Running head: PROBLEM SOLUTION: LESTER ELECTRONICS
Problem Solution: Lester Electronics
Nicole Salem
University of Phoenix
Group LM06MBA01
Ronald Hallam
March 15, 2007
Problem Solution: Lester Electronics
Lester Electronics Inc has made a corporate decision to merge with Shang-wa to maximize the potential and maximize the wealth of the two companies. The merger will allow each to capitalize on the strengths of the other while minimizing their weaknesses.
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 Lester 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 master distributor, Lester markets its products to small and medium......
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Approximate Word Count: 4636
Approximate Pages: 18 (260 words per double-spaced page) |