Lester Electronics Benchmarking
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Title: Lester Electronics Benchmarking

Essay Details:

Subject: Business
Author: Laura C
Date: April 11, 2014
Grade: A
Length: 6 / 1516

Essay text:

If Shang-wa does not sell or enter into a joint venture with Lester, Shang-wa will not likely continue to remain in business. Lester also feels pressured by a competitor to sell the business. Lester must make the decision to either sell or grow so that they are not forced out of business. Lester's proposal to create a joint venture with Shang-wa may be the only option that would allow both companies to stay in business. In addition, both companies are faced with aging presidents and must put together succession plans if they do choose the joint venture option. Joint Venture Benchmarking for Bernard Lester Since Lester Electronics is a distributor of capacitors and not a manufacturer they must form a relationship with a manufacturer in order to have a product to distribute...

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