Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Investment Alternative Benchmarking for Bernard Lester - Case Study Example

Comments (0) Cite this document
The global automotive industry documents the pressing strategy of players in forming alliances with each other to support growth. The two companies which will be evaluated in this paper namely, Toyota Motor Corporation (Toyota) and Ford Motor Company (Ford) have already faced various decisions regarding the strategic directions they are going to take…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.2% of users find it useful
Investment Alternative Benchmarking for Bernard Lester
Read TextPreview

Extract of sample "Investment Alternative Benchmarking for Bernard Lester"

Download file to see previous pages Before 1982, the company is strictly undertaking the production of vehicles while a sales arm named Toyota Motor Sales Company is in charge in marketing its products to end consumers. It should also be noted that there is a clash of culture between the two companies. While Toyota Motor Company prioritizes efficient cost management, the sales arm is concerned with customer satisfaction. Thus, the idea of merger between the two becomes somewhat impossible. However, in 1982 Toyota Motor Company merges with its sale arm forming a 120 billion yen corporation (Toyota in Merger 1982).
In the case of Lester, it should be noted that it is the sales arm of Shang-wa in the United States. Having formed a strategic alliance with each other, both companies are contemplating in combining their resources for their mutual benefit through a merger.
The decision of fusion between the two business organizations has been met by difficulties of how to merge their different cultures. In the end, however, the efforts come into fruition with the emergence of culture focused on efficiency and creativity (Dillon 2006).
Ford Motor Company lags behind Toyota in terms of car sales gaining it the reputation of the third largest automaker in the world. In 2006, the company has been reported to be in discussion for a possible merger with one of its competitor General Motors (Bunkley 2006). However, in the end, the automotive industry saw that this venture failed to materialize because of the lack of strong motivation and benefits which can be derived. Like the real world example from Ford, Lester as well as Shang-wa wants to be acquired by their competitors namely TEC and Avral, respectively. Like General Motors, these acquirers want to beef up their portfolio with companies which have already built a strength of their own.
The failure of the proposed merger between the Ford and General Motors did not change the status quo. Ford still operates and competes with General Motors and vice versa. Both business organizations retain the manufacture and distribution of their product lines as well as exercise autonomy in their decision making.
Step 2.
Toyota has been known in the business world because of its commitment in pursuing manufacturing and operational efficiency. Its quest in finding the most cost efficient manufacturing process is rewarded by its discovery of the lean manufacturing system which makes use of the Just-in-Time inventory system (Dillon 2006). In this manufacturing philosophy, Toyota eliminates wastage or non-value adding processes or resources within its value chain in order to economize. However, it also maintains the quality of its product by ensuring that creativity is not compromised within the manufacturing process. In the Just-in-Time inventory system, cars are manufactured based on consumer demand. Parts are semi-assembled and are finally put together by a team whose members have diverse specialization. Employee empowerment has also been important as Toyota allows their employees to take charge and make their own decision if the need arises. The decision of Toyota to merge with its distribution arm highlights its strategy of pooling resources in order ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Investment Alternative Benchmarking for Bernard Lester Case Study”, n.d.)
Investment Alternative Benchmarking for Bernard Lester Case Study. Retrieved from
(Investment Alternative Benchmarking for Bernard Lester Case Study)
Investment Alternative Benchmarking for Bernard Lester Case Study.
“Investment Alternative Benchmarking for Bernard Lester Case Study”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Investment Alternative Benchmarking for Bernard Lester


... discovered in phase 1. This process was scheduled for ninety days. It was aimed to track the supply chain activity and maximize the trained labor force of GMM by hiring the company’s personnel who helped in implementing the new system and processes. The final step was implementation which delivered GMM a high return on investment within a year of operation. The approach was so effective that the company was able to reduce its transportation cost by 15%. The result did exceed the expectation level of GMM. The benchmarking process reduced the transportation cost of GMM, decreased its freight cost and cost of inventory and eliminated shutdowns. The software that was introduced by Penske was one of the biggest achievements for the company...
14 Pages(3500 words)Assignment


...? Benchmarking Sustainability Table of contents Introduction 2. Sustainability in the process of benchmarking 3. Benchmarking sustainability for different business types 4. Application of benchmarking sustainable practices 5. Problems with benchmarking 6. Forms of benchmarking 7. Importance of benchmarking sustainability 8. Conclusion Benchmarking Sustainability Introduction: The Benchmarking Sustainability practices in firms are used in different contexts and usually refer to practices applied to achieve the strategic and operational goals. Benchmarking is used to compare the processes of one business to the best of the industry or to the best practices from other industries. There may be many dimensions that are measured such as quality...
14 Pages(3500 words)Book Report/Review


... Appendices 2: 25 Appendices 3: 26 Introduction This report uses all the benchmarking techniques in order to compare the two companies that belong to the same industry, almost have same market environment and target customers. The objective of this report is to highlight the methods that could give an exact idea of the performance of the companies and how well they use their resources. This report doesn’t consider just one perspective for the judgment of the company. Its discussion is on the basis of both the financial and non-financial factors of the company. Besides these market perception and working environment with the potential of and for the workforce have been order to gain the complete perspective of the companies...
20 Pages(5000 words)Essay


..."Benchmarking " and Section # of "Benchmarking" The following pages include the meaning and analysis of Benchmarking, the Process of benchmarking. Background of the Billing department Canon Hong Kong and the company portfolio. Main Body of the Report: Introduction: The subject of the report is Benchmarking .Wherein Internal Benchmarking and External Benchmarking will specifically be discussed. Furthermore, the purpose of the report on the following pages will be twofold: 1) Answering the question, if benchmarking is intended to set world class standards for organizations to aspire to. 2) Discussing an organizations process and how internal and external benchmarking is setup and implemented in that particular organizational process...
14 Pages(3500 words)Essay


...Benchmarking A major portion of the cost of products is the cost of the raw materials or components with which the product is assembled or manufactured. Therefore purchase can be said to be the vital input on which an organization’s profitability depends. Purchasing is important whenever the organization concerned spends a significant proportion of its income on purchasing goods and services to allow it to do business. (Farmer 1997). Benchmarking is the tool that is used to advance the practice of purchasing from ordinary to exceptional. It is used to set targets that are required to be ultimately achieved by the purchaser. It is useful in assessing the company’s strength or weakness in the purchase process vis-à-vis the suppliers...
8 Pages(2000 words)Essay

Lester Electronics Gap Analysis

The process of merger is set in motion by Shang-wa CEO John Lin, as he thinks that the merger will give his company a much needed secured future. On the other hand, Lester Electronics CEO Bernard Lester feels that the merger will prevent future revenue losses. These merger plans were initiated by the actions of two other companies, Transnational Electronics and Avral Electronics, who try to take over Shang-wa and Lester Electronics respectively. But, if the merger plans between Lester and Shang-wa gets actualized it will nullify the other two companies take over bid. Along with that advantage, the merger will also create a lot of opportunities and bring in profits. But, even with all the opportunities, there exist some financial i...
6 Pages(1500 words)Essay

Alternative Benchmarking

...Part I The business world in the 21st century has become an extremely competitive environment in which corporation seeks alternative arrangements to join forces with other players to ensure it’s current and long term survival. Some of the options available for the two companies to interchange resources are joint ventures, strategic alliances, hostile takeover, minority ownership, partnerships and exporting. The Lester Electronics scenario demonstrates a case in which many players are negotiating and evaluating different alternatives to buy equity sell equity or join forces with another player in the industry. Lester Electronics had an exclusivity agreement to purchase its electronic supplies from Shangwa – Electronics which helped...
2 Pages(500 words)Essay

Bernard Madoff Investment Securities Scandal

...Bernard Madoff Investment Securities Scandal Bernard Lawrence "Bernie" Madoff is one of the greatest frauds ever witnessed in American stockmarket history. He was succeeded in defrauding thousands of investors and billions of dollars. Even though Madoff started his fraud activities in the 1980’s, he was succeeded in escaping from the eyes of law till 2009. On June 29, 2009, Madoff was sentenced to 150 years of imprisonment by the court. This paper briefly explains Bernard Madoff’s investment securities scandal. Bernard Madoff Investment Securities Scandal “Bernard Madoff is the investment manager who defrauded investors of up to $50 billion in what might be the largest swindle in Wall Street history” (Bernard Madoff, Business Personality...
5 Pages(1250 words)Research Paper


...Running Head: Bench marking Topic:  Benchmarking School Introduction Benchmarking, according to Andersen and Pettersen (1996), is a common process through which organizations measure particular aspects of performance against established group norms, previous performance or future performance. Such comparisons are often made to generate reports. The resulting information in the reports can then be used by both statisticians and decision makers to understand the facts pertaining to a particular business issue of interest. One common use of analyzed data in comparing business performance can be seen in the use of different kinds of statistical data...
1 Pages(250 words)Assignment


...Benchmarking Introduction Benchmarking is a tool widely used in the business world. Companies use this form of management as a point of reference. Benchmarking is a tool that companies use to compare its operation to other operation (Watson, 2007). The benchmarks are set standards that are higher with which companies use as yard sticks in determing their performances. It is additionally a way businesses evaluates the healthiness of their processes and business. Basically benchmarking involves the process of studying the general industry and the competitive practices. It is used as a way of gauging a company’s success and pin pointing the company’s shortcomings. Benchmarking is used widely across all kinds of companies; private, public...
2 Pages(500 words)Essay

Bernard Shaw and the Fabian Society

Such was the magnitude of capitalism’s failure” (Holroyd, 1988, 124-25). Various groups of like-minded individuals began to form, proposing the first one, then another, a form of social order and the role of the individual that would address some of the pressing needs of the starving lower classes. One of the organizations that arose out of this chaos was the Socialist Fabian Society, which attracted thinkers such as Shaw. The individuals who gravitated to this group planned to use their literary and sociological skills to reorganize the country and its economy through a kind of peaceful revolution. Knowledge of the Fabian Society’s beginnings and direction can help to understand Shaw’s fictional writings a...
11 Pages(2750 words)Essay

Alternative Dispute Resolution Based on the English Legal System

In early England, the King’s common-law courts were seen to be effective in dealing with legal matters and provided better justice. These common-law courts were the competitors of the usual manorial courts in providing justice in a faster and more inexpensive manner. At present, the administrative tribunals have become a part of the legal order. Furthermore, they act as an alternative means to resolve disputes that pertain to specific areas (Mackie).

Arbitration in an international context was established by the Jay Treaty between the USA and the UK in 1794. The Permanent Court of Arbitration was founded in The Hague in the year 1899, and it consisted of several arbiters for international conflicts. This court had...
11 Pages(2750 words)Term Paper

Property Investment Analysis

The Red Book valuation figures offer useful guidance on valuation, however they contain overlapping material from diverse sources. The Mallinson Report has identified the need for the RICS to publish a single, comprehensive and user friendly source of standards for valuers and establish a single point of coordination in the institution’s delivery of valuation services. The Report also states that the information provided needs to be more specific so that it place more specific further education demands on valuers. Additionally, there must be additional power provided to the Institution to investigate problem cases and take disciplinary action when it becomes necessary, despite the possibility of courts exerting a restricting...
13 Pages(3250 words)Assignment

A Small Sports Car as an Investment

The purpose of this report is to determine the “best bang for the buck” if a consumer was looking to purchase a small sports car. A car purchase should be treated as an investment, even though we know that spending money on a vehicle with the high gasoline prices and insurance premiums is probably the worst type of investment money can buy. Therefore, the ultimate purpose is to guide this expenditure in reaping the maximum benefits available.
I will be researching on 2006 2-seated vehicles in the price range of $30,000 - $50,000 in today’s market. The idea is to keep it within the price range mentioned above, so more expensive cars such as Benz CLK and lower-end vehicles such as Honda Civics are not included...
12 Pages(3000 words)Research Paper

Investment Appraisal and Management Control

... more than one IRR Cannot be used for least cost situations Does not help in choosing between alternative projects Mathematical problems Timing problem (Viswanath, 2008) (Business-UIUC, 2008) Profitability Index: Profitability index is also called benefit cost ratio. This is a good tool for ranking projects as it highlights on the amount of value created per unit of investment. Profitability index is closely related to net present value rule and generally leads to similar decisions. Adding the net present value and the intial investment and dividing by the intial investment calculate profitability index. (Finance Scholar, 2008) The formula used to calculate Profitability Index: (PV of future cash flows - Intial Investment...
14 Pages(3500 words)Report

Stranger than Fiction: Bernard Malamud

It was the nerve raking reality of the Holocaust that moved him to question his religious and ethnic identity5. As a result, he got immensely interested in Jewish tradition and history. According to Malamud, “I was concerned with what Jews stood for, with their getting down to the bare bones of things. I was concerned with their ethnicity- how Jews felt they had to live in order to go on living.”6
Most of the works of literature drafted by Malamud exhibit a strange mix of truth and fantasy and have often been allocated to the ambit of “parables, myths, and allegories.”7 There is no denying the fact that Malamud’s stories and novels have a clear cut moral objective. In fact, Malamud happened to be...
10 Pages(2500 words)Assignment

Implications for Personal Investment

The assumption of perfect rationality can be rebutted by the fact that rationality is not the sole driver of human behaviour. On the contrary, our behaviour is contingent upon emotions such as love, fear, pain, and pleasure etc. Human beings only use their intellectual power to achieve or avoid these emotional outcomes (Pompian 2006). Secondly, the assumption of self-interested is also not deemed to be practical because many sociological studies have shown that people are not always self-interested. Had this been the case, then there would not have been a single philanthropist in the world, even people would have avoided negative behaviour such as suicide and alcoholism. The final assumption of perfect information also does not ho...
6 Pages(1500 words)Coursework

Bernard Madoff : A Scapegoat of the Economic Crisis

Darwin was condemned and treated with contempt by the Church for proposing the theory of evolution that linked all living matter in the earth, including humans. In the case of Bertrand Russell, he was imprisoned as a conscientious objector, for expressing his opposition to British participation in the First World War. These are typical examples of people being wrongfully punished when they were guilty of no crime or fraud or misdoing. It would be highly improper to associate Bernard Madoff with the aforementioned luminaries, for he was truly guilty of carrying out the biggest financial fraud in modern history. At the same time, it would be simplistic to classify him as a victim of the contemporary judicial system. The truth, in fa...
6 Pages(1500 words)Assignment

Alternative Methods of Accounting

... of the economic costs of using scarce resources to produce one particular good or service in terms of the alternatives thereby forgone (Credo Reference, 2010). The use of economic profits has helped managers improve their decision making. An industry that been positively influence by the use of economic value added (EVA) is the banking industry (Kimball, 1998). EVA is a metric that calculates the economic profits of a business. In the article The Transformation of the Corporation: Employee Capitalism the concept of EVA is presented as a way to measure the added value of investing in human capital. According to Peter Drucker economic value added provides companies with a measure of total factor productivity (Steward & Schonburg, 1999...
8 Pages(2000 words)Article

An Alternative Approach to an Epistemology of Observation

To a large part, these two categories of the means by which humans are able to engage the world around them and determine useful inference are largely true; however, there are a few notable exceptions to this. Rather than merely glossing over these exceptions and emphasizing upon the broad applicability of this particular determination of human thought and knowledge acquisition, it will be the express intent of this particular analysis to define the ways in which this statement is correct – as well as define the way in which this statement is incorrect and ultimately misses the mark of understanding the human experience and the means by which knowledge is obtained/achieved. Though such a careful deconstruction of the above s...
7 Pages(1750 words)Assignment
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 Case Study on topic Investment Alternative Benchmarking for Bernard Lester for FREE!

Contact Us