Essays24.com - Term Papers and Free Essays
Search

Lester Electronics

Essay by   •  July 5, 2011  •  716 Words (3 Pages)  •  1,005 Views

Essay Preview: Lester Electronics

Report this essay
Page 1 of 3

The article on Lester Electronics, displayed it as being a very confused company that either did not have great leadership or was not very sure on the decisions that were made. They wanted the merger, but did not really understand what this meant or what values this actually brought about. They were not aware how these changes that the merger brought and changes that had to be made in order to ensure that they were financially stable. There are other issues that stemmed from these two things processes going haywire. To further explore the issues that Lester Electronics was having, I chose Mattel and Dell Computers.

Dell was founded in 1984 by Michael Dell on a simple concept: Selling computers systems directly to customers, we could best understand their needs and efficiently provide the most effective computing solutions to meet those needs. Our evolving business strategy combines our revolutionary direct customer model with new distribution channels to reach commercial customers and individual consumers around the world.

For more than 20 years, Dell has revolutionized the industry to make computing accessible to customers around the globe, including businesses, institutional organizations and individual consumers. Because of Dell's direct modelвЂ"and the industry's response to itвЂ"information technology is more powerful, easier to use and more affordable, giving customers the opportunity to take advantage of powerful new tools to improve their businesses and personal lives.

Dell made some huge strides in all of the companies by dismissing about 200 people in its Oklahoma City office. They have completely eliminated a consumer division that at one time was slated to bring in huge amount of business for the company. Michael Dell thought by initially investing in these 200 people to bring proper return to Dell’s Consumer Division. In addition, to not clearly thinking this thoroughly they opened up mall kiosks and also gave a variety of contracts to other specialized stores. Spreading the business as such would eventually require for someone not to get a piece of the pie. There is was no way to continue supporting everyone. This is in comparison Lester Electronics in several ways. Dell experienced a merger that took place on January 1, 2008 with Dell Financial Services and they in return broke away from the CIT Group.

They informed everyone that things had to change. They cut 900 jobs in Canada on a facility that they just had built about 2 years ago. They blamed the closing on the hot economy and the strong Canadian dollar that was made responsible for the decision. Dell was issued several different property tax rebates worth over $1.1 million to build this location. Overall Dell should

...

...

Download as:   txt (4.3 Kb)   pdf (73 Kb)   docx (10.2 Kb)  
Continue for 2 more pages »
Only available on Essays24.com
Citation Generator

(2011, 07). Lester Electronics. Essays24.com. Retrieved 07, 2011, from https://www.essays24.com/essay/Lester-Electronics/57901.html

"Lester Electronics" Essays24.com. 07 2011. 2011. 07 2011 <https://www.essays24.com/essay/Lester-Electronics/57901.html>.

"Lester Electronics." Essays24.com. Essays24.com, 07 2011. Web. 07 2011. <https://www.essays24.com/essay/Lester-Electronics/57901.html>.

"Lester Electronics." Essays24.com. 07, 2011. Accessed 07, 2011. https://www.essays24.com/essay/Lester-Electronics/57901.html.