Lester Electronics Essays and Term Papers
Last update: July 27, 2014-
Problem Solution: Lester Electronics
Problem Solution: Lester Electronics In 1978 Lester Electronics entered into an exclusive contract with Shang-wa Electronics. The contract was an exclusive distribution agreement between both companies (University of Phoenix, 2007). With all the changes that are happening in many areas of the business world they would be looking for ways to grow their company either by acquisitions or mergers. The situation that was happening with Silver Socks is that they wanted to acquire Lester Electronics.
Rating:Essay Length: 589 Words / 3 PagesSubmitted: November 16, 2009 -
Gap Analysis: Lester Electronics
Gap Analysis: Lester Electronics In the Lester Electronics Scenario, there are several things going on at once. Shang-Wa had already suggested a partnership to Lester Electronics, but this is now becoming more urgent due to a hostile takeover bid by TEC. In fear of losing his company, John Lin, the CEO and founder of Shang-Wa, approaches Bernard Lester, CEO of Lester Electronics with a serious proposal to form and partnership and expand the business in
Rating:Essay Length: 1,262 Words / 6 PagesSubmitted: November 25, 2009 -
Problem Solutions - Lester Electronics
Problem Solution: Lester Electronics Lester Electronics Inc has made many decisions that will benefit the two companies. Based on the decision to merge with Shang-wa to maximize the potential and maximize the wealth of the two companies. The advantage is that the merger will allow each to capitalize on the strengths of the other while testing their weaknesses. In this paper it will explore the challenges, opportunities and the ethical dilemmas that Lester Electronics, Inc
Rating:Essay Length: 3,033 Words / 13 PagesSubmitted: November 29, 2009 -
Lester Electronics, Inc
Lester Electronics, Inc. In 1978, Shang-wa Electronics, a small Korean manufacturer of capacitors, entered into an exclusive United States distribution contract with Bernard Lester, who then officially founded Lester Electronics, Inc. (LEI). LEI grew rapidly as Bernard added additional components to its product line, and made inroads with two large domestic manufacturers that use capacitors in both consumer and industrial products. As a consumer and industrial electronics parts master distributor, Lester markets its products to
Rating:Essay Length: 2,412 Words / 10 PagesSubmitted: November 30, 2009 -
Lester Electronics Wealth Maximization
Wealth Maximization Concepts Worksheet Concept Application of Concept in the Scenario Reference to Concept in Reading Growth Opportunities Lester Electronics Inc. (LEI), an American distribution company, has two options for growth of the business. Bernard Lester can merge the company with Asian-based Shang-wa or Lester can sell the company to Paris-based Avril. Lester must determine whether the future cash flows of merging with Shang-wa will be more than the current payment Avril will offer him.
Rating:Essay Length: 413 Words / 2 PagesSubmitted: December 1, 2009 -
Lester Electronics Financing Alternative Benchmarking
Lester Electronics Financing Alternative Benchmarking Corporate growth usually occurs internally when a firm grows its existing departments through normal capital budgeting activities. However, the most dramatic examples of growth sometimes results from mergers. Many reasons have been offered by financial managers to account for frequent merger activity. The primary motivation behind a merger is that it provides an opportunity to bring together and increase the value of the combined enterprise. One commonly used research tool
Rating:Essay Length: 6,290 Words / 26 PagesSubmitted: December 1, 2009 -
Lester Electronics Benchmarking
Lester Electronics Benchmarking Lester Electronics (Lester) finds itself faced with a difficult decision after years of profitability and growth due in large part to its long-term relationship with Shang-wa (University of Phoenix, n.d.). Threatened with the loss of its exclusive distributorship of Shang-wa capacitors, it must decide whether to recommend a joint development with Shang-wa, the acquisition of or merger with Shang-wa, or a takeover by Avral Electronics, S.A. Hawanini and Viallet (1999) believe
Rating:Essay Length: 5,802 Words / 24 PagesSubmitted: December 3, 2009 -
Gap Analysis: Lester Electronics
Running head: GAP ANALYSIS: LESTER ELECTRONICS Gap Analysis: Lester Electronics University of Phoenix Gap Analysis: Lester Electronics Lester Electronics Inc. (LEI) is a consumer and industrial electronics parts distributing company that markets its products to small local distributors throughout North, South, and Central America and Europe. The company also markets to small to medium-sized original equipment manufacturers and repair facilities. In 1978 LEI entered into an exclusive distribution contract with Shang-wa Electronics. This contract has
Rating:Essay Length: 289 Words / 2 PagesSubmitted: December 5, 2009 -
Lester Electronics - Problem Solution
Problem Solution: Lester Electronics Lester Electronics has found itself in the midst of a crisis. A crisis that was unforeseen and unwanted. Lester Electronics’ main supplier and longtime friend, Shang-Wa has just been subject to a hostile takeover. Lester Electronics needs to evaluate the available options and act quickly and decisively in order to have an impact on its own future and make the most of this situation. In the following pages we will evaluate
Rating:Essay Length: 3,292 Words / 14 PagesSubmitted: December 6, 2009 -
Lester Electronics Financing Alternative Benchmarking
Lester Electronics Financing Alternative Benchmarking The team researched six companies with similar issues facing Lester Electronics to determine some benchmarking references for Bernard Lester. The six companies researched were: Apollo Health Street/Zavata-Appendix A, AT&T/BellSouth-Appendix B, Safeway-Vons Merger-Appendix C, Oracle-PeopleSoft-Appendix D, Boeing / Mc Donnell Douglas-Appendix E, May Company / Federated-Appendix F. This paper will provide some key concepts that will be compared and contrasted to help Mr. Lester make a determination on how to handle
Rating:Essay Length: 2,701 Words / 11 PagesSubmitted: December 10, 2009 -
Lester Electronics
Problem Solution: Lester Electronics Eric Korte University of Phoenix Maximizing Shareholder Wealth 540/MBA Pamela Scales, Instructor August 6, 2007 Problem Solution: Lester Electronics Lester Electronics, Inc., is a distribution company in the United States and has business relationships with Shang-wa Electronics, a Korean manufacturer. Shang-wa has a contract with Lester to sell capacitors in the United States if Lester maintained a minimum annual purchase of $1 million per year resulting is Shang-wa being Lester's primary
Rating:Essay Length: 1,820 Words / 8 PagesSubmitted: December 20, 2009 -
Gap Analysis: Lester Electronics
Gap Analysis: Lester Electronics Lester Electronics Inc. (LEI) is a consumer and industrial electronics parts distributing company that markets its products to small local distributors throughout North, South, and Central America and Europe. The company also markets to small to medium-sized original equipment manufacturers and repair facilities. In 1978 LEI entered into an exclusive distribution contract with Shang-wa Electronics. Lester Electronics (LEI) and Shang-wa have been close partners for nearly 35 years. LEI is faced
Rating:Essay Length: 1,602 Words / 7 PagesSubmitted: December 23, 2009 -
Lester Electronics Financing Alternatives
Lester Electronics Financing Alternatives xxx University of Phoenix MBA/564 Maximizing Shareholder Wealth xxxxx June 21, 2007 Lester Electronics Financing Alternatives Bernard Lester of Lester Electronics (LEI) is not convinced that a merger with Shang-wan is in the best interest of the company. Lester has requested the assistance of a professional consulting group to assess all alternatives including financing alternatives for Lester Electronics. The final report is in and the results to be discussed are as
Rating:Essay Length: 647 Words / 3 PagesSubmitted: December 25, 2009 -
Lester Electronics Problem Solution
Running head: PROBLEM SOLUTION: LESTER ELECTRONICS Problem Solution: Lester Electronics Problem Solution: Lester Electronics Lester Electronics Inc. (LEI) has made a decision. The Board of Directors has granted, approval to move forward with the acquisition Shang-wa. Both companies have much at stake; therefore, Bernard Lester is fully aware of the importance of making the best possible financial decisions. LEI must apply financial vehicles to determine the perfect financial mix for success. This paper will propose
Rating:Essay Length: 5,386 Words / 22 PagesSubmitted: December 25, 2009 -
Problem Solution: Lester Electronics Inc.
Problem Solution: Lester Electronics Inc. Situation Analysis and Problem Statement for Lester Electronics Despite the popular belief generated by the abundance of new headlines reading fraises such as China Trade Deficit, Globalization and Outsourcing, transition of product manufacturing to Asia is not the latest fad. Low wages and the abundance of labor have been exploited by distributors and wholesalers of all countries. "IN THE ELECTRONICS industry, the world of logistics is dominated by the shift
Rating:Essay Length: 608 Words / 3 PagesSubmitted: December 25, 2009 -
Gap Analysis: Lester Electronics
Running head: GAP ANALYSIS: LESTER ELECTRONICS Gap Analysis: Lester Electronics B.T.Brown University of Phoenix Gap Analysis: Lester Electronics In today’s business environment, company executives are often required to participate in a company’s capital budgeting process as the sponsor, reviewer or approving authority of investment decisions. Lester Electronics is at a tipping point of the business. Lester cannot continue to manage the business as has previously been done. Lester Electronics is a consumer and electronics parts
Rating:Essay Length: 355 Words / 2 PagesSubmitted: December 29, 2009 -
Gap Analysis: Lester Electronics
Gap Analysis: Lester Electronics Lester Electronics is a distributor of electronics components in the United States. Shang-wa Electronics is a small Korean electronics manufacturer. For the past 35 years the two companies have been engaged in an exclusive supply agreement that has served both companies well. Recently there have been changes in the industry, the market, and in the personal lives of the CEO’s of the two companies that have led Lester to the decision
Rating:Essay Length: 2,255 Words / 10 PagesSubmitted: January 1, 2010 -
Lester Electronics Final Paper
Lester Electronics Incorporated (LEI), after arduous study, has resolved to acquire Shang-Wa Electronics. Through this acquisition, LEI will develop a new strategy to maximize shareholder wealth. The company will discuss the valuation of the company and how to finance the purchase. Capital Budgeting: The decision to purchase Shang-Wa Electronics started with the benchmarking of decisions that other corporations in a similar situation have made. Once the projects have been trimmed down to a reasonable list,
Rating:Essay Length: 1,049 Words / 5 PagesSubmitted: January 1, 2010 -
Lester Electronics Benchmarking
Introduction Lester Electronics is a company that is facing financial decisions for short and long-term goals. A company such as Lester Electronics began by the sole proprietor Bernard Lester who entered an agreement with Shang-wa to distribute products within the United States. Both companies are being approached by two different companies (TEC and Avral) that may separate the bond between Lester Electronics and Shang-wa. Both companies are seeking to continue their long-term investments to their
Rating:Essay Length: 4,656 Words / 19 PagesSubmitted: January 5, 2010 -
Lester Electronics Gap Analysis
Abstract The Lester Electronics scenario outlines two electronic companies that are experiencing issues of merging, joint ventures, acquisitions, partnership and financing. The following literature presents Bernard Lester, CEO and founder of Lester Electronics and John Lin, founder and CEO of Shang-wa Electronics. The Board of Directors for Lester Electronics has made the decision to allow a merger with Shang-wa. In order to complete the merger, the board of directors must consider assessing financing need for
Rating:Essay Length: 3,335 Words / 14 PagesSubmitted: January 5, 2010 -
Problem Solution: Lester Electronics Corporation
Problem Solution: Lester Electronics Corporation Lester Electronics and Shang-Wa Electronics have a long-standing business relationship. The owners of these firms are close friends, both working diligently to increase market share, profits, and the reputation of their companies. Both companies are financially solvent, and both companies are making strides to address the growing demand for their products and services. Their exclusive business agreement has been extremely successful and to date has ensured a competitive edge in
Rating:Essay Length: 444 Words / 2 PagesSubmitted: January 9, 2010 -
Lester Electronics Financing Problem
Lester Electronics Financing Problem “Corporations are very adept at creating hybrid securities that look like equity but are called debt. Obviously, the distinction between debt and equity is important for tax purposes. When corporations try to create a debt security that is really equity, they are trying to obtain the tax benefits of debt while eliminating its bankruptcy costs” (Ross, Westerfield & Laffe, 2004). Since CEO and board of Lester Electronics have decided to acquire
Rating:Essay Length: 1,181 Words / 5 PagesSubmitted: January 10, 2010 -
Scenario Financing Solution: Lester Electronics Inc.
Scenario Financing Solution: Lester Electronics Inc. Publicly traded corporations are continually faced with important decisions which will affect the financial health of the firm and because these firms depend on financial investments from shareholders; all decisions should revolve around maximizing the shareholders wealth. The wealth of shareholders can be maximized through many financial tools which include: the analysis of financial statements, capital structures, accounting, and financial stability. Financial statements, capital structures, and company accounting can
Rating:Essay Length: 1,120 Words / 5 PagesSubmitted: January 16, 2010 -
Gap Analysis: Lester Electronics
Gap Analysis: Lester Electronics In looking for solutions in the manufacturing marketing, Lester Electronics, Incorporated (LEI) is looking for viable options for growth. “Whether a company chooses to make further investments in its core business or decides to expand beyond its current core, there are only three avenues by which companies can grow their revenue base: (1) organic or internal growth, (2) growth through acquisition, and (3) growth through alliance-based initiatives. This is often referred
Rating:Essay Length: 507 Words / 3 PagesSubmitted: January 18, 2010 -
Problem Solution: Lester Electronics
Problem Solution: Lester Electronics Lester Electronics, Inc. has decided to merge with its long time supplier Shang-Wa Electronics. The companies will need to prepare an implementation plan that focuses on the financial issues. Shareholders will want to know how this merger will impact them in the short term and how the combined company will perform financially in the future. Company leadership will need guidance on the combined capital structure post merger. The CFO will also
Rating:Essay Length: 1,287 Words / 6 PagesSubmitted: January 21, 2010