After Amazon.com announced it would acquire Whole Foods, shares of supermarkets in the United States were hit hard; the same was true for grocers in Europe, as investors there worried about the possibility of Amazon moving beyond US borders in the grocery space. Because little had been said regarding the motivation behind the acquisition, the CEO of a large organic-foods supermarket group in Europ
In February 2018, Jay Powell replaced Janet Yellen as chair of the Board of Governors of the U.S. Federal Reserve (the Fed). Powell, a board member at the Fed since May 2012, knew that his job was to normalize U.S. monetary policy, which had been exceptionally expansionary for a full decade. He also knew that short rates had been too low for too long—the federal funds rate had been near 0% for sev
Written using public sources, this case uses Hewlett-Packard's (HP) purchase of Autonomy Corporation (Autonomy) to analyze the accounting treatment for the acquisition and subsequent goodwill impairment. While the case focuses on the accounting for mergers and acquisitions, it also provides for a variety of other discussion topics such as the effect of managerial incentives and CEO succession on a
U.S. employment in manufacturing has been steadily declining since the 1980s. In the wake of the surprise election in November 2016 of Donald J. Trump, who received strong blue-collar support in rust-belt states, there was growing urgency to understand the plight of manufacturing. The first half of this case explores recent research on labor-market polarization, the return to education, and the lo
In 2017, it was a challenge to assess the future of global trade. It was an open question whether the U.S. financial crisis and the recession that it triggered would mark a turning point for the liberal post-World War II world order. If one looked toward Europe, China, Latin America, and Japan, there was a flurry of activity. New trade agreements were being completed and pursued. In Washington, DC
Sonvilier Pen is an elite manufacturer of high-quality ballpoint and fountain pens, producing over three million units annually. Six months earlier, the COO for Sonvilier Pen had gotten a proposal to outsource two pen components to Li Manufacturing, a specialist in the molding and production of intricate metals, located in southeastern China. The proposal was intriguing, but there were a number of
UPLiFT, a microfinance NGO in the Philippines that provided microfinance and social services for the urban poor, was deciding whether to try to attain fast growth (tripling its clients in just a few years) or concentrate on serving the community in the philanthropic way it always had. The case presents UPLiFT's mission and operations, as well as the opportunities and challenges it faced in 2014.
This is the Russian translation of the August 2005 version of UVA-QA-0657. The manager of a paper plant must decide whether to buy a new electrode boiler to replace a natural gas boiler. The challenge is to cut through complexities, such as uncertainty in boiler efficiency, energy prices, financing alternatives, and supplier/competitor relationships to arrive at a first-cut analysis and decision.
This is a Russian translation of the 2012 version of UVA-S-0194. Suitable for MBA, Executive MBA, GEMBA, and executive education programs, this case uses CEMEX, a global cement producer based in Mexico, to set the stage for unfolding an analysis of a growth through acquisition strategy. It offers a discussion about the firm's overall strategy to acquire on a global scale instead of growing organic
Olaf Tryggvason, owner of a fleet of fishing ships in a small northern Norwegian town, has been offered and has accepted a reality television deal about the fleet to create a show along the lines of "The Deadliest Catch" and "Big Shrimpin'." He now has to recommend which ships and kapteiner (skippers or captains) in his fleet should be the stars of the show. He also has to consider the various dan
As part of a biennial supplier review, Jennifer Schramm, a purchasing manager in the cocoa and chocolate division at Cardinal Foods, had been considering several different cocoa cooperatives. She wanted to (1) source high-quality cocoa in the proper particle sizes, (2) source cocoa from environmentally and socially conscious producers, (3) keep the cost of cocoa sourcing as low as possible, and (4
In this case a business school student, Kate Maxwell, must decide whether to accept a job offer in wealth management or pursue her dream of building her own company around healthy gummy snacks for children. Because Maxwell's gummies rely on high-quality, fresh ingredients that are more expensive than those used in similar gummy snacks, they would have to carry a hefty price premium in the marketpl