ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Projects HUB for Management Students ( MBA Projects and dissertations / BMS Projects / BBA Projects > PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT > Principles of Management ( P.O.M)

Pest Analysis On Bucyrus International

Pest Analysis On Bucyrus International

Discuss Pest Analysis On Bucyrus International within the Principles of Management ( P.O.M) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Bucyrus International, Inc. (NASDAQ: BUCY) designs, manufactures and markets surface and underground mining equipment. Founded in Bucyrus, Ohio, in 1880, ...

Reply
 
LinkBack Thread Tools Display Modes
Pest Analysis On Bucyrus International
Old
 (1 (permalink))
Abhijeet S
abhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to beholdabhishreshthaa is a splendid one to behold
 
abhishreshthaa
Operations Manager at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 7,045
Join Date: May 2010
Pest Analysis On Bucyrus International - December 3rd, 2010

Bucyrus International, Inc. (NASDAQ: BUCY) designs, manufactures and markets surface and underground mining equipment. Founded in Bucyrus, Ohio, in 1880, the headquarters were moved to its current location in South Milwaukee, Wisconsin, in 1893. In its early history, the company produced steam shovels; its products now include large electric rope shovels, walking draglines and rotary blasthole drills for the surface mining industry.


The company was an early producer of steam shovels, moving its operations to South Milwaukee in 1893.[5] In 1904 Bucyrus supplied 77 of the 102 steam shovels used to dig the Panama Canal. The concern became Bucyrus-Erie in 1927 with its merger with the Erie Steam Shovel Company, then the country's leading manufacturer of small excavators.

In 1930 Bucyrus joined with the English firm of Ruston & Hornsby Ltd Lincoln, England, to form the Ruston-Bucyrus Ltd firm in England. Ruston & Hornsby Ltd were the pre-eminent manufactures of Steam excavators at the time, having started in 1874; the merger gave the company access to previously unavailable world markets. Ruston & Hornsby Ltd sold their share in Ruston-Bucyrus in 1985, during a period of recession and consolidation in the Mining industry, as they divested themselves of non-core businesses to survive.

For a time in the 1980s the company was known as Becor Western following its merger with Western Gear. On February 22, 1993, Bucyrus-Erie filed for Chapter 11 bankruptcy, and then emerged from Chapter 11 on December 14, 1994 [6]. It later became Bucyrus International. It built hundreds of large mining machines, as well as construction equipment, in an intense competition against competitor Marion Power Shovel. Bucyrus acquired Marion Power Shovel in 1997.

Bucyrus markets equipment under the brands Bucyrus, Bucyrus-Erie, Marion, and Ransomes & Rapier of Ipswich, England. Well-known as a national and international concern,[7] Bucyrus is noted for the long service of many of its employees. On May 4, 2007, Bucyrus announced it had completed the acquisition of the DBT Group from the RAG Group of Herne, Germany. Based in Lunen, Germany, DBT manufactures underground mining equipment that complements the current surface machinery line. In February 2010, Bucyrus International completed a US $1.3 billion acquisition of the mining equipment division of Terex Corporation.


„The concept of the Cultural Web is a representation of the taken-for-granted assumptions, or paradigm, of an organisation and the physical manifestations of organisational structure (Johnson, G. and Scholes, K., 2002, p.230).” It is composed of the following elements: stories, symbols, power structures, organisational structures, control systems, rituals and routines as well as the paradigm.

The origins of the companies lay approximately 100 years back in time. However, each business has its individual paradigm which guarantees either helpfulness or low prices. Therefore, their business strategies are very similar to each other and represent the overall same goal – ‘low prices for good value’.

Even the companies’ rituals and routines do not show any differentiation from one another. They all like to help the community with special donations and funds, as well as they give money to special charities.

However, one may has to mention that Tesco with its policy ‘No one sells for less’ may be seen as the ‘winner’ for consumers in the food retailing industry, due to the award of best reputation in November 2003. Moreover, Asda following on 2nd place was then awarded for best management (Simpson, P., November 28th 2003), p.2). In fact, these leads to result that Asda and Tesco may be seen as the major competitors with offering the lowest prices in the food retailing industry. On the other hand Morrison’s new offer for Safeway will create the 3rd largest supermarket in the UK and therefore an immense threat for Asda and Tesco (Voyle, S., December 16th 2003, p.15).

Nowadays, one may believe that through the remaining and dominant pricing strategies, big companies can only succeed with better and quicker availability/value of products, so that the smaller supermarkets will not take over their position.


The main problem is that internal analysts have a subjective point of view of a company’s culture and therefore, they often take rituals and structures for granted. Hence, external consultants would be more suitable to undertake such an analysis, but on the other hand they often do not have access to all of the necessary information.



The Cultural Web offered a good opportunity to gain useful insights in the characteristics of the companies, contributing to coherence in their cultures. The analysis points out that every employee of an organisation, supported by several organisational and control systems, should work towards a single common goal – in this case towards the paradigm “The very best for less” – Morrison; “Always happy to help” – Asda; “Every little help” – Tesco and “” – Sainsbury’s.


Help Others > Network > Grow


Work with us part time/full time as forum moderator. Email us your resume on careers @ managementparadise.com PLS PRESS THANKS BUTTON IF U LIKED MY POST.

Friends: (0)
Reply With Quote
Related to Pest Analysis On Bucyrus International
 
Similar Threads
Thread Thread Starter Forum Replies Last Post
Pest Analysis On Belkin International, Inc. Abhijeet S Principles of Management ( P.O.M) 0 December 3rd, 2010 01:33 PM
Pest Analysis On Applebees International, Inc. Abhijeet S Principles of Management ( P.O.M) 0 December 3rd, 2010 12:11 PM
Pest Analysis On Anixter International Abhijeet S Principles of Management ( P.O.M) 0 December 3rd, 2010 11:34 AM
Pest Analysis On Aleris International Abhijeet S Principles of Management ( P.O.M) 0 December 3rd, 2010 10:13 AM
SWOT ANALYSIS ON Bucyrus International Abhijeet S Principles of Management ( P.O.M) 0 November 29th, 2010 09:16 AM
 

Reply

Bookmarks

Tags
barriers to consumer, capital flows, capital investment, communication device, flow of information, food exportslow taxes, foreign capital, franchise business, highly-skilled staff, increasing demand, labelling regulations, labelling schemes, marketing concept, pest analysis, political status, price declines, production equipment, rapid development, rules of law, skilled workforce, social cultural, technology factor, trade organization, traditional, us company pest analysis

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  
» Ads




» Recent Threads
Morning Stock Tips,nifty...
Last post by Riya Bajaj
45 Minutes Ago 02:10 PM
7 Replies
Soultion manual on... ( 1 2 3... Last Page)
Last post by Paul Crush
1 Hour Ago 01:06 PM
52 Replies
Project Report on...
Last post by Krunal Dhabhi
2 Hours Ago 12:07 PM
0 Replies
Live Pepsi IPL7 Chennai...
Last post by Yashwant Naik
15 Hours Ago 11:23 PM
0 Replies
Live Pepsi IPL 7, CSK vs...
Last post by Yashwant Naik
16 Hours Ago 10:54 PM
0 Replies
what are main... ( 1 2)
Last post by Ahmed Shahid
17 Hours Ago 08:56 PM
14 Replies
Can Kings XI Punjab...
Last post by Jagruti Shah
19 Hours Ago 07:21 PM
0 Replies
Real Madrid New Hero:...
Last post by Kaushal Mehta
21 Hours Ago 05:34 PM
0 Replies
Facts behind Good Friday
Last post by Kaushal Mehta
21 Hours Ago 05:28 PM
0 Replies
Cheo Feliciano Dies in...
Last post by Kaushal Mehta
21 Hours Ago 05:18 PM
0 Replies
Why Andre Johnson Jumps...
Last post by Kaushal Mehta
21 Hours Ago 05:12 PM
0 Replies
Toll Rises to 25 of...
Last post by Kaushal Mehta
21 Hours Ago 05:06 PM
0 Replies
BJP AAP Congress ?
Last post by Joel Francis
1 Day Ago 02:55 PM
0 Replies
NIFTY FUTURE TREND :...
Last post by Riya Bajaj
1 Day Ago 12:23 PM
3 Replies
Solution manual on...
Last post by Bhautik Kawa
1 Day Ago 11:12 AM
5 Replies
» Projects Helpline
Project on CRM (...
Last post by Vish Kumar
2 Days Ago 06:12 PM
100 Marks Project on...
by msdhoni
Last post by Bhautik Kawa
5 Days Ago 11:55 AM
Ask Gaurav Mishra for...
1 Week Ago 09:33 PM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in