miller tool company case analysis

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    Case study on: Miller Tool Company

    To,Ms. Anuradha Pandit

    Presented By:Darshan Patel

    Vijay Aslaliya

    Bhavin Donda

    Gopal Rakholiya

    Jaydeep Rozia

    Akshay Khatri

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    Situation Analysis

    MTC was established in Year 1890.

    Company was listed to New York Stock Exchange in Year 1920.

    McFettridge became President in Year 1960.

    Good Financial position : Rs. 70 million in quarter

    McFettridges thoughts:

    To bring Automation

    To counter balance dependence on heavy industry.

    Acquisition: 11 companies & 7 businesses

    President McFettridges death in 1969.

    New President: Henrey Augener

    Eugene De Witt- sound financial background was also appointed.

    Problems arises among MTC and subsidiaries.

    Both work on solving problems arised in MTC and subsidiaries.darshan

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    Alternatives

    Integrate all five electronic companies.

    Integrated 5 electronic companies 1 Manager

    Baking Co.( largest company) 1 manager

    Trucking Co. (supporting company)- 1 Manager

    Dry cleaning Co. (less investment, more profit) -1 Manager

    Building maintenance Co.

    Construction Co. 1 Manager

    Automation of subsidiary companies along with MTC .Company should divest Highway and other public works.

    Akshay & jaydeep

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    Best alternatives Augener should hire managers as per company structure

    wise.(As given in Alternatives).

    Eugene De Witt will assist Augener to divest poor performing

    company and help subsidiaries for finance.

    Disinvestment of highways and other public works.

    Because:

    It takes time to pass the tender and some govt. rules and

    regulation.

    It also Requires huge investment.

    For automation purpose both subsidiaries and MTC will help

    financially and technically to each other.

    bhavin

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    Conclusion

    Finally we conclude that company can perform well

    efficiently and profitability only if all stated alternatives are

    implemented. After that also how that alternatives work will be

    measure.

    In case any wrong matter, necessary actions will be taken and

    control will there throughout implementation.

    Gopal