… hate this process part he he he….
Products, Solutions, and Workers
Sullivan Kia Auto Universe operated the Sales and Service departments. The Sales Department's features include sale of cars/trucks and used automobiles. It is also involved in trading of the buyer's previously-owned vehicles and buying of well-maintained used vehicles at public auction for sale. The department is composed of a sales manager, eight sales people, workplace manager, and secretary. However , one product sales staff features given notice of his resignation.
The Service Office is composed of something manager, parts supervisor, seven mechanics, and two support writers.
Facilities and Service
The dealership is located by a major suv highway area and the surrounding area has its own new housing developments. Even though the showroom was impressive, the service center was not noticeable from the motorway and invisible behind the showroom.
Statement of the Issue
How if the new standard manager of Sullivan Ford Auto Community resolve their current financial problems and decide on the continuing future of the company?
• To identify the marketing and operational problems influencing the over-all performance of the company; • To examine the strongest and weakest points of the business, as well as, the opportunities and threats towards the industry impacting it; • To determine in case the company can sustain a competitive edge in the car dealership industry despite threats from the other competitors; and • To provide alternatives to get the company in planning for future.
Areas of Concern
Point –of- View
The analysis and advice shall be aimed at the point of view with the new standard manager, Carol Sullivan-Diaz. Her primary work was to make sure the profitability from the entire store by selling vehicles, controlling expenses, and maintaining customer satisfaction. Being a general manager, her responsibilities also include preparing, motivating, and coordinating the dealership's supervision through leadership and stable business procedures.
Then simply analysis was based on information on the company, marketplace, and monetary conditions provided in the case because set in 99. However , analysis was made to verify the existing economic situation during those times. Data, graphs, and additional details were incorporated in the case to get a realistic examination of the industry and organization environment.
The 1997 Oriental Financial Crisis and its particular Effects for the US Economic climate The Hard anodized cookware financial crisis was initiated simply by two times of money depreciation which have been occurring since early summer season 1997. The first rounded was a high drop inside the value in the Thai baht, Malaysian ringgit, Philippine balanza, and Indonesian rupiah. Mainly because these currencies stabilized, the second round began with downward challenges hitting the Taiwan dollar, South Korean received, Brazilian real, Singaporean buck, and Hong Kong dollar. Government authorities have countered the weak spot in their foreign currencies by selling foreign exchange reserves and raising rates of interest, which, subsequently, have stunted economic development and have built interest-bearing investments more attractive than equities. The currency crises also has uncovered severe concerns in the banking and financial sectors of the troubled Asian economies. The International Financial Fund offers arranged support packages pertaining to Thailand, Indonesia, and South Korea. The packages incorporate an initial infusion of cash with conditions that must be met for additional financial loans to be made available. This financial crisis is of interest to the U. S. federal government for several reasons. First, attempts to resolve the issues are led by the IMF with co-operation from the World Bank and Asian Expansion Bank and pledges of standby credit rating from the Exchange Stabilization Fund of the United States. Second, financial markets are interlinked. What happens...