Nobody downloaded yet

The Lockwood Group - Essay Example

Comments (0) Cite this document
The Lockwood Group Table of Contents Introduction 4 Major Situation Faced by the Lockwood Group 5 Financial Services 5 Energy 6 Packaging 7 Forest Products 7 Analysis of the Lockwood Group 8 Strengths 8 Weaknesses 9 Opportunities 9 Threats 10 Recommendations 11 Pros and Cons of the Recommendations 12 Conclusion 13 Works Cited 14 Bibliography 15 Introduction Lockwood Group was started in 1904, with a huge number of competitors in the market…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
The Lockwood Group
Read TextPreview

Extract of sample
"The Lockwood Group"

Download file to see previous pages In the similar context, it can be stated that rather than paper and packing business, Lockwood had expanded its firm with the food industry. The company had gained long-term profitability in the market related to the food and packing industry. Further, they had expanded the business into other fields (The Lockwood Group, Inc, “New Strategies for the 21st Century”). The main purpose of this paper is to analyze the major situation faced by the Lockwood Group. Though the company had faced certain problems in the competitive market, it is essential to analyze their marketing situation and provide appropriate recommendations for the company. Therefore, it can be stated that the main motive of the paper is to provide recommendation for future by analyzing the Lockwood Group’s present as well as past marketing scenario (The Lockwood Group, Inc, “New Strategies for the 21st Century”). Major Situation Faced by the Lockwood Group Lockwood Group had faced major change in the competitive market, as the company had initially started the business with packing and paper section. During the second part of the 20th century, Lockwood Group was engaged in producing auto parts, electrical equipments, metal alloys, electric motors, communication equipments, furniture, appliances, power equipment, specialty equipments and consumer products. However, Lockwood could not succeed in the above mentioned businesses. All the segments were sold or liquidated at losses (The Lockwood Group, Inc, “New Strategies for the 21st Century”). Though the Lockwood was bearing a loss, the CEO of the company has taken various majors in the 21st century to set up long-term profitability in the competitive market. Their main business was financial services, energy, and packaging along with forest products. The company had reinvested the funds in vicinity promising the expansion of cost-effectiveness. In 2001, Lockwood had increased its sales from the four main businesses due to adoption of various strategies as it has been stated earlier that the company had expanded the business in the four sectors (The Lockwood Group, Inc, “New Strategies for the 21st Century”). Financial Services Lockwood had started financial services in 2000s. The company had appointed the investment banker to trade the unwanted business and had invested the capital in financial business. Lockwood insurance sector had good profitability in the market. Visualizing the profitable financial scenario, the company had extended to insurance operation. In 2002, Lockwood financial services had three broad categories i.e. life insurance, real estate and causality insurance. Though the company was strongly positioned in the financial sector, its competitors were high, because Lockwood financial division was petite by the national standards (The Lockwood Group, Inc, “New Strategies for the 21st Century”). Energy Lockwood had operated in the energy business since 2004. The company had entered into energy businesses through the acquisition of the EasyGas Energy. Previously, Lockwood had small businesses in the offshore and onshore oil industry but later on expanded the firm into Gulf of Mexico and Mississippi. Lockwood had gained long-term ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Lockwood Group Essay Example | Topics and Well Written Essays - 1750 words”, n.d.)
The Lockwood Group Essay Example | Topics and Well Written Essays - 1750 words. Retrieved from
(The Lockwood Group Essay Example | Topics and Well Written Essays - 1750 Words)
The Lockwood Group Essay Example | Topics and Well Written Essays - 1750 Words.
“The Lockwood Group Essay Example | Topics and Well Written Essays - 1750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
...? Group Analysis Group Analysis The group analysis paper is written to assess and disclose what one has learned, about oneself and about one’s group during the past weeks of working together. In the paper the personal reflection would focus on: (a) my own participation and communication in a small group; and (b) the group’s overall communication during the project. In reflecting on the group’s experience regarding the work as a whole, our group communication went very well. At the beginning it was very difficult for me as international student to adapt with the group; but later on, I was...
3 Pages(750 words)Essay
Americana Group
...? Americana Group Table of Content Executive summery 4 Marketing Analysis 5 Marketing environment analysis 5 Political Factors 5 Economical factors 6Social factors 7 Technological factors 8 Impacts of market trend on marketing strategy 9 Marketing Strategy 10 Strategic options available to the Firm 10 Recommendation for best option 11 Marketing Goals 13 Transactional or Relational 13 Marketing Programs 15 Skills, Capabilities and Knowledge Analysis 15 To develop the strategy 15 To source externally 16 Recommendations and implementation 17 Reference 20 Executive summery This paper represents the analysis of marketing strategies and market environment of Americana Group. The company based in Kuwait and...
17 Pages(4250 words)Research Paper
..., better performance and better sound quality and thus provided more fun to the gamers while playing. They introduced wireless and motion sensing controller and also created infinite options that made game much more rational and user’s game experience much more pleasurable. Nintendo realized its past mistakes when aiming for a target age group, i.e. younger customers; therefore they changed their targets and entered a complete new dimension. Nintendo started to tap into the “casual gamers” group. Presently, they are trying to reach far beyond “hard core gamers” which the Xbox 360 and the PS3 are targeting directly. Nintendo also developed new gaming packages which allowed hours of entertainment such as...
3 Pages(750 words)Assignment
Group dynamics
...?Group Dynamics Transference, a literal term, often used in psychology has its roots in Psycholoanalysis and was first coined by Sigmund Freud. The main purpose was to describe a process in analysis or therapy. The technical definition with respect to psychoanalysis as given in The American Heritage Medical Dictionary (2007) is that it’s a process by which emotions associated with one person, such as a parent, unconsciously shift to another, especially to the analyst. In the purview of psychiatry, The Mosby’s Medical Dictionary (2009) defines it as an unconscious defense mechanism whereby feelings and attitudes originally associated with important people and events in one’s early life are attributed to others in current...
5 Pages(1250 words)Essay
Analysis of Becoming Native by J. Lockwood
...HERE YOUR HERE HERE HERE Analysis of Becoming Native by J. Lockwood The notion of living backwards, as described byLockwood, has to do with the inherent characteristics of human beings as it has been identified through social psychology and anthropology. Lockwood determines that there is an inbred fear of the unknown that is engrained in the biological processes that make up human culture in natural sciences. According to the author, “Humans naturally avoid, even attack, unfamiliar beings” (Lockwood, 140). Lockwood is suggesting that is part of human nature to avoid change and generally fear situations or ideas that are unfamiliar or unknown. This is the first part of...
4 Pages(1000 words)Essay
Yoredale Group (Wensleydale Group)
...?An Essay on the Yoredale Group (Wensleydale Group) Introduction “Palaeogeography is the study of ancient geographies, using geological evidence to infer the distribution of land and sea, uplands (areas of denudation) and lowlands (sedimentary basins), the vegetational cover of the land, and the past climates that influenced them.” (Hancock and Skinner, The Oxford Companion to Earth) Depositional environments, on the other hand, may be classified as continental, marine, coastal or transitional. (Crain, Yoredale Group refers to sediments deposited and first studied in Wensleydale,North Yorkshire. Imagine a combination of layers of sedimentary rocks wherein the lowest level consists of limestone, followed by mudstone... , then...
8 Pages(2000 words)Essay
...Question (01 What are the likely advantages of working on a project in a group Answer (01 A group is formed when many individuals pool in their efforts together to complete a task or achieve a goal. The study of groups and group dynamics plays a very important part in the study of organizational behavior. Groups are a common feature in most organizational settings. (Group Dynamics, n.d.) Most of the groups are classified as formal or informal groups. Formal groups are formed by organizations to achieve the goals of the organization. Some of the forms of formal groups are command groups, task groups and functional groups. (Group Dynamics, n.d.) Informal groups on the other hand are formed on their own. They do not have a time frame... and are...
4 Pages(1000 words)Essay
...QUESTION: EXPLAIN THE BASIC CONCEPT BEHIND RFID TECHNOLOGY (ESSENTIALLY HOW IT WORKS) AND WHAT IS REQUIRED TO GET THE SYSTEM SET UP. RFID technology is short for Radio Frequency Identification technology. As per its name, we can deduce that radio waves are the main media of communication. RFID is similar with the barcode technology since the uses are relatively similar. This technology involves a tag on a product (fed with data), a reader connected to an antennae, communication protocol and software, communication network and the related database. Its main application is to identify goods and track the movement of goods/people. A small chip is attached to the good to be identified i.e. like a barcode on a good in a store. The chip...
2 Pages(500 words)Assignment
Group dynamics-group processes
...GROUP DYNAMICS-GROUP PROCESSES INSTITUION Psychology refers to the study of how an individual or a group behave. There are various characteristics that can be deduced from these behaviors can be portrayed in different ways. For example, in the movie, Remember the Titans, there are various behavioral patterns that can be observed and categorized into social psychological concepts (Forsyth, 2014). The objective of this paper is to anayze three concepts, namely biases, intergroup conflict and cohesion. Biases is an unethical act that gives one person unfair opportunity over the other. Biasness can take different forms, for example, racial discrimination. In the movie, Remember the Titans, the movie is shot in Alexandria VA... . This is a...
2 Pages(500 words)Assignment
Group types and group characteristics
...Group Types and Group Characteristics Group Types and Group Characteristics Group Types A group is defined as a collection of individuals working towards a common goal. Members of a group share a common identity and work collaboratively in order to achieve their objectives. Groups and teams are common in an organizational setting, where they are assigned to a certain responsibility. Teams are a specialized form of groups. In any case, group dynamics play an important role in the management of groups since groups differ in their attributes. Managers may use groups in order to gauge performance, enhance customer responsiveness, and boost motivation (Jones and George 2009, 599). However, not all groups are formally authorized... by the...
5 Pages(1250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic The Lockwood Group for FREE!
Contact Us