scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 629
Connellys financial policy he reduced debt equity ratio from 42 to 3 He re-purchased all preferred stock to avoid cash payment dividends then he applied excess cash to buy common stock Connellys industrial strategy consisted he maintained the core business locally where the competition is high and concentrated in addition to that he expanded in the international market He was cost conscience which made him stop Research and Development instead he market driven where competitors to develop new technologies and he adopts them Lower capital employedWhen Connelly took over the company it was nearly bankrupt he cut the organization and gave profit and loss responsibility to plant manager which drove the company to recovery Based on his financial policy and strategies the earning per share kept growing and from 1980 to 1989 the company was growing by average 114 Question 2Avery was risk taker his greater passion was the global market which resulted in him maximizing the of the companys debtequity ratio to a value greater than 100 through aggressive acquisitions of new opportunities especially in emerging countries through acquiring new plants Avery managed to maximize the synergies by consolidation He managed to reduce the admin cost from 6 to 3 of sales He rose earning per stock but the quality of the stock was low due to the volatility of the value He established Research and development has sophisticated customers and he focused his strategy on product diversificationQuestion 3The US container market had approximately 66 billion in sales and it was dominated by 6 major players The growth in was fairly stable from 2 to 3 annually Although the growth is stable the dynamics of this industry keeps changing do to new technologies The industry in the US had a wave of consolidations due to three main factorsOver capacity in packaging materialCostumers looking for efficiency and cost saving by limiting suppliers Emerging of new packaging materialThe Europe container market
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA