Case study-louis industrial garage ltd

Assignment Help Business Management
Reference no: EM133085233

Case study

Louis Industrial Garage Ltd is a private family owned company that supplies American and European on/off-road truck, trailer, tractor parts and accessories. The company has been founded from 1966 (54 years old) and has been Jamaica's and the Caribbean's largest company that supplies heavy duty spare parts. They are currently located at 77-89 Park Way Six Miles, Kingston 11, Jamaica, taking up land space of approximately two acres.

The CEO of LIG is presently Mr. Dean Francis who has been in this position for over 15 years, Mr. Dean Francis the son of Mr. Loui Francis who is the founder of Louis' Industrial Garage Ltd. known as LIG. Mr. Dean Francis was previously the company's Marketing Director but later was promoted to CEO as Mr. Loui Francis stepped down from the position.

Mr. Dean Francis was exposed to a lot of the methods that were used to accomplish the company's goals but he also saw room for improvement and had his own vision for the direction of the company, so Louis' Industrial Garage which was previously a garage where repairs were done on was transformed into an industry that provides a wide collection of heavy-duty spares.

Louis Industrial Garage mission statement is "To be Jamaica's number one truck and trailer parts and accessories store that is focused on quality, integrity and great customer relationships". They strive to offer quality services and products at the best and affordable price available on the market. They take great pride in how the company is viewed as a whole in which they have taken a stance to be an educator industry that has maintained a level of discipline over the years. LIG'S goal is to educate as much mechanics in Jamaica and owner of heavy duty vehicles, on proper installation procedures and the importance of quality products.

Strategic decisions are important decision that an organization makes that impacts its objectives, its goals and other important policy matters. These decisions are usually long term and involves huge investment or funds. Strategic decisions are normally taken at the highest level of the organization and usually involves the Board of Directors. These types of decisions based on their nature and level of risk, usually requires careful analysis and evaluation.

Provide a explanation to the question below

Does your company keep customer complaint records? If yes, what are some of the complaints?

How do they decide what products to carry?

How do they collect data, is it from surveys? How is the info used in decision making?

Reference no: EM133085233

Questions Cloud

What is the total contribution margin at the current level : Only 650 machine hours are available per month. What is the total contribution margin at the current level of production for each model
Advantage of a legal structure : Corporate law enables businesses to take advantage of a legal structure that? 1 shields owners from publicity 2gives the corporate entity protection from all li
Drivers or riders as workers not self employed : Is there any advantages for gig company such as Deliveroo or Uber if they reclassify their drivers or riders as workers not self employed?
How networking can help develop leadership skills : Explain how networking can help develop leadership skills.
Case study-louis industrial garage ltd : Louis Industrial Garage Ltd is a private family owned company that supplies American and European on/off-road truck, trailer, tractor parts and accessories. The
Form of intellectual protection : What is the difference between patents, trade secrets, trademarks, and copyrights?
How much is the beginning raw materials inventory : Constanza Company has the following balances as of the year ended December 31, 2010: How much is the beginning raw materials inventory
Describe conflicts of laws : Please describe conflicts of laws, when it arises, what common questions arise when dealing with more than one set of domestic laws, and how the parties can mit
Why should market competition regulators in canada : (a) Why should market competition regulators in Canada be interested the proposed merger between Techno, Lilliput, and Zaram?

Reviews

Write a Review

Business Management Questions & Answers

  Compare and contrast human resource management

Without using outside sources, please compare and contrast human resource management versus organizational development.

  Second order condition for profit maximization

Second Order Condition for profit maximization when the input x is the decision variable with pure competition p f" (x)

  Evaluate the skill-based pay system of

evaluate the skill-based pay system of compensationskill-based pay refers to a pay system in which pay increases are

  What accomplishments are you looking to achieve

What accomplishments are you looking to achieve during this capstone project class that you can integrate into your professional careers?

  Calculate the price of elasticities of demand

Sales are 3,100 at a price of $200 and 2,400 at a price of $300. Calculate the price of elasticities of demand using $200 as the base value; then use $300 as the base value. Calculate the arc price elasticity and compare the three calculations. Ho..

  Analyze ethical and legal dilemmas that healthcare workers

Analyze ethical and legal dilemmas that healthcare workers may encounter in the medical field.

  Write the coworker a letter of sympathy

Imagine that the spouse of a coworker recently died of cancer. Write the coworker a letter of sympathy. Write a short note thanking a friend who sent you good wishes when you recently completed your degree.

  What is the expected value under perfect information

Which alternative should be chosen based on the minimax regret criterion - what is the expected value under perfect information (EVPI)?

  How much interest will be paid over the life of the loan

-Your business borrowed $154,000 at 8.4% from the local bank. The loan was to be repaid over 30 years with 6 payments each year. You just remitted payment numbe

  What are the possible sources of error in measurement

What are the possible sources of error in measurement?

  Write pso company risk-financing risk

Write PSO company risk, financing risk, disasters, social environmental responsibility, director report and other key performance indicator.

  Option contract to hedge apple

How will you use the option contract to hedge Apple (AAPL) stock You need to determine which option you need to use (i.e., the type of option, appropriate stri

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd