After the warranty has expired, customers are encouraged to address their requests to the repair service within the company.
d. Pricing Strategies

In order to adopt the most appropriate pricing strategy, Sabertooth took into consideration the comparative advantages that differentiate their products from the competitors' products, the costs that needed to be covered, the profits that have to be registered and also the need to set an affordable price for the future clientele. In order to meet all these demands, the price has to be established based on a combination of three pricing strategies: Competitive Pricing, Cost Plus Mark-Up and the undling and Quantity Discounts.

The first strategy to implement regarding pricing is the Competitive Pricing. This strategy is used so that Sabertooth does not promote a considerably higher price than Charon Tires Inc. And Course Tire Ltd. And in order to insure the tires' competitiveness on the market.

The second strategy used…...

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Bibliography

IFAS and EFAS, Strategic Business Planning, What Tools Are Useful in Assessing Strengths and Weaknesses? accessed on September 21, 2007http://209.85.135.104/search?q=cache:b6fa13O__2kJ:www.agecon.purdue.edu/staff/gray/Extension/Strategic%2520Planning/internal.ppt+internal+environment&hl=en&ct=clnk&cd=2,last

Marketing Teacher Ltd., SWOT Analysis: Lesson, 2007,   last accessed on September 21, 2007http://marketingteacher.com/Lessons/lesson_swot.htm ,

Tutor 2 U, Marketing Objectives, SMART Objectives,   last accessed on September 24, 2007http://www.tutor2u.net/business/presentations/marketing/marketingobjectives/default.html ,

Target Market Selection, Net MBA, Business Knowledge Center, 2007

Tire Industry
Tire manufacturing

This is an industry analysis of the tire manufacturing industry. It has sources.

The Industry's dominant economic features

Porters Five Forces

-- the rivalry amoung competiting sellers in the industry

the potential entry of new competitors

-Wining customers over their own substitute products

Supplier-seller collaboration and bargaining

-Seller-buyer collaboration and bargaining

Drivers of change in the industry

Companies in the Strongest/Weakest Positions

Key Success Factors for Competitive Success

The tire manufacturing industry is one of the most diversified and competitive industry in the U.S. Categorized by oligopoly business environment, the industry is a hub for mature key players like Goodyear, Michelin, Firestone, Bridgestone and Sears etc. New entrants find it hard to enter the industry because of the following characteristic business environment.

The Industry's dominant economic features

The tire industry is perhaps one of the most regulated industries. Although it is categorized by a few major players the basis of the competition and market size nevertheless rests in the hands of…...

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References

Nakra, Prema. Industry Analysis: Goodyear. Accessed on 23-10-2003 at  http://www.academic.marist.edu/~jzej/PartII.htm 

Federal Ranked #1 Taiwan Tire Manufacturer in Sales Growth for 2001. Accessed on 23-10-2003 at  http://www.federaltire.com.tw/NewsReleases_1.asp?NewsReleaseID=2 

Russell, John. Goodyear leaders say they are ready to meet challenges of tough times. Ridder Newspapers. Motorway.com Accessed on 23-10-2003 at http://lang.motorway.com/home/articles/goodyrtires.asp

Ludwig, Saul. Analyst Saul Ludwig paints an intimate portrait of the tire industry. Modern Tire Dealer. January 2003 Issue. Accessed on 23-10-2003 at  http://www.tireindustry.org/features/mtd_ludwig.asp

That is not the case with Tire City, as the company has only 19% of its capital structure in long-term debt and its debt/equity ratio is 0.39. Solvency is important because I need to know that in the short-term, the company can make its payments. Tire City has over $1 million in cash, has a strong current ratio and a low level of current maturities ($125,000).
Given that the current financial position is strong, the third thing I want to know is that the company is expected to maintain a strong financial position going forward. For this I note that sales are increasing, the net profit margin is stable, and the expansion of the business in terms of assets, retained earnings, sales and profits has been stable over the past five years, it appears that the company is positioned to continue with this growth over the coming years as well.…...

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Decision

As a lender, I would lend money to Tire City. There are three things I am looking for as a lender in this situation. The first is liquidity, the second is solvency and the third is growth. Liquidity is important because I would not want to lend to a company that was already highly leveraged. That is not the case with Tire City, as the company has only 19% of its capital structure in long-term debt and its debt/equity ratio is 0.39. Solvency is important because I need to know that in the short-term, the company can make its payments. Tire City has over $1 million in cash, has a strong current ratio and a low level of current maturities ($125,000).

Given that the current financial position is strong, the third thing I want to know is that the company is expected to maintain a strong financial position going forward. For this I note that sales are increasing, the net profit margin is stable, and the expansion of the business in terms of assets, retained earnings, sales and profits has been stable over the past five years, it appears that the company is positioned to continue with this growth over the coming years as well. Note that the covenants were met as of fiscal 1996, and are met easily in fiscal 1997. The company might be required to lower its inventory temporarily going forward, but cash was not included in the net working capital calculation and if we include it, then the covenant should easily met. Also encouraging is the evidence in the inventory and asset turnover ratios that Tire City is tightening its cash conversion ratio steadily, as this indicates not only improved efficiency but also that the company will have more cash available with which to make payments. I see little reason to believe that Tire City would have any difficulty at all making repayments, and I see a lot of reasons why lending them money would be a good investment.

Forensic and DNA (Tire Impression)
Tire impressions

Sometimes we fail to be conscious that every movement we make whether in a vehicle or on foot definitely leaves behind some kind of impression. Like the screeching off in a gateway car leaves tire tread marks. The tire impressions left can be subjected to forensic to determine the type of car which entered the place of crime.

Generally impression evidence will occur when a material or object takes on the form of another object especially in terms of direct physical contact. In a trial jury or a judge can consider any type of impression to act as evidence. Upon collection of the evidence by investigators then these impressions are used to find legitimate matches.

Tire impression can be left on within sand, snow, dirt, or mud sometimes on a victim where there is a crime scene. Such tire impressions are majorly collected by casting, photographing, or…...

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References

Bureau of Criminal Apprehension (2014) "Shoeprints and Tire Tracks" Minnesota Department of Public Safety. Retrieved February 10, 2014  https://dps.mn.gov/divisions/bca/Pages/default.aspx 

Fuller, John. (2008) "How Impression Evidence Works" HowStuffWorks.com. Retrieved February 10, 2014.  http://science.howstuffworks.com/impression-evidence.htm 

McDonald, P. (1993), Tire Impression Evidence, CRC Press,

Tired of Strategic Planning? Many Companies Get Little Value from Their Annual Strategic-Planning Process. It Should Be edesigned to Support eal-Time Strategy Making and to Encourage 'Creative Accidents'" by Eric D. Beinhocker and Sarah Kaplan, The McKinsey Quarterly, 2002
Definition of the business research and its purpose. Effective strategic planning has been cited as an absolute must for virtually all types of businesses today. Top executives have generally agreed that conducting strategic planning is one of the most important parts of their jobs (Beinhocker & Kaplan, 2002). As a result, most companies tend to invest a significant amount of time, effort and resources in a formal, annual strategic-planning process that typically ends with a series of business unit and corporate strategy reviews with the CEO and the top management team. However, the unfortunate reality for many companies is that not many executives are convinced that this time-consuming and expensive process…...

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References

Beinhocker, E.D. & Kaplan, S. (2002). Tired of Strategic Planning? Many Companies Get

Little Value from Their Annual Strategic-Planning Process. It Should Be Redesigned to Support Real-Time Strategy Making and to Encourage 'Creative Accidents'. The

McKinsey Quarterly, 49.

Appendix A

Tired, nor So Poor in Faith:
Jewish and Italian Immigration in Early 20th Century America

According to Nancy Foner's work, From Ellis Island to JFK: New York's Two Great aves of Immigration, "Emma Lazarus was wrong." The author of the famous poem emblazoned at the foot of the Statue of Liberty, Foner states, was inaccurate in her portrayal of immigrants to America as tired and huddled masses, simply yearning to breathe free. (Foner, Chapter 1) Instead, the "reasons why millions have left their homelands to come to America are complex and multifaceted. It has always been too simple to see immigration to this country as a quest for liberty and freedom." The quest for stability and community has proved equally important throughout the nation's history.

Foner points out that the majority of immigrants today come to the United States not by boat, but by airplane. "The extraordinary ethnic diversity of today's immigrants…...

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Works Cited

Diner, Hasia. Lower East Side Memories: A Jewish Place in America. Princeton: Princeton University Press, 2000.

Foner, Nancy.

From Ellis Island to JFK: New York's Two Great Waves of Immigration. New Haven: Yale University Press, 2002

Orsi, Robert. The Madonna of 115th Street: Faith and Community in Italian Harlem, 1880-1950. New Haven: Yale University Press, 2002.

Bridgestone Americas
The ability for a company to align its overall business strategy with all other aspects and operations within the functions of a corporate organization is the underlying challenge for leaders to overcome. The cohesiveness of an organization is reflected in its ability to seamless intertwine complex and delicate parts and pieces together to form a competent force that is designed to compete in tough and competitive markets. All business strategy should eventually examine its ability to create a competitive advantage within that industry by being efficient, economic and most importantly extremely effective.

The purpose of this essay is to examine the Bridgestone North America company for its demonstration of the synthesis between supply chain management and business management. This examination will investigate several key aspects about this company that explicitly show how change and improvement may be a directly resulted from a modification and alignment between these aspects of the…...

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References

Bridgestone Americas Corporate Website (nd). Viewed 13 April 2015. Retrieved from  http://www.bridgestone.com/responsibilities/csr/report/2011/topics/topics02.html 

Abdallah, T., Farhat, A., Diabat, A., & Kennedy, S. (2012). Green supply chains with carbon trading and environmental sourcing: Formulation and life cycle assessment. Applied Mathematical Modelling, 36(9), 4271-4285.

Chopra, S., & Sodhi, M.S. (2012). Managing risk to avoid supply-chain breakdown. MIT Sloan Management Review (Fall 2004).

Janvier-James, A.M. (2012). A new introduction to supply chains and supply chain management: Definitions and theories perspective. International Business Research, 5(1), p194.

As such, redesigning the logistics network to incorporate a more efficient strategy would provide Fireside Tire Organization with a greater competitive edge based on reduced cost of operation.
South Carolina authorities are very proactive and progressive in regards to working with companies to strengthen the logistics industry in their state. Working with authorities can increase the competitiveness of Fireside Tires as it situates itself in a new location. Moreover, adjustments in the logistics strategy can help reduce cost of operations for the organization. When any organization uses a logistics strategy that is not the most effective, they are losing out by leaking funds that could be saved using a more efficient logistics strategy. Here, the research suggests that "a reevaluation of logistics network and the functioning of the overall supply chain can frequently help to uncover new sources of such savings" (Gibson & Novack, 2013, p 525). As such, it…...

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References

Gibson, Brian J. & Novack, Robert a. (2013). Cengage Learning.

Hitt, Bob, Onge, Bob, & Newsome, Jim. (2012). TDL Council. New Carolina: South Carolina's Council on Competiveness. Web. http://www.newcarolina.org/clusters/tdlcouncil.aspx

Lowcountry Council of Governments. (2008). Lowcountry Distribution / Logistics Center Cluster Study. Low Country. Web. http://www.lowcountrycog.sc.gov/SiteCollectionDocuments/Planning%20Dept%20Documents/FINAL%20Report-Distribution-Logistics%20Study.pdft

O'Reilly, Joseph. (2008). The evolution of inbound logistics -- the Ford and Toyota legacy: Origin of the species. Inbound Logistics. Web.  http://www.inboundlogistics.com/cms/article/the-evolution-of-inbound-logistics-the-ford-and-toyota-legacy-origin-of-the-species/

The United Steelworkers struck over the proposed closing, and the strike dragged on for several weeks before being settled, causing problems throughout the company and their customers, as well. The strike began Oct. 5, and over 12,000 workers were involved in the strike. The strike was anticipated, so many retailers were able to stockpile Goodyear tires in an attempt to alleviate the affects of the strike, but smaller retailers, who could not afford that option, were harder hit, and ran out of tires during the strike. One reporter notes, "The strike has been especially painful to small retailers, who couldn't afford or didn't have the warehouse capacity to order extra tires before the walkout."
Larger companies, such as Ford and Caterpillar, who use Goodyear tires, stockpiled tires as well, but also rely on tires from other manufacturers, so they were not hard hit during the strike.

After three months, the strike…...

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References

Editors. 2007. Historic overview. Goodyear Tire & Rubber Company.   (Accessed November 13, 2007).http://www.goodyear.com/corporate/history/history_overview.html 

Editors. 2007. History of the company by year. Goodyear Tire & Rubber Company.   (Accessed November 13, 2007).http://www.goodyear.com/corporate/history/history_byyear.html 

Hall, Courtney Robert. History of American Industrial Science. New York: Library Publishers, 1954.

Leman, Jim. "Tire Evolution Rolls Along." Daily Herald (Arlington Heights, IL), March 28, 2005, 1.

Michelin Tires -- Marketing Analysis
Michelin has a unique opportunity to emerge from the financial recession that crippled the tire industry in 2009. Not only did the company survive this downturn, but they are better positioned to increase their market share as the industry rebounds. It was found that the company should further leverage its dedication to environmental sustainability to increase its product diversification. The company has already emerged as a leader in this pursuit and has brought to market innovative technologies that reduce fuel consumption on the vehicles that they are equipped with Michelin's tires. Michelin should work to further capital this competitive advantage. This strategy will work to carve out a niche in the short-term while better positioning the company for the inevitable increase in environmental regulations.

Company Overview

Michelin is a French owned tire manufacturer that has the highest percentage global market share controlling about fifteen percent of the global…...

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Works Cited

Bridgestone. (2002). Bridgestone. Retrieved from World Tyre Market Share:  http://www.bridgestone.eu/bfe/v/index.jsp?vgnextoid=000000000000000000033_2_48184articleRCRD&vgnextchannel=000000000000000000000000000000002159RCRD 

Burtynsky, E. (1999, November). Photographic Works. Retrieved July 12, 2012, from Dead Tire Graveyard: Burtynsky

Hong, L. (1996, November 21). Rubberwood Utilization: A Success Story. Retrieved from Metla: http://www.metla.fi/iufro/iufro95abs/rsp19.htm

Hoovers. (N.d.). Tire Manufacturing. Retrieved from Hoovers: http://www.hoovers.com/industry/tire-manufacturing/1406-1.html#

61 billion / $1.3 million. In this aspect, CB is a stronger company in comparison with Goodyear, as they are more effectively using their assets to increase sales. ("Cooper ire and Rubber Annual Report," 2010)
he Debt Ratio

he debt ratio is used by investors to determine the overall risks to the business from: various loans and other financial obligations they have. During times of financial challenges, the total amounts of debt could have an impact on future company's revenues (which may affect the financial strength of the business itself). his ratio is calculated by dividing the total debt into the total amount of assets. Any kind of reading higher than 1.0 indicates that the company has more than enough assets to meets its financial obligations. ("Debt Ratio," 2011) In the case of G, the company has a debt ratio of .28. his was determined by dividing $4.475 billion into $15.63 billion.…...

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The debt ratio is used by investors to determine the overall risks to the business from: various loans and other financial obligations they have. During times of financial challenges, the total amounts of debt could have an impact on future company's revenues (which may affect the financial strength of the business itself). This ratio is calculated by dividing the total debt into the total amount of assets. Any kind of reading higher than 1.0 indicates that the company has more than enough assets to meets its financial obligations. ("Debt Ratio," 2011) In the case of GT, the company has a debt ratio of .28. This was determined by dividing $4.475 billion into $15.63 billion. While CTB, has a debt ratio of .90. This was calculated by dividing $21 billion into $23 billion. In this aspect, CTB has lower amounts of debt in comparison with Goodyear. ("Goodyear Tire and Rubber Annual Report," 2010) ("Cooper Tire and Rubber Annual Report," 2010)

The Debt to Equity Ratio

The debt to equity ratio is designed to tell investors how much debt and equity a company is using to finance its expansion. The higher the number is, the greater the chances that an organization has been using its debt to finance their growth. This number is calculated by dividing the total liabilities into the shareholder equity. ("Debt to Equity Ratio," 2011) As far as GT is concerned, the company has a debt to equity ratio of 50.99. This was calculated by dividing

The problem with tire recall is that there is no system in place (as of 2014) to track and monitor tires among retailers who might determine at a glance that a specific tire is part of a recall. As ABC News has shown, there is a real and serious need for system reform because of the invisible hazard that exists in terms of unsafe tires that have been recalled being sold to an unsuspecting public. Tire manufacturers have a responsibility to be part of that reform and to develop an adequate method of tracking where all tires are delivered and to whom they are sold so that in the case of a recall, those tires might effectively be removed from the public. Once a recall is issued, the tires should be located, by contacting retailers as well as consumers who purchased them, so that there are no “lost” tires. The…...

Irvin, Jeffrey. Lowes Home Improvement Warehouses

Irvin comments on the social, competitive, and regulatory forces affecting Lowes. If I were to respond online to Irvin's comments I would note the following:

appreciate your understanding of how corporate culture can affect the implementation of new ideas and concepts. Your experience at Lowes shows that a hierarchical organizational structure is not necessarily beneficial. Understanding a changing demographic demands flexibility at the upper levels of management. I would appreciate your expanding on how Lowes might target their products to specific generational cohorts.

Similarly, it would be helpful if you would explain why you believe Lowes to be an oligopoly and how you feel that designation is affecting the company's current marketing strategy. You do not mention Home Depot, which I think would be an important competitor and one Lowes would need to distinguish itself from. More importantly, it would be helpful to know what, if anything,…...

Treadway Tire Company Case Analysis
Case Analysis

The case study focuses on Treadway's Lima Tire Plant, paying close attention to the expressed job dissatisfaction of the plant's line foremen leading to a high turnover rate. The company had been faced with challenges, and it was forced to implement cost-cutting measures. The cost cutting measures were in reaction to the rising costs of conducting business. The H advisor Ashley Wall had deemed it necessary to reduce costs by restricting the rising rate of employee turnover in 2007 (Skinner & Beckham, 2008). The Lima plant had all the resources necessary for leveraging the company recovery plan. Wall established that the rate of employee turnover had a direct effect on the costs of running operations. Employee turnover was causing dysfunction within the company at the time. The move from eight-hour shifts to twelve-hour shifts played a huge role in causing the dysfunction. The manufacturing plant…...

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References

Armstrong, M., & Taylor, S. (2014). Armstrong's handbook of human resource management practice. Philadelphia, PA: Kogan Page Publishers.

Jones, S. (2013). Importance of Trust and Open Communication in Working Environments. Journal of European Business Management, 3(1), 33-41.

Skinner, W., & Beckham, H. (2008). The Treadway Tire Company: Job Dissatisfaction and High Turnover at the Lima Tire Plant. Boston, MA: Harvard Business School.

Essay Topic Examples 1. Exploring Leadership Challenges in Treadway Tire Company:
This essay topic focuses on the leadership aspects highlighted in the Treadway Tire Company case. It discusses how leadership styles, decision-making processes, and communication methods within company management have contributed to the issues faced by the Lima Tire lant. Consideration of hierarchical dynamics and recommendations for leadership improvements to mitigate turnover rates of line foremen would be examined.

2. The Impact of Organizational Culture on Employee Morale:
This essay delves into the correlation between organizational culture and employee morale as presented in the Treadway Tire Company case analysis. It evaluates the existing cultural practices and norms within the company and their effect on employee satisfaction and retention. Suggestions are given about how strengthening the culture can lead to more positive outcomes for the company and its employees.

3. Human Resource Management and Job Dissatisfaction at Treadway Tire:
This topic concentrates on the human resource policies…...

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Primary Sources

Skidmore, John. \"Treadwind Tire Company Case Study.\" Harvard Business Review, Case No. 2189, Boston: Harvard Business School Publishing, 2008.

Luchak, Andrew A., and Ian Gellatly. \"Personal and Organizational Factors Associated with Work-Family Conflict among Employed Women.\" Journal of Vocational Behavior, vol. 67, no. 2, 2005, pp. 278-293.

Friedman, Stewart D. \"Work and Life: The End of the Zero-Sum Game.\" Harvard Business Review, vol. 76, no. 6, 1998, pp. 119-129.

Robbins, Stephen P., and Timothy A. Judge. Organizational Behavior 18th Edition. Prentice Hall, 2019.

Bridges, William. \"The End of the Job.\" Fortune, vol. 130, no. 5, 1994, pp. 62-72.

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