would have enough military strength to attack US territory.
US was left stunned at the fact that Japan initiated their attack on Pearl Harbor
This ended with the United States declaring war on Japan and soon entered a military alliance with China. (Office of the historian) (7)
C: Evaluation of Sources
1.Malcom, Darien S. "Firstworldwar.com." First World War.com. http://www.firstworldwar.com/source/21demands.htm (Accessed March 19 2014)
This primary source was written by Malcom Darien S. who is a historian that runs the website World war one which gathers documents throughout the
years of the First World War and places them all into a single webpage for the maximum amount of information could be obtained easily and simply.
Malcom went through the experience of the world war on second hand from stories of World War one from his grandfather which motivated him to
create this webpage to ensure that the
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Marketing Analysis : Staples, Inc.
Positioning
Positioning is where a firm fits in the minds of their target markets. It is also where a firm stands against their competitors and what sets the firm apart
from their competitors. Staples, Inc. is one of the top competitors in the office supply industry, with competitors such asOffice Depot and Wal–Mart.
The company has positioned itself to be a more convenient solution to office supplies shopping for consumers with the Easy Button. The easy button
accentuates the ease of purchasing for office supplies at Staples at the click of the button. To ensure their consumers received an experience that was
stress free, Staples equipped their employees with the knowledge on products and services to be helpful towards the consumers and provide a hassle
free shopping experience. Staples have also positioned the company to be the office supply retailer for the corporate industry and to do so Staples
removed unneeded products such as cartoon character backpacks. Staples provide their consumers everyday office supply products such as ink and
toner, packing and shipping supplies, and coffee and snacks. The technology Staples offer is laptops and computers, printers and scanners, computer
software, and so on. Staples also offer to their consumers design services, tech support services, textbook rentals, and shipping services.
Consumer Attitudes
According to the Better Business Bureau, Staples has one positive review, 3 neutral reviews, and 112 negative reviews. The positive
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Eco 365 Final
Final Exam University of Phoenix ECO/365 Question One What is the most important determinant of price elasticity of demand? Why is this so?
Price elasticity that relates to demand is determined by many factors. Price elasticity is measured by the change in price and the response from
consumer demand. The demand of a good or service will vary the price in the item. The most important factor to determine the price elasticity of
demand is necessity. If a good is a necessity, the demand will seldom change and the price is able to be adjusted. The demand is the most important
due to the freedom it provides for price adjustment and inventory control. With necessity comes an inelastic price. Other factors such as the... Show
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If the slandering works the candidate will win the Senate seat by lowering their competitors credibility. Question Four Choose one of the three
types of market failure and give a real world example of it. Do you believe the government has the ability to solve this problem? Public goods are
one of the main types of market failures that the government often has the ability to solve. Public goods such as medical, education, and
employments can be seen as market failures. An example of a public good would the post office. The government controls the majority of shipping
and package delivery but also the ability to solve the problem of lost budgets annually and the increasing rates of shipping. The post office is a
necessity and is failing based on the lost revenue every year. The post office is also losing its labor supply based on the loss income and profit. The
government can allow for the post office to become publicly run where a profit can be made and allow for an oligopoly to keep prices low with
removed competition. The government has the option of stepping out of the market and allowing it to grow within a free market system. Question Five
Define the concept of comparative advantage. How can a country gain or lose its comparative advantage in the production of a good? Comparative
advantage is the concept that production can be conducted with lower opportunity cost than a competitor. The lower cost of
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In This Paper, I Will Be Discussing Ford Motor Company
In this paper, I will be discussing Ford Motor Company and the role it plays in the global economy. Like the United States economy, the Global
Economy is important as well as it links the economies of individual countries to each other and changes in a single can have ripple effects on others.
Ford Motor Company
Ford Motor Company operates in two sectors: automotive and financial services. Ford Motor Company is one of the largest automotive manufacturers
in the world, employing about 166,000 employee globally.
The company's automotive vehicle brands include Ford and Lincoln. The automotive section of the company assembles and distributes automobiles
across six continents. Ford operates, primarily in North America, Europe, and Asia. Ford... Show more content on Helpwriting.net ...
Ultimately, the government decided to help GM and Chrysler. Nevertheless, Ford was able to make a case for its business model known formally as
"One Ford –– One Team One Plan One Goal." Ford has present in the global economy before with several production facilities located around the
world, but they realized they needed a strategic business plan to get through the automobile industry crisis. Ford's management announced the business
plan in June 2008. The Ford plan identified that the company needed to streamline its operation by unifying its global business. Ford stated that "six
European small vehicles [would be] coming to North America from global B–car and C–car platforms." B–car models are subcompacts and C–car
models are compacts. According to Matthew Keegan (2016) in 2009, Ford began to import its compact Transit Connect van from Turkey. In 2010, the
automaker introduced the Ford Fiesta to the market, a subcompact model. In 2011, Ford replaced the North American version of the Ford Focus with a
European–derived model, where previously Ford had designed completely separate models for both market. Consequently, the differences were costly
to Ford and forced the company to seek federal help, a petition the government denied (Keegan, 2016).
Global Supply Chain
Ford Motor Company has one of the most complex supply chain in the industry. Ford has achieved several of their goals by fostering long–term
relationships with their suppliers through active
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Staples Market Structure
Staples Market Structure
ECO/365
August 1, 2012
Moises Rodriguez
Abstract "Market structure refers to the physical characteristics of the market within which firms interact." Currently the office supply market is
saturated and the competition is tight. The leading contenders for this type of market are Staples and Office Depot, but there are many choices
available to consumers looking to get the most value for office supplies. It is ironic that both Staples and Office Depot opened for business in 1986.
These companies fall under a monopolistic competition structure. Staples and Office Depot maintain a high marketing presence and are recognized in
the office supply industry. But because of the fierceness of the ... Show more content on Helpwriting.net ...
This company has worked hard to create a positive image and it will more than likely be around to meet the needs of Fort Bliss, SBA and GSA
business contracts.
Market Structure Choice
Staples, Office Depot, Office Max, Reliable, Medical Arts Press, Quill, and Pencil Cup are all office supply vendors and the difference between all
these vendors are minuscule. Staples and Office Depot each manufacture their own private label. Each vendor then provides the customer with a
substitute to purchase against a name brand item. For example, sticky notes are a popular office item and for the longest time the market was held by
Post It Notes. The times are changing and many items are being cloned by these big vendors and the pricing comparison against the name brand result
in cost savings with the use of the private label items. Both Staples and Office Depot are in an elastic relationship with their customers. With the
availability of substitutes and price savings, ultimately the factor separating Staples and Office Depot is price. These businesses fall under
monopolistic competition and the activity is watched closely by each other.
Competitive Strategies
Staples has the buying power to provide the lowest pricing to its valued customers. Staples meets with potential clients and works with them to provide
cost savings over the current vendor. Usually, the competition is Office Depot. In preparing an
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Small Businesses In The 1800s
Starting in 1776, the United States was born a nation, which was run only by small businesses. Small businesses were made up of one to about fifty
people and production was slow due to a lack of technology and capital. All small businesses were done by hand labor, which could take weeks to
produce a product for the consumers. Many small businesses only had one specialty that they were focusing on producing because of such slow
production and not enough money to produce several different products. Most small businesses were low supply with a high demand that raised prices
high so only higher–class people could afford their goods. This created a demand for bigger business expansions so that more products could be
produced faster and cheaper. ... Show more content on Helpwriting.net ...
After the civil war in the mid 1800's demand for products increased and the only way to fill the high demands were to create big businesses, which
created more jobs and allowing companies to produce more products at a lower price. Businesses grew because of high demand so companies were
able to get better technology to put out goods faster and they had the capital to do so because of consumers were willing paying for what they want.
The U.S. started out by running on small businesses but later grew on big businesses with higher supply to fill all consumers high demands making
profits like never before. In the early 1800's small businesses were a big part of the United States history. Businesses were small because they served a
small market of people, with many small businesses owed by several different companies producing products in many areas. All small businesses were
run by hand labor with the lack of technology and no machines at the time. There were several major types of small businesses throughout the 1800's
including; farming, blacksmith, railroad, and
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Inadequate Training Of Employees As Well Has Had An...
Inadequate training of employees as well has had an enormous impact on company sales. This weakness is seen on many levels of the retail chain
and through management. Staples has a lot of employees that are not properly informed for the products that are being offered which causes the staff
to not have the right knowledge to convey to the customers. Employees at Staples are usually hired in a 1 or 2 step interview and given a trial shift.
Comparatively, Apple Inc. has a 5 step interview process consisting of phone and face–to–face interviews. There is clearly a difference in quality of
employees hired between the two companies and it shows in the marketing and product offerings. Staples hires many employees that don't have the
sales experience even for a service/semi–department store. The employees don't have sufficient product knowledge, education or the motivation to sell.
The bottom line is that employees are not closing sales and are not up–selling the products, even though the products offered are practical and easy to
use. Reuters recently stated that, "Many investors look at office–supply retailers as a barometer of economic health because demand for their products
is closely tied to white–collar employment rates." (Wohl & Cavale, 2013). This is a clear indicator that the company has to start advertising and
targeting the white–collar employees and companies more, as well as doing more wholesale activities with industries and other companies. Another
weakness
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Staples Inc
I. BACKGROUND Staples Inc. founded in 1985 by Thomas G. Stemberg and Leo Kahn in Brighton, Massachussets. It is headquartered in Boston
and employs 89,000 employees worldwide. Staples sells office supplies at more than 2,000 stores as well as through its catalog and call centers, the
internet site, and contract sales force. In additional to typical office supplies, stores offer computer hardware and software, furniture, art and school
supplies and printing and copy services ( Staples 10k, 2012). The company has 3 operating division: North American Delivery, North America Retail
and International. The retail stores in Australia, Brazil, China, Denmark, France, Germany, India, Norway, Portugal, United Kingdom and the United
States ... Show more content on Helpwriting.net ...
B. BARRIERS TO ENTRY: POTENTIAL ENTRY OF NEW COMPETITORS Mostoffice supplies have little brand loyalty, low end–user switching
costs, low government regulation, and easy access to suppliers and distribution channels attracts potential new entrants.Economies of scale provide a
significant advantage over the larger office supply that allow them to compete with high–volume to lead the market. Company with a strong financial
able to gain better profit by negotiate better contracts with suppliers.Entry can be achieved on a smaller scale by focusing on specific productrange or
by developing an online retail shop. The low growth in this industry also makes it less attractive to new entrants. Overall, the threat of new entrants is
strong (Merketline, 2102)
C. SUBSTITUTES There is a big challenge for those operating primarily with paper–based office products because many companies move towards a
paperless office format to decrease the operational cost and environmental friendly. Office services such as photocopying, printing and binding may be
substituted by electronic forms of communications. Switching costs are moderate due to already developed ICT systems by market players. Therefore
the threat of substitutes within this industry is moderate. (Pearson–Jones, 2010; Merketline, 2102)
D. POWER OF SUPPLIERS Numerous suppliers especially from low
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Proposed Merger Between Staples And Office Depot
Anticompetitive Effects and Price Effects: Proposed Merger between Staples and Office Depot (1997) Xueqi Ji 6252074952 Abstract FTC employed
structural, documentary, statistical, econometrics and financial evidence to verify that the proposed merger of Staples and Office Depot will lead to
increase in market concentration, market prices and stock prices, and thus support FTC's contention that this merger will cause an anticompetitive
effect on Office Superstore market. Staples and Office Depot made a plain and useless contradiction. Finally, the Court announced to agree with FTC,
and granted a preliminary injunction on this merger. This paper mainly focuses on FTC's evidence and analysis. Keywords: antitrust, horizontal merger,
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Staples (2006), Orley Ashenfelter, David Ashmore, Johnathon B. Baker, Suzanne Gleason and Daniel S. Hosken leveraged extensive public record
to provide a detailed discussion of the econometric models used in this merging case and to show how differences between the models led to the
discrepancy between these estimates. FTC claimed that based on various analysis and evidence, proposed merger between Staples and Office Depot
will harm competition in office superstore chain market and raise market price which will lessen customers' welfare. Nevertheless, two parties of
merger casted doubt on every detailed statement, and interpreted that this merger will reduce costs, broaden scale of economies, improve economic
efficiency, and optimize resource allocation, and then lower market price efficiently. Finally, the Court chose to agree with FTC's contention.
II.Background In 1996, there were three largest and absolutely dominant office superstores (OSS) chains in United States office supply market,
Staples, Office Depot and OfficeMax. Office superstores can get access to much more convenient and cheaper supply of goods than small retailers
through signing a mass of contracts with suppliers. They are mostly located in downtown business districts, and own considerable floor areas, a wide
variety of product types and sizable supply size. Therefore, they can provide consumers with great user experience and convenience by
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Costco Wholesale Business Analysis
Today, the most important commercial activity is considered retailing, as the retail stores provide the consumers with various products and services.
There are many fields in the retail industry such as franchise stores, supermarkets, specialty stores, variety stores, online merchants, and supermarkets.
By having many types of merchants, the retail industry thus helps the customers to freely choose the sellers, or stores, and enjoy buying products at
the selected stores. As various merchants sell almost all types of physical goods ranging from food, books, beauty aids, toys, automobile parts,
clothing, and shoes, the total retail sales in 2013 were around $5 trillion, according to the U.S. Commerce Department. The total retail sales in 2013...
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It was first built in 1983 in Seattle, and it has now became the second largest retailer in the United States. The company operates both domestically and
internationally, and it has a total number of 687 warehouses. It has 481 stores in the United States and Puerto Rico and 206 stores in other countries
such as the United Kingdom, Mexico, Taiwan, Korea, Japan, Australia, and Spain. Unlike many other retail stores, Costco provides membership only
services. There are three types of membership, and those are Business, Gold Star, and the Executive membership. As the company shows the different
kinds of membership, Costco's target customers are small to medium businesses and large householders. Because the company is targeting those
customers, the items that are selling at Costco come in a bulk package. The company carries a wide product category ranging from groceries, television
and media, electronic devices, books, camera, beauty aids, furniture, jewelry, sporting goods, kitchen appliances, automotive supplies, office supplies
and office equipments. Furthermore, it offers travel services, food courts, pharmacies, opticians, and Photo Centers. Carrying only top quality brands
and selling numerous items at low prices, Costco's annual revenue exceeds more than $112 billion and total full–time and part–time employees are
about 200,000
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Staples Inc. Business Analysis
Staples, Inc. was founded by Thomas George Stemberg, who was a super market chain executive. Stemberg was born on January 18th, 1949 in
Newark, New Jersey and died on October 23rd, 2015 at his home in Chestnut Hill, Massachusetts. He lost his battle with cancer. Stemberg attended
Harvard University on a scholarship where he majored in physical science. After obtaining an MBA from HarvardBusiness School, he started to work
for large grocery companies. On July Fourth weekend, 1985 Stemberg was working on a proposal when his typewriter's ribbon broke. Due to the
holiday local stores were closed and he did not find the right ribbon for the typewriter. It was then when Stemberg realized "the world needed a
supermarket for office products." On an ... Show more content on Helpwriting.net ...
"The [Company's] business advantage offers a one–source solution for the products and services, customer service and an e–commerce site (The New
York Times, 2017)." " Staples constantly looks for ways to expand in other countries, provide reliable and innovative products, and fast and easy to
use services for all businesses' needs. "[The company is known for being] the world's largest office products delivery business, serving everyone from
the twenty–person office up to and including the Fortune 500 (Staples Advantage)." Staples is the second largest, eRatailer in the world after
Amazon.com with 85,000 associates all around the world. In 2012, Staples made No. 114 on the Fortune 500 list (Fortune 500,
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A Recent Change Within Staples Inc.
2. SITUATION ANALYSIS– WEAKNESSES In a recent change within Staples Inc. they have begun to shut down 140 of its 330 stores located
across North America under scoring the pressure that big box retailers feel from rival e–commerce and discount players. With the end of the plan
resulting in 225 stores being closed down as a choice of Staples trying to reduce their square footage. Due to this change within the company Staples
Inc. must take in to account what this change will do to their company's infrastructures, price, services, and its reputation. An effect from this down size
that Staples Inc. many weaknesses have arose within the company itself that should be taken into consideration before they become a major threat to
the company.... Show more content on Helpwriting.net ...
The fact that Staples has shut down some of the infrastructures has taken a direct deduction from their income. Staples reported $96 million in net
income, a figure that marks a 43.5% decline over the prior–year period and resulted in earnings of 15 cents per share. These results include tax charges
as well as expenses related to the closing of 16 stores during the quarter; excluding these one–time charges (McGrath, 2014). Even though technology
does play an enormous role in our lives, infrastructures still are important and do appeal to all generations because it is a physical building where
we can all find what we are looking for or at least have assistance in doing so. In addition, another weakness would be the pricing of the products.
Now that Staples has adapted to selling their products mostly on their online stores, many customers might have the issue of paying not only tax
but also shipping and handling as well. Paying tax is already one of the big factors of buying anything, especially in the province in Ontario since
we are known to have one of the highest tax rates in Canada. As said by Forbes Magazine Staples decreased 10% part of that reason is from foreign
exchange rates. Having shipping and handling as a new factor can cause more decrease in income annually over the years. With competitive pricing
being used as an advantage it will still not be enough to drive the company's growth (McGrath, 2014). Even
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Fedex Corporation : The Highest Ethical And Professional...
Executive Summary
FedEx Corporation will produce superior financial returns for its shareowners by providing high–value–added logistics, transportation, and related
business services through focused operating companies. Customer requirements will be met in the highest quality manner appropriate to each market
segment served. FedEx will strive to develop mutually rewarding relationships with its team members, partners, and suppliers. Safety will be the first
consideration in all operations. Corporate activities will be conducted to the highest ethical and professional standards (Mission).
FedEx History
In 1965, Yale University undergraduate Frederick W. Smith wrote an economics term paper exploring how goods were transported in the... Show more
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He already owned a few small planes and officially launched the Federal Express Corporation while still trying to land his first customer, the Federal
Reserve System. The "Fed" serves as the U.S. government 's central bank, with twelve district banks around the country. Smith told the Fed he could
transport checks and other documents between the banks overnight, greatly reducing the existing delivery time. His idea was to fly the documents to a
central airport, a hub and then fly them out to their final destinations along air routes called "spokes." The Federal Reserve deal fell through, but the
hub–and–spoke concept remained at the heart of the FedEx system (From College Term Paper to New Company).
While operating his firm, he saw firsthand how difficult it was to get packages and other airfreight delivered within one to two days. With his term
paper in mind, Smith set out to find a better way. Thus the idea for Federal Express was born: A company that has revolutionized global business
practices and that now defines speed and reliability. Smith named the company Federal Express because he believed the patriotic meaning associated
with the word "federal" suggested an interest in nationwide economic activity and thought it was memorable and would help attract public attention.
For the next year or so, Smith and his advisers studied how they could make a big impact in the air cargo transport
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Office Depot
|
[Comprehensive business Analysis: Office Depot]|
Background
Office Depot was founded in 1986 by F. Patrick Sher, Stephen Dougherty and Jack Kopkin in Boca Raton, Florida. The three envisioned a
warehouse style store that could offer office supplies at discounted prices. The first store was opened in October in Fort Lauderdale. It was
immediately successful and before the year was over, two more stores were opened in Florida. While Office Depot was one of the first companies to
tap into this new market, they were not the only ones. Rivals, Staples and Office Club, both opened their first stores within three months of Office
Depot. All had the same basic strategy: Buy products directly from manufacturers rather than wholesalers ... Show more content on Helpwriting.net ...
Office Depot operations expanded into Ireland, Italy, the Netherlands and France, through Viking into Switzerland, Spain and Portugal in 2002 and
through its Mexican joint venture partner Grupo Gigante, S.A. de C.V. into Costa Rica and Guatemala. In 2003, the acquisition of their licensee in
Hungary and Guibert S.A. in France helped the company set a solid foundation for future growth in Europe.
Neil R. Austrian took over as interim CEO in 2004 and the company restated its commitment to find ways to improve financial performance and
growth. Advertising was a big focus of 2005 and the Office Depot reintroduced its slogan "Taking Care of Business". They also announced a
multi–year agreement with NASCAR to become the sport's first ever Official Office Supply Partner. That same year Steve Odland was hired as
Chairman and CEO.
Continuing growth overseas highlighted the next years. The company's presence not only grew in Europe, but also expanded through mergers,
licensing agreements and acquisitions to many parts of Asia and even the Middle East. Today the company is still growing and is opening state of the
art stores in new untapped markets. In 2010, Neil Austrian reassumed the job of interim CEO and despite rumors of a possible buyout continues to
guide the company's expansion.
Industry Analysis
The office supplies industry is one dominated by three main players, Staples,
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Case Study Of Staples And Office Depot
The case study of federal trade commission versus staples and office depot is about how these are the two largest office supply chains in the
country. In September 1996 a proposal was developed to merge the two big companies. Since the superstores had a record of substantially cutting
the prices of office supplies to their consumers. On October 1996 staples and office depot filed notice to the federal trade commission for their
intention to merge. However the FTC looked at it as a violation of the antitrust laws. Overall staples and office depot should be able to merge, because
these are two superstores that are almost identical yet have different names. With this. If the merge there will not be a monopoly because staples and
office depot
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Pros And Cons Of Student Loan Fraud
Student Loan Fraud
In February, 2017, the United States District Court in Florida entered a final judgement in a civil trial against FastTrain College, a for–profit college
chain, for falsifying documents used to defraud the Department of Education of more than $12 million (Office of Inspector General, 2017). The owner,
Alejandro Amor, and the school falsified documents to receive federal funding through the Federal Pell Grant Program, the Federal Direct Loan
Program, the Federal Family Education Loan Program, among others which provide federal assistance to students. The school used predatory practices
to entice non–eligible prospective student to lie on their federal student loan applications to receive federal funding, most of which went directly to the
school and Amor. Two years earlier, a judge convicted Amor in a criminal trial for conspiracy to steal government funds and theft of government funds,
leading to a 97–month jail sentence. Student loan fraud makes it more difficult for eligible students to receive federal aid in getting a higher education.
Additionally, the United States government loses millions of dollars of taxpayer money to fraudulent student loan schemes and is unlikely to recover the
total amount lost.
Corporate Violence Against the Public:Water Pollution
In 2015, the Environmental Law Foundation filed a lawsuit against the Central Coast Regional Water Control Board for keeping pollution information
hidden from farmers in violation of the California
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Hornady Manufacturing Essay
Hornady Manufacturing. This company's headquarters is based in my hometown Grand Island NE. This company was founded in the 1940's by Joyce
Hornady. Shortly after WWII, Joyce teamed up with a partner, Vernon Speer and began buying equipment to remanufacturing spent shells.
Remanufacturing of spent shells is a process of taking already fired bullets and rebuilding them to be used again. The company was built from
basically nothing to become currently one of the largest companies of ammunition manufacturing and research. In 1981 Joyce Hornady died along with
two other employees. The plane they were flying crashed due to weather conditions over Louisiana. The company had lost its spirit leader, the man
who started it all. The company... Show more content on Helpwriting.net ...
Chances are good that you will find Hornady ammo in just about any sporting goods stores, or any store offering sales of ammo. The company is a
leading manufacturer of both civilian and military use ammo. The product lines stretch from building the original .30 caliber bullets to a full line
of .22 caliber all the way up to high velocity .50 caliber and up ammo. The largest ammo sales are sold to wholesalers that market and supply
ammo through channels of stores and ammo depot to the public and military. The company moto from the late Mr. Hornady founder of the
company was 10 bullets in the same whole. The pricing strategies of the company are standard and very competitive with its competition. Hornady
Manufacturing ammo in my opinion sells its self. Through social media, advertisement through its major sales companies such as Cabela's all the
way to the small ammo shop on the little back roads towns, Hornady bullets have become a name known by the world to be a trusted bullet at a
price worth paying. The company just last couple of year unveiled its latest project allowing a bullet to be equipped with a fast action video camera
that can be view from a smartphone or mobile device. This innovation allows the shooter to shoot a round through a rifle and then replay the video of
the shot to precisely and effectively sight in a rifle in a very futuristic way. The Hornady Manufacturing website has Accurate, Deadly, Dependable as a
registered
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Office Depot Business Analysis
In 1986, Patrick Sher, Stephen Doughtery, and Jack Kopkin created the leading company in Office Supplies and called it Office Depot. The
company was started in Delray Beach, Florida and opened its first store in Fort Lauderdale, Florida. Right from the beginning Office Depot began
merging with businesses, in 1990 their first merger was The Office Club, Inc. The Office Club was another office supply store that was founded in
1986 and merged with office depot towards the end of 1990. This merger also set them as the largest office supply retailer in North America with 173
stores in 27 states ("Our History", 2017). Office Depot started seeing the global future earlier than most companies, they started to operate internally in
1992 by opening... Show more content on Helpwriting.net ...
The office supply industry has a lot of potential to profit greatly. The American dream is to own your own business, and, in this market, it is much
easy to open your own business. This is due to lowering barriers of entry due to technological advances. Office Depot would greatly profit from this if
new technology such as computer with faster processors to run bigger office programs, faster printers with larger capacities of ink storage, or any other
product that could help benefit small, medium, or large businesses. This can be done through changing research and development projects and
changing strategies to focus on figuring out exactly what customers want with their technology products and how it can help their
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Staples Strategic Audit
Strategic Audit Staples, Inc. Hudson Chodos Andrew Nelson David Pearson Management 3800: Public Policy Professor Bowen 11/3/11 I. Current
Situation Looking at Staples current performance in the past year, we will look at three things: return on investments, market share, and profitability. *
Return on Investments: 9.95% * Market Share: 90% of market cap when comparing Staples, Office Depot (5.72%), Office Max (3.89%) * Profitability
– $24.5 Billion in sales; $6.7 Billion in Gross Profit Mission Staples, Inc. is the world's leading office supplies company. The firm is committed to
making it easy for customers to buy a wide range of office products and services. "[Staples'] mission is to bring easy to... Show more content on
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Staples contributes to numerous charitable foundations. Staples is a proud member of Boys and Girls Clubs of America as well as other
foundations to provide educational opportunities for all. II. Corporate Governance A. Board of Directors Staples' Board of Directors is made up of
one internal employee, Staples' current CEO Ronald Sargent, with the remaining members being external and independent directors. The board
consists of the following members as seen in the chart below under Appendix A. The Board of Directors are in charge of determining the
corporation's leadership structure on an annual basis and determine if the board will be led by an independent Chairperson or an independent Lead
Director. The board has decided that Ronald Sargent, the CEO of Staples, will remain and the Chairman of the board. The Board of Directors is
broken down into five committees made up of around three or four board members. Each committee has there own responsibilities and are in charge of
making critical decisions that they must assure is communicated properly throughout the entire company. This leadership structure assures that the
Board of Directors has a proper balance of leadership roles that allows for a system that prevents any conflict of interests that may come from having
the CEO serving on the board. With the current blend of management oversight and independence on the board, the
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Organizational Behavior Paper
University of Phoenix
MGT 331
Organizational Behavior
Gary Denny
January 15, 2006
Organizational Behavior Forces All companies experience internal and external forces that affect the nature of their business. Some of these forces can
be controlled by the company itself these are called internal forces but actions that occur outside of the company without the company being able to
control them is called external forces. These forces whether they are internal such as company restructuring or external forces, for example the
company 's competitor coming out with a better product push the company to take actions to ensure that the company will survive through them. The
internal and external forces that can affect each company range ... Show more content on Helpwriting.net ...
The ramifications of a merger are felt stronger at the upper–levels.
R.W. Armstrong
R.W. Armstrong is an engineering firm located in Indianapolis, Indiana that has grown from a small family–owned firm to a mid–size corporate
organization in only 2ВЅ years. Due to the fast and immediate growth restructuring and resource–leveling has become the two biggest internal factors
within our company. During this massive growth period, we formed an alliance with A2SO4 a minority Architectural firm in order to offer our
customers more services. R.W. Armstrong is also in the process of becoming a global company, in order to provide services to customers in the
United Arab Emirates; due to these projects they are opening two new offices in Dubai and Abu Dhabi to meetcustomer demands. The impact of
exponential growth within R.W Armstrong has created stress among the organization and has created new management policies and a great deal of
diversity with the organization.
Since R.W. Armstrong is a civil engineering firm, it is also affected heavily by political changes within the states that they work in. A change from a
Republican Party to Democratic Party could mean projects getting cancelled due to one politician 's view of importance over another 's. Since it is
political, a great many of the projects proposed by R.W. Armstrong depend on the states economy another external factor that is hard to manage.
United Healthcare
At
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Staples And Office Depot Inc.
Staples and Office Depot Inc. are both office supply chains. Today both companies are doing great considering where they came from and their
competitive market. It is safe to say Staples has more than 2000 stores while Office Depot has above 1600 stores throughout the world. According to
the case they were both originated in 1986 and while being founded early on over the next decade they and additional office supply chains have
contended belligerently in order to provide a suitable, unfailing and inexpensive supply of office materials to smaller industries or businesses along
with other persons who have home offices. Staples and Office Depot have been extremely victorious in the field of office supplies. They have kicked
out hundreds and thousands of individual privately owned businesses out of selling and abolished even few competitors in the office supply market by
getting hold of their business or economic failure of their business. By 1996 they had only one existing contestant which even till today I remember
and that is OfficeMax. Office Depot has been very insistent, in addition, Staples and OfficeMax are to participate more assertively as well. The office
supply prices for staples are the cheapest in the cities that all three of the nationwide office supply chains staples, office depot, and office max compete.
Prices reach higher in the markets that only the additional competitor is OfficeMax. Office Depot incriminates drastically with increased prices that
comes
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Essay on Mortgage Crisis on Money Supply
Impact of the Mortgage Crisis on Money Supply in the US
AMESIA HARRIS
FINANCE 364
PROFESSOR CROSS
Impact of the Mortgage Crisis on Money Supply in the US This paper presents the effects of expansionary monetary policy to macro economic
variables in the economy. The United States of America recorded a mortgage crisis since 2007. The financial sector issued out massive amounts of
money to individuals to acquire homes. This was in line with government campaigns for equitable housing of US citizens in the United States. This led
to an increase in loans offered to citizens to purchase homes, leading to an expansionary monetary policy. Though this strategy brought equity in home
ownership, it also brought financial imbalance in the ... Show more content on Helpwriting.net ...
Inflation went up to 4% in 2007 and over 5% in 2008. However, the country tightened its monetary policy in 2009 leading to a reduction in inflation
though minimal (U.S Government, 2011). This has also led to exportation of inflation and economic decline to other countries. Many countries rely on
the United States' economy for financial donations and aid as well as markets for their goods and services. The decline in economic performance in
United States and the subsequent decline in its purchasing power reduced the level of donations and loans to other countries. Markets for foreign goods
in the United States equally declined.
Foreign Exchange Rate and Money Supply With the mortgage crisis recorded in the United States, the country's currency declined in value in respect
to other world currencies. Increase in money supply led to an increase in the volume of money in circulation in the United States. This led to a rise in
prices of goods. Because of this, the value of the dollar declined in the international money markets. The decline in value of the dollar led to imports
becoming very expensive. This further reduced the country's production capability, leading to a further economic decline. A devalued currency makes a
country's exports cheaper than those of other countries. This has the potential of boosting the level of exports in countries with devalued currency thus
reducing their balance of
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Fedex Company Profile
I.Company Profile
FedEx Corporation (FedEx), incorporated on October 2, 1997, provides a portfolio of transportation, e–commerce and business services through
companies that compete collectively, operate independently and manage collaboratively, under the respected FedEx brand. These companies are
included in four business segments: FedEx Express, Federal Express Corporation (FedEx Express), is an express transportation company, offering
time–certain delivery within 1 to 3 business days and serving markets that comprise more than 90% of the world's gross domestic product; FedEx
Ground, FedEx Ground Package System, Inc. (FedEx Ground), is a provider of small–package ground delivery service; FedEx Freight, FedEx Freight
Corporation, is a ... Show more content on Helpwriting.net ...
Service is also provided to nearly 100% of the Canadian population. In addition, FedEx Ground offers service to Puerto Rico, Alaska and Hawaii
through a ground and air network operation coordinated with other transportation providers, primarily, FedEx Express. FedEx SmartPost (a subsidiary
of FedEx Ground) is a small–parcel consolidator, which specializes in the consolidation and delivery of high volumes of low–weight, less
time–sensitive business–to–consumer packages, using the United States Postal Service for final delivery to residences. The Company picks up
shipments from customers (including e–tailers and catalog companies), provides sorting and linehaul services and then delivers the packages to a
United States Postal Service facility for final delivery by a postal carrier. Through its network of 20 distribution hubs, FedEx SmartPost provides
delivery Monday through Saturday to all residential addresses in the United States, including P.O. Boxes and military destinations.
FedEx Ground operates a multiple hub–and–spoke sorting and distribution system consisting of approximately 520 facilities, including 30 hubs, in the
United States and Canada. FedEx Ground conducts its operations primarily with approximately 22,000 owner–operated vehicles and 29,500
Company–owned trailers. To provide FedEx Home Delivery service, FedEx Ground leverages its existing pickup operation and hub and linehaul
network. FedEx Home Delivery's operations are co–located
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The Business Level Strategy Of Staples
Staples, the world's number one office supply chain, and Office Depot, the world's number two office supply chain, compete with one another in the
big–box retail industry. The companies' "Strategic Group" is office supply retailers. Individual consumers and small to medium sized businesses are the
target customer segments of Staples and Office Depot. The two companies offer printing and copying services, computer hardware and software, school
supplies, and general office supplies. The business–level strategy of Staples is one of differentiation. Staples will target mid–market business customers
which the company defines as those business customers with 10 to 200 employees. It will do this by offering a deep assortment of products ... Show
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This program saw 400 stores close and lead to over $100 million in benefits. The company will also close over 300 stores in the next few years,
further helping to alleviate unnecessary costs. Since both Office Depot and Staples offer mainly the same types of products, the companies must be
able to differentiate themselves from one another.
When it comes to the impact of the Five Forces of Competition and its effect on the performance of Staples and Office Depot, there does not appear to
be a strong threat of new entrants in the big–box retail office supply segment of the industry. It seems unlikely that anyone will want to open a new
office supply store. While there is a level of service differentiation between the two companies, there is little product differentiation between the two.
Likewise, there would be little product differentiation from a new competitor. The threat of substitutes comes into play between Staples and Office
Depot in that both companies offer basically the same products. If the customer can't get what he wants at one store, he can go to the other. Likewise, if
the customer becomes disenfranchised with one company for whatever reason, he can easily go to the other company. There doesn't seem to be much
bargaining power of customers or suppliers. There does seems to be a strong industry rivalry which, as with most industries, is the major determinant of
the competitiveness of the industry. The most threatening competition for
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Essay about Staples, Inc. Swot
SWOT ANALYSIS– STAPLES SWOT Analysis– Staples Staples, Inc. became incorporated in 1985 by founders Thomas G. Stemberg and Leo Kahn.
25 years later, Staples, Inc. is the world's largest office products company. The company primarily operates in the United States but also has locations in
26 countries throughout North and South America, Europe, Asia and Australia serving businesses of all sizes and consumers. Their mission statement
is, "We're committed to making it easy for our customers around the globe to buy a wide range of office products, supplies, technology, furniture, and
business services, including computer repair and copying and printing, to help our customers run their offices efficiently" (Staples Inc., 2010). The...
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received the award in 1997 and Office Depot, Inc. in 1998, Staples, Inc. clearly has a competence advantage among its competitors. Therefore, the
company's customer service is another distinctive competence. Weaknesses A major weakness for Staples, Inc. is their high dependence on the North
American Market. Since the North American Market has weakened due to the regression the company's dependence could prove to be rather damaging.
"For the fiscal quarter ended Aug. 2, 2008, the Framingham, Mass., office–supplies retailer said sales grew about 3% from a year ago while its earnings
per share decreased about 15%" (Hinton, 2008). Staples, Inc. has been involved in many legal issues which is another weakness. Most recently
Staples, Inc. reached a settlement in wage and hour class action lawsuits. Staples, Inc. announced that it has reached a global settlement in several
retail wage and hour class action lawsuits related to the alleged misclassification of its assistant store managers concerning overtime pay. According to
a former assistant manager, who worked with the company from December 2003 to October 2005, the Assistant Managers were working 50 hour
work weeks, with 1 hour lunch breaks (Steward, 2010). This amounted to 5 overtime hours per week that they weren't getting paid for. "Under the
terms of the global settlement, which is subject to court approval, the Company has agreed to pay $42 million to resolve the allegations and avoid
further
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Travel Agency Supply Chain Essay
Supply Chain in the Travel Industry The travel industry is an industry that is in constant change. It is the type of industry that must change with the
times, including how it conducts business, how it sells its products and services, and how each link of their supply chain works and connects with the
rest of the chain. While each brick and mortar location and travel website are similar to their counter parts, each one has a varying supply chain they
use in order to get their product and services to the customer. We will take a look at how a brick and mortartravel agency uses its supply chain, and how
changing to a website location can and will affect their supply chain.
Supply Chains Let's begin by understanding what exactly a ... Show more content on Helpwriting.net ...
Their offices would include customer service agents, also known as travel agents, at desks and computers ready to punch in when, where, and what
you wanted to do on a trip. Their offices would be filled with posters of exotic locations and pamphlets full of information and ideas to make your
vacation perfect. In order to provide this service to the customer, the agency would begin by making deals business to business with the airlines,
hotels, cruise lines and car rental agencies. Their supply chain would begin with those businesses by making deals that they would use their products
when arranging plans for their customers. Their supplies would include contractual agreements, as well as informational brochures. For instance, a
travel agency would make a deal with certain hotels to try and use them when reserving rooms for their customers. The hotel would then give the
travel agency a commission off the room as payment. Business to business links would also come in the form of finding locations to rent for their
offices, as well as places to purchase their office furniture and computer systems. There would be the need for travel agents for serving the customers,
as well as advertising and distribution of information to potential customers. Hotels, airlines, car rentals, cruise ships, and cities visitor bureau would all
make deals with the agencies in order to have their information posted within the agencies
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Office Depot Merger
According to BBC news, in February 2015, Staples offered to buy Office Depot for US$ 6.3 billion (2015). Staples is a large United States based
office supply chain store headquartered in Framingham, Massachusetts, United States and Office Depot is an office supply retailing company,
headquartered in Boca Raton, Florida, United States. If the transaction is dealt, Office Depot shareholders will receive, for each Office Depot share,
$7.25 in cash and 0.2188 of a share in Staples stock at closing (Lange, C., 2015). Staples tend to buy rival, Office Depot to fend off competition
Internet retailers such as Amazon. If the $6.3 billion merger is approved, it will be closer towards creating a single giant office supply superstore in the
nation. This... Show more content on Helpwriting.net ...
IAS 7: Statement of Cash Flow – Cash flow must be analysed between operating, investing and financing activities. A consolidated cash flow statement
of Staples and Office Depot can be done by using direct method which shows each major class of cash receipts and payments. Lastly, IFRS 3: Business
Combination outlines the accounting principles when Staples obtain control of a business. Staples should categorize and define assets acquired and
liabilities assumed on the basis of the contractual terms, operating and accounting policies, economic conditions and other pertinent conditions as at the
date of
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The Market Conditions And Competitive Environment That A...
Introduction
Understanding the market conditions and competitive environment that a company operates is an imperative for its success. Notably, the market
conditions and competitive dynamics in an industry have a direct impact on the operations and strategies of a company and consequently its ability to
achieve its business and corporate objectives. Keurig Green Mountain is a speciality coffee company in the United States Food and Beverage
Appliance manufacturing industry; it was founded in the year 1981. Keurig a market leader in coffee blends and portions market in the United States
is also ranked among the 50 best manufacturers in the country by the IndustryWeek. Keurig product line comprises of diverse beverages including
coffees, teas, hot cocoa, other beverages and, products such as appliances, portion packs, ground coffee and coffee beans. The company's has grown
tremendously since its inception into the industry and this is attributable to its highly diversified product line; it has more than 400 types of coffee
blends and technological innovations. This research paper presents an analysis of the market conditions of Keurig coffees.
Keurig Market, Competitors and Customers Analysis
Market
The market for Keurig coffees is highly diversified. It comprises of four key groups including: grocery stores, retailers, wholesalers and Green
Mountain Coffee Roasters. Retailers that offer Keurig Coffees include Starbucks, Dunkin Donuts, Snapple, Tazo, Corobou Coffee and
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Costco Research
MARKET DEFINITION – This is the Mission and business definition that clearly defines the competitive arena.
Market Definition section should include following for Costco: * Market Size (potential market size) * Product & Services * Customers * Broad
Price Range * Competitive landscape
Costco Wholesale Corporation is the seventh largest retailer in the world. As of July 2012[update] it was the fifth largest retailer in the United States,
and the largest membership warehouse club chain in the United States. Costco and its subsidiaries (Costco or the Company) are principally engaged in
the operation of membership warehouses in the United States, Canada, the United Kingdom, Japan, Australia, through ... Show more content on
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While Costco welcomes members to bring up to two guests, only the members may pay for items. American Express is the only accepted credit card
(in the United States, Canada, and Japan) because they charge Costco very low interchange fees (a percentage of revenue from total sales made).
Costco have two primary types of members: Business and Gold Star (individual). Costco's membership fees at Costco are $55 per year for a Gold
Star (individual) or Business membership (older memberships are grandfathered in at $50 per year), which can be upgraded to Executive
membership for an additional $55 per year. Along with the additional benefits the executive membership offers (e.g. car purchasing savings, home
loans, car insurance, check printing services) Executive members also receive an annual "2% Rewards Check" of up to $750.00 from Costco on all
purchases made, excluding select items such as gasoline, tobacco, stamps and in some states, alcohol.
Marketing Communication & Promotional Actives
Costco generally limit marketing and promotional activities to new warehouse openings, occasional direct mail to prospective new members, and
regular direct marketing programs (such as The Costco Connection, a magazine published to members, coupon mailers, weekly email blasts from
costco.com, and handouts) to existing members promoting selected merchandise. These practices result in lower marketing expenses as compared to
typical retailers.
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Impact Of Trade Compliance On The World Of Economics
1. Introduction In the world of Economics, the important word come to mind of people is Trade. Trading has been done from the time when
human begin start to use tools that is circa 150,000 years ago(Watson 2005). Since then we have come a large leap from trading small stone tools
to sophisticated machineries and advance software today. This report revolves about the specific topic of Trade Compliance which is relatively
new to the pitch compared to the age of trade. The term Trade Compliance means that the trade done in with compliance to law of the countries in
which the parties perform the trade. When did all the regulation start on the trade it dates to the time when the humans started to sail and import the
goods of value to their own nation and government start to put taxes on the goods which are of high value this kind of regulation or the compliance
is called the tariffing of trade. This further developed when the world is further connected and all the nation wants to do eat their share of pie in the
world economics and thus bought the introduction of the Harmonized Tariff System back in 1988(Aoki Sibylle Bauer Quentin Michel Filippo Sevini
Ian Stewart Webmaster FrГ©dГ©ric Wilhelmy and Viski Publisher 2015). This system is internationally accepted by 200 countries. European Union
follow a complex Trade compliance program and is regarded as the best in world (Stewart and Bauer 2015,46). The Harmonized Tariff System is
scratched the surface of the Trade Compliance due to
... Get more on HelpWriting.net ...
Herman Millar Inc.
Question: How strong are the competitive forces in the furniture manufacturing industry? Do a five–forces analysis to support your answer. Answer:
Although Herman Miller company is one of the largest office furniture manufacturers in the world, it competes with several manufacturers that have
greater resources and sales as well as many smaller companies. In the United States, the company 's most significant competitors are Haworth, HNI
Corporation, Kimball International, Knoll, and Steelcase. Five forces analysis Intensity of rivalry The office furniture manufacturing industry market
in the United States is very competitive since many companies offering similar products. Companies compete primarily on price, product and service...
Show more content on Helpwriting.net ...
During the five years to 2011, the prices of these inputs have been volatile, making it difficult for manufacturers to anticipate future spending and
reduce costs. In general, rising commodity prices have negatively affected the industry, increasing purchase costs for manufacturers. Bargaining power
of buyers According to the research of IBIS World, department store sales depend heavily on the financial health of the consumer sector, including per
capita disposable income. During periods of economic recession and decreasing income of people, consumers cut their spending by delaying purchases
or substituting brands' products with lower level products. This is heavily influenced by the unemployment rate and general economic growth. In the
periods of strong economic activity people's disposable income increase, and vice versa. Threat of substitutes Furniture has been used for thousands of
years and built mostly of wood. There is little evidence indicating that wood furniture will be totally replaced by some other material in the foreseeable
future. In the industry of furniture manufacture probability of substitutes is almost impossible. Current global trends have a favorable influence on
increase in demand for furniture, due to ever faster obsolescence and shorter furniture lifetime, i.e. due to frequent changes in design and manufacture
technology. Possible threat of trend changes exists, i.e. furniture made from other materials than wood, that is,
... Get more on HelpWriting.net ...

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Analysis Of Staples Inc.

  • 1. Analysis Of Staples Inc. The external environment or external audit are the factors outside the company that affect the company's ability to function. (Writer, L. G. 2011) It is made up of three components. The first being the general environment. Legal, political, social, technology, environmental, and economic factors are all included in the general environment. The second component is the industry environment. The Porter's Five Forces is the key factor in this environment. As well as using the Five Forces to determine whether an industry is attractive or not. The final component is the competitor environment. This environment discusses the competitors and includes a Competitive Profile Matrix. This matrix compares the rivals of Staples, Inc. Each of these environments ... Show more content on Helpwriting.net ... This segment focuses on several key components. The essential factors in environmental implications include the location of the organization, energy consumption, pollution levels, and recycling. It is also important for companies to keep in mind any natural disasters that can occur. Staples takes their environmental impact seriously and has a specific section on their website that highlights some of their greatest environmental accomplishments. Top accomplishments include more than $5.2 billion in product sales with environmental features, 527 Energy Star qualified facilities in the United States, and the company has recycled more than 120 million pounds of waste since 2010 (Staples, 2017). Considering Staples is already proactive in environmental concerns, it protects the company from further environmental regulations from the government, which could potentially alter their ... Get more on HelpWriting.net ...
  • 2. Staples Case Table of Content Page(s) Executive Summary............................................................................................ Background в—Џ в—Џ Development and Growth....................................................................... Current Information................................................................................. 2 4 7 11 15 17 19 24 30 31 SWOT Analysis.................................................................................................... PEST Analysis..................................................................................................... Corporate Level Strategy.................................................................................... Business Level ... Show more content on Helpwriting.net ... Walgreen Co. Xerox Corporation 3 a) BACKGROUND Staples began operations in May 1986 when Tom Stemberg, a Harvard Business School MBA graduate and pronounced retailer pioneered the first Staples office supply superstore in Brighton, Massachusetts. Tom Stemberg who was early rooted in retail after leaving school to his first job on the store floor of Jewel Corporation, bagging groceries, stocking the aisle and maximizing sales later to become the youngest vice president of the company at age 28. He was known for his aggressive marketing tactics which he used to successfully develop and launch the first line of generic foods sold in the US, After leaving Jewel Corporation Stemberg embarked on a similar adventure to run the grocery division of another retailer, he was later fired. Leo Khan a former rival in the retail industry approached Stemberg with
  • 3. and the idea of a new business venture and offered to back the venture with $500,000, Stemberg review options but none seemed viable at the time. The idea of Staples was born out of Stemberg interview for a top position at a Dutch–based warehouse club named Makro, Stemberg was astonished by the rate at which office supplies were being sold at the time at the company and contemplated whether or not a superstore for this merchandise would be worthwhile, pondering the idea he commenced an informal market research by garnering information from colleagues to which the responses where satisfactory. The idea was further ... Get more on HelpWriting.net ...
  • 4. Merger Between Staples And Office Depot Proposed Merger between Staples and Office Depot Leads to Concerns of Higher Prices The effect and impact of corporate mergers of companies can be a significant change for the company's prosperity and growth as well as the consumer's point of view also. Though few of the mergers and acquisitions might be helpful for the company and be profitable as well there are always few risks and failures that come with the process. According to a study the company has only 50% chance of success when it comes to merger and acquisition. But still very big companies do the merger because they can become bigger by combing with their competitors and end their competition. But sometimes these mergers are expected to create a monopoly in the sector because they will dominate the whole sector and cause a biased decision for the customers. This case talks about the merger between two of the biggest office supplies companies Staples and Office Depot. Through this case we will discuss on the merger between the two big companies created a tension of monopoly and whether or not it will be profitable for both sides of the merger. This "Mega–Merger" created a sense of stress in the Federal Trade Commission (FTC) also forcing it to file a case against both the parties for creating a monopoly in the business. If we look at this case in the view of a Firm Manager we can clearly identify the rights and the wrong in the case and effectively point of out how it is going to be a failure of success by ... Get more on HelpWriting.net ...
  • 5. Best Buy Co. Inc Best Buy Co, Inc. December 2, 2011 McCombs School of Business The University of Texas at Austin Overview Best Buy operates as one of the largest electronic consumer outlets in the United States. While Best Buy is internationally known for selling a large variety of electronics, it also sells home office products, appliances, and entertainment products. Best Buy chains are located predominantly in the United States, Canada, Europe, and China. Since Best Buy's success is strongly dependable on the consumer, its main goal is to do whatever it can, within reason, in order to make its customers fully satisfied. Its vision is centered around the "People, technology, and the pursuit of happiness." As a corporation, its four main... Show more content on Helpwriting.net ... With a market capitalization of over $10 billion, Best Buy is the dominant player in this industry. Competition in this industry is high primarily because there is little to no switching costs if a buyer chooses to shop somewhere else. Likewise, products are not set apart: buyers can get comparable products at almost all of the different electronic stores. As a result, companies like Best Buy have to compete on prices and non–tangibles, such as customer service and friendliness. The threat of potential new entrants into the consumer electronics retail industry is relatively low. Best Buy has forged a reputation for selling mid– to high–end product and excellent customer service. It would be difficult for an entrant to challenge the company. Furthermore, it would be difficult to undercut incumbent firms who have already established relationships with suppliers to purchase merchandize at the lowest prices. The substitute products, that may take a portion of the market share away from the consumer electronics retail industry, do not create a huge or direct hazard. Today's society and culture place a big emphasis on technology and it is highly reliant on electronics. The bargaining power of buyers
  • 6. for electronic products is extremely low because the buyers primarily consist of a weak and divided group of individuals, and technology has became a vital need for most people. The suppliers for companies in the market have ... Get more on HelpWriting.net ...
  • 7. Antitrust And The American Consumer Antitrust and the American Consumer Kent L. Himes College of Western Idaho Abstract The predominant view in the United States is that The Sherman Antitrust Act of 1890 was passed with the intent to protect consumers from inefficient market forms, and predation by large corporations. The specific provisions of the Sherman Act, as well as the later Clayton Act of 1914, prohibit acts that are considered to be anti competitive such as cartels, monopolies, price discrimination, and predatory pricing. Mergers and acquisitions are also individually reviewed to ensure they won 't have an anti competitive effect on the market. We will look at each of these acts to try to determine their actual impact to the consumer. We will also... Show more content on Helpwriting.net ... (DOJ 1997) Note that price fixing doesn 't necessarily need to result in increased prices. Price fixing scenarios require two main ingredients to be effective for the companies that attempt them. First, the demand curve for the product or service in question must be sufficiently inelastic such that a decrease in production will raise the price enough to ensure a higher profit level. The second requirement for price fixing is that participating companies must combine for an effective monopoly of the market in question. If two relatively minor companies decide to raise their prices together, this will only result in the rest of the market taking additional share, and the conspirators losing money. In a free market economy, price fixing agreements face two large challenges to their effectiveness. The first is that while the companies participating in a price fixing agreement will benefit as a whole from adhering to the agreement, each individual company has a very strong incentive to cheat on the agreement and charge a market rate. Lowering prices allows the company to pick up additional market share from their competitors and increase profits for themselves above what they would be entitled to under the agreement. The second difficulty arises from the fact that without very high barriers to market entry, the higher prices being charged ... Get more on HelpWriting.net ...
  • 8. The Impact Of World War II On The United States World War II had a considerable influence on the United States. It is agreed by many historians that WWII was as surely won on the American homefront as it was on the actual battlefield. In 1939, compared to that of its enemies, American preparation for war was by far lacking. After just four year, The United States became a "military superpower." According to a comparative study by Richard Overy, about two–thirds of all Allied military equipment produced during the war was provided by American industry. Companies that would normally produce everyday vehicles (such as automobiles) began to manufacture tanks and aircrafts. Although no battles were fought on the mainland, the war still heavily affected all ways of American life. It heavily affected political, economica, and corporate industry. One of the many industries that were radically changed by World War II was the film industry. This change altered the content and style of films that were produced in Hollywood. A long period of decline was seen after experiencing boom years from 1939 to 1946. Within several years, attendance and box receipts fell. This was partly caused by reasons that were external to the industry. Veterans returning from the war got married, started families, attended college ( Due to the GI Bill), and bought homes in suburban areas. A toll was taken on box office receipts due to these activities. It was preferable for families that had children to listen to the radio rather than going to the ... Get more on HelpWriting.net ...
  • 9. Essay on The Ofiice Superstore Case Study 1)How would you classify the office superstore industry? Who are the competitors? What are the characteristics of this industry that lead to this conclusion? Today's office superstore industry in the United States provides a convenient one–stop shopping experience for small businesses and individuals with home offices. The main competitors in the industry are Office Depot, Staples, and Office Max. All of them offer a variety ofoffice supplies, as well as computers, office furniture and other business related items. Office Depot is the largest office superstore chain in the United States. Office Depot is first in total number of stores, first in average sales per store, first in average weekly store sales, first in total delivery sales ... Show more content on Helpwriting.net ... The only competition the merged firm would face in some areas is OfficeMax. Even though many other retailers sell office supplies, none of them offer the same variety and one–stop shopping convenience as office superstores do. The situation is unlikely to change over time due to high barriers of entry into the market, which will give the merged firm an opportunity to raise its prices annually and still keep customers coming back. 4)What is the relevant market for this case? Should retailers that sell, but do not specialize in office products, be considered as part of the market? What evidence supports this conclusion? What are geographic considerations? A relevant market is defined as a market where "sellers, if unified by a hypothetical cartel or merger, could raise prices significantly above the competitive level". The main focus here is not whether other office retailers have anything in common with office superstores, but whether a sufficient number of customers will continue buying from them despite of significant price increases. The relevant market in the case includes only Office Depot, Staples, and Office Max in some areas. The proposed merger will most likely create a monopoly and significantly reduce competition. The evidence shows that even if the new monopolist raises the prices by more than 5%, the majority of customers will not consider such retailers as Wal–Mart, BestBuy, Target, Kmart as substitutes for ... Get more on HelpWriting.net ...
  • 10. Office Depot Potter Analysis Porter's analysis: 2. The second factor is rivalry among existing firms. * Office Depot's major competitors include: IKON Office Solutions, Staples, United Stationers, OfficeMax, and Wal–Mart Stores. The competition among these firms is highly intense. Another competitor is Fedex Kinko's (14% of the market segment) * Staples, Office Depot and OfficeMax) comprise about 11% of the market combined. * print and ship services are approximately 17%, ranking it as one of Office Depot's most profitable offerings * Office Depot, Staples and Officemax are the market leaders in the office supply industry. However they only account for 10% of the market. The rest is divided widely between supermarkets, wholesale retailers,... Show more content on Helpwriting.net ... * there are a number of substitutes available to consumers. Discount furniture outlets such as Ikea offer desks and chairs for the home office. For businesses, companies like Steelcase can furnish entire buildings all under one contract, whereas an office supply outlet cannot. Major corporations often enter into purchasing agreements with the computer manufacturers themselves to order in bulk. Retail outlets such as Best Buy offer the same technology as the office suppliers, often at a very competitive price. Finally, Wal–Mart is a major... * Suppliers range from multinational high–office providers to local stationeries. * Suppliers are numerous, and low differentiation, along with some backwards integration by players who sell their own branded goods, weakens supplier power. Rivarly among firms: * Players range in size and product diversity; they include high–volume office supply providers (e.g. Staples), warehouse clubs (e.g. Costco), copy and print businesses (e.g. FedEx Office), online retailers (e.g. Amazon.com), ink cartridge specialty stores, discount retailers, as well as several local and regional contract stationers. The large number of players, along with low–cost switching for buyers, low product differentiation, easy expansion by utilizing the internet, and poor market growth in recent years, intensifies rivalry amongst incumbents. This ... Get more on HelpWriting.net ...
  • 11. To What Extent Was the U.S.'s Involvement in the War... To what extent was the U.S's involvement in the war between Japan and China which caused Japan to attack Pearl Harbor? A: Plan of Investigation The purpose of this investigation is to analyze the extent to which the US's economic sanction and trade embargo on Japan was responsible for the cause of Pearl Harbor which occurred in December 7, 1941. The analysis will inspect U.S's role in the cause of Pearl Harbor as well as look at other reasons that contributed a role to the cause of Pearl Harbor. It will observe the effect of the Pearl Harbor on the U.S, as well as how it affected Japanese Americans. This investigation will include an evaluation of the origin, purpose, value, and limitation of two documents used for ... Show more content on Helpwriting.net ... Roosevelt was to restrict military supplies flowing into Japan This reaction caused Japan to ease off their aggression on China Final Moves of United States (1940) Overall increase of aid to China Move towards a complete embargo on all useful military items being collected by Japan Japan reacted by creating "Greater East Asia Co–Prosperity Sphere" which allowed Japan to depend less on Western war supplies. (Office of the historian) (4) United States doubted that Japan would have enough military strength to attack US territory. US was left stunned at the fact that Japan initiated their attack on Pearl Harbor This ended with the United States declaring war on Japan and soon entered a military alliance with China. (Office of the historian) (7) C: Evaluation of Sources 1.Malcom, Darien S. "Firstworldwar.com." First World War.com. http://www.firstworldwar.com/source/21demands.htm (Accessed March 19 2014) This primary source was written by Malcom Darien S. who is a historian that runs the website World war one which gathers documents throughout the years of the First World War and places them all into a single webpage for the maximum amount of information could be obtained easily and simply. Malcom went through the experience of the world war on second hand from stories of World War one from his grandfather which motivated him to create this webpage to ensure that the
  • 12. ... Get more on HelpWriting.net ...
  • 13. Marketing Analysis : Staples, Inc. Positioning Positioning is where a firm fits in the minds of their target markets. It is also where a firm stands against their competitors and what sets the firm apart from their competitors. Staples, Inc. is one of the top competitors in the office supply industry, with competitors such asOffice Depot and Wal–Mart. The company has positioned itself to be a more convenient solution to office supplies shopping for consumers with the Easy Button. The easy button accentuates the ease of purchasing for office supplies at Staples at the click of the button. To ensure their consumers received an experience that was stress free, Staples equipped their employees with the knowledge on products and services to be helpful towards the consumers and provide a hassle free shopping experience. Staples have also positioned the company to be the office supply retailer for the corporate industry and to do so Staples removed unneeded products such as cartoon character backpacks. Staples provide their consumers everyday office supply products such as ink and toner, packing and shipping supplies, and coffee and snacks. The technology Staples offer is laptops and computers, printers and scanners, computer software, and so on. Staples also offer to their consumers design services, tech support services, textbook rentals, and shipping services. Consumer Attitudes According to the Better Business Bureau, Staples has one positive review, 3 neutral reviews, and 112 negative reviews. The positive ... Get more on HelpWriting.net ...
  • 14. Eco 365 Final Final Exam University of Phoenix ECO/365 Question One What is the most important determinant of price elasticity of demand? Why is this so? Price elasticity that relates to demand is determined by many factors. Price elasticity is measured by the change in price and the response from consumer demand. The demand of a good or service will vary the price in the item. The most important factor to determine the price elasticity of demand is necessity. If a good is a necessity, the demand will seldom change and the price is able to be adjusted. The demand is the most important due to the freedom it provides for price adjustment and inventory control. With necessity comes an inelastic price. Other factors such as the... Show more content on Helpwriting.net ... If the slandering works the candidate will win the Senate seat by lowering their competitors credibility. Question Four Choose one of the three types of market failure and give a real world example of it. Do you believe the government has the ability to solve this problem? Public goods are one of the main types of market failures that the government often has the ability to solve. Public goods such as medical, education, and employments can be seen as market failures. An example of a public good would the post office. The government controls the majority of shipping and package delivery but also the ability to solve the problem of lost budgets annually and the increasing rates of shipping. The post office is a necessity and is failing based on the lost revenue every year. The post office is also losing its labor supply based on the loss income and profit. The government can allow for the post office to become publicly run where a profit can be made and allow for an oligopoly to keep prices low with removed competition. The government has the option of stepping out of the market and allowing it to grow within a free market system. Question Five Define the concept of comparative advantage. How can a country gain or lose its comparative advantage in the production of a good? Comparative advantage is the concept that production can be conducted with lower opportunity cost than a competitor. The lower cost of ... Get more on HelpWriting.net ...
  • 15. In This Paper, I Will Be Discussing Ford Motor Company In this paper, I will be discussing Ford Motor Company and the role it plays in the global economy. Like the United States economy, the Global Economy is important as well as it links the economies of individual countries to each other and changes in a single can have ripple effects on others. Ford Motor Company Ford Motor Company operates in two sectors: automotive and financial services. Ford Motor Company is one of the largest automotive manufacturers in the world, employing about 166,000 employee globally. The company's automotive vehicle brands include Ford and Lincoln. The automotive section of the company assembles and distributes automobiles across six continents. Ford operates, primarily in North America, Europe, and Asia. Ford... Show more content on Helpwriting.net ... Ultimately, the government decided to help GM and Chrysler. Nevertheless, Ford was able to make a case for its business model known formally as "One Ford –– One Team One Plan One Goal." Ford has present in the global economy before with several production facilities located around the world, but they realized they needed a strategic business plan to get through the automobile industry crisis. Ford's management announced the business plan in June 2008. The Ford plan identified that the company needed to streamline its operation by unifying its global business. Ford stated that "six European small vehicles [would be] coming to North America from global B–car and C–car platforms." B–car models are subcompacts and C–car models are compacts. According to Matthew Keegan (2016) in 2009, Ford began to import its compact Transit Connect van from Turkey. In 2010, the automaker introduced the Ford Fiesta to the market, a subcompact model. In 2011, Ford replaced the North American version of the Ford Focus with a European–derived model, where previously Ford had designed completely separate models for both market. Consequently, the differences were costly to Ford and forced the company to seek federal help, a petition the government denied (Keegan, 2016). Global Supply Chain Ford Motor Company has one of the most complex supply chain in the industry. Ford has achieved several of their goals by fostering long–term relationships with their suppliers through active ... Get more on HelpWriting.net ...
  • 16. Staples Market Structure Staples Market Structure ECO/365 August 1, 2012 Moises Rodriguez Abstract "Market structure refers to the physical characteristics of the market within which firms interact." Currently the office supply market is saturated and the competition is tight. The leading contenders for this type of market are Staples and Office Depot, but there are many choices available to consumers looking to get the most value for office supplies. It is ironic that both Staples and Office Depot opened for business in 1986. These companies fall under a monopolistic competition structure. Staples and Office Depot maintain a high marketing presence and are recognized in the office supply industry. But because of the fierceness of the ... Show more content on Helpwriting.net ... This company has worked hard to create a positive image and it will more than likely be around to meet the needs of Fort Bliss, SBA and GSA business contracts. Market Structure Choice Staples, Office Depot, Office Max, Reliable, Medical Arts Press, Quill, and Pencil Cup are all office supply vendors and the difference between all these vendors are minuscule. Staples and Office Depot each manufacture their own private label. Each vendor then provides the customer with a substitute to purchase against a name brand item. For example, sticky notes are a popular office item and for the longest time the market was held by Post It Notes. The times are changing and many items are being cloned by these big vendors and the pricing comparison against the name brand result in cost savings with the use of the private label items. Both Staples and Office Depot are in an elastic relationship with their customers. With the availability of substitutes and price savings, ultimately the factor separating Staples and Office Depot is price. These businesses fall under monopolistic competition and the activity is watched closely by each other. Competitive Strategies Staples has the buying power to provide the lowest pricing to its valued customers. Staples meets with potential clients and works with them to provide cost savings over the current vendor. Usually, the competition is Office Depot. In preparing an ... Get more on HelpWriting.net ...
  • 17. Small Businesses In The 1800s Starting in 1776, the United States was born a nation, which was run only by small businesses. Small businesses were made up of one to about fifty people and production was slow due to a lack of technology and capital. All small businesses were done by hand labor, which could take weeks to produce a product for the consumers. Many small businesses only had one specialty that they were focusing on producing because of such slow production and not enough money to produce several different products. Most small businesses were low supply with a high demand that raised prices high so only higher–class people could afford their goods. This created a demand for bigger business expansions so that more products could be produced faster and cheaper. ... Show more content on Helpwriting.net ... After the civil war in the mid 1800's demand for products increased and the only way to fill the high demands were to create big businesses, which created more jobs and allowing companies to produce more products at a lower price. Businesses grew because of high demand so companies were able to get better technology to put out goods faster and they had the capital to do so because of consumers were willing paying for what they want. The U.S. started out by running on small businesses but later grew on big businesses with higher supply to fill all consumers high demands making profits like never before. In the early 1800's small businesses were a big part of the United States history. Businesses were small because they served a small market of people, with many small businesses owed by several different companies producing products in many areas. All small businesses were run by hand labor with the lack of technology and no machines at the time. There were several major types of small businesses throughout the 1800's including; farming, blacksmith, railroad, and ... Get more on HelpWriting.net ...
  • 18. Inadequate Training Of Employees As Well Has Had An... Inadequate training of employees as well has had an enormous impact on company sales. This weakness is seen on many levels of the retail chain and through management. Staples has a lot of employees that are not properly informed for the products that are being offered which causes the staff to not have the right knowledge to convey to the customers. Employees at Staples are usually hired in a 1 or 2 step interview and given a trial shift. Comparatively, Apple Inc. has a 5 step interview process consisting of phone and face–to–face interviews. There is clearly a difference in quality of employees hired between the two companies and it shows in the marketing and product offerings. Staples hires many employees that don't have the sales experience even for a service/semi–department store. The employees don't have sufficient product knowledge, education or the motivation to sell. The bottom line is that employees are not closing sales and are not up–selling the products, even though the products offered are practical and easy to use. Reuters recently stated that, "Many investors look at office–supply retailers as a barometer of economic health because demand for their products is closely tied to white–collar employment rates." (Wohl & Cavale, 2013). This is a clear indicator that the company has to start advertising and targeting the white–collar employees and companies more, as well as doing more wholesale activities with industries and other companies. Another weakness ... Get more on HelpWriting.net ...
  • 19. Staples Inc I. BACKGROUND Staples Inc. founded in 1985 by Thomas G. Stemberg and Leo Kahn in Brighton, Massachussets. It is headquartered in Boston and employs 89,000 employees worldwide. Staples sells office supplies at more than 2,000 stores as well as through its catalog and call centers, the internet site, and contract sales force. In additional to typical office supplies, stores offer computer hardware and software, furniture, art and school supplies and printing and copy services ( Staples 10k, 2012). The company has 3 operating division: North American Delivery, North America Retail and International. The retail stores in Australia, Brazil, China, Denmark, France, Germany, India, Norway, Portugal, United Kingdom and the United States ... Show more content on Helpwriting.net ... B. BARRIERS TO ENTRY: POTENTIAL ENTRY OF NEW COMPETITORS Mostoffice supplies have little brand loyalty, low end–user switching costs, low government regulation, and easy access to suppliers and distribution channels attracts potential new entrants.Economies of scale provide a significant advantage over the larger office supply that allow them to compete with high–volume to lead the market. Company with a strong financial able to gain better profit by negotiate better contracts with suppliers.Entry can be achieved on a smaller scale by focusing on specific productrange or by developing an online retail shop. The low growth in this industry also makes it less attractive to new entrants. Overall, the threat of new entrants is strong (Merketline, 2102) C. SUBSTITUTES There is a big challenge for those operating primarily with paper–based office products because many companies move towards a paperless office format to decrease the operational cost and environmental friendly. Office services such as photocopying, printing and binding may be substituted by electronic forms of communications. Switching costs are moderate due to already developed ICT systems by market players. Therefore the threat of substitutes within this industry is moderate. (Pearson–Jones, 2010; Merketline, 2102) D. POWER OF SUPPLIERS Numerous suppliers especially from low ... Get more on HelpWriting.net ...
  • 20. Proposed Merger Between Staples And Office Depot Anticompetitive Effects and Price Effects: Proposed Merger between Staples and Office Depot (1997) Xueqi Ji 6252074952 Abstract FTC employed structural, documentary, statistical, econometrics and financial evidence to verify that the proposed merger of Staples and Office Depot will lead to increase in market concentration, market prices and stock prices, and thus support FTC's contention that this merger will cause an anticompetitive effect on Office Superstore market. Staples and Office Depot made a plain and useless contradiction. Finally, the Court announced to agree with FTC, and granted a preliminary injunction on this merger. This paper mainly focuses on FTC's evidence and analysis. Keywords: antitrust, horizontal merger, ... Show more content on Helpwriting.net ... Staples (2006), Orley Ashenfelter, David Ashmore, Johnathon B. Baker, Suzanne Gleason and Daniel S. Hosken leveraged extensive public record to provide a detailed discussion of the econometric models used in this merging case and to show how differences between the models led to the discrepancy between these estimates. FTC claimed that based on various analysis and evidence, proposed merger between Staples and Office Depot will harm competition in office superstore chain market and raise market price which will lessen customers' welfare. Nevertheless, two parties of merger casted doubt on every detailed statement, and interpreted that this merger will reduce costs, broaden scale of economies, improve economic efficiency, and optimize resource allocation, and then lower market price efficiently. Finally, the Court chose to agree with FTC's contention. II.Background In 1996, there were three largest and absolutely dominant office superstores (OSS) chains in United States office supply market, Staples, Office Depot and OfficeMax. Office superstores can get access to much more convenient and cheaper supply of goods than small retailers through signing a mass of contracts with suppliers. They are mostly located in downtown business districts, and own considerable floor areas, a wide variety of product types and sizable supply size. Therefore, they can provide consumers with great user experience and convenience by ... Get more on HelpWriting.net ...
  • 21. Costco Wholesale Business Analysis Today, the most important commercial activity is considered retailing, as the retail stores provide the consumers with various products and services. There are many fields in the retail industry such as franchise stores, supermarkets, specialty stores, variety stores, online merchants, and supermarkets. By having many types of merchants, the retail industry thus helps the customers to freely choose the sellers, or stores, and enjoy buying products at the selected stores. As various merchants sell almost all types of physical goods ranging from food, books, beauty aids, toys, automobile parts, clothing, and shoes, the total retail sales in 2013 were around $5 trillion, according to the U.S. Commerce Department. The total retail sales in 2013... Show more content on Helpwriting.net ... It was first built in 1983 in Seattle, and it has now became the second largest retailer in the United States. The company operates both domestically and internationally, and it has a total number of 687 warehouses. It has 481 stores in the United States and Puerto Rico and 206 stores in other countries such as the United Kingdom, Mexico, Taiwan, Korea, Japan, Australia, and Spain. Unlike many other retail stores, Costco provides membership only services. There are three types of membership, and those are Business, Gold Star, and the Executive membership. As the company shows the different kinds of membership, Costco's target customers are small to medium businesses and large householders. Because the company is targeting those customers, the items that are selling at Costco come in a bulk package. The company carries a wide product category ranging from groceries, television and media, electronic devices, books, camera, beauty aids, furniture, jewelry, sporting goods, kitchen appliances, automotive supplies, office supplies and office equipments. Furthermore, it offers travel services, food courts, pharmacies, opticians, and Photo Centers. Carrying only top quality brands and selling numerous items at low prices, Costco's annual revenue exceeds more than $112 billion and total full–time and part–time employees are about 200,000 ... Get more on HelpWriting.net ...
  • 22. Staples Inc. Business Analysis Staples, Inc. was founded by Thomas George Stemberg, who was a super market chain executive. Stemberg was born on January 18th, 1949 in Newark, New Jersey and died on October 23rd, 2015 at his home in Chestnut Hill, Massachusetts. He lost his battle with cancer. Stemberg attended Harvard University on a scholarship where he majored in physical science. After obtaining an MBA from HarvardBusiness School, he started to work for large grocery companies. On July Fourth weekend, 1985 Stemberg was working on a proposal when his typewriter's ribbon broke. Due to the holiday local stores were closed and he did not find the right ribbon for the typewriter. It was then when Stemberg realized "the world needed a supermarket for office products." On an ... Show more content on Helpwriting.net ... "The [Company's] business advantage offers a one–source solution for the products and services, customer service and an e–commerce site (The New York Times, 2017)." " Staples constantly looks for ways to expand in other countries, provide reliable and innovative products, and fast and easy to use services for all businesses' needs. "[The company is known for being] the world's largest office products delivery business, serving everyone from the twenty–person office up to and including the Fortune 500 (Staples Advantage)." Staples is the second largest, eRatailer in the world after Amazon.com with 85,000 associates all around the world. In 2012, Staples made No. 114 on the Fortune 500 list (Fortune 500, ... Get more on HelpWriting.net ...
  • 23. A Recent Change Within Staples Inc. 2. SITUATION ANALYSIS– WEAKNESSES In a recent change within Staples Inc. they have begun to shut down 140 of its 330 stores located across North America under scoring the pressure that big box retailers feel from rival e–commerce and discount players. With the end of the plan resulting in 225 stores being closed down as a choice of Staples trying to reduce their square footage. Due to this change within the company Staples Inc. must take in to account what this change will do to their company's infrastructures, price, services, and its reputation. An effect from this down size that Staples Inc. many weaknesses have arose within the company itself that should be taken into consideration before they become a major threat to the company.... Show more content on Helpwriting.net ... The fact that Staples has shut down some of the infrastructures has taken a direct deduction from their income. Staples reported $96 million in net income, a figure that marks a 43.5% decline over the prior–year period and resulted in earnings of 15 cents per share. These results include tax charges as well as expenses related to the closing of 16 stores during the quarter; excluding these one–time charges (McGrath, 2014). Even though technology does play an enormous role in our lives, infrastructures still are important and do appeal to all generations because it is a physical building where we can all find what we are looking for or at least have assistance in doing so. In addition, another weakness would be the pricing of the products. Now that Staples has adapted to selling their products mostly on their online stores, many customers might have the issue of paying not only tax but also shipping and handling as well. Paying tax is already one of the big factors of buying anything, especially in the province in Ontario since we are known to have one of the highest tax rates in Canada. As said by Forbes Magazine Staples decreased 10% part of that reason is from foreign exchange rates. Having shipping and handling as a new factor can cause more decrease in income annually over the years. With competitive pricing being used as an advantage it will still not be enough to drive the company's growth (McGrath, 2014). Even ... Get more on HelpWriting.net ...
  • 24. Fedex Corporation : The Highest Ethical And Professional... Executive Summary FedEx Corporation will produce superior financial returns for its shareowners by providing high–value–added logistics, transportation, and related business services through focused operating companies. Customer requirements will be met in the highest quality manner appropriate to each market segment served. FedEx will strive to develop mutually rewarding relationships with its team members, partners, and suppliers. Safety will be the first consideration in all operations. Corporate activities will be conducted to the highest ethical and professional standards (Mission). FedEx History In 1965, Yale University undergraduate Frederick W. Smith wrote an economics term paper exploring how goods were transported in the... Show more content on Helpwriting.net ... He already owned a few small planes and officially launched the Federal Express Corporation while still trying to land his first customer, the Federal Reserve System. The "Fed" serves as the U.S. government 's central bank, with twelve district banks around the country. Smith told the Fed he could transport checks and other documents between the banks overnight, greatly reducing the existing delivery time. His idea was to fly the documents to a central airport, a hub and then fly them out to their final destinations along air routes called "spokes." The Federal Reserve deal fell through, but the hub–and–spoke concept remained at the heart of the FedEx system (From College Term Paper to New Company). While operating his firm, he saw firsthand how difficult it was to get packages and other airfreight delivered within one to two days. With his term paper in mind, Smith set out to find a better way. Thus the idea for Federal Express was born: A company that has revolutionized global business practices and that now defines speed and reliability. Smith named the company Federal Express because he believed the patriotic meaning associated with the word "federal" suggested an interest in nationwide economic activity and thought it was memorable and would help attract public attention. For the next year or so, Smith and his advisers studied how they could make a big impact in the air cargo transport ... Get more on HelpWriting.net ...
  • 25. Office Depot | [Comprehensive business Analysis: Office Depot]| Background Office Depot was founded in 1986 by F. Patrick Sher, Stephen Dougherty and Jack Kopkin in Boca Raton, Florida. The three envisioned a warehouse style store that could offer office supplies at discounted prices. The first store was opened in October in Fort Lauderdale. It was immediately successful and before the year was over, two more stores were opened in Florida. While Office Depot was one of the first companies to tap into this new market, they were not the only ones. Rivals, Staples and Office Club, both opened their first stores within three months of Office Depot. All had the same basic strategy: Buy products directly from manufacturers rather than wholesalers ... Show more content on Helpwriting.net ... Office Depot operations expanded into Ireland, Italy, the Netherlands and France, through Viking into Switzerland, Spain and Portugal in 2002 and through its Mexican joint venture partner Grupo Gigante, S.A. de C.V. into Costa Rica and Guatemala. In 2003, the acquisition of their licensee in Hungary and Guibert S.A. in France helped the company set a solid foundation for future growth in Europe. Neil R. Austrian took over as interim CEO in 2004 and the company restated its commitment to find ways to improve financial performance and growth. Advertising was a big focus of 2005 and the Office Depot reintroduced its slogan "Taking Care of Business". They also announced a multi–year agreement with NASCAR to become the sport's first ever Official Office Supply Partner. That same year Steve Odland was hired as Chairman and CEO. Continuing growth overseas highlighted the next years. The company's presence not only grew in Europe, but also expanded through mergers, licensing agreements and acquisitions to many parts of Asia and even the Middle East. Today the company is still growing and is opening state of the art stores in new untapped markets. In 2010, Neil Austrian reassumed the job of interim CEO and despite rumors of a possible buyout continues to guide the company's expansion. Industry Analysis The office supplies industry is one dominated by three main players, Staples, ... Get more on HelpWriting.net ...
  • 26. Case Study Of Staples And Office Depot The case study of federal trade commission versus staples and office depot is about how these are the two largest office supply chains in the country. In September 1996 a proposal was developed to merge the two big companies. Since the superstores had a record of substantially cutting the prices of office supplies to their consumers. On October 1996 staples and office depot filed notice to the federal trade commission for their intention to merge. However the FTC looked at it as a violation of the antitrust laws. Overall staples and office depot should be able to merge, because these are two superstores that are almost identical yet have different names. With this. If the merge there will not be a monopoly because staples and office depot ... Get more on HelpWriting.net ...
  • 27. Pros And Cons Of Student Loan Fraud Student Loan Fraud In February, 2017, the United States District Court in Florida entered a final judgement in a civil trial against FastTrain College, a for–profit college chain, for falsifying documents used to defraud the Department of Education of more than $12 million (Office of Inspector General, 2017). The owner, Alejandro Amor, and the school falsified documents to receive federal funding through the Federal Pell Grant Program, the Federal Direct Loan Program, the Federal Family Education Loan Program, among others which provide federal assistance to students. The school used predatory practices to entice non–eligible prospective student to lie on their federal student loan applications to receive federal funding, most of which went directly to the school and Amor. Two years earlier, a judge convicted Amor in a criminal trial for conspiracy to steal government funds and theft of government funds, leading to a 97–month jail sentence. Student loan fraud makes it more difficult for eligible students to receive federal aid in getting a higher education. Additionally, the United States government loses millions of dollars of taxpayer money to fraudulent student loan schemes and is unlikely to recover the total amount lost. Corporate Violence Against the Public:Water Pollution In 2015, the Environmental Law Foundation filed a lawsuit against the Central Coast Regional Water Control Board for keeping pollution information hidden from farmers in violation of the California ... Get more on HelpWriting.net ...
  • 28. Hornady Manufacturing Essay Hornady Manufacturing. This company's headquarters is based in my hometown Grand Island NE. This company was founded in the 1940's by Joyce Hornady. Shortly after WWII, Joyce teamed up with a partner, Vernon Speer and began buying equipment to remanufacturing spent shells. Remanufacturing of spent shells is a process of taking already fired bullets and rebuilding them to be used again. The company was built from basically nothing to become currently one of the largest companies of ammunition manufacturing and research. In 1981 Joyce Hornady died along with two other employees. The plane they were flying crashed due to weather conditions over Louisiana. The company had lost its spirit leader, the man who started it all. The company... Show more content on Helpwriting.net ... Chances are good that you will find Hornady ammo in just about any sporting goods stores, or any store offering sales of ammo. The company is a leading manufacturer of both civilian and military use ammo. The product lines stretch from building the original .30 caliber bullets to a full line of .22 caliber all the way up to high velocity .50 caliber and up ammo. The largest ammo sales are sold to wholesalers that market and supply ammo through channels of stores and ammo depot to the public and military. The company moto from the late Mr. Hornady founder of the company was 10 bullets in the same whole. The pricing strategies of the company are standard and very competitive with its competition. Hornady Manufacturing ammo in my opinion sells its self. Through social media, advertisement through its major sales companies such as Cabela's all the way to the small ammo shop on the little back roads towns, Hornady bullets have become a name known by the world to be a trusted bullet at a price worth paying. The company just last couple of year unveiled its latest project allowing a bullet to be equipped with a fast action video camera that can be view from a smartphone or mobile device. This innovation allows the shooter to shoot a round through a rifle and then replay the video of the shot to precisely and effectively sight in a rifle in a very futuristic way. The Hornady Manufacturing website has Accurate, Deadly, Dependable as a registered ... Get more on HelpWriting.net ...
  • 29. Office Depot Business Analysis In 1986, Patrick Sher, Stephen Doughtery, and Jack Kopkin created the leading company in Office Supplies and called it Office Depot. The company was started in Delray Beach, Florida and opened its first store in Fort Lauderdale, Florida. Right from the beginning Office Depot began merging with businesses, in 1990 their first merger was The Office Club, Inc. The Office Club was another office supply store that was founded in 1986 and merged with office depot towards the end of 1990. This merger also set them as the largest office supply retailer in North America with 173 stores in 27 states ("Our History", 2017). Office Depot started seeing the global future earlier than most companies, they started to operate internally in 1992 by opening... Show more content on Helpwriting.net ... The office supply industry has a lot of potential to profit greatly. The American dream is to own your own business, and, in this market, it is much easy to open your own business. This is due to lowering barriers of entry due to technological advances. Office Depot would greatly profit from this if new technology such as computer with faster processors to run bigger office programs, faster printers with larger capacities of ink storage, or any other product that could help benefit small, medium, or large businesses. This can be done through changing research and development projects and changing strategies to focus on figuring out exactly what customers want with their technology products and how it can help their ... Get more on HelpWriting.net ...
  • 30. Staples Strategic Audit Strategic Audit Staples, Inc. Hudson Chodos Andrew Nelson David Pearson Management 3800: Public Policy Professor Bowen 11/3/11 I. Current Situation Looking at Staples current performance in the past year, we will look at three things: return on investments, market share, and profitability. * Return on Investments: 9.95% * Market Share: 90% of market cap when comparing Staples, Office Depot (5.72%), Office Max (3.89%) * Profitability – $24.5 Billion in sales; $6.7 Billion in Gross Profit Mission Staples, Inc. is the world's leading office supplies company. The firm is committed to making it easy for customers to buy a wide range of office products and services. "[Staples'] mission is to bring easy to... Show more content on Helpwriting.net ... Staples contributes to numerous charitable foundations. Staples is a proud member of Boys and Girls Clubs of America as well as other foundations to provide educational opportunities for all. II. Corporate Governance A. Board of Directors Staples' Board of Directors is made up of one internal employee, Staples' current CEO Ronald Sargent, with the remaining members being external and independent directors. The board consists of the following members as seen in the chart below under Appendix A. The Board of Directors are in charge of determining the corporation's leadership structure on an annual basis and determine if the board will be led by an independent Chairperson or an independent Lead Director. The board has decided that Ronald Sargent, the CEO of Staples, will remain and the Chairman of the board. The Board of Directors is broken down into five committees made up of around three or four board members. Each committee has there own responsibilities and are in charge of making critical decisions that they must assure is communicated properly throughout the entire company. This leadership structure assures that the Board of Directors has a proper balance of leadership roles that allows for a system that prevents any conflict of interests that may come from having the CEO serving on the board. With the current blend of management oversight and independence on the board, the ... Get more on HelpWriting.net ...
  • 31. Organizational Behavior Paper University of Phoenix MGT 331 Organizational Behavior Gary Denny January 15, 2006 Organizational Behavior Forces All companies experience internal and external forces that affect the nature of their business. Some of these forces can be controlled by the company itself these are called internal forces but actions that occur outside of the company without the company being able to control them is called external forces. These forces whether they are internal such as company restructuring or external forces, for example the company 's competitor coming out with a better product push the company to take actions to ensure that the company will survive through them. The internal and external forces that can affect each company range ... Show more content on Helpwriting.net ... The ramifications of a merger are felt stronger at the upper–levels. R.W. Armstrong R.W. Armstrong is an engineering firm located in Indianapolis, Indiana that has grown from a small family–owned firm to a mid–size corporate organization in only 2ВЅ years. Due to the fast and immediate growth restructuring and resource–leveling has become the two biggest internal factors within our company. During this massive growth period, we formed an alliance with A2SO4 a minority Architectural firm in order to offer our customers more services. R.W. Armstrong is also in the process of becoming a global company, in order to provide services to customers in the United Arab Emirates; due to these projects they are opening two new offices in Dubai and Abu Dhabi to meetcustomer demands. The impact of exponential growth within R.W Armstrong has created stress among the organization and has created new management policies and a great deal of diversity with the organization. Since R.W. Armstrong is a civil engineering firm, it is also affected heavily by political changes within the states that they work in. A change from a Republican Party to Democratic Party could mean projects getting cancelled due to one politician 's view of importance over another 's. Since it is political, a great many of the projects proposed by R.W. Armstrong depend on the states economy another external factor that is hard to manage. United Healthcare At
  • 32. ... Get more on HelpWriting.net ...
  • 33. Staples And Office Depot Inc. Staples and Office Depot Inc. are both office supply chains. Today both companies are doing great considering where they came from and their competitive market. It is safe to say Staples has more than 2000 stores while Office Depot has above 1600 stores throughout the world. According to the case they were both originated in 1986 and while being founded early on over the next decade they and additional office supply chains have contended belligerently in order to provide a suitable, unfailing and inexpensive supply of office materials to smaller industries or businesses along with other persons who have home offices. Staples and Office Depot have been extremely victorious in the field of office supplies. They have kicked out hundreds and thousands of individual privately owned businesses out of selling and abolished even few competitors in the office supply market by getting hold of their business or economic failure of their business. By 1996 they had only one existing contestant which even till today I remember and that is OfficeMax. Office Depot has been very insistent, in addition, Staples and OfficeMax are to participate more assertively as well. The office supply prices for staples are the cheapest in the cities that all three of the nationwide office supply chains staples, office depot, and office max compete. Prices reach higher in the markets that only the additional competitor is OfficeMax. Office Depot incriminates drastically with increased prices that comes ... Get more on HelpWriting.net ...
  • 34. Essay on Mortgage Crisis on Money Supply Impact of the Mortgage Crisis on Money Supply in the US AMESIA HARRIS FINANCE 364 PROFESSOR CROSS Impact of the Mortgage Crisis on Money Supply in the US This paper presents the effects of expansionary monetary policy to macro economic variables in the economy. The United States of America recorded a mortgage crisis since 2007. The financial sector issued out massive amounts of money to individuals to acquire homes. This was in line with government campaigns for equitable housing of US citizens in the United States. This led to an increase in loans offered to citizens to purchase homes, leading to an expansionary monetary policy. Though this strategy brought equity in home ownership, it also brought financial imbalance in the ... Show more content on Helpwriting.net ... Inflation went up to 4% in 2007 and over 5% in 2008. However, the country tightened its monetary policy in 2009 leading to a reduction in inflation though minimal (U.S Government, 2011). This has also led to exportation of inflation and economic decline to other countries. Many countries rely on the United States' economy for financial donations and aid as well as markets for their goods and services. The decline in economic performance in United States and the subsequent decline in its purchasing power reduced the level of donations and loans to other countries. Markets for foreign goods in the United States equally declined. Foreign Exchange Rate and Money Supply With the mortgage crisis recorded in the United States, the country's currency declined in value in respect to other world currencies. Increase in money supply led to an increase in the volume of money in circulation in the United States. This led to a rise in prices of goods. Because of this, the value of the dollar declined in the international money markets. The decline in value of the dollar led to imports becoming very expensive. This further reduced the country's production capability, leading to a further economic decline. A devalued currency makes a country's exports cheaper than those of other countries. This has the potential of boosting the level of exports in countries with devalued currency thus reducing their balance of ... Get more on HelpWriting.net ...
  • 35. Fedex Company Profile I.Company Profile FedEx Corporation (FedEx), incorporated on October 2, 1997, provides a portfolio of transportation, e–commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the respected FedEx brand. These companies are included in four business segments: FedEx Express, Federal Express Corporation (FedEx Express), is an express transportation company, offering time–certain delivery within 1 to 3 business days and serving markets that comprise more than 90% of the world's gross domestic product; FedEx Ground, FedEx Ground Package System, Inc. (FedEx Ground), is a provider of small–package ground delivery service; FedEx Freight, FedEx Freight Corporation, is a ... Show more content on Helpwriting.net ... Service is also provided to nearly 100% of the Canadian population. In addition, FedEx Ground offers service to Puerto Rico, Alaska and Hawaii through a ground and air network operation coordinated with other transportation providers, primarily, FedEx Express. FedEx SmartPost (a subsidiary of FedEx Ground) is a small–parcel consolidator, which specializes in the consolidation and delivery of high volumes of low–weight, less time–sensitive business–to–consumer packages, using the United States Postal Service for final delivery to residences. The Company picks up shipments from customers (including e–tailers and catalog companies), provides sorting and linehaul services and then delivers the packages to a United States Postal Service facility for final delivery by a postal carrier. Through its network of 20 distribution hubs, FedEx SmartPost provides delivery Monday through Saturday to all residential addresses in the United States, including P.O. Boxes and military destinations. FedEx Ground operates a multiple hub–and–spoke sorting and distribution system consisting of approximately 520 facilities, including 30 hubs, in the United States and Canada. FedEx Ground conducts its operations primarily with approximately 22,000 owner–operated vehicles and 29,500 Company–owned trailers. To provide FedEx Home Delivery service, FedEx Ground leverages its existing pickup operation and hub and linehaul network. FedEx Home Delivery's operations are co–located ... Get more on HelpWriting.net ...
  • 36. The Business Level Strategy Of Staples Staples, the world's number one office supply chain, and Office Depot, the world's number two office supply chain, compete with one another in the big–box retail industry. The companies' "Strategic Group" is office supply retailers. Individual consumers and small to medium sized businesses are the target customer segments of Staples and Office Depot. The two companies offer printing and copying services, computer hardware and software, school supplies, and general office supplies. The business–level strategy of Staples is one of differentiation. Staples will target mid–market business customers which the company defines as those business customers with 10 to 200 employees. It will do this by offering a deep assortment of products ... Show more content on Helpwriting.net ... This program saw 400 stores close and lead to over $100 million in benefits. The company will also close over 300 stores in the next few years, further helping to alleviate unnecessary costs. Since both Office Depot and Staples offer mainly the same types of products, the companies must be able to differentiate themselves from one another. When it comes to the impact of the Five Forces of Competition and its effect on the performance of Staples and Office Depot, there does not appear to be a strong threat of new entrants in the big–box retail office supply segment of the industry. It seems unlikely that anyone will want to open a new office supply store. While there is a level of service differentiation between the two companies, there is little product differentiation between the two. Likewise, there would be little product differentiation from a new competitor. The threat of substitutes comes into play between Staples and Office Depot in that both companies offer basically the same products. If the customer can't get what he wants at one store, he can go to the other. Likewise, if the customer becomes disenfranchised with one company for whatever reason, he can easily go to the other company. There doesn't seem to be much bargaining power of customers or suppliers. There does seems to be a strong industry rivalry which, as with most industries, is the major determinant of the competitiveness of the industry. The most threatening competition for ... Get more on HelpWriting.net ...
  • 37. Essay about Staples, Inc. Swot SWOT ANALYSIS– STAPLES SWOT Analysis– Staples Staples, Inc. became incorporated in 1985 by founders Thomas G. Stemberg and Leo Kahn. 25 years later, Staples, Inc. is the world's largest office products company. The company primarily operates in the United States but also has locations in 26 countries throughout North and South America, Europe, Asia and Australia serving businesses of all sizes and consumers. Their mission statement is, "We're committed to making it easy for our customers around the globe to buy a wide range of office products, supplies, technology, furniture, and business services, including computer repair and copying and printing, to help our customers run their offices efficiently" (Staples Inc., 2010). The... Show more content on Helpwriting.net ... received the award in 1997 and Office Depot, Inc. in 1998, Staples, Inc. clearly has a competence advantage among its competitors. Therefore, the company's customer service is another distinctive competence. Weaknesses A major weakness for Staples, Inc. is their high dependence on the North American Market. Since the North American Market has weakened due to the regression the company's dependence could prove to be rather damaging. "For the fiscal quarter ended Aug. 2, 2008, the Framingham, Mass., office–supplies retailer said sales grew about 3% from a year ago while its earnings per share decreased about 15%" (Hinton, 2008). Staples, Inc. has been involved in many legal issues which is another weakness. Most recently Staples, Inc. reached a settlement in wage and hour class action lawsuits. Staples, Inc. announced that it has reached a global settlement in several retail wage and hour class action lawsuits related to the alleged misclassification of its assistant store managers concerning overtime pay. According to a former assistant manager, who worked with the company from December 2003 to October 2005, the Assistant Managers were working 50 hour work weeks, with 1 hour lunch breaks (Steward, 2010). This amounted to 5 overtime hours per week that they weren't getting paid for. "Under the terms of the global settlement, which is subject to court approval, the Company has agreed to pay $42 million to resolve the allegations and avoid further ... Get more on HelpWriting.net ...
  • 38. Travel Agency Supply Chain Essay Supply Chain in the Travel Industry The travel industry is an industry that is in constant change. It is the type of industry that must change with the times, including how it conducts business, how it sells its products and services, and how each link of their supply chain works and connects with the rest of the chain. While each brick and mortar location and travel website are similar to their counter parts, each one has a varying supply chain they use in order to get their product and services to the customer. We will take a look at how a brick and mortartravel agency uses its supply chain, and how changing to a website location can and will affect their supply chain. Supply Chains Let's begin by understanding what exactly a ... Show more content on Helpwriting.net ... Their offices would include customer service agents, also known as travel agents, at desks and computers ready to punch in when, where, and what you wanted to do on a trip. Their offices would be filled with posters of exotic locations and pamphlets full of information and ideas to make your vacation perfect. In order to provide this service to the customer, the agency would begin by making deals business to business with the airlines, hotels, cruise lines and car rental agencies. Their supply chain would begin with those businesses by making deals that they would use their products when arranging plans for their customers. Their supplies would include contractual agreements, as well as informational brochures. For instance, a travel agency would make a deal with certain hotels to try and use them when reserving rooms for their customers. The hotel would then give the travel agency a commission off the room as payment. Business to business links would also come in the form of finding locations to rent for their offices, as well as places to purchase their office furniture and computer systems. There would be the need for travel agents for serving the customers, as well as advertising and distribution of information to potential customers. Hotels, airlines, car rentals, cruise ships, and cities visitor bureau would all make deals with the agencies in order to have their information posted within the agencies ... Get more on HelpWriting.net ...
  • 39. Office Depot Merger According to BBC news, in February 2015, Staples offered to buy Office Depot for US$ 6.3 billion (2015). Staples is a large United States based office supply chain store headquartered in Framingham, Massachusetts, United States and Office Depot is an office supply retailing company, headquartered in Boca Raton, Florida, United States. If the transaction is dealt, Office Depot shareholders will receive, for each Office Depot share, $7.25 in cash and 0.2188 of a share in Staples stock at closing (Lange, C., 2015). Staples tend to buy rival, Office Depot to fend off competition Internet retailers such as Amazon. If the $6.3 billion merger is approved, it will be closer towards creating a single giant office supply superstore in the nation. This... Show more content on Helpwriting.net ... IAS 7: Statement of Cash Flow – Cash flow must be analysed between operating, investing and financing activities. A consolidated cash flow statement of Staples and Office Depot can be done by using direct method which shows each major class of cash receipts and payments. Lastly, IFRS 3: Business Combination outlines the accounting principles when Staples obtain control of a business. Staples should categorize and define assets acquired and liabilities assumed on the basis of the contractual terms, operating and accounting policies, economic conditions and other pertinent conditions as at the date of ... Get more on HelpWriting.net ...
  • 40. The Market Conditions And Competitive Environment That A... Introduction Understanding the market conditions and competitive environment that a company operates is an imperative for its success. Notably, the market conditions and competitive dynamics in an industry have a direct impact on the operations and strategies of a company and consequently its ability to achieve its business and corporate objectives. Keurig Green Mountain is a speciality coffee company in the United States Food and Beverage Appliance manufacturing industry; it was founded in the year 1981. Keurig a market leader in coffee blends and portions market in the United States is also ranked among the 50 best manufacturers in the country by the IndustryWeek. Keurig product line comprises of diverse beverages including coffees, teas, hot cocoa, other beverages and, products such as appliances, portion packs, ground coffee and coffee beans. The company's has grown tremendously since its inception into the industry and this is attributable to its highly diversified product line; it has more than 400 types of coffee blends and technological innovations. This research paper presents an analysis of the market conditions of Keurig coffees. Keurig Market, Competitors and Customers Analysis Market The market for Keurig coffees is highly diversified. It comprises of four key groups including: grocery stores, retailers, wholesalers and Green Mountain Coffee Roasters. Retailers that offer Keurig Coffees include Starbucks, Dunkin Donuts, Snapple, Tazo, Corobou Coffee and ... Get more on HelpWriting.net ...
  • 41. Costco Research MARKET DEFINITION – This is the Mission and business definition that clearly defines the competitive arena. Market Definition section should include following for Costco: * Market Size (potential market size) * Product & Services * Customers * Broad Price Range * Competitive landscape Costco Wholesale Corporation is the seventh largest retailer in the world. As of July 2012[update] it was the fifth largest retailer in the United States, and the largest membership warehouse club chain in the United States. Costco and its subsidiaries (Costco or the Company) are principally engaged in the operation of membership warehouses in the United States, Canada, the United Kingdom, Japan, Australia, through ... Show more content on Helpwriting.net ... While Costco welcomes members to bring up to two guests, only the members may pay for items. American Express is the only accepted credit card (in the United States, Canada, and Japan) because they charge Costco very low interchange fees (a percentage of revenue from total sales made). Costco have two primary types of members: Business and Gold Star (individual). Costco's membership fees at Costco are $55 per year for a Gold Star (individual) or Business membership (older memberships are grandfathered in at $50 per year), which can be upgraded to Executive membership for an additional $55 per year. Along with the additional benefits the executive membership offers (e.g. car purchasing savings, home loans, car insurance, check printing services) Executive members also receive an annual "2% Rewards Check" of up to $750.00 from Costco on all purchases made, excluding select items such as gasoline, tobacco, stamps and in some states, alcohol. Marketing Communication & Promotional Actives Costco generally limit marketing and promotional activities to new warehouse openings, occasional direct mail to prospective new members, and regular direct marketing programs (such as The Costco Connection, a magazine published to members, coupon mailers, weekly email blasts from costco.com, and handouts) to existing members promoting selected merchandise. These practices result in lower marketing expenses as compared to typical retailers. ... Get more on HelpWriting.net ...
  • 42. Impact Of Trade Compliance On The World Of Economics 1. Introduction In the world of Economics, the important word come to mind of people is Trade. Trading has been done from the time when human begin start to use tools that is circa 150,000 years ago(Watson 2005). Since then we have come a large leap from trading small stone tools to sophisticated machineries and advance software today. This report revolves about the specific topic of Trade Compliance which is relatively new to the pitch compared to the age of trade. The term Trade Compliance means that the trade done in with compliance to law of the countries in which the parties perform the trade. When did all the regulation start on the trade it dates to the time when the humans started to sail and import the goods of value to their own nation and government start to put taxes on the goods which are of high value this kind of regulation or the compliance is called the tariffing of trade. This further developed when the world is further connected and all the nation wants to do eat their share of pie in the world economics and thus bought the introduction of the Harmonized Tariff System back in 1988(Aoki Sibylle Bauer Quentin Michel Filippo Sevini Ian Stewart Webmaster FrГ©dГ©ric Wilhelmy and Viski Publisher 2015). This system is internationally accepted by 200 countries. European Union follow a complex Trade compliance program and is regarded as the best in world (Stewart and Bauer 2015,46). The Harmonized Tariff System is scratched the surface of the Trade Compliance due to ... Get more on HelpWriting.net ...
  • 43. Herman Millar Inc. Question: How strong are the competitive forces in the furniture manufacturing industry? Do a five–forces analysis to support your answer. Answer: Although Herman Miller company is one of the largest office furniture manufacturers in the world, it competes with several manufacturers that have greater resources and sales as well as many smaller companies. In the United States, the company 's most significant competitors are Haworth, HNI Corporation, Kimball International, Knoll, and Steelcase. Five forces analysis Intensity of rivalry The office furniture manufacturing industry market in the United States is very competitive since many companies offering similar products. Companies compete primarily on price, product and service... Show more content on Helpwriting.net ... During the five years to 2011, the prices of these inputs have been volatile, making it difficult for manufacturers to anticipate future spending and reduce costs. In general, rising commodity prices have negatively affected the industry, increasing purchase costs for manufacturers. Bargaining power of buyers According to the research of IBIS World, department store sales depend heavily on the financial health of the consumer sector, including per capita disposable income. During periods of economic recession and decreasing income of people, consumers cut their spending by delaying purchases or substituting brands' products with lower level products. This is heavily influenced by the unemployment rate and general economic growth. In the periods of strong economic activity people's disposable income increase, and vice versa. Threat of substitutes Furniture has been used for thousands of years and built mostly of wood. There is little evidence indicating that wood furniture will be totally replaced by some other material in the foreseeable future. In the industry of furniture manufacture probability of substitutes is almost impossible. Current global trends have a favorable influence on increase in demand for furniture, due to ever faster obsolescence and shorter furniture lifetime, i.e. due to frequent changes in design and manufacture technology. Possible threat of trend changes exists, i.e. furniture made from other materials than wood, that is, ... Get more on HelpWriting.net ...