Introduction In November 1997, the acquisition of APL by NOL was successful. As compared to the larger US based APL; NOL was a small Singapore firm. Through this acquisition, it appeared that NOL was ready to become an industry leader in the shipping industry. Thus this acquisition is a strategy through which NOL buys a controlling, 100 per cent, interest in APL with the intent of making the acquired firm a subsidiary business within its portfolio. Thus APL became a wholly owned subsidiary of Singapore based NOL, a global transportation and logistics company engaged in shipping and related businesses. Below is the study of the problems and strategies that NOL faced or is facing during the acquisition and integration of APL. …show more content…
2) Corporate Culture As separate management structures were maintained for NOL/APL, the corporate culture of both firms differs greatly from each other. APL had a strong American culture that encouraged flexibility, innovation and change whereas NOL was a typical Singapore firm, organized, disciplined and highly conservative. 3) Economic Crisis in July 1997 The Asian Financial Crisis was a period of financial crisis that gripped much of Asia beginning in July 1997, and raised fears of a worldwide economic meltdown (financial contagion). It is also commonly referred to as the IMF crisis. For NOL, the decision to acquire APL caused a major problem. Its debt level increased significantly due to the cost of acquiring APL and for taking on APL’s debt. In October 1998, NOL placed assets worth S$544 million for sale. Major items included its landmark HQ building, four vessels, property in several countries, stakes in several companies and 60,000 containers. Internal measures also included a wage freeze and voluntary pay cuts of between 5-10% for senior executives. The annual dinner was also scrapped. These were all measures taken to reduce corporate debt. Organizational Controls Strategic control By adopting all of APL’s systems for the combined entity’s IT framework, NOL would build and maintain a truly global
Starting a business can be an exciting time for an entrepreneur but new market concepts and opportunities are useless without the strategies to operate the company to success. Day to day strategies are needed to achieve the organizations goals. The largest expense of any company is usually the compensation strategy. The face of the retail company is the service staff and their relation to the customer are paramount to success. Firms are in competition to find qualified, engaged employees. The pressure for an organization to get it right is the key to competitive success. Companies now look to creative compensation strategies to create a environment that employees want to
Ques 1: Draw a detailed process flow map of the current process at receiving Plant#1. What is the capacity of each operation in the process?
Omni Automated Systems has over 40 years of experience in manufacturing state of the art electronic assembly equipment. The company sells equipment to electronics manufacturers. Bob Waters is a field sales engineer working for Omni and he has received news that he has lost a sale with Gentech Office Equipment Company. Gentech manufactures a variety of office equipment. They have recently fallen behind in the industry and have experienced market share and profit margin erosion. In order to turn this around they are looking to revamp, modernize, and automate its manufacturing facilities. They will need a new soldering line to automate their manufacturing and are looking to purchase a robotic test cell. Steve Anderson is the purchasing agent
Q1. Review the case details Exhibit 5 “Survey Questionnaire and Response Distributions” and Exhibit 6 “Buckingham’s pricing matrix worksheet.” Complete filling in the pricing matrix worksheet for Exhibit 6 as taking the role of Larry Buckingham.
When entering a foreign market, as AOL entered the Brazilian Market, certain rules and regulations have to be followed. In case of AOL the controllable and uncontrollable elements are playing a significant role.
Specifications (i.e constraints) for the mixture demanded that Chemical E-11 must constitute for at least 15% of the blend, C-92 and C-30 must together constitute at least 45% of the
The novel Sula, is a work which contrasts the lives of its two main characters Nel and Sula. They appear, on the surface, to be the epidemy of binary opposites but this is in actuality their underlying bond. The differences in their personalities complement one another in a way that forges an almost unbreakable alliance. Sula is compulsive and uncontrollable while her counterpart, Nel, is sensible and principled. To prove Nel human by subscribing to the theory that a human is one who possess both good and bad traits, one must only look at how she interacts with Sula, here both negative and positive traits are evident.Nel’s "good" traits obviously come to the forefront when looking at her character. One might say this is a result
After graduation, I joined the laboratory of Dr. Alan Schechter in the National Institute of Diabetes and Digestive and Kidney Diseases as a NIH Postbaccalaureate Fellow. Although I was ready to pursue doctoral studies after undergraduate, my experience at NIH has prepared me as a person, not only as a student. I have the confidence to weigh choices and make the right decision. Through the guidance of my PI, a clinical mentor, I always hear in the back of my mind “so, how does this relate [to humans]?”. I know how to get stakeholders of a project onboard and keep them on board while on budget and on time. Being open to others’ suggestions and ideas from differing viewpoints and backgrounds, I know how to ask for help, receive help, and
Case Example A: Elaine has sued Jerry because Jerry fired her. Elaine was on the job for two months.The job offer letter that Jerry had sent her mentioned the great career opportunities at the company and stated that her annual salary would be $30,000. The company is an employment‐at‐will employer. Elaine was given no reason for the termination. After the termination, Jerry hired a man named Kramer, who had less job experience and education than Elaine, for the position. Elaine has sued to get her job back.
In Sula, we are introduced to two children Nel and Sula who are exposed to the harsh reality of life at a young age that children aren’t normally exposed to so early in their development. Sula who can be described as spontaneous and aggressive is quite the opposite from her counterpart, Nel, seems to always be quiet. Although the two seems to blend and meld into the perfect friend. They can be so similar sometimes to that Sula's grandmother Eva has referred to them as one person instead of the two people that they are.
NCIS is one of the longest running scripted primetime shows. NCIS follows fictional agents from the Naval Criminal Investigative Service through dramatic cases that can range from drug dealing to treason. The show features the same investigative team solving a new case every episode.Working from their headquarters in the Navy Yard they respond to call from Virginia to Maryland. In most cases NCIS works with multiple agents from local and/or federal agencies. AS the show enters its fifteenth season making it the eighth longest running tv show on air.
AOL was founded in 1985, at first it was Quantum Computer Systems, which was a popular interactive service providing Company served with content and its dial up modems services to the residential customers. This internet service provider Company was the first company which does not required a terminal standard program but only needed use of proprietary software. It was an easy service for even those customers who were almost unfamiliar with the computer or internet use. ; Where as its main competitor “CompuServe “was only focused to the technical community. In 1991 Quantum Computer Systems changed its name into American Online Inc (AOL)and start providing its service to World Wide Web. In late 1990’s, its simple and spontaneous interface and the forceful marketing strategy made it a fast growing company, which afterward made huge acquisitions and geographical expansion. AOL made an aggressive marketing strategy to create its appearance more attractive and more desired.
NTA & PEP Case Analysis The nuclear tube assembly room is a production unit of the American Radiatronics Corporation, one of the leading producers and an early pioneer in the nuclear electronics industry. This case deals with the approach of a manager Ralph Langley which lead to a massive improvement in the productivity of the department and about the methods are being considered to be put into action to improve the department even more and how these changes will affect the organization and employee’s . Considering the fact that Ralph transformed a hot headed and chaotic group into a highly motivated and productive group shows that he was a good and successful manager. He achieved this by helping his co-workers under him in their work and
Below is the study of the problems and strategies that NOL faced or is facing during the acquisition and integration of APL.
It is assumed that they will be offering both French and English classes during weekday and weekend with OILT. But without a clear understanding of the new targeted market, it is difficult to estimate a sales number. In this calculation, instead of looking at the profit based on an assumed number of sales, the profitability of the OILT programs is evaluated using the same level of sales as proposed in Scenario 3 with RELE. The comparison of the profitability can reveal the different franchise fee structure and its impact on profitability.