Preview

Transworld Auto Parts Part A 22705 Aut 2015

Powerful Essays
Open Document
Open Document
7289 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Transworld Auto Parts Part A 22705 Aut 2015
For exclusive use University of Technology Sydney, 2015

9-110-027
REV: AUGUST 8, 2011

V. G. NARAYANAN
LISA BREM

Tra answorrld Auto Partss (A)1
It was an unussually cool an nd foggy mo orning in the summer of 22009, but Ellen Bright, CE
EO of
Transsworld Auto Parts (TAP), was too preo occupied to n notice the weeather. She w was focused o on the two balanced b scorecards beforee her. One, frrom the luxurry division, sshowed stron ng financial reesults; whilee the other, from the econo omy division,, reported dissappointing ffinancial perfformance but good progrress in achiev ving the targeets for its no on-financial g goals. She wo ould soon bee meeting witth the headss of each diviision and wo ondered whatt feedback sh he should giv ve them abou ut their progrress in impleementing theiir strategies. With TAP’s future f on thee line, any m misstep she m made now cou uld be irrepa arable.
TA
AP, a $6.6 billion b subsid diary of a U.S.
U
diversifieed manufactu uring compaany, was a T
Tier 1 manu ufacturer of original o and after-market a parts p for auto omobile prod ducers in the United Statees and abroa ad. TAP had been directly y affected by the downturrn in the auto o industry (ssee TAP’s financial reports in Exhibit 1). Major cusstomers, inclu uding Chrysleer and Generral Motors, weere on the brink of insolv vency, and ev ven robust ca ar makers, su uch as Toyotaa and Honda, were selling g many feweer cars amidsst the global recession. r Th he parent com mpany had hired h Ellen Brright, a veterran in the autto and aerosp pace industriies, in
Octob
ber 2008 to tu urn TAP arou und. The dissmal 2008 ressults and pro ojections for 2009 led Brig ght to conclu ude that she had to make radical cha anges in strattegy and theen implementt the new strrategy flawleessly. She had d no room forr error. If shee were successsful, however, TAP could d take advantaage of opporrtunities in the t troubled auto industrry. She recallled a recent report that outlined botth the

You May Also Find These Documents Helpful

  • Powerful Essays

    Massey A7

    • 1335 Words
    • 9 Pages

    CASE STUDY MASSEY-FERGUSON 1980 Group A7: • Elisenda Sumarroca • Martin Von Vopelius • Finn Pilath • Dimitris Sotiriou • Lorenzo Masserini • Ilia Antipov Q1: DESCRIBE THE INDUSTRY AND THE KEY FACTORS TO BE SUCCESSFUL Industry • Competition between large multinational companies with a large portfolio of products and medium to small companies with a limited range of products. • Main companies in North America: Deere & Co, Massey-Fergusson and International Harvester.…

    • 1335 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    30. (a2b3)(-ab2)=(a*a*b*b*b) x (-a*b*b) ANSWER = -a^3b^5 80. Write a simplified expression for the area of the given figure. 4y2=…

    • 446 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Gulf Coast Motor

    • 2311 Words
    • 10 Pages

    This course includes a challenging Course Project due in Week 6. Because of this, you will need to spend additional time and effort throughout the course to work on your project rather than wait until Week 6. The subject of the project may be based on any Case from any chapter assigned in this course. Examples are Case 10.3- Montgomery v. English on page 175 and Case 14.2- Page v. Gulf Coast Motors on page 111. Choose the case you wish to research and then do the following:…

    • 2311 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    Setco Automotive

    • 390 Words
    • 2 Pages

    Setco Automotive is not the type of company that gives out incentives to their employees. The only items is a twenty-five dollar gift card on Thanksgiving and Christmas it is all about work. However, this company the only worry is about was making money no matter what it takes. These new people that have taken new ownership of Haldex Brake System. Furthermore, Setco Automotive management team only care about the company interest and not the employees. We never receive thank you or job well done from anyone, all they say is did you get that order out or how many more parts do you have before the order is complete.…

    • 390 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    case study

    • 1136 Words
    • 10 Pages

    Upon being hired, he began looking over the financial statements, particularly the balance sheet as of December 31, 1998 and the pro forma income statement for 1999 as shown in Figure 1 and 2, respectively. His immediate reaction was that the firm had not made the move to automation that others in the industry had. The company’s manufacturing process was highly labor intensive as indicated by the fact that fixed assets (net plant and equipment) represented only $8 million out of total assets of $24 million (Figure 1) and that variable costs per unit were $25 in comparison to a sales price of $30 per unit (Figure 2).…

    • 1136 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    MKT 475W5Q4

    • 1239 Words
    • 13 Pages

    This quiz consist of 30 multiple choice questions. The first 15 questions cover the material in Chapter 6. The second 15 questions cover the material in Chapter 7. Be sure you are in the correct Chapter when you take the quiz.…

    • 1239 Words
    • 13 Pages
    Satisfactory Essays
  • Powerful Essays

    Transworld Auto Parts

    • 1116 Words
    • 5 Pages

    Situational Analysis: Transworld Auto Parts belongs in the automobile manufacturing industry. This industry is very susceptible to industry trends and changes because much of the industry’s sales depends on the external environment which affects both consumer and supplier behavior. During 2008 when the economy experienced a global recession, many auto makers such as Chrysler and General Motors were on the brink of insolvency due to the decline in car sales. Utilizing the PESTEL framework to better understand the macro-environment, the recession reflects economic factors in the external environment which can influence the industry. The recession affected consumers in the sense that they possessed less disposable income, causing them to be less inclined to purchase new cars during this time. However, other aspects of the external environment can benefit firms within this industry. For example, with the rising automobile production in Asia, many suppliers can consider global expansion and developing sales in international markets. Many car manufacturers in Asia possess low labor costs and a great demand in local markets, so suppliers within the industry have this opportunity to expand.…

    • 1116 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    As of June 2013, who are the decision makers in the case? What business decision is each faced with that good FSAV could help improve the quality of? (2 pts)…

    • 694 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    I was traveling south out of the I-35 Belle Plaine rest area when I observed a gold Toyota truck cross the fog line and make two lane changes without using a signal. The vehicle was followed for about 5 miles until it was stopped at south I-35 mile marker 19. When I made contact with the driver I asked for his DL and Insurance. The driver was identified as Joshua Aaron Hansen with a TX DL# 28841838, Hansen was driving a 2002 Toyota truck with Vin #5TBRT38152S294792. I asked Hansen why he was driving all over the road and not signaling his lane changes. He said it was due to him messing with a portable DVD player for his son who was in the back seat of the truck.…

    • 556 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Note that case Exhibit 8 presents an estimate of the amount of borrowing needed. Assume that maximum debt capacity is, as a matter of policy, 40% of the…

    • 5538 Words
    • 19 Pages
    Good Essays
  • Good Essays

    1100 CJ 2012 05s Feb

    • 874 Words
    • 4 Pages

    Under the rules of evidence, what happens when police improperly collect evidence? It can be declared inadmissible.…

    • 874 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Acct1501 Tut Sol W5

    • 1054 Words
    • 5 Pages

    DQ4. 14 The main reason for not including human capital on the balance sheet is the measurement problem. If we take the consulting firm, the problem is putting a dollar figure on each staff member. Would it be based on years of past service, years to retirement, ability to generate future revenues etc. There is also an issue of control, as you will see in later chapters. Options for measurement include: i Present value of future profits generated by firms ii Amounts previously spent on training iii Cost of obtaining a replacement and training that person.…

    • 1054 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Conversion of Debt exchanges convertible bonds for preferred or common stocks depending on predetermined features at issuance. The accounting treatment of this approach is using book value method, $1,200,000 bonds payable and $140,000 accrued interest, and will not recognize any gains or losses in this case (Kieso et al., 885). However, this treatment does not apply for New World, which is a private placement of debt rather than convertible debt, according to the FASB Codification (Codification, 470-50-05-20). For debt without conversion rights, the extinguishment of debt approach applies (Codification, 470-50-15-2).…

    • 773 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    RV CV 07

    • 940 Words
    • 4 Pages

    I am reliable, punctual, self motivated and enthusiastic, with a strong work ethic and positive attitude. I have a good sense of humour, love working in a team, but I also work confidently and effectively on my own. I am patient with the ability to be firm when necessary. I really enjoy working in a busy environment and aspire to work in education and with young children (eventually specialising in working with disadvantaged children). I have good communication and ‘people’ skills. I am flexible and enjoy learning new skills and have enjoyed working in different environments. This has given me so much experience. I would welcome the opportunity to further my education/training to ensure I can do any job to the best of my ability.…

    • 940 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Acct1501 Wk1

    • 4713 Words
    • 19 Pages

    Welcome to Accounting and Financial Management 1A. In this first lecture you will be introduced to the lecture staff on the course and be given the Course Outline. We will be outlining the objectives of the subject, its structure and requirements as described in the Course Outline and answer any questions you may have about the course. We will be referring to the Woolworths 2007 Annual Report (WW2007) throughout the course. The annual report is included as an appendix in your course textbook (Trotman & Gibbons (T&G) pages 709-748). We will then begin to explore the nature of accounting and introduce general purpose financial reports.…

    • 4713 Words
    • 19 Pages
    Powerful Essays